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CIG
Price
$2.06
Change
-$0.01 (-0.48%)
Updated
Nov 15 closing price
123 days until earnings call
ELP
Price
$6.55
Change
-$0.03 (-0.46%)
Updated
Nov 15 closing price
130 days until earnings call
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CIG vs ELP

Header iconCIG vs ELP Comparison
Open Charts CIG vs ELPBanner chart's image
Companhia Energetica De Minas Gerais-CEMIG
Price$2.06
Change-$0.01 (-0.48%)
Volume$2.34M
CapitalizationN/A
Companhia Paranaense de Energia - COPEL
Price$6.55
Change-$0.03 (-0.46%)
Volume$213.91K
CapitalizationN/A
CIG vs ELP Comparison Chart
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CIG
Daily Signalchanged days ago
Gain/Loss if shorted
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ELP
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CIG vs. ELP commentary
Nov 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CIG is a Hold and ELP is a Sell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (CIG: $2.06 vs. ELP: $6.55)
Brand notoriety: CIG and ELP are both not notable
Both companies represent the Electric Utilities industry
Current volume relative to the 65-day Moving Average: CIG: 126% vs. ELP: 66%
Market capitalization -- CIG: $5.81B vs. ELP: $5.47B
CIG [@Electric Utilities] is valued at $5.81B. ELP’s [@Electric Utilities] market capitalization is $5.47B. The market cap for tickers in the [@Electric Utilities] industry ranges from $131.17B to $0. The average market capitalization across the [@Electric Utilities] industry is $18.33B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CIG’s FA Score shows that 2 FA rating(s) are green whileELP’s FA Score has 1 green FA rating(s).

  • CIG’s FA Score: 2 green, 3 red.
  • ELP’s FA Score: 1 green, 4 red.
According to our system of comparison, CIG is a better buy in the long-term than ELP.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CIG’s TA Score shows that 5 TA indicator(s) are bullish while ELP’s TA Score has 5 bullish TA indicator(s).

  • CIG’s TA Score: 5 bullish, 5 bearish.
  • ELP’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, ELP is a better buy in the short-term than CIG.

Price Growth

CIG (@Electric Utilities) experienced а +6.19% price change this week, while ELP (@Electric Utilities) price change was +0.31% for the same time period.

The average weekly price growth across all stocks in the @Electric Utilities industry was +0.29%. For the same industry, the average monthly price growth was -1.13%, and the average quarterly price growth was +7.30%.

Reported Earning Dates

CIG is expected to report earnings on Mar 20, 2025.

ELP is expected to report earnings on Mar 27, 2025.

Industries' Descriptions

@Electric Utilities (+0.29% weekly)

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CIG($5.81B) has a higher market cap than ELP($5.48B). ELP has higher P/E ratio than CIG: ELP (12.95) vs CIG (5.23). CIG YTD gains are higher at: 75.054 vs. ELP (-21.080). CIG has higher annual earnings (EBITDA): 10B vs. ELP (3.44B). CIG has higher revenues than ELP: CIG (35.9B) vs ELP (22.6B).
CIGELPCIG / ELP
Capitalization5.81B5.48B106%
EBITDA10B3.44B291%
Gain YTD75.054-21.080-356%
P/E Ratio5.2312.9540%
Revenue35.9B22.6B159%
Total CashN/A5.6B-
Total DebtN/A15.4B-
FUNDAMENTALS RATINGS
CIG vs ELP: Fundamental Ratings
CIG
ELP
OUTLOOK RATING
1..100
4254
VALUATION
overvalued / fair valued / undervalued
1..100
14
Undervalued
45
Fair valued
PROFIT vs RISK RATING
1..100
427
SMR RATING
1..100
4168
PRICE GROWTH RATING
1..100
4076
P/E GROWTH RATING
1..100
61100
SEASONALITY SCORE
1..100
5085

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CIG's Valuation (14) in the Electric Utilities industry is in the same range as ELP (45). This means that CIG’s stock grew similarly to ELP’s over the last 12 months.

CIG's Profit vs Risk Rating (4) in the Electric Utilities industry is in the same range as ELP (27). This means that CIG’s stock grew similarly to ELP’s over the last 12 months.

CIG's SMR Rating (41) in the Electric Utilities industry is in the same range as ELP (68). This means that CIG’s stock grew similarly to ELP’s over the last 12 months.

CIG's Price Growth Rating (40) in the Electric Utilities industry is somewhat better than the same rating for ELP (76). This means that CIG’s stock grew somewhat faster than ELP’s over the last 12 months.

CIG's P/E Growth Rating (61) in the Electric Utilities industry is somewhat better than the same rating for ELP (100). This means that CIG’s stock grew somewhat faster than ELP’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CIGELP
RSI
ODDS (%)
Bullish Trend 3 days ago
79%
Bullish Trend 3 days ago
62%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
77%
Bullish Trend 3 days ago
70%
Momentum
ODDS (%)
Bullish Trend 3 days ago
77%
Bullish Trend 3 days ago
67%
MACD
ODDS (%)
Bullish Trend 3 days ago
81%
Bullish Trend 3 days ago
73%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
78%
Bullish Trend 3 days ago
67%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
73%
Bearish Trend 3 days ago
66%
Advances
ODDS (%)
Bullish Trend 4 days ago
76%
N/A
Declines
ODDS (%)
Bearish Trend 10 days ago
67%
Bearish Trend 5 days ago
65%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
63%
Bullish Trend 3 days ago
78%
Aroon
ODDS (%)
Bearish Trend 3 days ago
63%
Bearish Trend 3 days ago
61%
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CIG
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
ELP
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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CIG and

Correlation & Price change

A.I.dvisor indicates that over the last year, CIG has been closely correlated with EBR. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if CIG jumps, then EBR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CIG
1D Price
Change %
CIG100%
-0.48%
EBR - CIG
81%
Closely correlated
+0.32%
ELP - CIG
46%
Loosely correlated
-0.46%
BKH - CIG
27%
Poorly correlated
+0.10%
ENIC - CIG
27%
Poorly correlated
-1.09%
NGG - CIG
25%
Poorly correlated
+0.61%
More

ELP and

Correlation & Price change

A.I.dvisor indicates that over the last year, ELP has been closely correlated with EBR. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if ELP jumps, then EBR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ELP
1D Price
Change %
ELP100%
-0.46%
EBR - ELP
74%
Closely correlated
+0.32%
CIG - ELP
66%
Closely correlated
-0.48%
DUK - ELP
34%
Loosely correlated
+2.31%
SSEZY - ELP
33%
Poorly correlated
-0.19%
ENLAY - ELP
30%
Poorly correlated
+0.85%
More