Centerra Gold Stock Market Value
| CGAU Stock | USD 5.82 0.02 0.34% |
| Symbol | Centerra |
Centerra Gold Price To Book Ratio
Is Diversified Metals & Mining 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 Centerra Gold. If investors know Centerra 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 Centerra Gold 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 (0.51) | Dividend Share 0.212 | Earnings Share 0.48 | Revenue Per Share | Quarterly Revenue Growth (0.06) |
The market value of Centerra Gold is measured differently than its book value, which is the value of Centerra that is recorded on the company's balance sheet. Investors also form their own opinion of Centerra Gold's value that differs from its market value or its book value, called intrinsic value, which is Centerra Gold'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 Centerra Gold's market value can be influenced by many factors that don't directly affect Centerra Gold'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 Centerra Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerra Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerra Gold'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.
Centerra Gold '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 Centerra Gold'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 Centerra Gold.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Centerra Gold on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Centerra Gold or generate 0.0% return on investment in Centerra Gold over 30 days. Centerra Gold is related to or competes with Gold Fields, Eldorado Gold, Osisko Gold, SSR Mining, Sandstorm Gold, Franco Nevada, and Royal Gold. Centerra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold a... More
Centerra Gold 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 Centerra Gold'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 Centerra Gold upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 3.7 |
Centerra Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centerra Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centerra Gold's standard deviation. In reality, there are many statistical measures that can use Centerra Gold historical prices to predict the future Centerra Gold's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (1.28) |
Centerra Gold Backtested Returns
Centerra Gold secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Centerra Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centerra Gold's Standard Deviation of 2.35, mean deviation of 1.78, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Centerra Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centerra Gold is expected to be smaller as well. At this point, Centerra Gold has a negative expected return of -0.39%. Please make sure to confirm Centerra Gold's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Centerra Gold performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Centerra Gold has poor reverse predictability. Overlapping area represents the amount of predictability between Centerra Gold time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Centerra Gold price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Centerra Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Centerra Gold lagged returns against current returns
Autocorrelation, which is Centerra Gold 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 Centerra Gold's stock expected returns. We can calculate the autocorrelation of Centerra Gold returns to help us make a trade decision. For example, suppose you find that Centerra Gold 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 |
Centerra Gold 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 Centerra Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centerra Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centerra Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Centerra Gold Lagged Returns
When evaluating Centerra Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centerra Gold stock have on its future price. Centerra Gold 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, Centerra Gold autocorrelation shows the relationship between Centerra Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Centerra Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.