Cenntro Electric Group Stock Price Prediction

CENN Stock  USD 0.15  0  1.83%   
As of today, The relative strength index (RSI) of Cenntro Electric's share price is at 51 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Cenntro Electric, making its price go up or down.

Momentum 51

 Impartial

 
Oversold
 
Overbought
The successful prediction of Cenntro Electric's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Cenntro Electric Group, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Cenntro Electric's stock price prediction:
Quarterly Revenue Growth
(0.72)
Using Cenntro Electric hype-based prediction, you can estimate the value of Cenntro Electric Group from the perspective of Cenntro Electric response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Cenntro Electric using Cenntro Electric's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Cenntro using crowd psychology based on the activity and movement of Cenntro Electric's stock price.

Cenntro Electric Implied Volatility

    
  1.76  
Cenntro Electric's implied volatility exposes the market's sentiment of Cenntro Electric Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cenntro Electric's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cenntro Electric stock will not fluctuate a lot when Cenntro Electric's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Cenntro Electric to buy its stock at a price that has no basis in reality. In that case, they are not buying Cenntro 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.

Cenntro Electric after-hype prediction price

    
  USD 0.15  
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 Cenntro Electric Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.010.146.42
Details
Naive
Forecast
LowNextHigh
00.156.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.140.150.16
Details

Cenntro Electric After-Hype Price Density Analysis

As far as predicting the price of Cenntro Electric 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 Cenntro Electric 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 Cenntro Electric, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Cenntro Electric Estimiated After-Hype Price Volatility

In the context of predicting Cenntro Electric's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cenntro Electric's historical news coverage. Cenntro Electric's after-hype downside and upside margins for the prediction period are 0.01 and 6.43, respectively. We have considered Cenntro Electric'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
0.15
0.15
After-hype Price
6.43
Upside
Cenntro Electric is out of control at this time. Analysis and calculation of next after-hype price of Cenntro Electric is based on 3 months time horizon.

Cenntro Electric Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Cenntro Electric is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cenntro Electric 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 Cenntro Electric, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.45 
6.28
 0.00  
  0.01 
3 Events / Month
6 Events / Month
In about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.15
0.15
0.00 
0.00  
Notes

Cenntro Electric Hype Timeline

Cenntro Electric is currently traded for 0.15. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Cenntro is estimated 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 estimated to be very small, whereas the daily expected return is currently at -0.45%. %. The volatility of related hype on Cenntro Electric is about 31400.0%, with the expected price after the next announcement by competition of 0.16. About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cenntro Electric recorded a loss per share of 0.91. The entity last dividend was issued on the 20th of December 2019. The firm had 1:10 split on the 8th of December 2023. Given the investment horizon of 90 days the next estimated press release will be in about 3 days.
Check out Cenntro Electric Basic Forecasting Models to cross-verify your projections.

Cenntro Electric Related Hype Analysis

Having access to credible news sources related to Cenntro Electric's direct competition is more important than ever and may enhance your ability to predict Cenntro Electric's future price movements. Getting to know how Cenntro Electric'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 Cenntro Electric 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
FLYEFly E Group Common(0.36)10 per month 11.95  0.05  21.57 (20.17) 284.75 
WKHSWorkhorse Group 0.19 8 per month 0.00 (0.15) 10.78 (8.50) 56.82 
LOBOLOBO EV TECHNOLOGIES 0.01 8 per month 0.00 (0.05) 13.64 (11.63) 48.41 
ECDAECD Automotive Design(0.20)10 per month 0.00 (0.35) 12.86 (27.61) 138.90 
DSSDSS Inc(0.01)7 per month 0.00 (0.03) 10.00 (6.30) 22.05 
UCARU Power Limited(0.02)36 per month 0.00 (0.09) 4.79 (5.00) 15.91 
SONDSonder Holdings(0.02)8 per month 24.50  0.10  67.74 (61.54) 2,000 
REBNReborn Coffee 0.05 8 per month 0.00 (0.02) 11.95 (9.04) 27.14 
FGIFGI Industries 1.36 7 per month 8.22  0.03  16.30 (14.12) 50.77 
AZIAutozi Internet Technology(0.80)11 per month 0.00 (0.06) 21.43 (17.87) 88.70 

Cenntro Electric Additional Predictive Modules

Most predictive techniques to examine Cenntro price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cenntro using various technical indicators. When you analyze Cenntro 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 Cenntro Electric Predictive Indicators

The successful prediction of Cenntro Electric 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 Cenntro Electric Group, 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 Cenntro Electric based on analysis of Cenntro Electric hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cenntro Electric's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cenntro Electric's related companies.
 2023 2024 2025 2026 (projected)
Payables Turnover1.84.614.154.36
Days Of Inventory On Hand1.2K369.99332.99398.74

Pair Trading with Cenntro Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cenntro Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cenntro Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cenntro Stock

  0.82WKSP WorksportPairCorr

Moving against Cenntro Stock

  0.69MGA Magna InternationalPairCorr
  0.67LCII LCI IndustriesPairCorr
  0.65605255 Ningbo Tip RubberPairCorr
  0.62601279 Changchun Engley AutPairCorr
  0.55002813 Shenzhen RoadRoverPairCorr
  0.36000678 Xiangyang AutomobilePairCorr
The ability to find closely correlated positions to Cenntro Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cenntro Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cenntro Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cenntro Electric Group to buy it.
The correlation of Cenntro Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cenntro Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cenntro Electric moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cenntro Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock:
Check out Cenntro Electric Basic Forecasting Models to cross-verify your projections.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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
(0.91)
Revenue Per Share
0.496
Quarterly Revenue Growth
(0.72)
Return On Assets
(0.14)
Return On Equity
(0.38)
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.