Elektro Redes Financials
| EKTR4 Preferred Stock | BRL 51.00 3.14 6.56% |
Elektro |
Understanding current and past Elektro Redes Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Elektro Redes' financial statements are interrelated, with each one affecting the others. For example, an increase in Elektro Redes' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Elektro Redes' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elektro Redes SA. Check Elektro Redes' Beneish M Score to see the likelihood of Elektro Redes' management manipulating its earnings.
Elektro Redes Preferred Stock Summary
Elektro Redes competes with Usinas Siderrgicas, Companhia Siderrgica, Gerdau SA, and Centrais Eltricas. Elektro Redes S.A. engages in the distribution of electricity in Brazil. The company was founded in 1998 and is headquartered in Campinas, Brazil. ELEKTRO PN operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3614 people.| Instrument | Brazil Preferred Stock View All |
| Exchange | Sao Paulo Exchange |
| ISIN | BREKTRACNPR7 |
| Business Address | Rua Ary Antenor |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.elektro.com.br |
| Phone | 55 19 2122 1912 |
| Currency | BRL - Brazilian Real |
You should never invest in Elektro Redes without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Elektro Preferred Stock, because this is throwing your money away. Analyzing the key information contained in Elektro Redes' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Elektro Redes Key Financial Ratios
There are many critical financial ratios that Elektro Redes' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Elektro Redes SA reports annually and quarterly.Elektro Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elektro Redes's current stock value. Our valuation model uses many indicators to compare Elektro Redes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elektro Redes competition to find correlations between indicators driving Elektro Redes's intrinsic value. More Info.Elektro Redes SA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elektro Redes SA is roughly 3.15 . 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 Elektro Redes' earnings, one of the primary drivers of an investment's value.Elektro Redes SA Systematic Risk
Elektro Redes' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Elektro Redes volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Elektro Redes SA correlated with the market. If Beta is less than 0 Elektro Redes generally moves in the opposite direction as compared to the market. If Elektro Redes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elektro Redes SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elektro Redes is generally in the same direction as the market. If Beta > 1 Elektro Redes moves generally in the same direction as, but more than the movement of the benchmark.
Elektro Redes December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Elektro Redes help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Elektro Redes SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elektro Redes SA based on widely used predictive technical indicators. In general, we focus on analyzing Elektro Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elektro Redes's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 23.85 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 6.19 |
Additional Tools for Elektro Preferred Stock Analysis
When running Elektro Redes' price analysis, check to measure Elektro Redes' 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 Elektro Redes is operating at the current time. Most of Elektro Redes' value examination focuses on studying past and present price action to predict the probability of Elektro Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elektro Redes' price. Additionally, you may evaluate how the addition of Elektro Redes to your portfolios can decrease your overall portfolio volatility.