Centrais Eltricas (Brazil) Price on March 20, 2023
If you're considering investing in Centrais Preferred Stock, it is important to understand the factors that can impact its price. Currently, Centrais Eltricas de is very steady. Centrais Eltricas secures Sharpe Ratio (or Efficiency) of 0.0118, which signifies that the company had a 0.0118% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Centrais Eltricas de, which you can use to evaluate the volatility of the firm. Please confirm Centrais Eltricas' Risk Adjusted Performance of 0.0123, mean deviation of 0.8265, and Downside Deviation of 1.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.0138%.
Centrais Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Centrais |
Sharpe Ratio = 0.0118
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| Negative Returns | CLSC4 |
Estimated Market Risk
| 1.16 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 Centrais Eltricas 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 Centrais Eltricas by adding Centrais Eltricas to a well-diversified portfolio.
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.
Price Boundaries
Centrais Eltricas Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Centrais Eltricas de cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Centrais Eltricas December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Centrais Eltricas preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centrais Eltricas shares will generate the highest return on investment. By undertsting and applying Centrais Eltricas preferred stock market strength indicators, traders can identify Centrais Eltricas de entry and exit signals to maximize returns
Centrais Eltricas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centrais Eltricas' price direction in advance. Along with the technical and fundamental analysis of Centrais Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centrais 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 | 0.0123 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.0095 |
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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.