Energy Of Minas Stock Buy Hold or Sell Recommendation
| CIG-C Stock | USD 2.30 0.09 3.77% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Energy of Minas is 'Hold'. Macroaxis provides Energy Of buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CIG-C positions. The advice algorithm takes into account all of Energy Of's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Energy Of's buy or sell advice are summarized below:
Real Value 2.52 | Hype Value 2.29 | Market Value 2.3 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Energy of Minas given historical horizon and risk tolerance towards Energy Of. When Macroaxis issues a 'buy' or 'sell' recommendation for Energy of Minas, the advice is generated through an automated system that utilizes algorithms and statistical models.
Energy |
Execute Energy Of Buy or Sell Advice
The Energy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Energy of Minas. Macroaxis does not own or have any residual interests in Energy of Minas or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Energy Of's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Strong Sell | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Energy Of Trading Alerts and Improvement Suggestions
| Energy of Minas generated a negative expected return over the last 90 days | |
| Energy of Minas has high historical volatility and very poor performance | |
| Latest headline from news.google.com: CIG Stock Earnings Energy Co of Minas Gerais Reported Results for Q1 2024 - MSN |
Energy Of Returns Distribution Density
The distribution of Energy Of's historical returns is an attempt to chart the uncertainty of Energy Of's future price movements. The chart of the probability distribution of Energy Of daily returns describes the distribution of returns around its average expected value. We use Energy of Minas price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Energy Of returns is essential to provide solid investment advice for Energy Of.
| Mean Return | -0.29 | Value At Risk | -4.14 | Potential Upside | 4.44 | Standard Deviation | 3.54 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Energy Of historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Energy Of Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (355M) | 1.1B | (855M) | 616M | 1.1B | 1.2B | |
| Free Cash Flow | 109M | 8.4B | 3.5B | 6.3B | 5.4B | 5.6B | |
| Depreciation | 958M | 989M | 1.0B | 1.2B | 1.3B | 938.7M | |
| Other Non Cash Items | 740M | (391M) | (5.0B) | 3.9B | 1.2B | 1.2B | |
| Dividends Paid | 701M | 598M | 1.4B | 2.1B | 1.8B | 1.4B | |
| Capital Expenditures | 1.9B | 173M | 233M | 292M | 1.3B | 971.1M | |
| Net Income | 3.1B | 2.9B | 3.8B | 1.4B | 5.8B | 6.1B | |
| End Period Cash Flow | 536M | 1.7B | 825M | 1.4B | 1.5B | 1.5B | |
| Change To Inventory | 2.7B | 1.8B | 3.9B | 4.4B | 5.0B | 5.3B | |
| Investments | (1.2B) | (3.5B) | 3.4B | (3.2B) | (4.0B) | (3.8B) | |
| Net Borrowings | (537.0M) | (502.2M) | (1.8B) | (4.5B) | (4.0B) | (3.8B) | |
| Change To Netincome | (2.7B) | (3.4B) | (902.6M) | (4.4B) | (3.9B) | (3.7B) |
Energy Of Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Energy Of or Electric Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Energy Of's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Energy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.35 | |
β | Beta against NYSE Composite | 1.26 | |
σ | Overall volatility | 3.62 | |
Ir | Information ratio | -0.1 |
Energy Of Volatility Alert
Energy of Minas exhibits very low volatility with skewness of -3.01 and kurtosis of 17.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Energy Of's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Energy Of's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Energy Of Fundamentals Vs Peers
Comparing Energy Of's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Energy Of's direct or indirect competition across all of the common fundamentals between Energy Of and the related equities. This way, we can detect undervalued stocks with similar characteristics as Energy Of or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Energy Of's fundamental indicators could also be used in its relative valuation, which is a method of valuing Energy Of by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Energy Of to competition |
| Fundamentals | Energy Of | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | 0.0778 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 13.75 B | 16.62 B |
| Shares Outstanding | 2.86 B | 571.82 M |
| Shares Owned By Institutions | 0.08 % | 39.21 % |
| Number Of Shares Shorted | 9.7 K | 4.71 M |
| Price To Earning | 10.12 X | 28.72 X |
| Price To Book | 1.36 X | 9.51 X |
| Price To Sales | 0.18 X | 11.42 X |
| Revenue | 36.85 B | 9.43 B |
| Gross Profit | 5.26 B | 27.38 B |
| EBITDA | 7.93 B | 3.9 B |
| Net Income | 5.76 B | 570.98 M |
| Cash And Equivalents | 2.38 B | 2.7 B |
| Cash Per Share | 1.08 X | 5.01 X |
| Total Debt | 10.26 B | 5.32 B |
| Debt To Equity | 0.49 % | 48.70 % |
| Current Ratio | 1.30 X | 2.16 X |
| Book Value Per Share | 8.88 X | 1.93 K |
| Cash Flow From Operations | 6.64 B | 971.22 M |
| Short Ratio | 5.81 X | 4.00 X |
| Earnings Per Share | 0.39 X | 3.12 X |
| Number Of Employees | 4.92 K | 18.84 K |
| Beta | 0.78 | -0.15 |
| Market Capitalization | 6.58 B | 19.03 B |
| Total Asset | 55 B | 29.47 B |
| Retained Earnings | 11.31 B | 9.33 B |
| Working Capital | (1.22 B) | 1.48 B |
| Current Asset | 8.62 B | 9.34 B |
| Current Liabilities | 11.79 B | 7.9 B |
| Annual Yield | 0.08 % |
Energy Of Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Energy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Energy Of Buy or Sell Advice
When is the right time to buy or sell Energy of Minas? Buying financial instruments such as Energy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 11.6B | 10.9B | 10.3B | 11.0B | Total Assets | 52.0B | 53.7B | 55.0B | 37.9B |
Use Investing Ideas to Build Portfolios
In addition to having Energy Of in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 134 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Losers Theme or any other thematic opportunities.
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Check out Energy Of Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Energy Stock analysis
When running Energy Of's price analysis, check to measure Energy Of'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 Energy Of is operating at the current time. Most of Energy Of's value examination focuses on studying past and present price action to predict the probability of Energy Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Of's price. Additionally, you may evaluate how the addition of Energy Of to your portfolios can decrease your overall portfolio volatility.
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