Engie Brasil (Brazil) Price on December 12, 2023

EGIE3 Stock  BRL 38.00  0.45  1.20%   
If you're considering investing in Engie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Engie Brasil stands at 38.00, as last reported on the 2nd of December, with the highest price reaching 38.07 and the lowest price hitting 37.31 during the day. Engie Brasil Energia secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Engie Brasil Energia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Engie Brasil's Mean Deviation of 0.794, variance of 1.05, and Standard Deviation of 1.03 to check the risk estimate we provide.
  
Engie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2572

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Estimated Market Risk

 0.98
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Engie Brasil 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 Engie Brasil by adding Engie Brasil to a well-diversified portfolio.

Engie Brasil Valuation on December 12, 2023

It is possible to determine the worth of Engie Brasil on a given historical date. On December 12, 2023 Engie was worth 41.24 at the beginning of the trading date compared to the closed value of 41.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Engie Brasil stock. Still, in general, we apply an absolute valuation method to find Engie Brasil'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 Engie Brasil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Engie Brasil's related companies.
 Open High Low Close Volume
  41.29    41.50    41.01    41.24    940,200  
12/12/2023
  41.24    41.47    41.01    41.37    868,500  
  41.37    41.92    41.20    41.84    1,512,700  
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Open Value
41.24
41.37
Closing Value
44.17
Upside

Engie Brasil Trading Date Momentum on December 12, 2023

On December 13 2023 Engie Brasil Energia was traded for  41.84  at the closing time. The highest price during the trading period was 41.92  and the lowest recorded bid was listed for  41.20 . The volume for the day was 1.5 M. This history from December 13, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.14% . The overall trading delta to the current price is 2.15% .

Engie Brasil Energia Fundamentals Correlations and Trends

By evaluating Engie Brasil'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 Engie Brasil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Engie financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Engie Brasil Stock history

Engie Brasil 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 Engie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Engie Brasil Energia 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 Engie Brasil stock prices may prove useful in developing a viable investing in Engie Brasil
Engie Brasil Energia S.A., together with its subsidiaries, generates, sells, and trades in electrical energy in Brazil. Engie Brasil Energia S.A. operates as a subsidiary of ENGIE Brasil Participaes Ltda. ENGIE BRASILON operates under UtilitiesRegulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange.

Engie Brasil Stock Technical Analysis

Engie Brasil 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.
A focus of Engie Brasil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Engie Brasil 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

Engie Brasil Period Price Range

Low
December 2, 2024
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High

 0.00 

     

 0.00 

Engie Brasil Energia 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.

Engie Brasil December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Engie Brasil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Engie Brasil shares will generate the highest return on investment. By undertsting and applying Engie Brasil stock market strength indicators, traders can identify Engie Brasil Energia entry and exit signals to maximize returns

Engie Brasil Technical and Predictive Indicators

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

When running Engie Brasil's price analysis, check to measure Engie Brasil'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 Engie Brasil is operating at the current time. Most of Engie Brasil's value examination focuses on studying past and present price action to predict the probability of Engie Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Engie Brasil's price. Additionally, you may evaluate how the addition of Engie Brasil to your portfolios can decrease your overall portfolio volatility.