Elektro Redes (Brazil) Performance
| EKTR4 Preferred Stock | BRL 49.00 2.00 3.92% |
On a scale of 0 to 100, Elektro Redes holds a performance score of 6. The firm shows a Beta (market volatility) of -0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Elektro Redes are expected to decrease at a much lower rate. During the bear market, Elektro Redes is likely to outperform the market. Please check Elektro Redes' downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to make a quick decision on whether Elektro Redes' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Elektro Redes SA are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Elektro Redes unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 912 M | |
| Total Cashflows From Investing Activities | -751 M |
Elektro |
Elektro Redes Relative Risk vs. Return Landscape
If you would invest 4,369 in Elektro Redes SA on September 27, 2024 and sell it today you would earn a total of 731.00 from holding Elektro Redes SA or generate 16.73% return on investment over 90 days. Elektro Redes SA is generating 0.3392% of daily returns and assumes 3.9146% volatility on return distribution over the 90 days horizon. Simply put, 34% of preferred stocks are less volatile than Elektro, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Elektro Redes Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elektro Redes' investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Elektro Redes SA, and traders can use it to determine the average amount a Elektro Redes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
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 Fundamentals Growth
Elektro Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Elektro Redes, and Elektro Redes fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elektro Preferred Stock performance.
| Return On Equity | 0.36 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 11.16 B | ||||
| Shares Outstanding | 101.88 M | ||||
| Price To Earning | 9.59 X | ||||
| Price To Book | 2.17 X | ||||
| Price To Sales | 0.82 X | ||||
| Revenue | 7.83 B | ||||
| EBITDA | 1.72 B | ||||
| Cash And Equivalents | 602 M | ||||
| Cash Per Share | 2.43 X | ||||
| Total Debt | 4.17 B | ||||
| Debt To Equity | 153.10 % | ||||
| Book Value Per Share | 15.70 X | ||||
| Cash Flow From Operations | (8 M) | ||||
| Earnings Per Share | 6.90 X | ||||
| Total Asset | 10.68 B | ||||
| Retained Earnings | 309 M | ||||
| Current Asset | 2.92 B | ||||
| Current Liabilities | 2 B | ||||
About Elektro Redes Performance
Assessing Elektro Redes' fundamental ratios provides investors with valuable insights into Elektro Redes' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Elektro Redes is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Elektro Redes SA performance evaluation
Checking the ongoing alerts about Elektro Redes for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Elektro Redes SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elektro Redes SA had very high historical volatility over the last 90 days | |
| Elektro Redes SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Elektro Redes SA has accumulated about 602 M in cash with (8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43. | |
| Roughly 99.0% of the company shares are held by company insiders |
- Analyzing Elektro Redes' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Elektro Redes' stock is overvalued or undervalued compared to its peers.
- Examining Elektro Redes' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Elektro Redes' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elektro Redes' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elektro Redes' preferred stock. These opinions can provide insight into Elektro Redes' potential for growth and whether the stock is currently undervalued or overvalued.
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.