Century Global Stock Forecast - Price Action Indicator

CNT Stock  CAD 0.03  0.00  0.00%   
Century Stock Forecast is based on your current time horizon. Although Century Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Century Global's systematic risk associated with finding meaningful patterns of Century Global fundamentals over time.
  
At this time, Century Global's Inventory Turnover is very stable compared to the past year. As of the 12th of December 2024, Receivables Turnover is likely to grow to 6.51, while Payables Turnover is likely to drop 5.32. . As of the 12th of December 2024, Common Stock Shares Outstanding is likely to drop to about 98.1 M. In addition to that, Net Loss is likely to drop to about (2 M).
Century Global Commodities has current Price Action Indicator of 0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Century Global Trading Date Momentum

On December 12 2024 Century Global Commodities was traded for  0.03  at the closing time. The maximum traded price for the trading interval was 0.03  and the lowest daily price was  0.03 . There was no trading activity during the period 0.0. Lack of trading volume on 12th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Century Global

For every potential investor in Century, whether a beginner or expert, Century Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Century Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Century. Basic forecasting techniques help filter out the noise by identifying Century Global's price trends.

Century Global Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Century Global stock to make a market-neutral strategy. Peer analysis of Century Global could also be used in its relative valuation, which is a method of valuing Century Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Century Global Commo Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Century Global's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Century Global's current price.

Century Global Market Strength Events

Market strength indicators help investors to evaluate how Century Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Century Global shares will generate the highest return on investment. By undertsting and applying Century Global stock market strength indicators, traders can identify Century Global Commodities entry and exit signals to maximize returns.

Century Global Risk Indicators

The analysis of Century Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Century Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting century stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Pair Trading with Century Global

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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.

Moving against Century Stock

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The ability to find closely correlated positions to Century Global 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 Global 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 Global - 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 Global Commodities to buy it.
The correlation of Century Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Global Commo 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 Global 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Century Stock

Century Global 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 Global security.