Companhia De Saneamento Stock Technical Analysis
| SBS Stock | USD 16.90 0.24 1.44% |
As of the 17th of November 2024, Companhia shows the Risk Adjusted Performance of (0.04), mean deviation of 1.13, and Standard Deviation of 1.48. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Companhia, as well as the relationship between them. Please confirm Companhia de Saneamento information ratio and skewness to decide if Companhia de Saneamento is priced correctly, providing market reflects its regular price of 16.9 per share. Given that Companhia has information ratio of (0.13), we suggest you to validate Companhia de Saneamento's prevailing market performance to make sure the company can sustain itself at a future point.
Companhia 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 CompanhiaCompanhia |
Companhia Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.08 | Strong Buy | 5 | Odds |
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 de Saneamento, talking to its executives and customers, or listening to Companhia conference calls.
Companhia 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.
Companhia de Saneamento Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 de Saneamento volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Companhia de Saneamento Trend Analysis
Use this graph to draw trend lines for Companhia de Saneamento. You can use it to identify possible trend reversals for Companhia 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Companhia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Companhia de Saneamento applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Companhia de Saneamento will continue to fail. It has 122 observation points and a regression sum of squares at 22.63, which is the sum of squared deviations for the predicted Companhia price change compared to its average price change.About Companhia 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 de Saneamento 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 de Saneamento based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Companhia de Saneamento price pattern first instead of the macroeconomic environment surrounding Companhia de Saneamento. By analyzing Companhia'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'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 specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009096 | 0.0157 | 0.0163 | 0.0248 | Price To Sales Ratio | 1.43 | 1.75 | 1.98 | 1.01 |
Companhia November 17, 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.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (1.38) | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | (1,704) | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.2 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (1.39) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.47 | |||
| Skewness | (0.17) | |||
| Kurtosis | 0.6048 |
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.