Centrais Competitors

ELET3 Stock  BRL 38.49  0.20  0.52%   
Centrais Eltricas competes with Equatorial Energia, CPFL Energia, Eneva SA, Companhia, and Centrais Eltricas; as well as few others. The company operates under Utilities sector and is part of Utilities - Regulated Electric industry. Analyzing Centrais Eltricas competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Centrais Eltricas to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Centrais Eltricas Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Centrais Eltricas competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centrais Eltricas' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
36.9238.4940.06
Details
Intrinsic
Valuation
LowRealHigh
31.9733.5442.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Centrais Eltricas. Your research has to be compared to or analyzed against Centrais Eltricas' peers to derive any actionable benefits. When done correctly, Centrais Eltricas' 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 Centrais Eltricas.

Centrais Eltricas Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Centrais Eltricas and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Centrais and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Centrais Eltricas does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CPFE3EQTL3
ELET6EQTL3
ENEV3EQTL3
ENEV3CPFE3
SBSP3ENEV3
  
High negative correlations   
SBSP3EQTL3
ELET6SBSP3
SBSP3CPFE3
ELET6ENEV3
ELET6CPFE3

Risk-Adjusted Indicators

There is a big difference between Centrais Stock performing well and Centrais Eltricas Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Centrais Eltricas' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Centrais Eltricas Competitive Analysis

The better you understand Centrais Eltricas competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Centrais Eltricas' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Centrais Eltricas' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ELET3 EQTL3 CPFE3 ENEV3 SBSP3 ELET6
 0.52 
 38.49 
Centrais
 0.61 
 31.14 
Equatorial
 0.60 
 35.10 
CPFL
 0.82 
 12.05 
Eneva
 1.76 
 81.44 
Companhia
 0.77 
 42.69 
Centrais
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Centrais Eltricas Competition Performance Charts

Five steps to successful analysis of Centrais Eltricas Competition

Centrais Eltricas' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Centrais Eltricas in relation to its competition. Centrais Eltricas' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Centrais Eltricas in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Centrais Eltricas' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Centrais Eltricas, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Centrais Eltricas position

In addition to having Centrais Eltricas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Precious Metals Funds Theme
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 35 constituents at this time.
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Check out Centrais Eltricas Correlation with its peers.
Note that the Centrais Eltricas information on this page should be used as a complementary analysis to other Centrais Eltricas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Centrais Stock analysis

When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' 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 Centrais Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Centrais Eltricas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Centrais Eltricas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centrais Eltricas' 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.