CIA ENGER (Germany) Price on April 4, 2023
| CIDS Stock | EUR 2.14 0.00 0.00% |
If you're considering investing in CIA Stock, it is important to understand the factors that can impact its price. As of today, the current price of CIA ENGER stands at 2.14, as last reported on the 23rd of December, with the highest price reaching 2.14 and the lowest price hitting 2.14 during the day. At this point, CIA ENGER is relatively risky. CIA ENGER ADR retains Efficiency (Sharpe Ratio) of 0.038, which signifies that the company had a 0.038% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for CIA ENGER, which you can use to evaluate the volatility of the firm. Please confirm CIA ENGER's coefficient of variation of 2006.92, and Market Risk Adjusted Performance of 0.656 to double-check if the risk estimate we provide is consistent with the expected return of 0.067%.
CIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CIA |
Sharpe Ratio = 0.038
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| Cash | Small Risk | CIDS | High Risk | Huge Risk |
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average CIA ENGER is performing at about 2% of its full potential. 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 CIA ENGER by adding it to a well-diversified portfolio.
CIA ENGER Valuation on April 4, 2023
It is possible to determine the worth of CIA ENGER on a given historical date. On April 4, 2023 CIA was worth 1.46 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CIA ENGER stock. Still, in general, we apply an absolute valuation method to find CIA ENGER'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 CIA ENGER where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CIA ENGER's related companies.
| Open | High | Low | Close | Volume | |
| 1.49 | 1.49 | 1.49 | 1.49 | 1.00 | |
04/04/2023 | 1.46 | 1.46 | 1.46 | 1.46 | 1.00 |
| 1.51 | 1.51 | 1.51 | 1.51 | 1.00 |
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CIA ENGER Trading Date Momentum on April 4, 2023
| On April 05 2023 CIA ENGER ADR was traded for 1.51 at the closing time. The maximum traded price for the trading interval was 1.51 and the lowest daily price was 1.51 . There was no trading activity during the period 1.0. Lack of trading volume on 5th of April 2023 played a part in the next trading day price rise. The overall trading delta to the next closing price was 3.42% . The overall trading delta to the closing price today is 12.33% . |
CIA ENGER ADR Fundamentals Correlations and Trends
By evaluating CIA ENGER'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 CIA ENGER's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CIA ENGER Stock history
CIA ENGER 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 CIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CIA ENGER ADR 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 CIA ENGER stock prices may prove useful in developing a viable investing in CIA ENGER
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.
CIA ENGER Stock Technical Analysis
CIA ENGER 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
CIA ENGER Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
CIA ENGER ADR 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.
CIA ENGER December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how CIA ENGER stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CIA ENGER shares will generate the highest return on investment. By undertsting and applying CIA ENGER stock market strength indicators, traders can identify CIA ENGER ADR entry and exit signals to maximize returns
CIA ENGER Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CIA ENGER's price direction in advance. Along with the technical and fundamental analysis of CIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CIA 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 | 0.0455 | |||
| Jensen Alpha | 0.0861 | |||
| Total Risk Alpha | 0.0334 | |||
| Sortino Ratio | 0.0309 | |||
| Treynor Ratio | 0.646 |
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Complementary Tools for CIA Stock analysis
When running CIA ENGER's price analysis, check to measure CIA ENGER'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 CIA ENGER is operating at the current time. Most of CIA ENGER's value examination focuses on studying past and present price action to predict the probability of CIA ENGER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CIA ENGER's price. Additionally, you may evaluate how the addition of CIA ENGER to your portfolios can decrease your overall portfolio volatility.
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