Companhia Energtica (Brazil) Price on October 17, 2024
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 Standard Deviation of 1.81, mean deviation of 1.43, 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.
Companhia |
Sharpe Ratio = -0.1638
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | COCE5 |
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 October 17, 2024
It is possible to determine the worth of Companhia Energtica on a given historical date. On October 17, 2024 Companhia was worth 27.38 at the beginning of the trading date compared to the closed value of 26.9. 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 | |
26.93 | 27.58 | 26.72 | 27.58 | 2,600 | |
10/17/2024 | 27.38 | 27.38 | 26.90 | 26.90 | 2,600 |
26.90 | 27.40 | 26.60 | 26.90 | 7,100 |
Backtest Companhia Energtica | | | Companhia Energtica History | | | Companhia Energtica Valuation | Previous | Next |
Companhia Energtica Trading Date Momentum on October 17, 2024
On October 18 2024 Companhia Energtica do was traded for 26.90 at the closing time. The highest price during the trading period was 27.40 and the lowest recorded bid was listed for 26.60 . The volume for the day was 7.1 K. This history from October 18, 2024 did not affect price variability. The overall trading delta to the current price is 4.09% . |
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.
Price Boundaries
Companhia Energtica Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | (0.60) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.