Centrus Energy Stock Market Value
| LEU Stock | USD 86.85 6.95 8.70% |
| Symbol | Centrus |
Centrus Energy Price To Book Ratio
Is Oil, Gas & Consumable Fuels 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 Centrus Energy. If investors know Centrus 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 Centrus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.277 | Earnings Share 4.82 | Revenue Per Share 24.632 | Quarterly Revenue Growth 0.125 | Return On Assets 0.0787 |
The market value of Centrus Energy is measured differently than its book value, which is the value of Centrus that is recorded on the company's balance sheet. Investors also form their own opinion of Centrus Energy's value that differs from its market value or its book value, called intrinsic value, which is Centrus 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 Centrus Energy's market value can be influenced by many factors that don't directly affect Centrus 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 Centrus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centrus Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centrus 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.
Centrus 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 Centrus 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 Centrus Energy.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Centrus Energy on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Centrus Energy or generate 0.0% return on investment in Centrus Energy over 270 days. Centrus Energy is related to or competes with Denison Mines, Energy Fuels, EnCore Energy, Ur Energy, Cameco Corp, Uranium Energy, and Sprott Physical. Centrus Energy Corp. supplies nuclear fuel and services for the nuclear power industry in the United States, Japan, Belg... More
Centrus 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 Centrus 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 Centrus Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.0 | |||
| Information Ratio | 0.1844 | |||
| Maximum Drawdown | 55.03 | |||
| Value At Risk | (10.83) | |||
| Potential Upside | 11.79 |
Centrus Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centrus Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centrus Energy's standard deviation. In reality, there are many statistical measures that can use Centrus Energy historical prices to predict the future Centrus Energy's volatility.| Risk Adjusted Performance | 0.1631 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.3343 | |||
| Sortino Ratio | 0.1831 | |||
| Treynor Ratio | 0.3542 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centrus 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.
Centrus Energy Backtested Returns
Centrus Energy is not too volatile given 3 months investment horizon. Centrus Energy secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.57% are justified by taking the suggested risk. Use Centrus Energy Risk Adjusted Performance of 0.1631, downside deviation of 8.0, and Mean Deviation of 5.57 to evaluate company specific risk that cannot be diversified away. Centrus Energy holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.48, 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, Centrus Energy will likely underperform. Use Centrus Energy expected short fall, and the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Centrus Energy.
Auto-correlation | 0.21 |
Weak predictability
Centrus Energy has weak predictability. Overlapping area represents the amount of predictability between Centrus Energy time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Centrus Energy price movement. The serial correlation of 0.21 indicates that over 21.0% of current Centrus Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 450.86 |
Centrus Energy lagged returns against current returns
Autocorrelation, which is Centrus 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 Centrus Energy's stock expected returns. We can calculate the autocorrelation of Centrus Energy returns to help us make a trade decision. For example, suppose you find that Centrus 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 |
Centrus 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 Centrus Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centrus Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centrus Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Centrus Energy Lagged Returns
When evaluating Centrus Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centrus Energy stock have on its future price. Centrus 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, Centrus Energy autocorrelation shows the relationship between Centrus Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Centrus Energy.
Regressed Prices |
| Timeline |
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Additional Tools for Centrus Stock Analysis
When running Centrus Energy's price analysis, check to measure Centrus 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 Centrus Energy is operating at the current time. Most of Centrus Energy's value examination focuses on studying past and present price action to predict the probability of Centrus 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 Centrus Energy's price. Additionally, you may evaluate how the addition of Centrus Energy to your portfolios can decrease your overall portfolio volatility.