Centrus Energy Stock Probability of Future Stock Price Finishing Under 74.54
| LEU Stock | USD 72.42 2.12 2.84% |
Centrus |
Centrus Energy Target Price Odds to finish below 74.54
The tendency of Centrus 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 stay under $ 74.54 after 90 days |
| 72.42 | 90 days | 74.54 | about 52.77 |
Based on a normal probability distribution, the odds of Centrus Energy to stay under $ 74.54 after 90 days from now is about 52.77 (This Centrus Energy probability density function shows the probability of Centrus Stock to fall within a particular range of prices over 90 days) . Probability of Centrus Energy price to stay between its current price of $ 72.42 and $ 74.54 at the end of the 90-day period is nearly 4.77 .
Considering the 90-day investment horizon the stock has the beta coefficient of 4.36 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Centrus Energy will likely underperform. Additionally Centrus Energy has an alpha of 0.8477, implying that it can generate a 0.85 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centrus Energy Price Density |
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Predictive Modules for Centrus 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 Centrus 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 Centrus 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.
Centrus Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centrus Energy is not an exception. The market had few large corrections towards the Centrus 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 Centrus Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centrus Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.85 | |
β | Beta against Dow Jones | 4.36 | |
σ | Overall volatility | 17.70 | |
Ir | Information ratio | 0.14 |
Centrus 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 Centrus Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centrus 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.| Centrus Energy is way too risky over 90 days horizon | |
| Centrus Energy appears to be risky and price may revert if volatility continues | |
| Centrus Energy is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: LIS Technologies and NANO Nuclear Energy are One of Six Awarded U.S. Department of Energy Contracts as Part of Low-Enriched Uranium Acquisition Program with An Aggregate Appropriation of 3.4 Billion Over 10 years |
Centrus Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Centrus Stock often depends not only on the future outlook of the current and potential Centrus Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Centrus Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.5 M | |
| Cash And Short Term Investments | 201.2 M |
Centrus Energy Technical Analysis
Centrus Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Centrus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centrus Energy. In general, you should focus on analyzing Centrus Stock price patterns and their correlations with different microeconomic environments and drivers.
Centrus Energy Predictive Forecast Models
Centrus Energy's time-series forecasting models is one of many Centrus 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 Centrus 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 Centrus Energy
Checking the ongoing alerts about Centrus Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centrus Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centrus Energy is way too risky over 90 days horizon | |
| Centrus Energy appears to be risky and price may revert if volatility continues | |
| Centrus Energy is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: LIS Technologies and NANO Nuclear Energy are One of Six Awarded U.S. Department of Energy Contracts as Part of Low-Enriched Uranium Acquisition Program with An Aggregate Appropriation of 3.4 Billion Over 10 years |
Additional Tools for Centrus Stock Analysis
When running Centrus Energy's price analysis, check to measure Centrus Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centrus Energy is operating at the current time. Most of Centrus Energy's value examination focuses on studying past and present price action to predict the probability of Centrus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrus Energy's price. Additionally, you may evaluate how the addition of Centrus Energy to your portfolios can decrease your overall portfolio volatility.