Century Aluminum Stock Pattern Recognition Dragonfly Doji
| CENX Stock | USD 22.61 0.47 2.04% |
| Symbol |
Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Dragonfly Doji describes Century Aluminum bearish reversal pattern.
Century Aluminum Technical Analysis Modules
Most technical analysis of Century Aluminum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Century from various momentum indicators to cycle indicators. When you analyze Century charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Century Aluminum Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Century Aluminum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Century Aluminum based on widely used predictive technical indicators. In general, we focus on analyzing Century Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Century Aluminum's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Century Aluminum's intrinsic value. In addition to deriving basic predictive indicators for Century Aluminum, we also check how macroeconomic factors affect Century Aluminum price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Dividend Yield | 0.009817 | 0.014 | Price To Sales Ratio | 0.51 | 0.5 |
Learn to be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Portfolio Dashboard Now
Portfolio DashboardPortfolio dashboard that provides centralized access to all your investments |
| All Next | Launch Module |
Century Aluminum pair trading
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 Century Aluminum 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 Century Aluminum will appreciate offsetting losses from the drop in the long position's value.Century Aluminum Pair Trading
Century Aluminum Pair Trading Analysis
The ability to find closely correlated positions to Century Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Aluminum 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 Century Aluminum - 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 Century Aluminum to buy it.
The correlation of Century Aluminum 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 Century Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Aluminum 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 Century Aluminum 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.Additional Tools for Century Stock Analysis
When running Century Aluminum's price analysis, check to measure Century Aluminum'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 Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.