CENTR Brands' market value is the price at which a share of CENTR Brands trades on a public exchange. It measures the collective expectations of CENTR Brands Corp investors about its performance. CENTR Brands is trading at 0.0506 as of the 5th of January 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0506. With this module, you can estimate the performance of a buy and hold strategy of CENTR Brands Corp and determine expected loss or profit from investing in CENTR Brands over a given investment horizon. Check out CENTR Brands Correlation, CENTR Brands Volatility and CENTR Brands Alpha and Beta module to complement your research on CENTR Brands.
Please note, there is a significant difference between CENTR Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CENTR Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CENTR Brands' 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.
CENTR Brands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CENTR Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CENTR Brands.
0.00
07/09/2024
No Change 0.00
0.0
In 5 months and 30 days
01/05/2025
0.00
If you would invest 0.00 in CENTR Brands on July 9, 2024 and sell it all today you would earn a total of 0.00 from holding CENTR Brands Corp or generate 0.0% return on investment in CENTR Brands over 180 days. CENTR Brands is related to or competes with Schnitzer Steel, United States, Japan Steel, Globex Mining, MAG SILVER, and Insteel Industries. CENTR Brands Corp. engages in the development and marketing of beverages infused with hemp-derived extracts and derivati... More
CENTR Brands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CENTR Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CENTR Brands Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for CENTR Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CENTR Brands' standard deviation. In reality, there are many statistical measures that can use CENTR Brands historical prices to predict the future CENTR Brands' volatility.
CENTR Brands is out of control given 3 months investment horizon. CENTR Brands Corp secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We were able to interpolate twenty-five different technical indicators, which can help you to evaluate if expected returns of 83.66% are justified by taking the suggested risk. Use CENTR Brands mean deviation of 170.55, and Risk Adjusted Performance of 0.2452 to evaluate company specific risk that cannot be diversified away. CENTR Brands holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -18.55, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CENTR Brands are expected to decrease by larger amounts. On the other hand, during market turmoil, CENTR Brands is expected to outperform it. Use CENTR Brands downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on CENTR Brands.
Auto-correlation
-0.08
Very weak reverse predictability
CENTR Brands Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between CENTR Brands time series from 9th of July 2024 to 7th of October 2024 and 7th of October 2024 to 5th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CENTR Brands Corp price movement. The serial correlation of -0.08 indicates that barely 8.0% of current CENTR Brands price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.08
Spearman Rank Test
-0.02
Residual Average
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Price Variance
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CENTR Brands Corp lagged returns against current returns
Autocorrelation, which is CENTR Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CENTR Brands' stock expected returns. We can calculate the autocorrelation of CENTR Brands returns to help us make a trade decision. For example, suppose you find that CENTR Brands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
CENTR Brands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CENTR Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CENTR Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CENTR Brands stock over time.
Current vs Lagged Prices
Timeline
CENTR Brands Lagged Returns
When evaluating CENTR Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CENTR Brands stock have on its future price. CENTR Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CENTR Brands autocorrelation shows the relationship between CENTR Brands stock current value and its past values and can show if there is a momentum factor associated with investing in CENTR Brands Corp.
CENTR Brands financial ratios help investors to determine whether CENTR 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 CENTR with respect to the benefits of owning CENTR Brands security.