Century Insurance (Pakistan) Price Prediction

CENI Stock   37.20  1.20  3.33%   
The value of RSI of Century Insurance's the stock price is about 69 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Century, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of Century Insurance's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Century Insurance, which may create opportunities for some arbitrage if properly timed.
Using Century Insurance hype-based prediction, you can estimate the value of Century Insurance from the perspective of Century Insurance response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Century Insurance to buy its stock at a price that has no basis in reality. In that case, they are not buying Century because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Century Insurance after-hype prediction price

    
  PKR 37.2  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Century Insurance Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
26.4128.7940.92
Details
Naive
Forecast
LowNextHigh
34.6337.0039.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.3233.9236.53
Details

Century Insurance After-Hype Price Prediction Density Analysis

As far as predicting the price of Century Insurance at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Century Insurance or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Century Insurance, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Century Insurance Estimiated After-Hype Price Volatility

In the context of predicting Century Insurance's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Century Insurance's historical news coverage. Century Insurance's after-hype downside and upside margins for the prediction period are 34.82 and 39.58, respectively. We have considered Century Insurance's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
37.20
37.20
After-hype Price
39.58
Upside
Century Insurance is very steady at this time. Analysis and calculation of next after-hype price of Century Insurance is based on 3 months time horizon.

Century Insurance Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Century Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Century Insurance backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Century Insurance, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.59 
2.40
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
37.20
37.20
0.00 
0.00  
Notes

Century Insurance Hype Timeline

Century Insurance is currently traded for 37.20on Karachi Stock Exchange of Pakistan. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Century is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.59%. %. The volatility of related hype on Century Insurance is about 0.0%, with the expected price after the next announcement by competition of 37.20. The company had not issued any dividends in recent years. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out Century Insurance Basic Forecasting Models to cross-verify your projections.

Century Insurance Related Hype Analysis

Having access to credible news sources related to Century Insurance's direct competition is more important than ever and may enhance your ability to predict Century Insurance's future price movements. Getting to know how Century Insurance's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Century Insurance may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
HBLHabib Bank 0.00 0 per month 1.44  0.05  4.13 (2.40) 11.38 
NBPNational Bank of 0.00 0 per month 2.18  0.06  5.34 (3.38) 15.75 
UBLUnited Bank 0.00 0 per month 0.36  0.24  3.19 (1.72) 7.44 
MCBMCB Bank 0.00 0 per month 1.10  0.13  3.80 (2.26) 8.86 
ABLAllied Bank 0.00 0 per month 1.01  0.04  2.19 (1.89) 7.82 
MEBLMeezan Bank 0.00 0 per month 0.85  0.02  2.70 (1.49) 7.58 
BAHLBank Al Habib 0.00 0 per month 0.84  0.1  1.91 (1.52) 8.07 
BAFLBank Alfalah 0.00 0 per month 1.03  0.11  3.24 (2.40) 9.20 
AKBLAskari Bank 0.00 0 per month 1.50  0.1  3.18 (3.61) 9.01 
HMBHabib Metropolitan Bank 0.00 0 per month 1.00  0.08  2.32 (1.86) 6.08 

Century Insurance Additional Predictive Modules

Most predictive techniques to examine Century price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Century using various technical indicators. When you analyze Century charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Century Insurance Predictive Indicators

The successful prediction of Century Insurance stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Century Insurance, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Century Insurance based on analysis of Century Insurance hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Century Insurance's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Century Insurance's related companies.

Story Coverage note for Century Insurance

The number of cover stories for Century Insurance depends on current market conditions and Century Insurance's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Century Insurance is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Century Insurance's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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When running Century Insurance's price analysis, check to measure Century Insurance'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 Insurance is operating at the current time. Most of Century Insurance's value examination focuses on studying past and present price action to predict the probability of Century Insurance'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 Insurance's price. Additionally, you may evaluate how the addition of Century Insurance to your portfolios can decrease your overall portfolio volatility.
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