Companhiade Eletricidade (Brazil) Technical Analysis
| CEEB5 Preferred Stock | BRL 36.86 1.56 4.42% |
As of the 25th of April, Companhiade Eletricidade shows the Mean Deviation of 0.4224, risk adjusted performance of (0.02), and Standard Deviation of 1.27. Companhiade Eletricidade technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze twelve technical drivers for Companhiade Eletricidade do, which can be compared to its peers. Please confirm Companhiade Eletricidade variance, treynor ratio, potential upside, as well as the relationship between the total risk alpha and maximum drawdown to decide if Companhiade Eletricidade is priced correctly, providing market reflects its regular price of 36.86 per share.
Companhiade Eletricidade Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Companhiade, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CompanhiadeCompanhiade |
Companhiade Eletricidade technical preferred 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, preferred stock market cycles, or different charting patterns.
Companhiade Eletricidade Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Companhiade Eletricidade volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Companhiade Eletricidade Trend Analysis
Use this graph to draw trend lines for Companhiade Eletricidade do. You can use it to identify possible trend reversals for Companhiade Eletricidade as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Companhiade Eletricidade price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Companhiade Eletricidade Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Companhiade Eletricidade do applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Companhiade Eletricidade do market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.56, which is the sum of squared deviations for the predicted Companhiade Eletricidade price change compared to its average price change.About Companhiade Eletricidade Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Companhiade Eletricidade do on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Companhiade Eletricidade do based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Companhiade Eletricidade price pattern first instead of the macroeconomic environment surrounding Companhiade Eletricidade. By analyzing Companhiade Eletricidade's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Companhiade Eletricidade's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Companhiade Eletricidade specific price patterns or momentum indicators. Please read more on our technical analysis page.
Companhiade Eletricidade April 25, 2024 Technical Indicators
Most technical analysis of Companhiade help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Companhiade from various momentum indicators to cycle indicators. When you analyze Companhiade charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.5355 | |||
| Mean Deviation | 0.4224 | |||
| Coefficient Of Variation | (2,620) | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.5255 | |||
| Maximum Drawdown | 7.86 | |||
| Potential Upside | 0.7654 | |||
| Skewness | (1.33) | |||
| Kurtosis | 11.01 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhiade Eletricidade do. 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 Companhiade Eletricidade information on this page should be used as a complementary analysis to other Companhiade Eletricidade'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Companhiade Preferred Stock analysis
When running Companhiade Eletricidade's price analysis, check to measure Companhiade Eletricidade'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 Companhiade Eletricidade is operating at the current time. Most of Companhiade Eletricidade's value examination focuses on studying past and present price action to predict the probability of Companhiade Eletricidade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhiade Eletricidade's price. Additionally, you may evaluate how the addition of Companhiade Eletricidade to your portfolios can decrease your overall portfolio volatility.
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