Eneva SA (Brazil) Price on October 3, 2024
ENEV3 Stock | BRL 11.48 0.07 0.61% |
If you're considering investing in Eneva Stock, it is important to understand the factors that can impact its price. As of today, the current price of Eneva SA stands at 11.48, as last reported on the 3rd of December, with the highest price reaching 11.53 and the lowest price hitting 11.30 during the day. Eneva SA secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the company had a -0.23% return per unit of risk over the last 3 months. Eneva SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eneva SA's Standard Deviation of 1.3, variance of 1.7, and Mean Deviation of 1.05 to check the risk estimate we provide.
Eneva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Eneva |
Sharpe Ratio = -0.2339
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Estimated Market Risk
1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Eneva SA 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 Eneva SA by adding Eneva SA to a well-diversified portfolio.
Eneva SA Valuation on October 3, 2024
It is possible to determine the worth of Eneva SA on a given historical date. On October 3, 2024 Eneva was worth 14.12 at the beginning of the trading date compared to the closed value of 14.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Eneva SA stock. Still, in general, we apply an absolute valuation method to find Eneva SA'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 Eneva SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Eneva SA's related companies.
Open | High | Low | Close | Volume | |
14.14 | 14.33 | 14.01 | 14.26 | 6,385,800 | |
10/03/2024 | 14.12 | 14.18 | 13.90 | 14.11 | 7,294,900 |
13.95 | 14.14 | 13.95 | 14.10 | 4,443,100 |
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Eneva SA Trading Date Momentum on October 3, 2024
On October 04 2024 Eneva SA was traded for 14.10 at the closing time. The highest price during the trading period was 14.14 and the lowest recorded bid was listed for 13.95 . The volume for the day was 4.4 M. This history from October 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.07% . The overall trading delta to the current price is 1.84% . |
Eneva SA Fundamentals Correlations and Trends
By evaluating Eneva SA'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 Eneva SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Eneva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Eneva SA Stock history
Eneva SA 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 Eneva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eneva SA 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 Eneva SA stock prices may prove useful in developing a viable investing in Eneva SA
Eneva S.A., together with its subsidiaries, operates as an integrated power generation company in Brazil. Eneva S.A. was founded in 2001 and is headquartered in Rio de Janeiro, Brazil. ENEVA ON operates under UtilitiesDiversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1280 people.
Eneva SA Stock Technical Analysis
Eneva SA 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
Eneva SA Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Eneva SA 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.
Eneva SA December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Eneva SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eneva SA shares will generate the highest return on investment. By undertsting and applying Eneva SA stock market strength indicators, traders can identify Eneva SA entry and exit signals to maximize returns
Eneva SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Eneva SA's price direction in advance. Along with the technical and fundamental analysis of Eneva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eneva 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 | (0.12) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | 1.54 |
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Additional Tools for Eneva Stock Analysis
When running Eneva SA's price analysis, check to measure Eneva SA'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 Eneva SA is operating at the current time. Most of Eneva SA's value examination focuses on studying past and present price action to predict the probability of Eneva SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eneva SA's price. Additionally, you may evaluate how the addition of Eneva SA to your portfolios can decrease your overall portfolio volatility.