Century Casinos Stock Alpha and Beta Analysis
| CNTY Stock | USD 4.45 0.06 1.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Century Casinos. It also helps investors analyze the systematic and unsystematic risks associated with investing in Century Casinos over a specified time horizon. Remember, high Century Casinos' 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 Century Casinos' market risk premium analysis include:
Beta 0.27 | Alpha 1.03 | Risk 3.87 | Sharpe Ratio 0.28 | Expected Return 1.08 |
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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.
Century |
Century Casinos Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Century Casinos market risk premium is the additional return an investor will receive from holding Century Casinos 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 Century Casinos. 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 Century Casinos' performance over market.| α | 1.03 | β | 0.27 |
Century Casinos 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 Century Casinos' Buy-and-hold return. Our buy-and-hold chart shows how Century Casinos performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Century Casinos Market Price Analysis
Market price analysis indicators help investors to evaluate how Century Casinos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Century Casinos shares will generate the highest return on investment. By understating and applying Century Casinos stock market price indicators, traders can identify Century Casinos position entry and exit signals to maximize returns.
Century Casinos Return and Market Media
The median price of Century Casinos for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 2.59 with a coefficient of variation of 24.65. The daily time series for the period is distributed with a sample standard deviation of 0.73, arithmetic mean of 2.97, and mean deviation of 0.62. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Century Casinos Announces Dates of Third Quarter 2024 Earnings Release and Conference Call | 10/28/2024 |
2 | Century Casinos Announces Opening of Century Casino Hotel Caruthersville, MO | 11/01/2024 |
3 | Century Casinos, Inc. Announces Third Quarter 2024 Results | 11/04/2024 |
4 | Century Casinos Inc Q3 2024 Earnings Call Highlights Navigating Challenges with ... | 11/05/2024 |
5 | US5.00 - Thats What Analysts Think Century Casinos, Inc. Is Worth After These Results | 11/07/2024 |
6 | Century Casinos SWOT analysis stock poised for growth amid leverage concerns | 11/12/2024 |
7 | 4 Reasons to Buy Vici Properties Stock Like Theres No Tomorrow | 11/19/2024 |
About Century Casinos 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 Century or other stocks. Alpha measures the amount that position in Century Casinos 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) | Days Sales Outstanding | 8.84 | 7.7 | 12.11 | 12.71 | PTB Ratio | 2.55 | 1.45 | 1.22 | 0.98 |
Century Casinos Upcoming Company Events
As portrayed in its financial statements, the presentation of Century Casinos' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Century Casinos' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Century Casinos' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Century Casinos. Please utilize our Beneish M Score to check the likelihood of Century Casinos' management manipulating its earnings.
| 8th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of March 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 Century Stock Analysis
When running Century Casinos' price analysis, check to measure Century Casinos' 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 Casinos is operating at the current time. Most of Century Casinos' value examination focuses on studying past and present price action to predict the probability of Century Casinos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Casinos' price. Additionally, you may evaluate how the addition of Century Casinos to your portfolios can decrease your overall portfolio volatility.