Centaurus Energy Stock Market Value
| CTA Stock | CAD 1.95 0.00 0.00% |
| Symbol | Centaurus |
Centaurus 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 Centaurus 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 Centaurus Energy.
| 01/11/2025 |
| 01/06/2026 |
If you would invest 0.00 in Centaurus Energy on January 11, 2025 and sell it all today you would earn a total of 0.00 from holding Centaurus Energy or generate 0.0% return on investment in Centaurus Energy over 360 days. Centaurus Energy is related to or competes with Domestic Metals, PPX Mining, National Bank, Bank of Nova Scotia, Fairfax Financial, Lion One, and Rockpoint Gas. Centaurus Energy Inc., an independent upstream oil and gas company, explores, develops, and produces crude oil, natural ... More
Centaurus 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 Centaurus 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 Centaurus Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 56.43 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.34 |
Centaurus Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centaurus Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centaurus Energy's standard deviation. In reality, there are many statistical measures that can use Centaurus Energy historical prices to predict the future Centaurus Energy's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | (0.52) |
Centaurus Energy Backtested Returns
Centaurus Energy secures Sharpe Ratio (or Efficiency) of -0.0193, which signifies that the company had a -0.0193 % return per unit of risk over the last 3 months. Centaurus Energy exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centaurus Energy's insignificant Risk Adjusted Performance, mean deviation of 1.9, and Standard Deviation of 6.56 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Centaurus Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centaurus Energy is expected to be smaller as well. At this point, Centaurus Energy has a negative expected return of -0.13%. Please make sure to confirm Centaurus Energy's variance, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Centaurus Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Centaurus Energy has average predictability. Overlapping area represents the amount of predictability between Centaurus Energy time series from 11th of January 2025 to 10th of July 2025 and 10th of July 2025 to 6th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Centaurus Energy price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Centaurus Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Centaurus Energy lagged returns against current returns
Autocorrelation, which is Centaurus 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 Centaurus Energy's stock expected returns. We can calculate the autocorrelation of Centaurus Energy returns to help us make a trade decision. For example, suppose you find that Centaurus 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 |
Centaurus 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 Centaurus Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centaurus Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centaurus Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Centaurus Energy Lagged Returns
When evaluating Centaurus Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centaurus Energy stock have on its future price. Centaurus 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, Centaurus Energy autocorrelation shows the relationship between Centaurus Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Centaurus Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Centaurus Stock Analysis
When running Centaurus Energy's price analysis, check to measure Centaurus Energy'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 Centaurus Energy is operating at the current time. Most of Centaurus Energy's value examination focuses on studying past and present price action to predict the probability of Centaurus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centaurus Energy's price. Additionally, you may evaluate how the addition of Centaurus Energy to your portfolios can decrease your overall portfolio volatility.