Bernardo Alvarenga - Companhia Energtica CEO, Deputy CEO

CMIG4 Preferred Stock  BRL 12.81  0.06  0.47%   

CEO

Mr. Bernardo Afonso Salomao de Alvarenga serves as Chief Executive Officer of the Companhia Energetica de Minas Gerais. He was an employee of Cemig from 1980 to 2006, and an Executive Officer of Cemig from 2007 to 2010. From May 2011 to November 2012 he served as Chief Energy Officer of Usiminas. Since August 2013 he was managing partner of Ponta Energia Consultores Associados Ltda. He earned a degree in Electrical Engineering from Universidade Federal de Minas Gerais in 1978. since 2017.
Age 66
Tenure 7 years
Phone55 31 3506 5024
Webhttps://www.cemig.com.br

Companhia Energtica Management Efficiency

The company has return on total asset (ROA) of 0.0575 % which means that it generated a profit of $0.0575 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1766 %, meaning that it generated $0.1766 on every $100 dollars invested by stockholders. Companhia Energtica's management efficiency ratios could be used to measure how well Companhia Energtica manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 10.08 B in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Companhia Energtica has a current ratio of 1.27, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Companhia Energtica until it has trouble settling it off, either with new capital or with free cash flow. So, Companhia Energtica's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Companhia Energtica sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Companhia to invest in growth at high rates of return. When we think about Companhia Energtica's use of debt, we should always consider it together with cash and equity.

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Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil. CEMIG PN operates under UtilitiesDiversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 5025 people. Companhia Energtica de (CMIG4) is traded on Sao Paulo Exchange in Brazil and employs 5,025 people.

Management Performance

Companhia Energtica Leadership Team

Elected by the shareholders, the Companhia Energtica's board of directors comprises two types of representatives: Companhia Energtica inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Companhia. The board's role is to monitor Companhia Energtica's management team and ensure that shareholders' interests are well served. Companhia Energtica's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Companhia Energtica's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mauro Lemos, CEO
Maura Martins, Chief Officer for Human Relations and Resources
Patricia Bentes, Director
Marcelo Silva, Director
Thadeu Silva, Chief Board
Leonardo Magalhes, Chief Board
Ronaldo Abreu, Chief Distribution and Sales Officer, Interim Chief Corporate Management Officer
Marcio Utsch, Chairman of the Board
Allan Ferreira, Director
Franklin Goncalves, Chief Energy Generation and Transmission Officer, Member of the Executive Board
Mauricio Junior, Chief Finance and Investor Relations Officer
Paulo Guedes, Director
Helvecio Magalhaes, Director
Arcangelo Queiroz, Director
Mateus Gomes, Deputy CEO
Daniel Costa, Chief Officer for Managements
Raul Leite, Chief Legal Officer
Leonardo Mesquita, Accounting Mang
Adezio Lima, Chief Financial and Investor Relations Officer
Luiz Rolla, Chief Financial and Investor Relations Officer, Member of the Executive Board
Marney Antunes, Chief Board
Fabiano Pereira, CFO, Director of Investor Relations
Eduardo Andrade, Director
Evandro Vasconcelos, Director of Sales
Paulo Henriques, Chief Generation and Transmission Officer, Member of the Executive Board
Henrique Pinto, Regulatory Director
Leonardo Magalhaes, Chief Finance and Investor Relations Officer, Member of the Executive Board
Reynaldo Filho, Chief Executive Officer, Member of the Executive Board
Jose Silva, Chairman of the Board
Jose Lins, Corporate Management Officer
Cesar Fernandes, Chief Business Development Officer, Member of the Executive Board
Otavio Azevedo, Director
Marco Branco, Director
Ricardo Charbel, Chief Distribution and Commercialization Officer, Member of the Executive Board
Eduardo Ferreira, Chief Officer for the Gas Division, Member of the Executive Board
Cledorvino Belini, Chief Executive Officer, Director
Paulo Guimares, Head Fin
Marcio Serrano, Chief Corporate Management Officer, Member of the Executive Board
Jose Magalhaes, Director
Marco Soligo, Exec Board
Bernardo Alvarenga, CEO, Deputy CEO
Jose Maia, Director
Jose Filho, Director
Marco Porto, Director, Employees Representative
Dimas Costa, Chief Trading Officer, Member of the Executive Board
Ricardo Sena, Director
Victor Tito, Director
Luiz Fernandes, Deputy CEO
Nelson Moreira, Director
Aloisio Souza, Independent Director
Rafael Noda, CEMIGPar Director, Member of the Executive Board
Guy Paschoal, Director
Saulo Pereira, Director
Luis Santos, Chief Institutional Relations and Communication Officer, Member of the Executive Board
Renata Cavalcanti, Director
Claudio Bianchini, Deputy Sustainability
Romeu Rufino, Director
Marco Teixeira, Director
Marcio Peres, Director
Eduardo Soares, Chief Counsel and Chief Officer for Regulation, Member of the Executive Board
Jose Rangel, Director
Antonio Junqueira, Director

Companhia Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Companhia Energtica a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Companhia Energtica in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Companhia Energtica's short interest history, or implied volatility extrapolated from Companhia Energtica options trading.

Pair Trading with Companhia Energtica

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

Moving together with Companhia Preferred Stock

  0.84CARE11 Mxima Renda CorporativaPairCorr
  0.69MBRF11 Fundo De InvestimentoPairCorr

Moving against Companhia Preferred Stock

  0.84RBED11 Aesapar Fundo dePairCorr
  0.58FIGS11 Fundo de InvestimentoPairCorr
  0.41HGBS11 HEDGE Brasil ShoppingPairCorr
The ability to find closely correlated positions to Companhia Energtica 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 Energtica 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 Energtica - 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 Energtica de to buy it.
The correlation of Companhia Energtica 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 Energtica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Energtica 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 Energtica 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energtica de. 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 Companhia Energtica information on this page should be used as a complementary analysis to other Companhia Energtica'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica'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 Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Companhia Energtica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energtica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energtica'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.