Century Aluminum (Germany) Price on November 15, 2024
| EY3 Stock | EUR 21.76 0.34 1.54% |
If you're considering investing in Century Stock, it is important to understand the factors that can impact its price. As of today, the current price of Century Aluminum stands at 21.76, as last reported on the 2nd of December, with the highest price reaching 21.76 and the lowest price hitting 21.76 during the day. Century Aluminum appears to be somewhat reliable, given 3 months investment horizon. Century Aluminum secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing Century Aluminum's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Century Aluminum's Downside Deviation of 3.2, mean deviation of 3.12, and Risk Adjusted Performance of 0.167 to double-check if our risk estimates are consistent with your expectations.
Century Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Century |
Sharpe Ratio = 0.2077
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Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Century Aluminum is performing at about 16% of its full potential. 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 Century Aluminum by adding it to a well-diversified portfolio.
Century Aluminum Valuation on November 15, 2024
It is possible to determine the worth of Century Aluminum on a given historical date. On November 15, 2024 Century was worth 19.74 at the beginning of the trading date compared to the closed value of 22.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Century Aluminum stock. Still, in general, we apply an absolute valuation method to find Century Aluminum'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 Century Aluminum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Century Aluminum's related companies.
| Open | High | Low | Close | Volume | |
| 19.39 | 19.39 | 19.39 | 19.39 | 1.00 | |
11/15/2024 | 19.74 | 22.11 | 19.74 | 22.11 | 50.00 |
| 21.25 | 21.58 | 21.25 | 21.58 | 2.00 |
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Century Aluminum Trading Date Momentum on November 15, 2024
| On November 18 2024 Century Aluminum was traded for 21.58 at the closing time. The highest daily price throughout the period was 21.58 and the lowest price was 21.25 . There was no trading activity during the period 2.0. Lack of trading volume on 11/18/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.40% . The overall trading delta to current closing price is 3.30% . |
Century Aluminum Fundamentals Correlations and Trends
By evaluating Century Aluminum'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 Century Aluminum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Century financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Century Aluminum Stock history
Century Aluminum 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 Century is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Century Aluminum 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 Century Aluminum stock prices may prove useful in developing a viable investing in Century Aluminum
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois. CENTURY ALUM operates under Aluminum classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2069 people.
Century Aluminum Stock Technical Analysis
Century Aluminum 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
Century Aluminum Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Century Aluminum cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Century Aluminum December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Century Aluminum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Century Aluminum shares will generate the highest return on investment. By undertsting and applying Century Aluminum stock market strength indicators, traders can identify Century Aluminum entry and exit signals to maximize returns
Century Aluminum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Century Aluminum's price direction in advance. Along with the technical and fundamental analysis of Century Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Century 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 | 0.167 | |||
| Jensen Alpha | 0.9725 | |||
| Total Risk Alpha | 0.1675 | |||
| Sortino Ratio | 0.2395 | |||
| Treynor Ratio | (1.47) |
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| Volume Indicators |
Complementary Tools for Century Stock analysis
When running Century Aluminum's price analysis, check to measure Century Aluminum'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 Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.
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