Centrais Eltricas (Brazil) Technical Analysis
| ELET3 Stock | BRL 35.26 0.14 0.40% |
As of the 25th of November, Centrais Eltricas shows the Risk Adjusted Performance of (0.14), standard deviation of 1.25, and Mean Deviation of 0.9926. Centrais Eltricas technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Centrais Eltricas information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Centrais Eltricas is priced correctly, providing market reflects its regular price of 35.26 per share.
Centrais Eltricas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Centrais, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CentraisCentrais |
Centrais Eltricas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Centrais Eltricas Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Centrais Eltricas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Centrais Eltricas Trend Analysis
Use this graph to draw trend lines for Centrais Eltricas Brasileiras. You can use it to identify possible trend reversals for Centrais Eltricas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Centrais Eltricas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Centrais Eltricas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Centrais Eltricas Brasileiras applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that Centrais Eltricas Brasileiras market price will keep on failing further. It has 122 observation points and a regression sum of squares at 530.23, which is the sum of squared deviations for the predicted Centrais Eltricas price change compared to its average price change.About Centrais Eltricas Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Centrais Eltricas Brasileiras on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Centrais Eltricas Brasileiras based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Centrais Eltricas price pattern first instead of the macroeconomic environment surrounding Centrais Eltricas. By analyzing Centrais Eltricas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Centrais Eltricas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Centrais Eltricas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Centrais Eltricas November 25, 2024 Technical Indicators
Most technical analysis of Centrais help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Centrais from various momentum indicators to cycle indicators. When you analyze Centrais charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (1.84) | |||
| Mean Deviation | 0.9926 | |||
| Coefficient Of Variation | (523.43) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (1.85) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.07 | |||
| Skewness | 0.1692 | |||
| Kurtosis | 0.2475 |
Additional Tools for Centrais Stock Analysis
When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centrais Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.