Centurion Acquisition Corp Stock Probability of Future Stock Price Finishing Over 10.21
| ALF Stock | USD 10.04 0.01 0.1% |
Centurion |
Centurion Acquisition Target Price Odds to finish over 10.21
The tendency of Centurion Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 10.21 or more in 90 days |
| 10.04 | 90 days | 10.21 | near 1 |
Based on a normal probability distribution, the odds of Centurion Acquisition to move over $ 10.21 or more in 90 days from now is near 1 (This Centurion Acquisition Corp probability density function shows the probability of Centurion Stock to fall within a particular range of prices over 90 days) . Probability of Centurion Acquisition price to stay between its current price of $ 10.04 and $ 10.21 at the end of the 90-day period is about 13.77 .
Considering the 90-day investment horizon Centurion Acquisition Corp has a beta of -0.0486. This suggests as returns on the benchmark increase, returns on holding Centurion Acquisition are expected to decrease at a much lower rate. During a bear market, however, Centurion Acquisition Corp is likely to outperform the market. Additionally Centurion Acquisition Corp has an alpha of 0.0021, implying that it can generate a 0.002057 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centurion Acquisition Price Density |
| Price |
Predictive Modules for Centurion Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centurion Acquisition. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Centurion Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centurion Acquisition is not an exception. The market had few large corrections towards the Centurion Acquisition's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Centurion Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centurion Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -0.74 |
Centurion Acquisition Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Centurion Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centurion Acquisition can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centurion Acquisition Corp has 85.14 K in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Centurion Acquisition has a current ratio of 0.34, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Centurion to invest in growth at high rates of return. | |
| Reported Net Loss for the year was (18.94 M) with profit before taxes, overhead, and interest of 0. | |
| Centurion Acquisition Corp has about 345.95 K in cash with (16.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Centurion Acquisition has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: First Trust Capital Management L.P. Acquires New Stake in Centurion Acquisition Corp |
Centurion Acquisition Technical Analysis
Centurion Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Centurion Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centurion Acquisition Corp. In general, you should focus on analyzing Centurion Stock price patterns and their correlations with different microeconomic environments and drivers.
Centurion Acquisition Predictive Forecast Models
Centurion Acquisition's time-series forecasting models is one of many Centurion Acquisition's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Centurion Acquisition's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Centurion Acquisition
Checking the ongoing alerts about Centurion Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centurion Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centurion Acquisition Corp has 85.14 K in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Centurion Acquisition has a current ratio of 0.34, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Centurion to invest in growth at high rates of return. | |
| Reported Net Loss for the year was (18.94 M) with profit before taxes, overhead, and interest of 0. | |
| Centurion Acquisition Corp has about 345.95 K in cash with (16.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Centurion Acquisition has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: First Trust Capital Management L.P. Acquires New Stake in Centurion Acquisition Corp |
Check out Centurion Acquisition Backtesting, Centurion Acquisition Valuation, Centurion Acquisition Correlation, Centurion Acquisition Hype Analysis, Centurion Acquisition Volatility, Centurion Acquisition History as well as Centurion Acquisition Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Trading 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 Centurion Acquisition. If investors know Centurion 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 Centurion Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centurion Acquisition is measured differently than its book value, which is the value of Centurion that is recorded on the company's balance sheet. Investors also form their own opinion of Centurion Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Centurion Acquisition'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 Centurion Acquisition's market value can be influenced by many factors that don't directly affect Centurion Acquisition'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 Centurion Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centurion Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centurion Acquisition'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.