Cia DE Stock Market Value

SBS
 Stock
  

USD 9.24  0.75  8.83%   

Cia DE's market value is the price at which a share of Cia DE stock trades on a public exchange. It measures the collective expectations of Cia DE Saneamento investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Cia DE Saneamento and determine expected loss or profit from investing in Cia DE over a given investment horizon. Additionally, take a look at Cia DE Correlation, Cia DE Volatility and Cia DE Alpha and Beta module to complement your research on Cia DE.
Symbol


Is Cia DE'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 Cia DE. If investors know Cia DE 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 Cia DE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cia DE Saneamento is measured differently than its book value, which is the value of Cia DE that is recorded on the company's balance sheet. Investors also form their own opinion of Cia DE's value that differs from its market value or its book value, called intrinsic value, which is Cia DE'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 Cia DE's market value can be influenced by many factors that don't directly affect Cia DE'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 Cia DE's value and its price as these two are different measures arrived at by different means. Investors typically determine Cia DE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cia DE'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.

Cia DE 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cia DE's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cia DE.
0.00
11/09/2020
No Change 0.00  0.0 
In 1 year 10 months and 22 days
09/30/2022
0.00
If you would invest  0.00  in Cia DE on November 9, 2020 and sell it all today you would earn a total of 0.00 from holding Cia DE Saneamento or generate 0.0% return on investment in Cia DE over 690 days. Cia DE is related to or competes with Amazon. Companhia de Saneamento Bsico do Estado de So Paulo SABESP provides water and sewage services to residential, commercial... More

Cia DE Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cia DE's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cia DE Saneamento upside and downside potential and time the market with a certain degree of confidence.

Cia DE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cia DE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cia DE's standard deviation. In reality, there are many statistical measures that can use Cia DE historical prices to predict the future Cia DE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cia DE's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Cia DE in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.489.3312.18
Details
Intrinsic
Valuation
LowReal ValueHigh
6.369.2112.06
Details
Naive
Forecast
LowNext ValueHigh
5.298.1411.00
Details
2 Analysts
Consensus
LowTarget PriceHigh
8.609.3010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cia DE. Your research has to be compared to or analyzed against Cia DE's peers to derive any actionable benefits. When done correctly, Cia DE's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cia DE Saneamento.

Cia DE Saneamento Backtested Returns

Cia DE appears to be somewhat reliable, given 3 months investment horizon. Cia DE Saneamento secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Cia DE Saneamento, which you can use to evaluate the future volatility of the firm. Please makes use of Cia DE's mean deviation of 2.06, and Risk Adjusted Performance of 0.0646 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Cia DE holds a performance score of 9. The firm shows a Beta (market volatility) of 1.0553, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cia DE's beta means in this case. Cia DE returns are very sensitive to returns on the market. As the market goes up or down, Cia DE is expected to follow. Although it is vital to follow Cia DE Saneamento historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Cia DE Saneamento technical indicators, you can presently evaluate if the expected return of 0.34% will be sustainable into the future. Please makes use of Cia DE Saneamento value at risk, and the relationship between the jensen alpha and skewness to make a quick decision on whether Cia DE price patterns will revert.

Auto-correlation

    
  -0.33  

Poor reverse predictability

Cia DE Saneamento has poor reverse predictability. Overlapping area represents the amount of predictability between Cia DE time series from 9th of November 2020 to 20th of October 2021 and 20th of October 2021 to 30th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cia DE Saneamento price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Cia DE price fluctuation can be explain by its past prices.
Correlation Coefficient-0.33
Spearman Rank Test-0.45
Residual Average0.0
Price Variance1.67

Cia DE Saneamento lagged returns against current returns

Autocorrelation, which is Cia DE stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cia DE's stock expected returns. We can calculate the autocorrelation of Cia DE returns to help us make a trade decision. For example, suppose you find that Cia DE stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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Cia DE regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cia DE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cia DE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cia DE stock over time.
   Current vs Lagged Prices   
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       Timeline  

Cia DE Lagged Returns

When evaluating Cia DE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cia DE stock have on its future price. Cia DE autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cia DE autocorrelation shows the relationship between Cia DE stock current value and its past values and can show if there is a momentum factor associated with investing in Cia DE Saneamento.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cia DE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cia DE's short interest history, or implied volatility extrapolated from Cia DE options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Cia DE Correlation, Cia DE Volatility and Cia DE Alpha and Beta module to complement your research on Cia DE. Note that the Cia DE Saneamento information on this page should be used as a complementary analysis to other Cia DE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Cia DE Stock analysis

When running Cia DE Saneamento price analysis, check to measure Cia DE'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 Cia DE is operating at the current time. Most of Cia DE's value examination focuses on studying past and present price action to predict the probability of Cia DE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cia DE's price. Additionally, you may evaluate how the addition of Cia DE to your portfolios can decrease your overall portfolio volatility.
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Cia DE 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 Cia DE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cia DE 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...