Cenntro Electric Group Stock Price on August 15, 2023
| CENN Stock | USD 1.21 0.04 3.20% |
Below is the normalized historical share price chart for Cenntro Electric Group extending back to December 16, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cenntro Electric stands at 1.21, as last reported on the 27th of November, with the highest price reaching 1.27 and the lowest price hitting 1.20 during the day.
If you're considering investing in Cenntro Stock, it is important to understand the factors that can impact its price. Cenntro Electric secures Sharpe Ratio (or Efficiency) of -0.0399, which signifies that the company had a -0.0399% return per unit of risk over the last 3 months. Cenntro Electric Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cenntro Electric's Standard Deviation of 2.72, risk adjusted performance of (0.04), and Mean Deviation of 1.84 to double-check the risk estimate we provide.
At this time, Cenntro Electric's Common Stock Shares Outstanding is very stable compared to the past year. As of the 27th of November 2024, Other Stockholder Equity is likely to grow to about 422.5 M, while Total Stockholder Equity is likely to drop about 64.8 M. . As of the 27th of November 2024, Price To Sales Ratio is likely to drop to 1.89. In addition to that, Price Earnings Ratio is likely to drop to -0.85. Cenntro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of December 2009 | 200 Day MA 1.4495 | 50 Day MA 1.2328 | Beta 2.561 |
Cenntro |
Sharpe Ratio = -0.0399
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cenntro Electric is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cenntro Electric by adding Cenntro Electric to a well-diversified portfolio.
Price Book 0.399 | Enterprise Value Ebitda 2.1046 | Price Sales 1.0413 | Shares Float 22.1 M | Earnings Share (1.32) |
Cenntro Electric Valuation on August 15, 2023
It is possible to determine the worth of Cenntro Electric on a given historical date. On August 15, 2023 Cenntro was worth 33.6 at the beginning of the trading date compared to the closed value of 31.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cenntro Electric stock. Still, in general, we apply an absolute valuation method to find Cenntro Electric's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cenntro Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cenntro Electric's related companies.
| Open | High | Low | Close | Volume | |
| 33.91 | 33.91 | 30.54 | 31.11 | 18,891 | |
08/15/2023 | 33.60 | 34.02 | 31.05 | 31.80 | 21,531 |
| 31.80 | 31.81 | 29.50 | 30.10 | 15,511 |
| Backtest Cenntro Electric | | | Cenntro Electric History | | | Cenntro Electric Valuation | Previous | Next |
Cenntro Electric Trading Date Momentum on August 15, 2023
| On August 16 2023 Cenntro Electric Group was traded for 30.10 at the closing time. The top price for the day was 31.81 and the lowest listed price was 29.50 . The trading volume for the day was 15.5 K. The trading history from August 16, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.35% . The overall trading delta against the current closing price is 10.82% . |
Cenntro Electric Fundamentals Correlations and Trends
By evaluating Cenntro Electric's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cenntro Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cenntro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cenntro Electric Stock history
Cenntro Electric investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cenntro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cenntro Electric will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cenntro Electric stock prices may prove useful in developing a viable investing in Cenntro Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.4 M | 31.9 M | |
| Net Loss | -18.9 M | -19.8 M |
Cenntro Electric Stock Technical Analysis
Cenntro Electric technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cenntro Electric Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Cenntro Electric Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cenntro Electric November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Cenntro Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cenntro Electric shares will generate the highest return on investment. By undertsting and applying Cenntro Electric stock market strength indicators, traders can identify Cenntro Electric Group entry and exit signals to maximize returns
Cenntro Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cenntro Electric's price direction in advance. Along with the technical and fundamental analysis of Cenntro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cenntro to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (1.22) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenntro Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.