Companhia Energetica De Stock Technical Analysis

CIG Stock  USD 2.47  0.01  0.40%   
As of the 23rd of April, Companhia Energetica shows the Risk Adjusted Performance of 0.0531, downside deviation of 2.09, and Mean Deviation of 1.36. Companhia Energetica technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Companhia Energetica de, which can be compared to its peers. Please confirm Companhia Energetica treynor ratio, and the relationship between the variance and potential upside to decide if Companhia Energetica is priced correctly, providing market reflects its regular price of 2.47 per share. Please also double-check Companhia Energetica de total risk alpha, which is currently at (0.1) to validate the company can sustain itself at a future point.

Companhia Energetica Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Companhia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Companhia
  
Companhia Energetica's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Companhia Energetica Analyst Consensus

Target PriceAdvice# of Analysts
2.75Buy2Odds
Companhia Energetica de current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Companhia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Companhia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Companhia Energetica, talking to its executives and customers, or listening to Companhia conference calls.
Companhia Analyst Advice Details
Companhia Energetica 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 Companhia Energetica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Companhia Energetica 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...

Companhia Energetica Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Companhia Energetica volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Companhia Energetica Trend Analysis

Use this graph to draw trend lines for Companhia Energetica de. You can use it to identify possible trend reversals for Companhia Energetica as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Companhia Energetica price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Companhia Energetica Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Companhia Energetica de applied against its price change over selected period. The best fit line has a slop of    , which may imply that Companhia Energetica de will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.94, which is the sum of squared deviations for the predicted Companhia Energetica price change compared to its average price change.

About Companhia Energetica Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Companhia Energetica de on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Companhia Energetica de based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Companhia Energetica price pattern first instead of the macroeconomic environment surrounding Companhia Energetica. By analyzing Companhia Energetica's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Companhia Energetica's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Companhia Energetica specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.05380.06640.05590.0562
Price To Sales Ratio0.780.910.891.53

Companhia Energetica April 23, 2024 Technical Indicators

Most technical analysis of Companhia help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Companhia from various momentum indicators to cycle indicators. When you analyze Companhia charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Companhia Energetica is a strong investment it is important to analyze Companhia Energetica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Companhia Energetica de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Companhia Energetica's price analysis, check to measure Companhia Energetica'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 Energetica is operating at the current time. Most of Companhia Energetica's value examination focuses on studying past and present price action to predict the probability of Companhia Energetica'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 Energetica's price. Additionally, you may evaluate how the addition of Companhia Energetica to your portfolios can decrease your overall portfolio volatility.
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Is Companhia Energetica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Energetica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Energetica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.341
Dividend Share
1.42
Earnings Share
0.45
Revenue Per Share
16.746
Quarterly Revenue Growth
0.021
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.