Centric Holdings (Greece) Probability of Future Stock Price Finishing Over 0.33
| CENTR Stock | EUR 0.33 0.01 2.94% |
Centric |
Centric Holdings Target Price Odds to finish over 0.33
The tendency of Centric 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 above the current price in 90 days |
| 0.33 | 90 days | 0.33 | about 82.05 |
Based on a normal probability distribution, the odds of Centric Holdings to move above the current price in 90 days from now is about 82.05 (This Centric Holdings SA probability density function shows the probability of Centric Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Centric Holdings SA has a beta of -0.0762 suggesting as returns on the benchmark increase, returns on holding Centric Holdings are expected to decrease at a much lower rate. During a bear market, however, Centric Holdings SA is likely to outperform the market. Additionally Centric Holdings SA has an alpha of 0.0078, implying that it can generate a 0.007794 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centric Holdings Price Density |
| Price |
Predictive Modules for Centric Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centric Holdings. 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.Centric Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centric Holdings is not an exception. The market had few large corrections towards the Centric Holdings' 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 Centric Holdings SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centric Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.09 |
Centric Holdings 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 Centric Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centric Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centric Holdings generated a negative expected return over the last 90 days | |
| Centric Holdings has some characteristics of a very speculative penny stock | |
| About 60.0% of the company shares are held by company insiders |
Centric Holdings 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 Centric Stock often depends not only on the future outlook of the current and potential Centric Holdings' 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. Centric Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Float | 35 M |
Centric Holdings Technical Analysis
Centric Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Centric Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centric Holdings SA. In general, you should focus on analyzing Centric Stock price patterns and their correlations with different microeconomic environments and drivers.
Centric Holdings Predictive Forecast Models
Centric Holdings' time-series forecasting models is one of many Centric Holdings' 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 Centric Holdings' 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 Centric Holdings
Checking the ongoing alerts about Centric Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centric Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centric Holdings generated a negative expected return over the last 90 days | |
| Centric Holdings has some characteristics of a very speculative penny stock | |
| About 60.0% of the company shares are held by company insiders |
Other Information on Investing in Centric Stock
Centric Holdings financial ratios help investors to determine whether Centric 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 Centric with respect to the benefits of owning Centric Holdings security.