Century Casinos Stock Forecast - Relative Strength Index

CNTY Stock  USD 4.39  0.03  0.68%   
Century Stock Forecast is based on your current time horizon.
  
At this time, Century Casinos' Inventory Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 0.90 in 2024, whereas Payables Turnover is likely to drop 13.70 in 2024. . Net Income Applicable To Common Shares is likely to rise to about 7.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 23.7 M in 2024.
Century Casinos has current Relative Strength Index of 80.37.
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Century Casinos Trading Date Momentum

On November 25 2024 Century Casinos was traded for  4.39  at the closing time. The top price for the day was 4.47  and the lowest listed price was  4.32 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.23% .
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Other Forecasting Options for Century Casinos

For every potential investor in Century, whether a beginner or expert, Century Casinos' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Century Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Century. Basic forecasting techniques help filter out the noise by identifying Century Casinos' price trends.

Century Casinos Related Equities

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 Century Casinos stock to make a market-neutral strategy. Peer analysis of Century Casinos could also be used in its relative valuation, which is a method of valuing Century Casinos by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Century Casinos Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Century Casinos' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Century Casinos' current price.

Century Casinos Market Strength Events

Market strength indicators help investors to evaluate how Century Casinos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Century Casinos shares will generate the highest return on investment. By undertsting and applying Century Casinos stock market strength indicators, traders can identify Century Casinos entry and exit signals to maximize returns.

Century Casinos Risk Indicators

The analysis of Century Casinos' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Century Casinos' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting century stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Century Stock Analysis

When running Century Casinos' price analysis, check to measure Century Casinos' 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 Century Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.