Centrais Eltricas (Brazil) Probability of Future Stock Price Finishing Over 14.86
| ELET3 Stock | BRL 39.02 0.53 1.38% |
Centrais |
Centrais Eltricas Target Price Odds to finish over 14.86
The tendency of Centrais Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above R$ 14.86 in 90 days |
| 39.02 | 90 days | 14.86 | close to 99 |
Based on a normal probability distribution, the odds of Centrais Eltricas to stay above R$ 14.86 in 90 days from now is close to 99 (This Centrais Eltricas Brasileiras probability density function shows the probability of Centrais Stock to fall within a particular range of prices over 90 days) . Probability of Centrais Eltricas price to stay between R$ 14.86 and its current price of R$39.02 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Centrais Eltricas Brasileiras has a beta of -0.14 suggesting as returns on the benchmark increase, returns on holding Centrais Eltricas are expected to decrease at a much lower rate. During a bear market, however, Centrais Eltricas Brasileiras is likely to outperform the market. Additionally Centrais Eltricas Brasileiras has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Centrais Eltricas Price Density |
| Price |
Predictive Modules for Centrais Eltricas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centrais Eltricas. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Centrais Eltricas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centrais Eltricas is not an exception. The market had few large corrections towards the Centrais Eltricas' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Centrais Eltricas Brasileiras, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centrais Eltricas within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | -0.14 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | -0.09 |
Centrais Eltricas Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Centrais Eltricas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centrais Eltricas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centrais Eltricas generated a negative expected return over the last 90 days | |
| Centrais Eltricas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 37.0% of the company shares are held by company insiders |
Centrais Eltricas Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Centrais Stock often depends not only on the future outlook of the current and potential Centrais Eltricas' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Centrais Eltricas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 15.8 B |
Centrais Eltricas Technical Analysis
Centrais Eltricas' future price can be derived by breaking down and analyzing its technical indicators over time. Centrais Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centrais Eltricas Brasileiras. In general, you should focus on analyzing Centrais Stock price patterns and their correlations with different microeconomic environments and drivers.
Centrais Eltricas Predictive Forecast Models
Centrais Eltricas' time-series forecasting models is one of many Centrais Eltricas' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Centrais Eltricas' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Centrais Eltricas
Checking the ongoing alerts about Centrais Eltricas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centrais Eltricas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centrais Eltricas generated a negative expected return over the last 90 days | |
| Centrais Eltricas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 37.0% of the company shares are held by company insiders |
Check out Centrais Eltricas Backtesting, Centrais Eltricas Valuation, Centrais Eltricas Correlation, Centrais Eltricas Hype Analysis, Centrais Eltricas Volatility, Centrais Eltricas History as well as Centrais Eltricas Performance. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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