Companhia Market Capitalization from 2010 to 2024

SBS Stock  USD 13.56  0.46  3.28%   
Companhia Market Cap yearly trend continues to be comparatively stable with very little volatility. Market Cap is likely to outpace its year average in 2024.
Check Companhia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Companhia's main balance sheet or income statement drivers, such as Interest Expense of 1.5 B, Total Revenue of 26.9 B or Gross Profit of 4.8 B, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0 or PTB Ratio of 1.78. Companhia financial statements analysis is a perfect complement when working with Companhia Valuation or Volatility modules.
  
Check out the analysis of Companhia Correlation against competitors.

Latest Companhia's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Companhia de Saneamento over the last few years. It is Companhia's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Companhia's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.65 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Companhia Market Capitalization Regression Statistics

Arithmetic Mean25,540,471,326
Geometric Mean20,947,212,302
Coefficient Of Variation57.71
Mean Deviation11,814,905,330
Median21,404,545,577
Standard Deviation14,738,268,960
Sample Variance217216571.9T
Range50B
R-Value0.90
Mean Square Error43354617T
R-Squared0.81
Slope2,974,547,977
Total Sum of Squares3041032006.9T

Companhia Market Capitalization History

202453 B
202350.5 B
202238.5 B
202127.9 B
202030.5 B
201941.3 B
201821.4 B

About Companhia Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Companhia income statement, its balance sheet, and the statement of cash flows. Companhia investors use historical funamental indicators, such as Companhia's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Companhia investors may use each financial statement separately, they are all related. The changes in Companhia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Companhia'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 Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Companhia. Please read more on our technical analysis and fundamental analysis pages.
Companhia de Saneamento Bsico do Estado de So Paulo SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers. The company was founded in 1954 and is headquartered in So Paulo, Brazil. Cia DE operates under UtilitiesRegulated Water classification in the United States and is traded on New York Stock Exchange. It employs 12381 people.

Pair Trading with Companhia

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 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 will appreciate offsetting losses from the drop in the long position's value.

Moving against Companhia Stock

  0.64VIVHY Vivendi SA PKPairCorr
  0.6CDZI Cadiz IncPairCorr
  0.52AY Atlantica SustainablePairCorr
  0.5D Dominion EnergyPairCorr
  0.45CDZIP Cadiz Depositary SharesPairCorr
The ability to find closely correlated positions to Companhia 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 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 - 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 de Saneamento to buy it.
The correlation of Companhia 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia de Saneamento 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 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.
Pair CorrelationCorrelation Matching

Additional Tools for Companhia Stock Analysis

When running Companhia's price analysis, check to measure Companhia'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 is operating at the current time. Most of Companhia's value examination focuses on studying past and present price action to predict the probability of Companhia'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's price. Additionally, you may evaluate how the addition of Companhia to your portfolios can decrease your overall portfolio volatility.