Centerra Gold Stock Alpha and Beta Analysis
| CGAU Stock | USD 5.96 0.28 4.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Centerra Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Centerra Gold over a specified time horizon. Remember, high Centerra Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Centerra Gold's market risk premium analysis include:
Beta 0.44 | Alpha (0.25) | Risk 2.62 | Sharpe Ratio (0.09) | Expected Return (0.23) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Centerra |
Centerra Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Centerra Gold market risk premium is the additional return an investor will receive from holding Centerra Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Centerra Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Centerra Gold's performance over market.| α | -0.25 | β | 0.44 |
Centerra Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Centerra Gold's Buy-and-hold return. Our buy-and-hold chart shows how Centerra Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Centerra Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Centerra Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centerra Gold shares will generate the highest return on investment. By understating and applying Centerra Gold stock market price indicators, traders can identify Centerra Gold position entry and exit signals to maximize returns.
Centerra Gold Return and Market Media
The median price of Centerra Gold for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 7.02 with a coefficient of variation of 7.02. The daily time series for the period is distributed with a sample standard deviation of 0.48, arithmetic mean of 6.83, and mean deviation of 0.4. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | AutoCanada And 2 Other Undervalued Small Caps With Insider Buying In Canada - Simply Wall St | 09/27/2024 |
2 | Centerra Gold Inc. Senior Officer Sells C299,757.60 in Stock - MarketBeat | 09/30/2024 |
3 | Should Value Investors Buy Centerra Gold Stock | 10/09/2024 |
4 | Instead of Buying Gold Bars From Costco, Buy These 3 Lustrous Gold Stocks | 10/17/2024 |
5 | Grid Battery Metals Update - Drilling Completed on its Clayton Valley Lithium Project | 10/28/2024 |
6 | Centerra Gold Announces Quarterly Dividend of C0.07 per Common Share | 10/31/2024 |
7 | Viscount and Centerra Gold Commences Drilling at Cherry Creek, Nevada | 11/19/2024 |
About Centerra Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Centerra or other stocks. Alpha measures the amount that position in Centerra Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0197 | 0.0348 | 0.0356 | 0.0178 | Price To Sales Ratio | 2.54 | 1.61 | 1.15 | 1.09 |
Centerra Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of Centerra Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Centerra Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Centerra Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Centerra Gold. Please utilize our Beneish M Score to check the likelihood of Centerra Gold's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Centerra Stock Analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold'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 Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.