Centamin PLC Stock Forecast - Daily Balance Of Power
| CEY Stock | 146.00 2.00 1.39% |
Centamin Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Centamin PLC stock prices and determine the direction of Centamin PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Centamin PLC's historical fundamentals, such as revenue growth or operating cash flow patterns.
Centamin |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.57) | 0.7641 |
| Check Centamin PLC Volatility | Backtest Centamin PLC | Trend Details |
Centamin PLC Trading Date Momentum
| On October 02 2024 Centamin PLC was traded for 149.20 at the closing time. The highest price during the trading period was 151.70 and the lowest recorded bid was listed for 147.50 . The volume for the day was 3.8 M. This history from October 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.13% . The overall trading delta to the current price is 1.46% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Centamin PLC to competition
Centamin PLC 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 Centamin PLC stock to make a market-neutral strategy. Peer analysis of Centamin PLC could also be used in its relative valuation, which is a method of valuing Centamin PLC by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Centamin PLC Market Strength Events
Market strength indicators help investors to evaluate how Centamin PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centamin PLC shares will generate the highest return on investment. By undertsting and applying Centamin PLC stock market strength indicators, traders can identify Centamin PLC entry and exit signals to maximize returns.
Centamin PLC Risk Indicators
The analysis of Centamin PLC'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 Centamin PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting centamin 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.
| Mean Deviation | 1.95 | |||
| Semi Deviation | 1.78 | |||
| Standard Deviation | 3.46 | |||
| Variance | 11.97 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 3.16 | |||
| Expected Short fall | (2.42) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Centamin Stock
Centamin PLC financial ratios help investors to determine whether Centamin 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 Centamin with respect to the benefits of owning Centamin PLC security.