CENTUM INVESTMENT (Kenya) Market Value
| CENTUM Stock | 10.70 0.65 5.73% |
| Symbol | CENTUM |
CENTUM INVESTMENT '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 CENTUM INVESTMENT'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 CENTUM INVESTMENT.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in CENTUM INVESTMENT on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding CENTUM INVESTMENT PANY or generate 0.0% return on investment in CENTUM INVESTMENT over 360 days.
CENTUM INVESTMENT 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 CENTUM INVESTMENT'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 CENTUM INVESTMENT PANY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 13.75 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 4.85 |
CENTUM INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CENTUM INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CENTUM INVESTMENT's standard deviation. In reality, there are many statistical measures that can use CENTUM INVESTMENT historical prices to predict the future CENTUM INVESTMENT's volatility.| Risk Adjusted Performance | 0.1036 | |||
| Jensen Alpha | 0.2505 | |||
| Total Risk Alpha | 0.0739 | |||
| Sortino Ratio | 0.0908 | |||
| Treynor Ratio | 0.7121 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CENTUM INVESTMENT's 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.
CENTUM INVESTMENT PANY Backtested Returns
CENTUM INVESTMENT appears to be not too volatile, given 3 months investment horizon. CENTUM INVESTMENT PANY secures Sharpe Ratio (or Efficiency) of 0.0782, which signifies that the company had a 0.0782 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CENTUM INVESTMENT PANY, which you can use to evaluate the volatility of the firm. Please makes use of CENTUM INVESTMENT's mean deviation of 1.64, and Risk Adjusted Performance of 0.1036 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CENTUM INVESTMENT holds a performance score of 6. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CENTUM INVESTMENT's returns are expected to increase less than the market. However, during the bear market, the loss of holding CENTUM INVESTMENT is expected to be smaller as well. Please check CENTUM INVESTMENT's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether CENTUM INVESTMENT's price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
CENTUM INVESTMENT PANY has poor predictability. Overlapping area represents the amount of predictability between CENTUM INVESTMENT time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CENTUM INVESTMENT PANY price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current CENTUM INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
CENTUM INVESTMENT PANY lagged returns against current returns
Autocorrelation, which is CENTUM INVESTMENT 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 CENTUM INVESTMENT's stock expected returns. We can calculate the autocorrelation of CENTUM INVESTMENT returns to help us make a trade decision. For example, suppose you find that CENTUM INVESTMENT 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 |
CENTUM INVESTMENT 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 CENTUM INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CENTUM INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CENTUM INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
CENTUM INVESTMENT Lagged Returns
When evaluating CENTUM INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CENTUM INVESTMENT stock have on its future price. CENTUM INVESTMENT 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, CENTUM INVESTMENT autocorrelation shows the relationship between CENTUM INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in CENTUM INVESTMENT PANY.
Regressed Prices |
| Timeline |