Companhia De Saneamento Stock Alpha and Beta Analysis
| SBS Stock | USD 17.10 0.69 4.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Companhia de Saneamento. It also helps investors analyze the systematic and unsystematic risks associated with investing in Companhia over a specified time horizon. Remember, high Companhia's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Companhia's market risk premium analysis include:
Beta (0.05) | Alpha (0.04) | Risk 1.47 | Sharpe Ratio 0.027 | Expected Return 0.0397 |
Companhia Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Companhia |
Companhia Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Companhia market risk premium is the additional return an investor will receive from holding Companhia long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Companhia. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Companhia's performance over market.| α | -0.04 | β | -0.05 |
Companhia expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Companhia's Buy-and-hold return. Our buy-and-hold chart shows how Companhia performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Companhia Market Price Analysis
Market price analysis indicators help investors to evaluate how Companhia 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 shares will generate the highest return on investment. By understating and applying Companhia stock market price indicators, traders can identify Companhia position entry and exit signals to maximize returns.
Companhia Return and Market Media
The median price of Companhia for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 16.58 with a coefficient of variation of 3.43. The daily time series for the period is distributed with a sample standard deviation of 0.57, arithmetic mean of 16.56, and mean deviation of 0.48. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | SABESP Appoints New CEO Post-Privatization - TipRanks | 09/26/2024 |
2 | Companhia De Saneamento Basico Do Estado De Sao Paulo Q2 2024 Earnings Call Highlights ... | 10/09/2024 |
3 | Axway Enhances Open Banking Solution with Acquisition of Sopra Banking Software | 10/23/2024 |
4 | Companhia De Saneamento Basico Do Estado De Sao Paulo Trading 3.6 percent Higher on Nov 12 | 11/12/2024 |
5 | Companhia De Saneamento Basico Do Estado De Sao Paulo Q3 2024 Earnings Call Highlights ... | 11/13/2024 |
6 | Companhia De Saneamento Basico Do Estado De Sao Paulo Shares Gap Down to 16.555 on Nov 21 | 11/21/2024 |
About Companhia Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Companhia or other stocks. Alpha measures the amount that position in Companhia de Saneamento has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.009889 | 0.0167 | 0.0285 | Price To Sales Ratio | 1.32 | 1.93 | 2.03 |
Companhia Upcoming Company Events
As portrayed in its financial statements, the presentation of Companhia's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Companhia's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Companhia's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Companhia. Please utilize our Beneish M Score to check the likelihood of Companhia's management manipulating its earnings.
| 22nd of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Companhia Stock Analysis
When running Companhia's price analysis, check to measure Companhia'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 is operating at the current time. Most of Companhia's value examination focuses on studying past and present price action to predict the probability of Companhia'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's price. Additionally, you may evaluate how the addition of Companhia to your portfolios can decrease your overall portfolio volatility.