Electro Ao (Brazil) Market Value

EALT3 Stock  BRL 13.80  0.30  2.22%   
Electro Ao's market value is the price at which a share of Electro Ao trades on a public exchange. It measures the collective expectations of Electro Ao Altona investors about its performance. Electro Ao is selling for under 13.80 as of the 4th of March 2025; that is 2.22% up since the beginning of the trading day. The stock's lowest day price was 13.22.
With this module, you can estimate the performance of a buy and hold strategy of Electro Ao Altona and determine expected loss or profit from investing in Electro Ao over a given investment horizon. Check out Electro Ao Correlation, Electro Ao Volatility and Electro Ao Alpha and Beta module to complement your research on Electro Ao.
Symbol

Please note, there is a significant difference between Electro Ao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Ao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Ao's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Electro Ao '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 Electro Ao'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 Electro Ao.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Electro Ao on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Electro Ao Altona or generate 0.0% return on investment in Electro Ao over 720 days. Electro Ao is related to or competes with Electro Ao, Inepar SA, METISA Metalrgica, Fras Le, and Nordon Indstrias. Electro Ao Altona S.A. engages in the steel casting and machining activities primarily in Brazil More

Electro Ao 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 Electro Ao'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 Electro Ao Altona upside and downside potential and time the market with a certain degree of confidence.

Electro Ao Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Electro Ao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Electro Ao's standard deviation. In reality, there are many statistical measures that can use Electro Ao historical prices to predict the future Electro Ao's volatility.
Hype
Prediction
LowEstimatedHigh
11.8713.8015.73
Details
Intrinsic
Valuation
LowRealHigh
11.0713.0014.93
Details
Naive
Forecast
LowNextHigh
12.0914.0215.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.0313.6214.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electro Ao. Your research has to be compared to or analyzed against Electro Ao's peers to derive any actionable benefits. When done correctly, Electro Ao's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Electro Ao Altona.

Electro Ao Altona Backtested Returns

Currently, Electro Ao Altona is not too volatile. Electro Ao Altona secures Sharpe Ratio (or Efficiency) of 0.0349, which denotes the company had a 0.0349 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Electro Ao Altona, which you can use to evaluate the volatility of the firm. Please confirm Electro Ao's Downside Deviation of 2.94, mean deviation of 1.23, and Coefficient Of Variation of 4651.79 to check if the risk estimate we provide is consistent with the expected return of 0.0675%. Electro Ao has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Electro Ao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Electro Ao is expected to be smaller as well. Electro Ao Altona right now shows a risk of 1.93%. Please confirm Electro Ao Altona coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Electro Ao Altona will be following its price patterns.

Auto-correlation

    
  0.64  

Good predictability

Electro Ao Altona has good predictability. Overlapping area represents the amount of predictability between Electro Ao time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 Electro Ao Altona price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Electro Ao price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.63
Residual Average0.0
Price Variance4.18

Electro Ao Altona lagged returns against current returns

Autocorrelation, which is Electro Ao 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 Electro Ao's stock expected returns. We can calculate the autocorrelation of Electro Ao returns to help us make a trade decision. For example, suppose you find that Electro Ao 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  

Electro Ao 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 Electro Ao stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Electro Ao stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Electro Ao stock over time.
   Current vs Lagged Prices   
       Timeline  

Electro Ao Lagged Returns

When evaluating Electro Ao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Electro Ao stock have on its future price. Electro Ao 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, Electro Ao autocorrelation shows the relationship between Electro Ao stock current value and its past values and can show if there is a momentum factor associated with investing in Electro Ao Altona.
   Regressed Prices   
       Timeline  

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Additional Tools for Electro Stock Analysis

When running Electro Ao's price analysis, check to measure Electro Ao'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 Electro Ao is operating at the current time. Most of Electro Ao's value examination focuses on studying past and present price action to predict the probability of Electro Ao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Ao's price. Additionally, you may evaluate how the addition of Electro Ao to your portfolios can decrease your overall portfolio volatility.