Equatorial Maranho (Brazil) Price on October 25, 2024
| EQMA3B Stock | BRL 23.50 0.05 0.21% |
If you're considering investing in Equatorial Stock, it is important to understand the factors that can impact its price. As of today, the current price of Equatorial Maranho stands at 23.50, as last reported on the 5th of January, with the highest price reaching 24.00 and the lowest price hitting 23.50 during the day. At this point, Equatorial Maranho is very steady. Equatorial Maranho secures Sharpe Ratio (or Efficiency) of 0.0086, which denotes the company had a 0.0086% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Equatorial Maranho Distribuidora, which you can use to evaluate the volatility of the firm. Please confirm Equatorial Maranho's Downside Deviation of 1.99, mean deviation of 1.1, and Coefficient Of Variation of 3527.74 to check if the risk estimate we provide is consistent with the expected return of 0.0144%.
Equatorial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Equatorial |
Sharpe Ratio = 0.0086
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| Negative Returns | EQMA3B |
Estimated Market Risk
| 1.67 actual daily | 14 86% 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 Equatorial Maranho 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 Equatorial Maranho by adding Equatorial Maranho to a well-diversified portfolio.
Equatorial Maranho Valuation on October 25, 2024
It is possible to determine the worth of Equatorial Maranho on a given historical date. On October 25, 2024 Equatorial was worth 22.98 at the beginning of the trading date compared to the closed value of 22.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equatorial Maranho stock. Still, in general, we apply an absolute valuation method to find Equatorial Maranho'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 Equatorial Maranho where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equatorial Maranho's related companies.
| Open | High | Low | Close | Volume | |
| 22.60 | 22.98 | 22.54 | 22.98 | 500.00 | |
10/25/2024 | 22.98 | 22.98 | 22.49 | 22.98 | 1,200 |
| 22.51 | 22.51 | 22.49 | 22.50 | 1,000.00 |
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Equatorial Maranho Trading Date Momentum on October 25, 2024
| On October 28 2024 Equatorial Maranho Distribuidora was traded for 22.50 at the closing time. The highest price during the trading period was 22.51 and the lowest recorded bid was listed for 22.49 . The volume for the day was 1000. This history from October 28, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.09% . The overall trading delta to the current price is 1.61% . |
Equatorial Maranho Fundamentals Correlations and Trends
By evaluating Equatorial Maranho'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 Equatorial Maranho's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equatorial financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equatorial Maranho Stock history
Equatorial Maranho 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 Equatorial is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equatorial Maranho 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 Equatorial Maranho stock prices may prove useful in developing a viable investing in Equatorial Maranho
Equatorial Maranho Distribuidora de Energia S.A. provides electricity distribution services in the state of Maranho. Equatorial Maranho Distribuidora de Energia S.A. was founded in 1958 and is based in So Lus, Brazil. EQUATORIAL DISTRIB is traded on Sao Paolo Stock Exchange in Brazil.
Equatorial Maranho Stock Technical Analysis
Equatorial Maranho 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
Equatorial Maranho Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Equatorial Maranho Distribuidora 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.
Equatorial Maranho January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Equatorial Maranho stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equatorial Maranho shares will generate the highest return on investment. By undertsting and applying Equatorial Maranho stock market strength indicators, traders can identify Equatorial Maranho Distribuidora entry and exit signals to maximize returns
Equatorial Maranho Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equatorial Maranho's price direction in advance. Along with the technical and fundamental analysis of Equatorial Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equatorial 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 | 0.0281 | |||
| Jensen Alpha | 0.0321 | |||
| Total Risk Alpha | 0.0116 | |||
| Sortino Ratio | 0.0122 | |||
| Treynor Ratio | 0.102 |
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Complementary Tools for Equatorial Stock analysis
When running Equatorial Maranho's price analysis, check to measure Equatorial Maranho'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 Equatorial Maranho is operating at the current time. Most of Equatorial Maranho's value examination focuses on studying past and present price action to predict the probability of Equatorial Maranho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equatorial Maranho's price. Additionally, you may evaluate how the addition of Equatorial Maranho to your portfolios can decrease your overall portfolio volatility.
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