Century Global Commodities Stock Market Value
| CNT Stock | CAD 0.03 0.00 0.00% |
| Symbol | Century |
Century Global Commo Price To Book Ratio
Century Global '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 Century Global's 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 Century Global.
| 10/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in Century Global on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Century Global Commodities or generate 0.0% return on investment in Century Global over 60 days. Century Global is related to or competes with Loncor Resources, and Quartz Mountain. Century Global Commodities Corporation, together with its subsidiaries, explores and develops mineral properties in Cana... More
Century Global 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 Century Global's 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 Century Global Commodities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0025 | |||
| Maximum Drawdown | 58.33 |
Century Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Century Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Century Global's standard deviation. In reality, there are many statistical measures that can use Century Global historical prices to predict the future Century Global's volatility.| Risk Adjusted Performance | 0.0272 | |||
| Jensen Alpha | 0.0263 | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.1335 |
Century Global Commo Backtested Returns
As of now, Century Stock is out of control. Century Global Commo secures Sharpe Ratio (or Efficiency) of 0.025, which signifies that the company had a 0.025% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Century Global Commodities, which you can use to evaluate the volatility of the firm. Please confirm Century Global's Risk Adjusted Performance of 0.0272, standard deviation of 5.17, and Mean Deviation of 1.01 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Century Global has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.87, which signifies possible diversification benefits within a given portfolio. Century Global returns are very sensitive to returns on the market. As the market goes up or down, Century Global is expected to follow. Century Global Commo right now shows a risk of 5.29%. Please confirm Century Global Commo variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Century Global Commo will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Century Global Commodities has no correlation between past and present. Overlapping area represents the amount of predictability between Century Global time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Century Global Commo price movement. The serial correlation of 0.0 indicates that just 0.0% of current Century Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Century Global Commo lagged returns against current returns
Autocorrelation, which is Century Global 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 Century Global's stock expected returns. We can calculate the autocorrelation of Century Global returns to help us make a trade decision. For example, suppose you find that Century Global 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 |
Century Global 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 Century Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Century Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Century Global stock over time.
Current vs Lagged Prices |
| Timeline |
Century Global Lagged Returns
When evaluating Century Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Century Global stock have on its future price. Century Global 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, Century Global autocorrelation shows the relationship between Century Global stock current value and its past values and can show if there is a momentum factor associated with investing in Century Global Commodities.
Regressed Prices |
| Timeline |
Other Information on Investing in Century Stock
Century Global financial ratios help investors to determine whether Century 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 Century with respect to the benefits of owning Century Global security.