Centaur Media (UK) Market Value
| CAU Stock | 24.50 0.00 0.00% |
| Symbol | Centaur |
Centaur Media 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Centaur Media's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Centaur Media.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Centaur Media on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Centaur Media or generate 0.0% return on investment in Centaur Media over 720 days. Centaur Media is related to or competes with SM Energy, FuelCell Energy, Grand Vision, Overstock, Intuitive Investments, and Argo Blockchain. Centaur Media is entity of United Kingdom More
Centaur Media Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Centaur Media's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Centaur Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 22.96 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.08 |
Centaur Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centaur Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centaur Media's standard deviation. In reality, there are many statistical measures that can use Centaur Media historical prices to predict the future Centaur Media's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 1.29 |
Centaur Media Backtested Returns
Centaur Media secures Sharpe Ratio (or Efficiency) of -0.099, which signifies that the company had a -0.099% return per unit of risk over the last 3 months. Centaur Media exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centaur Media's Standard Deviation of 2.67, risk adjusted performance of (0.08), and Mean Deviation of 1.01 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Centaur Media are expected to decrease at a much lower rate. During the bear market, Centaur Media is likely to outperform the market. At this point, Centaur Media has a negative expected return of -0.27%. Please make sure to confirm Centaur Media's total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Centaur Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Centaur Media has average predictability. Overlapping area represents the amount of predictability between Centaur Media time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Centaur Media price movement. The serial correlation of 0.46 indicates that about 46.0% of current Centaur Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 44.34 |
Centaur Media lagged returns against current returns
Autocorrelation, which is Centaur Media stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Centaur Media's stock expected returns. We can calculate the autocorrelation of Centaur Media returns to help us make a trade decision. For example, suppose you find that Centaur Media has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Centaur Media regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Centaur Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centaur Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centaur Media stock over time.
Current vs Lagged Prices |
| Timeline |
Centaur Media Lagged Returns
When evaluating Centaur Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centaur Media stock have on its future price. Centaur Media autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Centaur Media autocorrelation shows the relationship between Centaur Media stock current value and its past values and can show if there is a momentum factor associated with investing in Centaur Media.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Centaur Stock
Centaur Media financial ratios help investors to determine whether Centaur Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Centaur with respect to the benefits of owning Centaur Media security.