Century Financial Statements From 2010 to 2024
| CENI Stock | 36.80 0.69 1.84% |
Check Century Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Century Insurance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Century financial statements analysis is a perfect complement when working with Century Insurance Valuation or Volatility modules.
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About Century Insurance Financial Statements
Century Insurance stakeholders use historical fundamental indicators, such as Century Insurance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Century Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Century Insurance's assets and liabilities are reflected in the revenues and expenses on Century Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Century Insurance. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Century Insurance
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Century Insurance position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Century Insurance will appreciate offsetting losses from the drop in the long position's value.Moving together with Century Stock
Moving against Century Stock
The ability to find closely correlated positions to Century Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Insurance when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Insurance - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Insurance to buy it.
The correlation of Century Insurance is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Insurance moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Century Insurance can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Century Stock
Century Insurance financial ratios help investors to determine whether Century Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Century with respect to the benefits of owning Century Insurance security.