Elektro Redes (Brazil) Today
| EKTR4 Preferred Stock | BRL 40.29 0.29 0.72% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Elektro Redes is selling for under 40.29 as of the 19th of April 2024; that is 0.72% increase since the beginning of the trading day. The preferred stock's lowest day price was 40.29. Elektro Redes has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Elektro Redes SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Elektro Redes S.A. engages in the distribution of electricity in Brazil. The company was founded in 1998 and is headquartered in Campinas, Brazil. ELEKTRO PN operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. The company has 101.88 M outstanding shares. More on Elektro Redes SA
Moving together with Elektro Preferred Stock
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Moving against Elektro Preferred Stock
| 0.48 | PETR3 | Petrleo Brasileiro | PairCorr |
Follow Valuation Odds of Bankruptcy
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Elektro Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Elektro Redes' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elektro Redes or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Marcio Fernandes |
| Business Concentration | Utilities, Electric Utilities, Utilities - Diversified, Utilities (View all Sectors) |
Elektro Redes SA (EKTR4) is traded on Sao Paulo Exchange in Brazil and employs 17 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elektro Redes's market, we take the total number of its shares issued and multiply it by Elektro Redes's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Elektro Redes SA operates under Electric Utilities sector and is part of Utilities industry. The entity has 101.88 M outstanding shares.
Elektro Redes SA has accumulated about 602 M in cash with (8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.43.
Check Elektro Redes Probability Of Bankruptcy
Ownership AllocationElektro Redes holds a total of 101.88 Million outstanding shares. Elektro Redes SA shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 99.41 percent of Elektro Redes SA outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Elektro Ownership Details
Elektro Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Elektro Redes jumping above the current price in 90 days from now is about 61.09%. The Elektro Redes SA probability density function shows the probability of Elektro Redes preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the preferred stock has a beta coefficient of 1.0527 suggesting Elektro Redes SA market returns are related to returns on the market. As the market goes up or down, Elektro Redes is expected to follow. Additionally, elektro Redes SA has an alpha of 0.019, implying that it can generate a 0.019 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Elektro Redes to move above the current price in 90 days from now is about 61.09 (This Elektro Redes SA probability density function shows the probability of Elektro Preferred Stock to fall within a particular range of prices over 90 days) .
Elektro Redes SA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Elektro Redes market risk premium is the additional return an investor will receive from holding Elektro Redes long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Elektro Redes. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Elektro Redes' alpha and beta are two of the key measurements used to evaluate Elektro Redes' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.53 | |||
| Semi Deviation | 2.55 | |||
| Standard Deviation | 2.83 | |||
| Variance | 8.02 |
Elektro Stock Against Markets
Picking the right benchmark for Elektro Redes preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Elektro Redes preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Elektro Redes is critical whether you are bullish or bearish towards Elektro Redes SA at a given time. Please also check how Elektro Redes' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Elektro Redes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Elektro Redes Corporate Directors
Elektro Redes corporate directors refer to members of an Elektro Redes board of directors. The board of directors generally takes responsibility for the Elektro Redes' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Elektro Redes' board members must vote for the resolution. The Elektro Redes board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Fernando Villegas | Director | Profile | |
| Juan Ucelay | Director | Profile | |
| Mario Larrain | Director | Profile | |
| Cristiane Fernandes | Executive Director of Regulatory and Institutional Matters and Member of the Executive Officers Board | Profile |
How to buy Elektro Preferred Stock?
Before investing in Elektro Redes, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Elektro Redes. To buy Elektro Redes preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Elektro Redes. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Elektro Redes preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Elektro Redes SA preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Elektro Redes SA preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Elektro Redes SA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Elektro Redes SA?
The danger of trading Elektro Redes SA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Elektro Redes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Elektro Redes. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Elektro Redes SA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elektro Redes 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 Elektro Redes SA information on this page should be used as a complementary analysis to other Elektro Redes' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Elektro Preferred Stock analysis
When running Elektro Redes' price analysis, check to measure Elektro Redes' 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 Elektro Redes is operating at the current time. Most of Elektro Redes' value examination focuses on studying past and present price action to predict the probability of Elektro Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elektro Redes' price. Additionally, you may evaluate how the addition of Elektro Redes to your portfolios can decrease your overall portfolio volatility.
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