Elektro Redes (Brazil) Price on November 27, 2024
| EKTR4 Preferred Stock | BRL 51.00 2.40 4.94% |
If you're considering investing in Elektro Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Elektro Redes stands at 51.00, as last reported on the 26th of December, with the highest price reaching 51.00 and the lowest price hitting 48.60 during the day. Elektro Redes appears to be very steady, given 3 months investment horizon. Elektro Redes SA secures Sharpe Ratio (or Efficiency) of 0.0867, which denotes the company had a 0.0867% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Elektro Redes SA, which you can use to evaluate the volatility of the firm. Please utilize Elektro Redes' Coefficient Of Variation of 1221.64, mean deviation of 2.37, and Downside Deviation of 4.75 to check if our risk estimates are consistent with your expectations.
Elektro Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Elektro |
Sharpe Ratio = 0.0867
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Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Elektro Redes is performing at about 6% 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 Elektro Redes by adding it to a well-diversified portfolio.
Elektro Redes Valuation on November 27, 2024
It is possible to determine the worth of Elektro Redes on a given historical date. On November 27, 2024 Elektro was worth 47.73 at the beginning of the trading date compared to the closed value of 47.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Elektro Redes preferred stock. Still, in general, we apply an absolute valuation method to find Elektro Redes' 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 Elektro Redes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Elektro Redes' related companies.
| Open | High | Low | Close | Volume | |
| 45.09 | 45.09 | 45.09 | 45.09 | 1.00 | |
11/27/2024 | 47.73 | 47.89 | 47.73 | 47.88 | 400.00 |
| 47.72 | 47.72 | 44.89 | 44.89 | 600.00 |
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Elektro Redes Trading Date Momentum on November 27, 2024
| On November 28 2024 Elektro Redes SA was traded for 44.89 at the closing time. The highest price during the trading period was 47.72 and the lowest recorded bid was listed for 44.89 . The volume for the day was 600. This history from November 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.24% . The overall trading delta to the current price is 7.21% . |
Elektro Redes SA Fundamentals Correlations and Trends
By evaluating Elektro Redes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Elektro Redes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Elektro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Elektro Redes Preferred Stock history
Elektro Redes 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 Elektro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Elektro Redes SA 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 Elektro Redes stock prices may prove useful in developing a viable investing in Elektro Redes
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.
Elektro Redes Preferred Stock Technical Analysis
Elektro Redes technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Elektro Redes Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Elektro Redes SA 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.
Elektro Redes December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Elektro Redes 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 Elektro Redes shares will generate the highest return on investment. By undertsting and applying Elektro Redes preferred stock market strength indicators, traders can identify Elektro Redes SA entry and exit signals to maximize returns
Elektro Redes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Elektro Redes' price direction in advance. Along with the technical and fundamental analysis of Elektro Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Elektro 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 | 0.0733 | |||
| Jensen Alpha | 0.305 | |||
| Total Risk Alpha | 0.1325 | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | (0.90) |
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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.