Energisa Mato (Brazil) Price on August 8, 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 14th of December 2024, with the highest price reaching 74.26 and the lowest price hitting 74.25 during the day. Energisa Mato Grosso secures Sharpe Ratio (or Efficiency) of -0.0965, which denotes the company had a -0.0965% return per unit of risk over the last 3 months. Energisa Mato Grosso exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energisa Mato's Standard Deviation of 1.96, mean deviation of 0.765, and Variance of 3.84 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.

Sharpe Ratio = -0.0965

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.19
  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 8, 2023

It is possible to determine the worth of Energisa Mato on a given historical date. On August 8, 2023 Energisa was worth 41.87 at the beginning of the trading date compared to the closed value of 42.45. 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
  44.80    45.29    41.95    42.83    1,900  
08/08/2023
  41.87    43.32    41.87    42.45    500.00  
  44.31    44.31    44.31    44.31    800.00  
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Open Value
41.87
42.45
Closing Value
47.89
Upside

Energisa Mato Trading Date Momentum on August 8, 2023

On August 09 2023 Energisa Mato Grosso was traded for  44.31  at the closing time. The highest price during the trading period was 44.31  and the lowest recorded bid was listed for  44.31 . The volume for the day was 800. This history from August 9, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 4.38% . The overall trading delta to the current price is 6.64% .

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

Energisa Mato Period Price Range

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December 14, 2024
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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 14, 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.

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.