Centor Energy Stock Probability of Future Stock Price Finishing Over 0.00
Centor Energy's future price is the expected price of Centor Energy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Centor Energy performance during a given time horizon utilizing its historical volatility. Check out Centor Energy Backtesting, Centor Energy Valuation, Centor Energy Correlation, Centor Energy Hype Analysis, Centor Energy Volatility, Centor Energy History as well as Centor Energy Performance. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.
Please specify Centor Energy's target price for which you would like Centor Energy odds to be computed.
Centor |
Centor Energy Target Price Odds to finish over 0.00
The tendency of Centor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.00 | 90 days | 0.00 | about 50.0 |
Based on a normal probability distribution, the odds of Centor Energy to move above the current price in 90 days from now is about 50.0 (This Centor Energy probability density function shows the probability of Centor Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Centor Energy has a beta of -42.4 suggesting as returns on its benchmark rise, returns on holding Centor Energy are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Centor Energy is expected to outperform its benchmark. In addition to that Centor Energy has an alpha of 18.5776, implying that it can generate a 18.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centor Energy Price Density |
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Predictive Modules for Centor Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centor Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centor Energy'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.
Centor Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centor Energy is not an exception. The market had few large corrections towards the Centor Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Centor Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centor Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 18.58 | |
β | Beta against Dow Jones | -42.4 | |
σ | Overall volatility | 0.000001 | |
Ir | Information ratio | 0.13 |
Centor Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Centor Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centor Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centor Energy generated a negative expected return over the last 90 days | |
| Centor Energy has some characteristics of a very speculative penny stock | |
| Centor Energy has a very high chance of going through financial distress in the upcoming years | |
| Centor Energy currently holds 197.47 K in liabilities. Centor Energy has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Centor Energy's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (87.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Centor Energy currently holds about 11.53 K in cash with (36.92 K) of positive cash flow from operations. | |
| Centor Energy has a very weak financial position based on the latest SEC disclosures |
Centor Energy Technical Analysis
Centor Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Centor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centor Energy. In general, you should focus on analyzing Centor Stock price patterns and their correlations with different microeconomic environments and drivers.
Centor Energy Predictive Forecast Models
Centor Energy's time-series forecasting models is one of many Centor Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Centor Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Centor Energy
Checking the ongoing alerts about Centor Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centor Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centor Energy generated a negative expected return over the last 90 days | |
| Centor Energy has some characteristics of a very speculative penny stock | |
| Centor Energy has a very high chance of going through financial distress in the upcoming years | |
| Centor Energy currently holds 197.47 K in liabilities. Centor Energy has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Centor Energy's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (87.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Centor Energy currently holds about 11.53 K in cash with (36.92 K) of positive cash flow from operations. | |
| Centor Energy has a very weak financial position based on the latest SEC disclosures |
Check out Centor Energy Backtesting, Centor Energy Valuation, Centor Energy Correlation, Centor Energy Hype Analysis, Centor Energy Volatility, Centor Energy History as well as Centor Energy Performance. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Diversified Metals & Mining space 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 Centor Energy. If investors know Centor 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 Centor Energy 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 Centor Energy is measured differently than its book value, which is the value of Centor that is recorded on the company's balance sheet. Investors also form their own opinion of Centor Energy's value that differs from its market value or its book value, called intrinsic value, which is Centor Energy'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 Centor Energy's market value can be influenced by many factors that don't directly affect Centor Energy'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 Centor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centor Energy'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.