Cenntro Electric Group Stock Probability of Future Stock Price Finishing Under 25.75
| CENN Stock | USD 1.21 0.04 3.20% |
Cenntro |
Cenntro Electric Target Price Odds to finish below 25.75
The tendency of Cenntro 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 stay under $ 25.75 after 90 days |
| 1.21 | 90 days | 25.75 | close to 99 |
Based on a normal probability distribution, the odds of Cenntro Electric to stay under $ 25.75 after 90 days from now is close to 99 (This Cenntro Electric Group probability density function shows the probability of Cenntro Stock to fall within a particular range of prices over 90 days) . Probability of Cenntro Electric price to stay between its current price of $ 1.21 and $ 25.75 at the end of the 90-day period is about 63.61 .
Given the investment horizon of 90 days Cenntro Electric has a beta of 0.15 suggesting as returns on the market go up, Cenntro Electric average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cenntro Electric Group will be expected to be much smaller as well. Additionally Cenntro Electric Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Cenntro Electric Price Density |
| Price |
Predictive Modules for Cenntro Electric
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cenntro Electric. 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.Cenntro Electric Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cenntro Electric is not an exception. The market had few large corrections towards the Cenntro Electric'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 Cenntro Electric Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cenntro Electric within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.21 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.11 |
Cenntro Electric 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 Cenntro Electric for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cenntro Electric can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cenntro Electric generated a negative expected return over the last 90 days | |
| Cenntro Electric may become a speculative penny stock | |
| Cenntro Electric has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 22.08 M. Net Loss for the year was (54.2 M) with profit before overhead, payroll, taxes, and interest of 1.5 M. | |
| Cenntro Electric Group currently holds about 182.97 M in cash with (58.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.7. | |
| Cenntro Electric has a frail financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Cenntro Third Quarter 2024 Earnings US0.29 loss per share |
Cenntro Electric Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cenntro Stock often depends not only on the future outlook of the current and potential Cenntro Electric's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cenntro Electric's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.4 M | |
| Cash And Short Term Investments | 29.4 M |
Cenntro Electric Technical Analysis
Cenntro Electric's future price can be derived by breaking down and analyzing its technical indicators over time. Cenntro Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cenntro Electric Group. In general, you should focus on analyzing Cenntro Stock price patterns and their correlations with different microeconomic environments and drivers.
Cenntro Electric Predictive Forecast Models
Cenntro Electric's time-series forecasting models is one of many Cenntro Electric'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 Cenntro Electric'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 Cenntro Electric
Checking the ongoing alerts about Cenntro Electric for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cenntro Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cenntro Electric generated a negative expected return over the last 90 days | |
| Cenntro Electric may become a speculative penny stock | |
| Cenntro Electric has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 22.08 M. Net Loss for the year was (54.2 M) with profit before overhead, payroll, taxes, and interest of 1.5 M. | |
| Cenntro Electric Group currently holds about 182.97 M in cash with (58.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.7. | |
| Cenntro Electric has a frail financial position based on the latest SEC disclosures | |
| Roughly 28.0% of the company shares are held by company insiders | |
| Latest headline from simplywall.st: Cenntro Third Quarter 2024 Earnings US0.29 loss per share |
Check out Cenntro Electric Backtesting, Cenntro Electric Valuation, Cenntro Electric Correlation, Cenntro Electric Hype Analysis, Cenntro Electric Volatility, Cenntro Electric History as well as Cenntro Electric Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Automotive Parts & Equipment 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.32) | Revenue Per Share 1.2 | Quarterly Revenue Growth 1.903 | Return On Assets (0.15) | Return On Equity (0.35) |
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.