Centuria Capital (Australia) Market Value
| CNI Stock | 1.95 0.04 2.09% |
| Symbol | Centuria |
Centuria Capital '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 Centuria Capital'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 Centuria Capital.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Centuria Capital on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Centuria Capital or generate 0.0% return on investment in Centuria Capital over 30 days. Centuria Capital is related to or competes with Medical Developments, Healthco Healthcare, Global Health, Hansen Technologies, Mach7 Technologies, Clime Investment, and Viva Leisure. Centuria Capital is entity of Australia. It is traded as Stock on AU exchange. More
Centuria Capital 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 Centuria Capital'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 Centuria Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0292 | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 3.54 |
Centuria Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centuria Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centuria Capital's standard deviation. In reality, there are many statistical measures that can use Centuria Capital historical prices to predict the future Centuria Capital's volatility.| Risk Adjusted Performance | 0.0834 | |||
| Jensen Alpha | 0.1778 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0326 | |||
| Treynor Ratio | (5.27) |
Centuria Capital Backtested Returns
Centuria Capital appears to be unstable, given 3 months investment horizon. Centuria Capital secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Centuria Capital, which you can use to evaluate the volatility of the firm. Please makes use of Centuria Capital's Downside Deviation of 1.63, mean deviation of 1.43, and Risk Adjusted Performance of 0.0834 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Centuria Capital holds a performance score of 9. The firm shows a Beta (market volatility) of -0.033, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Centuria Capital are expected to decrease at a much lower rate. During the bear market, Centuria Capital is likely to outperform the market. Please check Centuria Capital's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Centuria Capital's price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Centuria Capital has very good reverse predictability. Overlapping area represents the amount of predictability between Centuria Capital time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Centuria Capital price movement. The serial correlation of -0.7 indicates that around 70.0% of current Centuria Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Centuria Capital lagged returns against current returns
Autocorrelation, which is Centuria Capital 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 Centuria Capital's stock expected returns. We can calculate the autocorrelation of Centuria Capital returns to help us make a trade decision. For example, suppose you find that Centuria Capital 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 |
Centuria Capital 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 Centuria Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centuria Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centuria Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Centuria Capital Lagged Returns
When evaluating Centuria Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centuria Capital stock have on its future price. Centuria Capital 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, Centuria Capital autocorrelation shows the relationship between Centuria Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Centuria Capital.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Centuria Stock Analysis
When running Centuria Capital's price analysis, check to measure Centuria Capital'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 Centuria Capital is operating at the current time. Most of Centuria Capital's value examination focuses on studying past and present price action to predict the probability of Centuria Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centuria Capital's price. Additionally, you may evaluate how the addition of Centuria Capital to your portfolios can decrease your overall portfolio volatility.