Companhia Energetica De Stock Probability of Future Stock Price Finishing Under 1.76
| CIG Stock | USD 1.80 0.01 0.56% |
Companhia |
Companhia Energetica Target Price Odds to finish below 1.76
The tendency of Companhia Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 1.76 or more in 90 days |
| 1.80 | 90 days | 1.76 | near 1 |
Based on a normal probability distribution, the odds of Companhia Energetica to drop to $ 1.76 or more in 90 days from now is near 1 (This Companhia Energetica de probability density function shows the probability of Companhia Stock to fall within a particular range of prices over 90 days) . Probability of Companhia Energetica price to stay between $ 1.76 and its current price of $1.8 at the end of the 90-day period is about 1.59 .
Considering the 90-day investment horizon Companhia Energetica de has a beta of -0.26 suggesting as returns on the benchmark increase, returns on holding Companhia Energetica are expected to decrease at a much lower rate. During a bear market, however, Companhia Energetica de is likely to outperform the market. Additionally Companhia Energetica de has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Companhia Energetica Price Density |
| Price |
Predictive Modules for Companhia Energetica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Companhia Energetica. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Companhia Energetica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Companhia Energetica is not an exception. The market had few large corrections towards the Companhia Energetica's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Companhia Energetica de, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Companhia Energetica within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.08 |
Companhia Energetica Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Companhia Energetica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Companhia Energetica can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Companhia Energetica generated a negative expected return over the last 90 days | |
| Companhia Energetica may become a speculative penny stock |
Companhia Energetica Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Companhia Stock often depends not only on the future outlook of the current and potential Companhia Energetica's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Companhia Energetica's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 B | |
| Cash And Short Term Investments | 3.1 B |
Companhia Energetica Technical Analysis
Companhia Energetica's future price can be derived by breaking down and analyzing its technical indicators over time. Companhia Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Companhia Energetica de. In general, you should focus on analyzing Companhia Stock price patterns and their correlations with different microeconomic environments and drivers.
Companhia Energetica Predictive Forecast Models
Companhia Energetica's time-series forecasting models is one of many Companhia Energetica's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Companhia Energetica's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Companhia Energetica
Checking the ongoing alerts about Companhia Energetica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Companhia Energetica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Companhia Energetica generated a negative expected return over the last 90 days | |
| Companhia Energetica may become a speculative penny stock |
Check out Companhia Energetica Backtesting, Companhia Energetica Valuation, Companhia Energetica Correlation, Companhia Energetica Hype Analysis, Companhia Energetica Volatility, Companhia Energetica History as well as Companhia Energetica Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electric Utilities space 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 Energetica. 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 Energetica 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 0.356 | Earnings Share 0.34 | Revenue Per Share 13.241 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0838 |
The market value of Companhia Energetica 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 Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica'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 Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica'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 Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica'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.