Light SA (Brazil) Technical Analysis
| LIGT3 Stock | BRL 4.83 0.08 1.68% |
As of the 20th of February, Light SA secures the Risk Adjusted Performance of (0.07), mean deviation of 2.15, and Standard Deviation of 2.89. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Light SA, as well as the relationship between them. Please verify Light SA standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Light SA is priced some-what accurately, providing market reflects its recent price of 4.83 per share.
Light SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Light, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LightLight |
Light SA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Light SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Light SA.
| 11/22/2025 |
| 02/20/2026 |
If you would invest 0.00 in Light SA on November 22, 2025 and sell it all today you would earn a total of 0.00 from holding Light SA or generate 0.0% return on investment in Light SA over 90 days. Light SA is related to or competes with Companhia Energtica, Companhia Energtica, Companhia Energtica, Empresa Metropolitana, Rio Paranapanema, Rio Paranapanema, and Centrais Eltricas. Light S.A., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power ... More
Light SA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Light SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Light SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 3.39 |
Light SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Light SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Light SA's standard deviation. In reality, there are many statistical measures that can use Light SA historical prices to predict the future Light SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (2.01) |
Light SA February 20, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (2.00) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (965.24) | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.35 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (2.01) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 3.39 | |||
| Skewness | 0.0135 | |||
| Kurtosis | 0.9371 |
Light SA Backtested Returns
Light SA has Sharpe Ratio of -0.0488, which conveys that the firm had a -0.0488 % return per unit of risk over the last 3 months. Light SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Light SA's Standard Deviation of 2.89, risk adjusted performance of (0.07), and Mean Deviation of 2.15 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Light SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Light SA is expected to be smaller as well. At this point, Light SA has a negative expected return of -0.14%. Please make sure to verify Light SA's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Light SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Light SA has very good reverse predictability. Overlapping area represents the amount of predictability between Light SA time series from 22nd of November 2025 to 6th of January 2026 and 6th of January 2026 to 20th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Light SA price movement. The serial correlation of -0.68 indicates that around 68.0% of current Light SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Light SA 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.
Light SA Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Light SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Light SA 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 Light SA 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 Light SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Light SA price pattern first instead of the macroeconomic environment surrounding Light SA. By analyzing Light SA'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 Light SA'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 Light SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Light SA February 20, 2026 Technical Indicators
Most technical analysis of Light 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 Light from various momentum indicators to cycle indicators. When you analyze Light 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (2.00) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (965.24) | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.35 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (2.01) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 3.39 | |||
| Skewness | 0.0135 | |||
| Kurtosis | 0.9371 |
Light SA February 20, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Light stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.03 | ||
| Daily Balance Of Power | 0.57 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 4.79 | ||
| Day Typical Price | 4.80 | ||
| Price Action Indicator | 0.08 | ||
| Market Facilitation Index | 0.14 |
Additional Tools for Light Stock Analysis
When running Light SA's price analysis, check to measure Light SA's 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 Light SA is operating at the current time. Most of Light SA's value examination focuses on studying past and present price action to predict the probability of Light SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light SA's price. Additionally, you may evaluate how the addition of Light SA to your portfolios can decrease your overall portfolio volatility.