Companhia Earnings Yield from 2010 to 2024
| CIG Stock | USD 2.64 0.05 1.93% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter 0.17958979 | Current Value 0.19 | Quarterly Volatility 0.06612784 |
Check Companhia Energetica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Companhia main balance sheet or income statement drivers, such as Depreciation And Amortization of 967.8 M, Interest Expense of 1.2 B or Selling General Administrative of 849 M, as well as many exotic indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0614 or PTB Ratio of 1.6. Companhia financial statements analysis is a perfect complement when working with Companhia Energetica Valuation or Volatility modules.
Companhia | Earnings Yield |
Latest Companhia Energetica's Earnings Yield Growth Pattern
Below is the plot of the Earnings Yield of Companhia Energetica de over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Companhia Energetica's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Companhia Energetica's overall financial position and show how it may be relating to other accounts over time.
| Earnings Yield | 10 Years Trend |
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Earnings Yield |
| Timeline |
Companhia Earnings Yield Regression Statistics
| Arithmetic Mean | 0.15 | |
| Geometric Mean | 0.09 | |
| Coefficient Of Variation | 44.36 | |
| Mean Deviation | 0.05 | |
| Median | 0.18 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2329 | |
| R-Value | 0.46 | |
| Mean Square Error | 0 | |
| R-Squared | 0.21 | |
| Significance | 0.09 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.06 |
Companhia Earnings Yield History
About Companhia Energetica Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Companhia Energetica income statement, its balance sheet, and the statement of cash flows. Companhia Energetica investors use historical funamental indicators, such as Companhia Energetica's Earnings Yield, to determine how well the company is positioned to perform in the future. Although Companhia Energetica investors may use each financial statement separately, they are all related. The changes in Companhia Energetica's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Companhia Energetica's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Companhia Energetica Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Companhia Energetica. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Earnings Yield | 0.18 | 0.19 |
Pair Trading with Companhia Energetica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Companhia Energetica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Companhia Energetica will appreciate offsetting losses from the drop in the long position's value.Moving together with Companhia Stock
| 0.65 | AES | AES | PairCorr |
| 0.66 | ALE | Allete Inc Earnings Call This Week | PairCorr |
| 0.71 | AVA | Avista | PairCorr |
Moving against Companhia Stock
| 0.69 | MNTK | Montauk Renewables Earnings Call This Week | PairCorr |
| 0.68 | HE | Hawaiian Electric Earnings Call This Week | PairCorr |
| 0.65 | ELPC | Companhia Paranaense Earnings Call This Week | PairCorr |
| 0.58 | ELP | Companhia Paranaense Earnings Call This Week | PairCorr |
| 0.57 | RNWWW | ReNew Energy Global | PairCorr |
The ability to find closely correlated positions to Companhia Energetica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Companhia Energetica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Companhia Energetica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Companhia Energetica de to buy it.
The correlation of Companhia Energetica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Companhia Energetica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Energetica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Companhia Energetica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Companhia Energetica Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Companhia Stock analysis
When running Companhia Energetica's price analysis, check to measure Companhia Energetica'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 Energetica is operating at the current time. Most of Companhia Energetica's value examination focuses on studying past and present price action to predict the probability of Companhia Energetica'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 Energetica's price. Additionally, you may evaluate how the addition of Companhia Energetica to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Energetica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Energetica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Energetica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.341 | Dividend Share 1.092 | Earnings Share 0.5 | Revenue Per Share 12.881 | Quarterly Revenue Growth 0.021 |
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.