Centerra Gold Stock Forecast - Daily Balance Of Power

CGAU Stock  USD 6.03  0.04  0.67%   
Centerra Stock Forecast is based on your current time horizon.
  
At this time, Centerra Gold's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 23.58 in 2024, whereas Payables Turnover is likely to drop 5.55 in 2024. . Common Stock Shares Outstanding is likely to gain to about 269.8 M in 2024, despite the fact that Net Loss is likely to grow to (66 M).
On November 26, 2024 Centerra Gold had Daily Balance Of Power of (0.44). Balance of Power indicator (or BOP) measures the strength of Centerra Gold market sensitivity to bulls and bears. It estimates the ability of Centerra Gold buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Centerra Gold Balance of Power indicator one can determine a trend of the price direction.
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Centerra Gold Trading Date Momentum

On November 27 2024 Centerra Gold was traded for  5.99  at the closing time. The top price for the day was 6.03  and the lowest listed price was  5.91 . The trading volume for the day was 614.7 K. The trading history from November 27, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.35% . The overall trading delta against the current closing price is 1.35% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Centerra Gold

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

Centerra Gold 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 Centerra Gold stock to make a market-neutral strategy. Peer analysis of Centerra Gold could also be used in its relative valuation, which is a method of valuing Centerra Gold by comparing valuation metrics with similar companies.
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Centerra Gold 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 Centerra Gold's 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 Centerra Gold's current price.

Centerra Gold Market Strength Events

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

Centerra Gold Risk Indicators

The analysis of Centerra Gold's 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 Centerra Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting centerra 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Centerra Stock Analysis

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