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EBR
Stock ticker: NYSE
AS OF
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Capitalization
19.2B

EBR Centrais Eletricas Brasileiras SA- Eletrobras Forecast, Technical & Fundamental Analysis

a company which engages in electricity generation, transmission and distribution

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for EBR with price predictions
07:00 PM EST Nov 30, 2023

EBR in upward trend: 10-day moving average crossed above 50-day moving average on November 06, 2023

The 10-day moving average for EBR crossed bullishly above the 50-day moving average on November 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on EBR as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

EBR moved above its 50-day moving average on November 01, 2023 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for EBR moved above the 200-day moving average on November 16, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EBR advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 198 cases where EBR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for EBR moved out of overbought territory on November 29, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where EBR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EBR turned negative on December 01, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EBR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EBR broke above its upper Bollinger Band on November 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EBR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.818) is normal, around the industry mean (2.674). P/E Ratio (23.866) is within average values for comparable stocks, (88.974). EBR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.584). Dividend Yield (0.005) settles around the average of (0.049) among similar stocks. P/S Ratio (2.552) is also within normal values, averaging (30.927).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Highlights

Industry description

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

Market Cap

The average market capitalization across the Alternative Power Generation Industry is 5.31B. The market cap for tickers in the group ranges from 10 to 118.24B. REOVF holds the highest valuation in this group at 118.24B. The lowest valued company is CDVM at 10.

High and low price notable news

The average weekly price growth across all stocks in the Alternative Power Generation Industry was 0%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 1%. HTOO experienced the highest price growth at 75%, while FNEC experienced the biggest fall at -85%.

Volume

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was 241%. For the same stocks of the Industry, the average monthly volume growth was -6% and the average quarterly volume growth was 18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 69
P/E Growth Rating: 66
Price Growth Rating: 52
SMR Rating: 75
Profit Risk Rating: 85
Seasonality Score: 21 (-100 ... +100)
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A.I. Advisor
published Earnings

EBR is expected to report earnings to rise 30.60% to 16 cents per share on March 25

Centrais Eletricas Brasileiras SA- Eletrobras EBR Stock Earnings Reports
Q4'23
Est.
$0.16
Q3'23
Missed
by $0.04
Q2'23
Est.
$0.17
Q1'23
Beat
by $0.01
Q4'22
Est.
$0.05
The last earnings report on November 08 showed earnings per share of 12 cents, missing the estimate of 15 cents. With 903.83K shares outstanding, the current market capitalization sits at 19.20B.
A.I.Advisor
published Dividends

EBR paid dividends on September 07, 2021

Centrais Eletricas Brasileiras SA- Eletrobras EBR Stock Dividends
А dividend of $0.18 per share was paid with a record date of September 07, 2021, and an ex-dividend date of May 12, 2021. Read more...
A.I. Advisor
published General Information

General Information

a company which engages in electricity generation, transmission and distribution

Industry AlternativePowerGeneration

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
Rua da Quitanda 196
Phone
+55 2125144637
Employees
9670
Web
https://www.eletrobras.com
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EBR and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EBR
1D Price
Change %
EBR100%
+1.21%
CIG - EBR
81%
Closely correlated
+0.45%
ELP - EBR
73%
Closely correlated
-0.94%
PAM - EBR
39%
Loosely correlated
-2.79%
CWEN - EBR
34%
Loosely correlated
+1.04%
CEPU - EBR
33%
Poorly correlated
-6.56%
More

Groups containing EBR

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EBR
1D Price
Change %
EBR100%
+1.21%
EBR
(undefined stocks)
94%
Closely correlated
+0.24%
bric
(undefined stocks)
57%
Loosely correlated
+2.08%
electricity transmission
(undefined stocks)
39%
Loosely correlated
+1.15%
Utilities
(undefined stocks)
37%
Loosely correlated
+0.84%
electric power
(undefined stocks)
35%
Loosely correlated
+1.65%
More