Companhiade Eletricidade (Brazil) Price on July 4, 2018
CEEB5 Preferred Stock | BRL 36.86 1.56 4.42% |
If you're considering investing in Companhiade Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhiade Eletricidade stands at 36.86, as last reported on the 23rd of April, with the highest price reaching 36.86 and the lowest price hitting 36.86 during the day. We consider Companhiade Eletricidade very steady. Companhiade Eletricidade secures Sharpe Ratio (or Efficiency) of 0.036, which signifies that the company had a 0.036% return per unit of risk over the last 3 months. We have found twenty technical indicators for Companhiade Eletricidade do, which you can use to evaluate the volatility of the firm. Please confirm Companhiade Eletricidade's Standard Deviation of 1.27, risk adjusted performance of (0.02), and Mean Deviation of 0.4224 to double-check if the risk estimate we provide is consistent with the expected return of 0.0397%.
Companhiade Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhiade |
Sharpe Ratio = 0.036
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Estimated Market Risk
1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Companhiade Eletricidade is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Companhiade Eletricidade by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Companhiade Eletricidade Preferred Stock history
Companhiade Eletricidade investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Companhiade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhiade Eletricidade will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Companhiade Eletricidade stock prices may prove useful in developing a viable investing in Companhiade Eletricidade
Companhiade Eletricidade do Estado da Bahia - COELBA engages in the distribution of electricity in the Bahia state. Companhiade Eletricidade do Estado da Bahia - COELBA operates as a subsidiary of Neoenergia S.A. Companhiade Eletricidade operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3729 people.
Companhiade Eletricidade Preferred Stock Technical Analysis
Companhiade Eletricidade technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Companhiade Eletricidade Period Price Range
Companhiade Eletricidade April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhiade Eletricidade preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhiade Eletricidade shares will generate the highest return on investment. By undertsting and applying Companhiade Eletricidade preferred stock market strength indicators, traders can identify Companhiade Eletricidade do entry and exit signals to maximize returns
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.04 | |||
Day Median Price | 36.86 | |||
Day Typical Price | 36.86 | |||
Price Action Indicator | 0.78 | |||
Period Momentum Indicator | 1.56 |
Companhiade Eletricidade Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhiade Eletricidade's price direction in advance. Along with the technical and fundamental analysis of Companhiade Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhiade to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | 0.5003 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhiade Eletricidade do. 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 Companhiade Eletricidade information on this page should be used as a complementary analysis to other Companhiade Eletricidade's 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Companhiade Preferred Stock analysis
When running Companhiade Eletricidade's price analysis, check to measure Companhiade Eletricidade'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 Companhiade Eletricidade is operating at the current time. Most of Companhiade Eletricidade's value examination focuses on studying past and present price action to predict the probability of Companhiade Eletricidade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhiade Eletricidade's price. Additionally, you may evaluate how the addition of Companhiade Eletricidade to your portfolios can decrease your overall portfolio volatility.
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