Centrais Financial Statements From 2010 to 2024
| ELET6 Preferred Stock | BRL 38.98 0.03 0.08% |
Check Centrais Eltricas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centrais Eltricas' main balance sheet or income statement drivers, such as , as well as many indicators such as . Centrais financial statements analysis is a perfect complement when working with Centrais Eltricas Valuation or Volatility modules.
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Centrais Eltricas Brasileiras Company Beta Analysis
Centrais Eltricas' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Centrais Eltricas Beta | 0.46 |
Most of Centrais Eltricas' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Centrais Eltricas Brasileiras is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Centrais Eltricas Brasileiras has a Beta of 0.4552. This indicator is about the same for the Electric Utilities average (which is currently at 0.45) sector and 33.88% higher than that of the Utilities industry. The beta for all Brazil preferred stocks is notably lower than that of the firm.
Centrais Eltricas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Centrais Eltricas's current stock value. Our valuation model uses many indicators to compare Centrais Eltricas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Centrais Eltricas competition to find correlations between indicators driving Centrais Eltricas's intrinsic value. More Info.Centrais Eltricas Brasileiras is rated # 5 in price to earning category among its peers. It also is rated # 5 in price to book category among its peers fabricating about 0.24 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Centrais Eltricas Brasileiras is roughly 4.13 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Centrais Eltricas' earnings, one of the primary drivers of an investment's value.About Centrais Eltricas Financial Statements
Centrais Eltricas shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Centrais Eltricas investors may analyze each financial statement separately, they are all interrelated. The changes in Centrais Eltricas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Centrais Eltricas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Centrais Eltricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company was founded in 1962 and is based in Rio de Janeiro, Brazil. ELETROBRAS PNB operates under Utilities - Regulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14211 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Centrais Preferred 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.