Centum Electronics (India) Price on October 1, 2024
CENTUM Stock | 1,613 43.15 2.75% |
If you're considering investing in Centum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Centum Electronics stands at 1,613, as last reported on the 3rd of December, with the highest price reaching 1,630 and the lowest price hitting 1,565 during the day. Centum Electronics secures Sharpe Ratio (or Efficiency) of -0.0782, which signifies that the company had a -0.0782% return per unit of risk over the last 3 months. Centum Electronics Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centum Electronics' Mean Deviation of 1.78, standard deviation of 2.64, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Centum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Centum |
Sharpe Ratio = -0.0782
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Centum Electronics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Centum Electronics by adding Centum Electronics to a well-diversified portfolio.
Centum Electronics Valuation on October 1, 2024
It is possible to determine the worth of Centum Electronics on a given historical date. On October 1, 2024 Centum was worth 1831.8 at the beginning of the trading date compared to the closed value of 1867.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centum Electronics stock. Still, in general, we apply an absolute valuation method to find Centum Electronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Centum Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centum Electronics' related companies.
Open | High | Low | Close | Volume | |
1,859 | 1,862 | 1,764 | 1,823 | 15,303 | |
10/01/2024 | 1,832 | 1,883 | 1,801 | 1,867 | 9,105 |
1,808 | 1,929 | 1,808 | 1,880 | 22,714 |
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Centum Electronics Trading Date Momentum on October 1, 2024
On October 03 2024 Centum Electronics Limited was traded for 1,880 at the closing time. The highest price during the trading period was 1,929 and the lowest recorded bid was listed for 1,808 . The volume for the day was 22.7 K. This history from October 3, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.71% . The overall trading delta to the current price is 3.60% . |
Centum Electronics Fundamentals Correlations and Trends
By evaluating Centum Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Centum Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Centum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Centum Electronics Stock history
Centum Electronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Centum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centum Electronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Centum Electronics stock prices may prove useful in developing a viable investing in Centum Electronics
Centum Electronics Stock Technical Analysis
Centum Electronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Centum Electronics Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Centum Electronics Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Centum Electronics December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Centum Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centum Electronics shares will generate the highest return on investment. By undertsting and applying Centum Electronics stock market strength indicators, traders can identify Centum Electronics Limited entry and exit signals to maximize returns
Centum Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centum Electronics' price direction in advance. Along with the technical and fundamental analysis of Centum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | 1.2 |
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Complementary Tools for Centum Stock analysis
When running Centum Electronics' price analysis, check to measure Centum Electronics' 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 Centum Electronics is operating at the current time. Most of Centum Electronics' value examination focuses on studying past and present price action to predict the probability of Centum Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centum Electronics' price. Additionally, you may evaluate how the addition of Centum Electronics to your portfolios can decrease your overall portfolio volatility.
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