Centor Energy Stock Market Value
Centor Energy's market value is the price at which a share of Centor Energy trades on a public exchange. It measures the collective expectations of Centor Energy investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Centor Energy and determine expected loss or profit from investing in Centor Energy over a given investment horizon. Check out Centor Energy Correlation, Centor Energy Volatility and Centor Energy Alpha and Beta module to complement your research on Centor Energy. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.
| Symbol | Centor |
Is Stock 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 Centor Energy. If investors know Centor 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 Centor Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centor Energy is measured differently than its book value, which is the value of Centor that is recorded on the company's balance sheet. Investors also form their own opinion of Centor Energy's value that differs from its market value or its book value, called intrinsic value, which is Centor Energy'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 Centor Energy's market value can be influenced by many factors that don't directly affect Centor Energy'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 Centor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centor Energy'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.
Centor Energy '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 Centor Energy'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 Centor Energy.
| 01/14/2024 |
| 02/07/2025 |
If you would invest 0.00 in Centor Energy on January 14, 2024 and sell it all today you would earn a total of 0.00 from holding Centor Energy or generate 0.0% return on investment in Centor Energy over 390 days. Centor Energy is related to or competes with Talga Group, Northern Dynasty, Red Moon, Aldebaran Resources, and AMG Advanced. Centor Energy, Inc. develops and explores oil shale projects in Canada More
Centor Energy 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 Centor Energy'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 Centor Energy upside and downside potential and time the market with a certain degree of confidence.
Centor Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centor Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centor Energy's standard deviation. In reality, there are many statistical measures that can use Centor Energy historical prices to predict the future Centor Energy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centor Energy'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.
Centor Energy Backtested Returns
We have found zero technical indicators for Centor Energy, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Centor Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Centor Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Centor Energy time series from 14th of January 2024 to 27th of July 2024 and 27th of July 2024 to 7th 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 Centor Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Centor Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Centor Energy lagged returns against current returns
Autocorrelation, which is Centor Energy 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 Centor Energy's stock expected returns. We can calculate the autocorrelation of Centor Energy returns to help us make a trade decision. For example, suppose you find that Centor Energy 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 |
Centor Energy 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 Centor Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centor Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centor Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Centor Energy Lagged Returns
When evaluating Centor Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centor Energy stock have on its future price. Centor Energy 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, Centor Energy autocorrelation shows the relationship between Centor Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Centor Energy.
Regressed Prices |
| Timeline |
Pair Trading with Centor Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centor Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centor Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Centor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centor Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centor Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centor Energy to buy it.
The correlation of Centor Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centor Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centor Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Centor Energy Correlation, Centor Energy Volatility and Centor Energy Alpha and Beta module to complement your research on Centor Energy. To learn how to invest in Centor Stock, please use our How to Invest in Centor Energy guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Centor Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.