CPFL Energia (Brazil) Market Value
| CPFE3 Stock | BRL 37.44 0.31 0.82% |
| Symbol | CPFL |
CPFL Energia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CPFL Energia's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CPFL Energia.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in CPFL Energia on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding CPFL Energia SA or generate 0.0% return on investment in CPFL Energia over 90 days. CPFL Energia is related to or competes with Bemobi Mobile, Uber Technologies, Agilent Technologies, Tyson Foods, and Seagate Technology. CPFL Energia S.A., through its subsidiaries, generates, transmits, distributes, and commercializes electricity to reside... More
CPFL Energia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CPFL Energia's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CPFL Energia SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.2416 | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 2.14 |
CPFL Energia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CPFL Energia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CPFL Energia's standard deviation. In reality, there are many statistical measures that can use CPFL Energia historical prices to predict the future CPFL Energia's volatility.| Risk Adjusted Performance | 0.1515 | |||
| Jensen Alpha | 0.2298 | |||
| Total Risk Alpha | 0.3971 | |||
| Sortino Ratio | 0.259 | |||
| Treynor Ratio | 4.46 |
CPFL Energia SA Backtested Returns
CPFL Energia appears to be very steady, given 3 months investment horizon. CPFL Energia SA secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for CPFL Energia SA, which you can use to evaluate the volatility of the firm. Please makes use of CPFL Energia's Mean Deviation of 1.04, downside deviation of 1.29, and Risk Adjusted Performance of 0.1515 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CPFL Energia holds a performance score of 16. The firm shows a Beta (market volatility) of 0.0503, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CPFL Energia's returns are expected to increase less than the market. However, during the bear market, the loss of holding CPFL Energia is expected to be smaller as well. Please check CPFL Energia's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether CPFL Energia's price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
CPFL Energia SA has very good predictability. Overlapping area represents the amount of predictability between CPFL Energia time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CPFL Energia SA price movement. The serial correlation of 0.85 indicates that around 85.0% of current CPFL Energia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
CPFL Energia SA lagged returns against current returns
Autocorrelation, which is CPFL Energia stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CPFL Energia's stock expected returns. We can calculate the autocorrelation of CPFL Energia returns to help us make a trade decision. For example, suppose you find that CPFL Energia has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CPFL Energia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CPFL Energia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CPFL Energia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CPFL Energia stock over time.
Current vs Lagged Prices |
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CPFL Energia Lagged Returns
When evaluating CPFL Energia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CPFL Energia stock have on its future price. CPFL Energia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CPFL Energia autocorrelation shows the relationship between CPFL Energia stock current value and its past values and can show if there is a momentum factor associated with investing in CPFL Energia SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for CPFL Stock Analysis
When running CPFL Energia's price analysis, check to measure CPFL 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 CPFL Energia is operating at the current time. Most of CPFL Energia's value examination focuses on studying past and present price action to predict the probability of CPFL 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 CPFL Energia's price. Additionally, you may evaluate how the addition of CPFL Energia to your portfolios can decrease your overall portfolio volatility.