Energy Of Minas Stock Alpha and Beta Analysis
| CIG-C Stock | USD 2.30 0.09 3.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Energy of Minas. It also helps investors analyze the systematic and unsystematic risks associated with investing in Energy Of over a specified time horizon. Remember, high Energy Of's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Energy Of's market risk premium analysis include:
Beta 1.26 | Alpha (0.35) | Risk 3.62 | Sharpe Ratio (0.08) | Expected Return (0.28) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Energy |
Energy Of Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Energy Of market risk premium is the additional return an investor will receive from holding Energy Of long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Energy Of. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Energy Of's performance over market.| α | -0.35 | β | 1.26 |
Energy Of expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Energy Of's Buy-and-hold return. Our buy-and-hold chart shows how Energy Of performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Energy Of Market Price Analysis
Market price analysis indicators help investors to evaluate how Energy Of stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energy Of shares will generate the highest return on investment. By understating and applying Energy Of stock market price indicators, traders can identify Energy Of position entry and exit signals to maximize returns.
Energy Of Return and Market Media
The median price of Energy Of for the period between Tue, Mar 5, 2024 and Mon, Jun 3, 2024 is 2.85 with a coefficient of variation of 7.33. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 2.83, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Short interest on energy stocks up in February COP remains least shorted - Seeking Alpha | 03/15/2024 |
2 | Vale announced the acquisition of a full stake in energy supplier AGE - GMK Center English | 04/02/2024 |
3 | Stock Index Futures Climb as Fed Rate Cut Hopes Grow, Fed Speak and ECB Minutes in Focus - The Globe and Mail | 05/10/2024 |
4 | CIG Stock Earnings Energy Co of Minas Gerais Reported Results for Q1 2024 - MSN | 05/31/2024 |
About Energy Of Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Energy or other stocks. Alpha measures the amount that position in Energy of Minas has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0711 | 0.0879 | 0.0586 | Price To Sales Ratio | 0.59 | 0.69 | 1.49 |
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 Energy Of 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, Energy Of's short interest history, or implied volatility extrapolated from Energy Of options trading.
Build Portfolio with Energy Of
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Energy Of Backtesting, Energy Of Valuation, Energy Of Correlation, Energy Of Hype Analysis, Energy Of Volatility, Energy Of History and analyze Energy Of Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on 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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