Equatorial Energia (Brazil) Price on February 8, 2024
EQTL3 Stock | BRL 30.61 0.41 1.32% |
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 Energia stands at 30.61, as last reported on the 1st of December, with the highest price reaching 31.01 and the lowest price hitting 29.78 during the day. Equatorial Energia secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Equatorial Energia SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Equatorial Energia's Standard Deviation of 1.4, variance of 1.95, and Mean Deviation of 0.965 to check the risk estimate we provide.
Equatorial Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Equatorial |
Sharpe Ratio = -0.1129
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Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Equatorial Energia 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 Energia by adding Equatorial Energia to a well-diversified portfolio.
Equatorial Energia Valuation on February 8, 2024
It is possible to determine the worth of Equatorial Energia on a given historical date. On February 8, 2024 Equatorial was worth 35.15 at the beginning of the trading date compared to the closed value of 33.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equatorial Energia stock. Still, in general, we apply an absolute valuation method to find Equatorial Energia'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 Energia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equatorial Energia's related companies.
Open | High | Low | Close | Volume | |
35.24 | 35.81 | 35.19 | 35.26 | 5,625,600 | |
02/08/2024 | 35.15 | 35.19 | 33.70 | 33.74 | 12,898,900 |
33.61 | 34.11 | 33.41 | 33.60 | 6,009,700 |
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Equatorial Energia Trading Date Momentum on February 8, 2024
On February 09 2024 Equatorial Energia SA was traded for 33.60 at the closing time. The highest price during the trading period was 34.11 and the lowest recorded bid was listed for 33.41 . The volume for the day was 6 M. This history from February 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.41% . The overall trading delta to the current price is 1.16% . |
Equatorial Energia Fundamentals Correlations and Trends
By evaluating Equatorial Energia'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 Energia'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 Energia Stock history
Equatorial Energia 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 Energia 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 Energia stock prices may prove useful in developing a viable investing in Equatorial Energia
Equatorial Energia S.A., through its subsidiaries, generates, transmits, and distributes electricity in Brazil. The company is was founded in 1958 and is based in Braslia, Brazil. EQUATORIAL operates under UtilitiesRegulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange.
Equatorial Energia Stock Technical Analysis
Equatorial Energia 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 Energia Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Equatorial Energia 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.
Equatorial Energia December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Equatorial Energia 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 Energia shares will generate the highest return on investment. By undertsting and applying Equatorial Energia stock market strength indicators, traders can identify Equatorial Energia SA entry and exit signals to maximize returns
Equatorial Energia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equatorial Energia'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 | (0.09) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | 1.56 |
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Additional Tools for Equatorial Stock Analysis
When running Equatorial Energia's price analysis, check to measure Equatorial Energia'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 Energia is operating at the current time. Most of Equatorial Energia's value examination focuses on studying past and present price action to predict the probability of Equatorial Energia'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 Energia's price. Additionally, you may evaluate how the addition of Equatorial Energia to your portfolios can decrease your overall portfolio volatility.