Centrais Eltricas (Brazil) Price on June 4, 2024
ELET6 Preferred Stock | BRL 40.65 0.64 1.60% |
If you're considering investing in Centrais Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Centrais Eltricas stands at 40.65, as last reported on the 11th of December 2024, with the highest price reaching 40.65 and the lowest price hitting 40.11 during the day. Centrais Eltricas secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Centrais Eltricas Brasileiras exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centrais Eltricas' Risk Adjusted Performance of (0.11), mean deviation of 0.9024, and Standard Deviation of 1.22 to double-check the risk estimate we provide.
Centrais Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Centrais |
Sharpe Ratio = -0.1432
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Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Centrais Eltricas 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 Centrais Eltricas by adding Centrais Eltricas to a well-diversified portfolio.
Centrais Eltricas Valuation on June 4, 2024
It is possible to determine the worth of Centrais Eltricas on a given historical date. On June 4, 2024 Centrais was worth 39.23 at the beginning of the trading date compared to the closed value of 40.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centrais Eltricas preferred stock. Still, in general, we apply an absolute valuation method to find Centrais Eltricas' 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 Centrais Eltricas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centrais Eltricas' related companies.
Open | High | Low | Close | Volume | |
39.26 | 39.81 | 38.96 | 39.66 | 2,297,200 | |
06/04/2024 | 39.23 | 40.05 | 39.23 | 40.00 | 2,301,800 |
39.81 | 40.72 | 39.68 | 40.23 | 1,277,500 |
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Centrais Eltricas Trading Date Momentum on June 4, 2024
On June 05 2024 Centrais Eltricas Brasileiras was traded for 40.23 at the closing time. The highest price during the trading period was 40.72 and the lowest recorded bid was listed for 39.68 . The volume for the day was 1.3 M. This history from June 5, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.57% . The overall trading delta to the current price is 0.50% . |
Centrais Eltricas Fundamentals Correlations and Trends
By evaluating Centrais Eltricas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Centrais Eltricas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Centrais financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Centrais Eltricas Preferred Stock history
Centrais Eltricas 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 Centrais is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centrais Eltricas 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 Centrais Eltricas stock prices may prove useful in developing a viable investing in Centrais Eltricas
Centrais Eltricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company was founded in 1962 and is based in Rio de Janeiro, Brazil. ELETROBRAS PNB operates under Utilities - Regulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14211 people.
Centrais Eltricas Preferred Stock Technical Analysis
Centrais Eltricas 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
Centrais Eltricas Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Centrais Eltricas Brasileiras 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.
Centrais Eltricas December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Centrais Eltricas 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 Centrais Eltricas shares will generate the highest return on investment. By undertsting and applying Centrais Eltricas preferred stock market strength indicators, traders can identify Centrais Eltricas Brasileiras entry and exit signals to maximize returns
Centrais Eltricas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centrais Eltricas' price direction in advance. Along with the technical and fundamental analysis of Centrais Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centrais 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 | (0.18) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.9129 |
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Additional Tools for Centrais Preferred Stock Analysis
When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' 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 Centrais Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.