Companhia Energtica (Mexico) Price on June 25, 2015
CIGN Stock | MXN 42.49 0.04 0.09% |
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Energtica stands at 42.49, as last reported on the 28th of March, with the highest price reaching 42.49 and the lowest price hitting 42.49 during the day. We consider Companhia Energtica very steady. Companhia Energtica secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty technical indicators for Companhia Energtica De, which you can use to evaluate the volatility of the firm. Please confirm Companhia Energtica's Standard Deviation of 1.39, mean deviation of 0.4114, and Risk Adjusted Performance of 0.0814 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = 0.1357
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Companhia Energtica is performing at about 10% 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 Companhia Energtica by adding it to a well-diversified portfolio.
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.
CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
About Companhia Energtica Stock history
Companhia Energtica investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Energtica will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Companhia Energtica stock prices may prove useful in developing a viable investing in Companhia Energtica
Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil. Companhia Energtica operates under Utilities - Diversified classification in Mexico and is traded on Mexico Stock Exchange. It employs 6031 people.
Companhia Energtica Stock Technical Analysis
Companhia Energtica technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Companhia Energtica Period Price Range
Companhia Energtica March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Energtica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Energtica shares will generate the highest return on investment. By undertsting and applying Companhia Energtica stock market strength indicators, traders can identify Companhia Energtica De entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 42.49 | |||
Day Typical Price | 42.49 | |||
Price Action Indicator | 0.02 | |||
Period Momentum Indicator | 0.04 | |||
Relative Strength Index | 90.14 |
Companhia Energtica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Energtica's price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0814 | |||
Jensen Alpha | 0.209 | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.75) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energtica De. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Companhia Stock analysis
When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Companhia Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.
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