Companhia De Saneamento Stock Market Value
| SBS Stock | USD 16.03 0.11 0.68% |
| Symbol | Companhia |
Companhia de Saneamento Price To Book Ratio
Is Companhia'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. 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 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 0.847 | Dividend Share 1.44 | Earnings Share 1.14 | Revenue Per Share 37.413 | Quarterly Revenue Growth 0.225 |
The market value of Companhia de Saneamento 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's value that differs from its market value or its book value, called intrinsic value, which is Companhia'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's market value can be influenced by many factors that don't directly affect Companhia'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia'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.
Companhia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Companhia's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Companhia.
| 07/04/2022 |
| 04/24/2024 |
If you would invest 0.00 in Companhia on July 4, 2022 and sell it all today you would earn a total of 0.00 from holding Companhia de Saneamento or generate 0.0% return on investment in Companhia over 660 days. Companhia is related to or competes with Companhia Paranaense, Companhia Energetica, Ultrapar Participacoes, Companhia Brasileira, and Telefonica Brasil. Companhia de Saneamento Bsico do Estado de So Paulo SABESP provides water and sewage services to residential, commercial... More
Companhia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Companhia's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Companhia de Saneamento upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.39 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.28 |
Companhia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Companhia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Companhia's standard deviation. In reality, there are many statistical measures that can use Companhia historical prices to predict the future Companhia's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0593 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Companhia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Companhia de Saneamento Backtested Returns
We consider Companhia very steady. Companhia de Saneamento secures Sharpe Ratio (or Efficiency) of 0.0444, which signifies that the company had a 0.0444% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Companhia de Saneamento, which you can use to evaluate the volatility of the firm. Please confirm Companhia's Risk Adjusted Performance of 0.0376, downside deviation of 1.57, and Mean Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0675%. Companhia has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.14, which signifies a somewhat significant risk relative to the market. Companhia returns are very sensitive to returns on the market. As the market goes up or down, Companhia is expected to follow. Companhia de Saneamento right now shows a risk of 1.52%. Please confirm Companhia de Saneamento maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Companhia de Saneamento will be following its price patterns.
Auto-correlation | 0.23 |
Weak predictability
Companhia de Saneamento has weak predictability. Overlapping area represents the amount of predictability between Companhia time series from 4th of July 2022 to 30th of May 2023 and 30th of May 2023 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Companhia de Saneamento price movement. The serial correlation of 0.23 indicates that over 23.0% of current Companhia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 3.9 |
Companhia de Saneamento lagged returns against current returns
Autocorrelation, which is Companhia stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Companhia's stock expected returns. We can calculate the autocorrelation of Companhia returns to help us make a trade decision. For example, suppose you find that Companhia has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Companhia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Companhia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Companhia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Companhia stock over time.
Current vs Lagged Prices |
| Timeline |
Companhia Lagged Returns
When evaluating Companhia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Companhia stock have on its future price. Companhia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Companhia autocorrelation shows the relationship between Companhia stock current value and its past values and can show if there is a momentum factor associated with investing in Companhia de Saneamento.
Regressed Prices |
| Timeline |
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 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's short interest history, or implied volatility extrapolated from Companhia options trading.
Currently Active Assets on Macroaxis
When determining whether Companhia de Saneamento is a strong investment it is important to analyze Companhia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:Check out Companhia Correlation, Companhia Volatility and Companhia Alpha and Beta module to complement your research on Companhia. Note that the Companhia de Saneamento information on this page should be used as a complementary analysis to other Companhia'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary 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.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Companhia technical 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, stock market cycles, or different charting patterns.