Energisa Mato (Brazil) Price on August 3, 2023
ENMT3 Stock | BRL 74.26 8.74 10.53% |
If you're considering investing in Energisa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Energisa Mato stands at 74.26, as last reported on the 13th of December 2024, with the highest price reaching 74.26 and the lowest price hitting 74.26 during the day. Energisa Mato Grosso secures Sharpe Ratio (or Efficiency) of -0.0973, which denotes the company had a -0.0973% return per unit of risk over the last 3 months. Energisa Mato Grosso exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energisa Mato's Mean Deviation of 0.765, variance of 3.84, and Standard Deviation of 1.96 to check the risk estimate we provide.
Energisa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Energisa |
Sharpe Ratio = -0.0973
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Estimated Market Risk
2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Energisa Mato 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 Energisa Mato by adding Energisa Mato to a well-diversified portfolio.
Energisa Mato Valuation on August 3, 2023
It is possible to determine the worth of Energisa Mato on a given historical date. On August 3, 2023 Energisa was worth 48.41 at the beginning of the trading date compared to the closed value of 44.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Energisa Mato stock. Still, in general, we apply an absolute valuation method to find Energisa Mato'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 Energisa Mato where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Energisa Mato's related companies.
Open | High | Low | Close | Volume | |
50.23 | 50.23 | 49.43 | 49.43 | 6,300 | |
08/03/2023 | 48.41 | 49.43 | 44.51 | 44.80 | 2,700 |
43.57 | 44.80 | 41.47 | 44.80 | 8,900 |
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Energisa Mato Trading Date Momentum on August 3, 2023
On August 04 2023 Energisa Mato Grosso was traded for 44.80 at the closing time. The highest price during the trading period was 44.80 and the lowest recorded bid was listed for 41.47 . The volume for the day was 8.9 K. This history from August 4, 2023 did not affect price variability. The overall trading delta to the current price is 5.49% . |
Energisa Mato Grosso Fundamentals Correlations and Trends
By evaluating Energisa Mato'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 Energisa Mato's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Energisa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Energisa Mato Stock history
Energisa Mato 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 Energisa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Energisa Mato Grosso 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 Energisa Mato stock prices may prove useful in developing a viable investing in Energisa Mato
Energisa Mato Grosso - Distribuidora de Energia SA engages in the distribution of electricity. Energisa Mato Grosso - Distribuidora de Energia SA is a subsidiary of Rede Energia S.A. ENERGISA operates under UtilitiesRegulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 2366 people.
Energisa Mato Stock Technical Analysis
Energisa Mato 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
Energisa Mato Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Energisa Mato Grosso 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.
Energisa Mato December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Energisa Mato stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Energisa Mato shares will generate the highest return on investment. By undertsting and applying Energisa Mato stock market strength indicators, traders can identify Energisa Mato Grosso entry and exit signals to maximize returns
Energisa Mato Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Energisa Mato's price direction in advance. Along with the technical and fundamental analysis of Energisa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Energisa 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 | (0.14) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | 0.3943 |
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Additional Tools for Energisa Stock Analysis
When running Energisa Mato's price analysis, check to measure Energisa Mato'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 Energisa Mato is operating at the current time. Most of Energisa Mato's value examination focuses on studying past and present price action to predict the probability of Energisa Mato's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energisa Mato's price. Additionally, you may evaluate how the addition of Energisa Mato to your portfolios can decrease your overall portfolio volatility.