Centerra Gold Inc. Analysts Choice for Undervalued Gold Stocks
CGAU Stock | USD 5.99 0.08 1.35% |
Slightly above 58% of all Centerra Gold's private investors are looking to take a long position. The current sentiment regarding investing in Centerra Gold stock implies that some traders are interested. Centerra Gold's investing sentiment can be driven by a variety of factors including economic data, Centerra Gold's earnings reports, geopolitical events, and overall market trends.
Centerra |
We recently published a list of 8 Most Undervalued Gold Stocks To Buy According To Analysts. In this article, we are going to take a look at where Centerra Gold Inc. stands against other most undervalued gold stocks to buy. Gold has been on a remarkable run in 2024, solidifying its place as one
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Centerra Gold Current Investor Sentiment
Panic Vs Confidence
58
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Centerra Gold's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Centerra Gold.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentWaiting |
Centerra Gold Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Centerra Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Centerra Gold Historical Investor Sentiment
Investor biases related to Centerra Gold's public news can be used to forecast risks associated with an investment in Centerra. The trend in average sentiment can be used to explain how an investor holding Centerra can time the market purely based on public headlines and social activities around Centerra Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Centerra Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Centerra Gold and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Centerra Gold news discussions. The higher the estimate score, the more favorable the investor's outlook on Centerra Gold.
Centerra Gold Fundamental Analysis
We analyze Centerra Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centerra Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centerra Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Centerra Gold is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Centerra Gold Potential Pair-trading
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 Centerra Gold stock to make a market-neutral strategy. Peer analysis of Centerra Gold could also be used in its relative valuation, which is a method of valuing Centerra Gold by comparing valuation metrics with similar companies.
Peers
Centerra Gold Related Equities
EGO | Eldorado Gold | 1.15 | ||||
SSRM | SSR Mining | 1.05 | ||||
SA | Seabridge Gold | 0.70 | ||||
SAND | Sandstorm Gold | 0.52 | ||||
AGI | Alamos Gold | 0.38 | ||||
FNV | Franco Nevada | 0.32 | ||||
RGLD | Royal Gold | 0.44 | ||||
FSM | Fortuna Silver | 0.62 | ||||
OR | Osisko Gold | 0.67 | ||||
GFI | Gold Fields | 1.02 | ||||
DRD | DRDGOLD Limited | 1.86 |
Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.