Century Communities Stock Market Value
| CCS Stock | USD 87.24 0.79 0.91% |
| Symbol | Century |
Century Communities Price To Book Ratio
Is Household Durables 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 Century Communities. If investors know Century 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 Century Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.004 | Dividend Share 1.01 | Earnings Share 10.03 | Revenue Per Share 136.862 | Quarterly Revenue Growth 0.278 |
The market value of Century Communities is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Communities' value that differs from its market value or its book value, called intrinsic value, which is Century Communities' 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 Century Communities' market value can be influenced by many factors that don't directly affect Century Communities' 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 Century Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Communities' 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.
Century Communities '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 Century Communities' 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 Century Communities.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Century Communities on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Century Communities or generate 0.0% return on investment in Century Communities over 30 days. Century Communities is related to or competes with Taylor Morn, Beazer Homes, Meritage, TRI Pointe, MI Homes, KB Home, and Hovnanian Enterprises. Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, ... More
Century Communities 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 Century Communities' 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 Century Communities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 3.41 |
Century Communities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Century Communities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Century Communities' standard deviation. In reality, there are many statistical measures that can use Century Communities historical prices to predict the future Century Communities' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Century Communities' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Century Communities Backtested Returns
Century Communities secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Century Communities exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Century Communities' Mean Deviation of 1.59, standard deviation of 2.17, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Century Communities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Century Communities is expected to be smaller as well. At this point, Century Communities has a negative expected return of -0.22%. Please make sure to confirm Century Communities' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Century Communities performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Century Communities has modest predictability. Overlapping area represents the amount of predictability between Century Communities time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Century Communities price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Century Communities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 2.79 |
Century Communities lagged returns against current returns
Autocorrelation, which is Century Communities 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 Century Communities' stock expected returns. We can calculate the autocorrelation of Century Communities returns to help us make a trade decision. For example, suppose you find that Century Communities 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 |
Century Communities 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 Century Communities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Century Communities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Century Communities stock over time.
Current vs Lagged Prices |
| Timeline |
Century Communities Lagged Returns
When evaluating Century Communities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Century Communities stock have on its future price. Century Communities 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, Century Communities autocorrelation shows the relationship between Century Communities stock current value and its past values and can show if there is a momentum factor associated with investing in Century Communities.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Century Stock Analysis
When running Century Communities' price analysis, check to measure Century Communities' 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 Communities is operating at the current time. Most of Century Communities' value examination focuses on studying past and present price action to predict the probability of Century Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Communities' price. Additionally, you may evaluate how the addition of Century Communities to your portfolios can decrease your overall portfolio volatility.