Companhia Paranaense De Stock Price on November 29, 2024
ELPC Stock | 5.71 0.11 1.96% |
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Paranaense stands at 5.71, as last reported on the 11th of December 2024, with the highest price reaching 5.87 and the lowest price hitting 5.53 during the day. Companhia Paranaense secures Sharpe Ratio (or Efficiency) of -0.089, which signifies that the company had a -0.089% return per unit of risk over the last 3 months. Companhia Paranaense de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Paranaense's Mean Deviation of 1.84, standard deviation of 2.48, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = -0.089
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Estimated Market Risk
2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Companhia Paranaense 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 Paranaense by adding Companhia Paranaense to a well-diversified portfolio.
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Companhia Paranaense Valuation on November 29, 2024
It is possible to determine the worth of Companhia Paranaense on a given historical date. On November 29, 2024 Companhia was worth 5.45 at the beginning of the trading date compared to the closed value of 5.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Paranaense stock. Still, in general, we apply an absolute valuation method to find Companhia Paranaense'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 Paranaense where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Paranaense's related companies.
Open | High | Low | Close | Volume | |
6.05 | 6.11 | 5.85 | 5.85 | 6,630 | |
11/29/2024 | 5.45 | 5.73 | 5.45 | 5.72 | 4,498 |
5.64 | 5.68 | 5.54 | 5.54 | 6,398 |
Backtest Companhia Paranaense | | | Companhia Paranaense History | | | Companhia Paranaense Valuation | Previous | Next |
Companhia Paranaense Trading Date Momentum on November 29, 2024
On December 02 2024 Companhia Paranaense de was traded for 5.54 at the closing time. The top price for the day was 5.68 and the lowest listed price was 5.54 . The trading volume for the day was 6.4 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.15% . The overall trading delta against the current closing price is 4.90% . |
Companhia Paranaense Fundamentals Correlations and Trends
By evaluating Companhia Paranaense'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 Paranaense'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 Paranaense Stock history
Companhia Paranaense 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 Paranaense 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 Paranaense stock prices may prove useful in developing a viable investing in Companhia Paranaense
Companhia Paranaense Stock Technical Analysis
Companhia Paranaense 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.
Price Boundaries
Companhia Paranaense Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Companhia Paranaense de cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Paranaense December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Paranaense 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 Paranaense shares will generate the highest return on investment. By undertsting and applying Companhia Paranaense stock market strength indicators, traders can identify Companhia Paranaense de entry and exit signals to maximize returns
Companhia Paranaense Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Paranaense's price direction in advance. Along with the technical and fundamental analysis of Companhia 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 | (0.06) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (6.88) |
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Complementary Tools for Companhia Stock analysis
When running Companhia Paranaense's price analysis, check to measure Companhia Paranaense'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 Paranaense is operating at the current time. Most of Companhia Paranaense's value examination focuses on studying past and present price action to predict the probability of Companhia Paranaense'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 Paranaense's price. Additionally, you may evaluate how the addition of Companhia Paranaense to your portfolios can decrease your overall portfolio volatility.
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