CPFL Energia (Brazil) Price on December 5, 2023
| CPFE3 Stock | BRL 34.21 0.11 0.32% |
If you're considering investing in CPFL Stock, it is important to understand the factors that can impact its price. As of today, the current price of CPFL Energia stands at 34.21, as last reported on the 19th of May, with the highest price reaching 34.35 and the lowest price hitting 33.66 during the day. We consider CPFL Energia very steady. CPFL Energia SA secures Sharpe Ratio (or Efficiency) of 0.039, which signifies that the company had a 0.039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CPFL Energia SA, which you can use to evaluate the volatility of the firm. Please confirm CPFL Energia's Downside Deviation of 1.72, risk adjusted performance of 0.0332, and Mean Deviation of 1.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.0736%.
CPFL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CPFL |
Sharpe Ratio = 0.039
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| Cash | Small Risk | CPFE3 | High Risk | Huge Risk |
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average CPFL Energia is performing at about 3% 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 CPFL Energia by adding it to a well-diversified portfolio.
CPFL Energia Valuation on December 5, 2023
It is possible to determine the worth of CPFL Energia on a given historical date. On December 5, 2023 CPFL was worth 37.4 at the beginning of the trading date compared to the closed value of 34.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CPFL Energia stock. Still, in general, we apply an absolute valuation method to find CPFL Energia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CPFL Energia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CPFL Energia's related companies.
| Open | High | Low | Close | Volume | |
| 37.20 | 37.63 | 34.37 | 34.37 | 670,700 | |
12/05/2023 | 37.40 | 37.63 | 34.61 | 34.61 | 1,008,100 |
| 37.80 | 37.82 | 34.46 | 34.46 | 1,679,200 |
| Backtest CPFL Energia | | | CPFL Energia History | | | CPFL Energia Valuation | Previous | Next |
CPFL Energia Trading Date Momentum on December 5, 2023
| On December 06 2023 CPFL Energia SA was traded for 34.46 at the closing time. The highest price during the trading period was 37.82 and the lowest recorded bid was listed for 34.46 . The volume for the day was 1.7 M. This history from December 6, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.43% . The overall trading delta to the current price is 9.25% . |
CPFL Energia SA Fundamentals Correlations and Trends
By evaluating CPFL Energia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CPFL Energia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CPFL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CPFL Energia Stock history
CPFL Energia 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 CPFL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CPFL Energia SA 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 CPFL Energia stock prices may prove useful in developing a viable investing in CPFL Energia
CPFL Energia S.A., through its subsidiaries, generates, transmits, distributes, and commercializes electricity to residential, industrial, and commercial customers in Brazil. CPFL Energia S.A. is a subsidiary of State Grid Brazil Power Participaes S.A. CPFL ENERGIAON is traded on Sao Paolo Stock Exchange in Brazil.
CPFL Energia Stock Technical Analysis
CPFL Energia 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
CPFL Energia Period Price Range
Low | December 5, 2023
| High |
37.40 | 34.61 |
CPFL Energia May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how CPFL Energia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CPFL Energia shares will generate the highest return on investment. By undertsting and applying CPFL Energia stock market strength indicators, traders can identify CPFL Energia SA entry and exit signals to maximize returns
| Accumulation Distribution | 80905.18 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 36.12 | |||
| Day Typical Price | 35.62 | |||
| Price Action Indicator | (2.91) | |||
| Period Momentum Indicator | (0.40) |
CPFL Energia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CPFL Energia's price direction in advance. Along with the technical and fundamental analysis of CPFL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CPFL 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 | 0.0332 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.123 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CPFL Energia SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the CPFL Energia SA information on this page should be used as a complementary analysis to other CPFL Energia's 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary 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.
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