Companhia Energtica (Brazil) Price on June 14, 2023

COCE5 Preferred Stock  BRL 24.11  0.29  1.19%   
If you're considering investing in Companhia Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Energtica stands at 24.11, as last reported on the 14th of December 2024, with the highest price reaching 24.31 and the lowest price hitting 24.10 during the day. Companhia Energtica secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Companhia Energtica do exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Energtica's Mean Deviation of 1.43, standard deviation of 1.81, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide.
  
Companhia Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1638

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Estimated Market Risk

 1.85
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Companhia Energtica is not performing at its full potential. However, 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 Companhia Energtica by adding Companhia Energtica to a well-diversified portfolio.

Companhia Energtica Valuation on June 14, 2023

It is possible to determine the worth of Companhia Energtica on a given historical date. On June 14, 2023 Companhia was worth 53.54 at the beginning of the trading date compared to the closed value of 53.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Energtica preferred stock. Still, in general, we apply an absolute valuation method to find Companhia Energtica's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Companhia Energtica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Energtica's related companies.
 Open High Low Close Volume
  52.90    53.67    52.06    52.90    13,800  
06/14/2023
  53.54    53.54    52.73    53.24    17,200  
  53.32    53.93    52.89    53.86    16,700  
Backtest Companhia Energtica  |  Companhia Energtica History  |  Companhia Energtica Valuation   PreviousNext  
Open Value
53.54
53.24
Closing Value
59.09
Upside

Companhia Energtica Trading Date Momentum on June 14, 2023

On June 15 2023 Companhia Energtica do was traded for  53.86  at the closing time. The highest price during the trading period was 53.93  and the lowest recorded bid was listed for  52.89 . The volume for the day was 16.7 K. This history from June 15, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.16% . The overall trading delta to the current price is 4.71% .

Companhia Energtica Fundamentals Correlations and Trends

By evaluating Companhia Energtica's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Companhia Energtica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Companhia financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Companhia Energtica Preferred Stock history

Companhia Energtica 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 Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Energtica 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 Companhia Energtica stock prices may prove useful in developing a viable investing in Companhia Energtica
Companhia Energtica do Cear Coelce engages in the distribution of electricity. Companhia Energtica do Cear Coelce is a subsidiary of Enel Brasil S.A. COELCE PNA operates under Utilities - Regulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1113 people.

Companhia Energtica Preferred Stock Technical Analysis

Companhia Energtica 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.
A focus of Companhia Energtica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Companhia Energtica trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Companhia Energtica Period Price Range

Low
December 14, 2024
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Companhia Energtica do cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Companhia Energtica December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Companhia Energtica 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 Companhia Energtica shares will generate the highest return on investment. By undertsting and applying Companhia Energtica preferred stock market strength indicators, traders can identify Companhia Energtica do entry and exit signals to maximize returns

Companhia Energtica Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Companhia Energtica's price direction in advance. Along with the technical and fundamental analysis of Companhia Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia 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.

Additional Tools for Companhia Preferred Stock Analysis

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.