ENGIE Brasil is selling for under 5.35 as of the 6th of January 2025; that is 2.88% up since the beginning of the trading day. The stock's last reported lowest price was 5.35. ENGIE Brasil has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 7th of December 2024 and ending today, the 6th of January 2025. Click here to learn more.
Although ENGIE Brasil's alpha and beta are two of the key measurements used to evaluate ENGIE Brasil's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ENGIE Brasil stock to make a market-neutral strategy. Peer analysis of ENGIE Brasil could also be used in its relative valuation, which is a method of valuing ENGIE Brasil by comparing valuation metrics with similar companies.
When running ENGIE Brasil's price analysis, check to measure ENGIE Brasil'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 ENGIE Brasil is operating at the current time. Most of ENGIE Brasil's value examination focuses on studying past and present price action to predict the probability of ENGIE Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENGIE Brasil's price. Additionally, you may evaluate how the addition of ENGIE Brasil to your portfolios can decrease your overall portfolio volatility.