Companhia Energtica (Germany) Price on June 5, 2024
CID Stock | EUR 1.85 0.00 0.00% |
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Energtica stands at 1.85, as last reported on the 29th of December, with the highest price reaching 1.85 and the lowest price hitting 1.85 during the day. Companhia Energtica secures Sharpe Ratio (or Efficiency) of -0.0098, which signifies that the company had a -0.0098% return per unit of risk over the last 3 months. Companhia Energtica de exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Energtica's Mean Deviation of 0.8177, downside deviation of 1.29, and Risk Adjusted Performance of 0.0472 to double-check the risk estimate we provide.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = -0.0098
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Estimated Market Risk
1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Companhia Energtica is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Companhia Energtica by adding Companhia Energtica to a well-diversified portfolio.
Companhia Energtica Valuation on June 5, 2024
It is possible to determine the worth of Companhia Energtica on a given historical date. On June 5, 2024 Companhia was worth 1.6 at the beginning of the trading date compared to the closed value of 1.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Energtica stock. Still, in general, we apply an absolute valuation method to find Companhia Energtica's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Companhia Energtica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Energtica's related companies.
Open | High | Low | Close | Volume | |
1.61 | 1.61 | 1.61 | 1.61 | 1.00 | |
06/05/2024 | 1.60 | 1.60 | 1.60 | 1.60 | 1.00 |
1.60 | 1.60 | 1.60 | 1.60 | 1.00 |
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Companhia Energtica Trading Date Momentum on June 5, 2024
On June 06 2024 Companhia Energtica de was traded for 1.60 at the closing time. The highest daily price throughout the period was 1.60 and the lowest price was 1.60 . There was no trading activity during the period 1.0. Lack of trading volume on 06/06/2024 did not affect price variability. The overall trading delta to current closing price is 2.50% . |
Companhia Energtica Fundamentals Correlations and Trends
By evaluating Companhia Energtica's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Companhia Energtica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Companhia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Companhia Energtica Stock history
Companhia Energtica investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Energtica will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Companhia Energtica stock prices may prove useful in developing a viable investing in Companhia Energtica
Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil. CIA EN operates under UtilitiesDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5025 people.
Companhia Energtica Stock Technical Analysis
Companhia Energtica 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.
Price Boundaries
Companhia Energtica Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Companhia Energtica de cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Companhia Energtica December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Energtica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Energtica shares will generate the highest return on investment. By undertsting and applying Companhia Energtica stock market strength indicators, traders can identify Companhia Energtica de entry and exit signals to maximize returns
Companhia Energtica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Energtica's price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0472 | |||
Jensen Alpha | 0.0592 | |||
Total Risk Alpha | 0.0223 | |||
Sortino Ratio | 0.0258 | |||
Treynor Ratio | (0.32) |
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Complementary Tools for Companhia Stock analysis
When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Companhia Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.
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