Centor Net Income Per E B T from 2010 to 2024
Centor Energy Net Income Per E B T yearly trend continues to be very stable with very little volatility. Net Income Per E B T is likely to drop to 0.89. During the period from 2010 to 2024, Centor Energy Net Income Per E B T quarterly data regression pattern had sample variance of 0.07 and median of 1.44. View All Fundamentals
Check out the analysis of Centor Energy Correlation against competitors. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.
Net Income Per E B T | First Reported 2010-12-31 | Previous Quarter 1.3 | Current Value 0.89 | Quarterly Volatility 0.25513162 |
Check Centor Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centor Energy's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 30.5 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Centor financial statements analysis is a perfect complement when working with Centor Energy Valuation or Volatility modules.
Centor | Net Income Per E B T |
Pair Trading with Centor Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centor Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centor Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Centor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centor Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centor Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centor Energy to buy it.
The correlation of Centor Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centor Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centor Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Centor Energy Correlation against competitors. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centor Energy. If investors know Centor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centor Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (6.09) |
The market value of Centor Energy is measured differently than its book value, which is the value of Centor that is recorded on the company's balance sheet. Investors also form their own opinion of Centor Energy's value that differs from its market value or its book value, called intrinsic value, which is Centor Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centor Energy's market value can be influenced by many factors that don't directly affect Centor Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centor Energy's 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.