Centuri Holdings, Stock Probability of Future Stock Price Finishing Over 30.03
| CTRI Stock | USD 20.79 0.47 2.21% |
Centuri |
Centuri Holdings, Target Price Odds to finish over 30.03
The tendency of Centuri 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 $ 30.03 or more in 90 days |
| 20.79 | 90 days | 30.03 | near 1 |
Based on a normal probability distribution, the odds of Centuri Holdings, to move over $ 30.03 or more in 90 days from now is near 1 (This Centuri Holdings, probability density function shows the probability of Centuri Stock to fall within a particular range of prices over 90 days) . Probability of Centuri Holdings, price to stay between its current price of $ 20.79 and $ 30.03 at the end of the 90-day period is nearly 4.65 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.13 suggesting Centuri Holdings, market returns are responsive to returns on the market. As the market goes up or down, Centuri Holdings, is expected to follow. Additionally Centuri Holdings, has an alpha of 0.2706, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Centuri Holdings, Price Density |
| Price |
Predictive Modules for Centuri 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 Centuri 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.Centuri Holdings, Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centuri Holdings, is not an exception. The market had few large corrections towards the Centuri Holdings,'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 Centuri Holdings,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centuri Holdings, within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | 0.09 |
Centuri 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 Centuri Holdings, for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centuri 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.| Centuri Holdings, had very high historical volatility over the last 90 days | |
| Centuri Holdings, has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.9 B. Net Loss for the year was (186.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from simplywall.st: Bullish Centuri Holdings Insiders Loaded Up On US3.21m Of Stock |
Centuri 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 Centuri Stock often depends not only on the future outlook of the current and potential Centuri Holdings,'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. Centuri Holdings,'s indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 88.5 M | |
| Cash And Short Term Investments | 33.4 M |
Centuri Holdings, Technical Analysis
Centuri Holdings,'s future price can be derived by breaking down and analyzing its technical indicators over time. Centuri Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centuri Holdings,. In general, you should focus on analyzing Centuri Stock price patterns and their correlations with different microeconomic environments and drivers.
Centuri Holdings, Predictive Forecast Models
Centuri Holdings,'s time-series forecasting models is one of many Centuri Holdings,'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 Centuri Holdings,'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 Centuri Holdings,
Checking the ongoing alerts about Centuri Holdings, for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centuri Holdings, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centuri Holdings, had very high historical volatility over the last 90 days | |
| Centuri Holdings, has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 2.9 B. Net Loss for the year was (186.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Latest headline from simplywall.st: Bullish Centuri Holdings Insiders Loaded Up On US3.21m Of Stock |
Check out Centuri Holdings, Backtesting, Centuri Holdings, Valuation, Centuri Holdings, Correlation, Centuri Holdings, Hype Analysis, Centuri Holdings, Volatility, Centuri Holdings, History as well as Centuri Holdings, Performance. For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Construction & Engineering 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 Centuri Holdings,. If investors know Centuri 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 Centuri Holdings, 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 Centuri Holdings, is measured differently than its book value, which is the value of Centuri that is recorded on the company's balance sheet. Investors also form their own opinion of Centuri Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Centuri Holdings,'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 Centuri Holdings,'s market value can be influenced by many factors that don't directly affect Centuri Holdings,'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 Centuri Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Centuri Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centuri Holdings,'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.