Centrica PLC (UK) Market Value
| CNA Stock | 151.05 5.95 4.10% |
| Symbol | Centrica |
Centrica PLC '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 Centrica PLC'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 Centrica PLC.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Centrica PLC on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Centrica PLC or generate 0.0% return on investment in Centrica PLC over 30 days. Centrica PLC is related to or competes with IShares Physical, Coeur Mining, Silver Bullet, Virgin Wines, Invesco Physical, and Resolute Mining. Centrica PLC is entity of United Kingdom More
Centrica PLC 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 Centrica PLC'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 Centrica PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.2074 | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 3.01 |
Centrica PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centrica PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centrica PLC's standard deviation. In reality, there are many statistical measures that can use Centrica PLC historical prices to predict the future Centrica PLC's volatility.| Risk Adjusted Performance | 0.1602 | |||
| Jensen Alpha | 0.3486 | |||
| Total Risk Alpha | 0.3596 | |||
| Sortino Ratio | 0.2227 | |||
| Treynor Ratio | 9.27 |
Centrica PLC Backtested Returns
Centrica PLC appears to be very steady, given 3 months investment horizon. Centrica PLC secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Centrica PLC, which you can use to evaluate the volatility of the firm. Please makes use of Centrica PLC's Downside Deviation of 1.59, mean deviation of 1.31, and Risk Adjusted Performance of 0.1602 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Centrica PLC holds a performance score of 14. The firm shows a Beta (market volatility) of 0.0376, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Centrica PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centrica PLC is expected to be smaller as well. Please check Centrica PLC's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Centrica PLC's price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Centrica PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Centrica PLC time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th 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 Centrica PLC price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Centrica PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 22.9 |
Centrica PLC lagged returns against current returns
Autocorrelation, which is Centrica PLC 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 Centrica PLC's stock expected returns. We can calculate the autocorrelation of Centrica PLC returns to help us make a trade decision. For example, suppose you find that Centrica PLC 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 |
Centrica PLC 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 Centrica PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centrica PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centrica PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Centrica PLC Lagged Returns
When evaluating Centrica PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centrica PLC stock have on its future price. Centrica PLC 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, Centrica PLC autocorrelation shows the relationship between Centrica PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Centrica PLC.
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 Centrica Stock
Centrica PLC financial ratios help investors to determine whether Centrica 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 Centrica with respect to the benefits of owning Centrica PLC security.