Centuri Holdings, Stock Market Value
| CTRI Stock | USD 21.26 0.19 0.90% |
| Symbol | Centuri |
Centuri Holdings, Price To Book Ratio
Is Construction & Engineering 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 Centuri Holdings,. If investors know Centuri 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 Centuri Holdings, 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 Centuri Holdings, is measured differently than its book value, which is the value of Centuri that is recorded on the company's balance sheet. Investors also form their own opinion of Centuri Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Centuri Holdings,'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 Centuri Holdings,'s market value can be influenced by many factors that don't directly affect Centuri Holdings,'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 Centuri Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Centuri Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centuri Holdings,'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.
Centuri Holdings, '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 Centuri Holdings,'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 Centuri Holdings,.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Centuri Holdings, on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Centuri Holdings, or generate 0.0% return on investment in Centuri Holdings, over 720 days. Centuri Holdings, is related to or competes with NiSource, Spire, Atmos Energy, Black Hills, Chesapeake Utilities, New Fortress, and NewJersey Resources. Centuri Holdings, is entity of United States More
Centuri Holdings, 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 Centuri Holdings,'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 Centuri Holdings, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.1075 | |||
| Maximum Drawdown | 19.69 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 5.14 |
Centuri Holdings, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centuri Holdings,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centuri Holdings,'s standard deviation. In reality, there are many statistical measures that can use Centuri Holdings, historical prices to predict the future Centuri Holdings,'s volatility.| Risk Adjusted Performance | 0.1117 | |||
| Jensen Alpha | 0.312 | |||
| Total Risk Alpha | 0.0671 | |||
| Sortino Ratio | 0.1324 | |||
| Treynor Ratio | 0.3364 |
Centuri Holdings, Backtested Returns
Centuri Holdings, appears to be not too volatile, given 3 months investment horizon. Centuri Holdings, 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-eight technical indicators for Centuri Holdings,, which you can use to evaluate the volatility of the firm. Please makes use of Centuri Holdings,'s Downside Deviation of 2.51, mean deviation of 2.26, and Risk Adjusted Performance of 0.1117 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Centuri Holdings, holds a performance score of 9. The firm shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Centuri Holdings, will likely underperform. Please check Centuri Holdings,'s semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Centuri Holdings,'s price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Centuri Holdings, has no correlation between past and present. Overlapping area represents the amount of predictability between Centuri Holdings, time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Centuri Holdings, price movement. The serial correlation of 0.0 indicates that just 0.0% of current Centuri Holdings, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Centuri Holdings, lagged returns against current returns
Autocorrelation, which is Centuri Holdings, 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 Centuri Holdings,'s stock expected returns. We can calculate the autocorrelation of Centuri Holdings, returns to help us make a trade decision. For example, suppose you find that Centuri Holdings, 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 |
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Centuri Holdings, 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 Centuri Holdings, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centuri Holdings, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centuri Holdings, stock over time.
Current vs Lagged Prices |
| Timeline |
Centuri Holdings, Lagged Returns
When evaluating Centuri Holdings,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centuri Holdings, stock have on its future price. Centuri Holdings, 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, Centuri Holdings, autocorrelation shows the relationship between Centuri Holdings, stock current value and its past values and can show if there is a momentum factor associated with investing in Centuri Holdings,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Centuri Holdings, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centuri Holdings,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centuri Holdings, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centuri Holdings, Stock:Check out Centuri Holdings, Correlation, Centuri Holdings, Volatility and Centuri Holdings, Alpha and Beta module to complement your research on Centuri Holdings,. For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Centuri Holdings, 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.