Century Global Stock Forward View
| CNT Stock | CAD 0.04 0.00 0.00% |
Century Stock outlook is based on your current time horizon. Although Century Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Century Global's systematic risk associated with finding meaningful patterns of Century Global fundamentals over time.
The value of RSI of Century Global's share price is below 30 as of today suggesting that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Century Global Commodities, making its price go up or down. Momentum 29
Sell Stretched
Oversold | Overbought |
Quarterly Revenue Growth (0.1) |
Using Century Global hype-based prediction, you can estimate the value of Century Global Commodities from the perspective of Century Global response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Century Global Commodities on the next trading day is expected to be 0.04 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.09. Century Global after-hype prediction price | CAD 0.04 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Century |
Century Global Additional Predictive Modules
Most predictive techniques to examine Century price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Century using various technical 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 |
Century Global Naive Prediction Price Forecast For the 26th of February
Given 90 days horizon, the Naive Prediction forecasted value of Century Global Commodities on the next trading day is expected to be 0.04 with a mean absolute deviation of 0, mean absolute percentage error of 0.00000427, and the sum of the absolute errors of 0.09.Please note that although there have been many attempts to predict Century Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Century Global's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Century Global Stock Forecast Pattern
| Backtest Century Global | Century Global Price Prediction | Research Analysis |
Century Global Forecasted Value
In the context of forecasting Century Global's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Century Global's downside and upside margins for the forecasting period are 0.0004 and 5.39, respectively. We have considered Century Global's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Century Global stock data series using in forecasting. Note that when a statistical model is used to represent Century Global stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 105.7465 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0014 |
| MAPE | Mean absolute percentage error | 0.0303 |
| SAE | Sum of the absolute errors | 0.087 |
Predictive Modules for Century Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Century Global Commo. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Century Global After-Hype Price Density Analysis
As far as predicting the price of Century Global at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Century Global or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Century Global, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Century Global Estimiated After-Hype Price Volatility
In the context of predicting Century Global's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Century Global's historical news coverage. Century Global's after-hype downside and upside margins for the prediction period are 0.00 and 5.39, respectively. We have considered Century Global's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Century Global is out of control at this time. Analysis and calculation of next after-hype price of Century Global Commo is based on 3 months time horizon.
Century Global Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Century Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Century Global backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Century Global, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.53 | 5.35 | 0.00 | 0.04 | 3 Events / Month | 2 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.04 | 0.04 | 0.00 |
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Century Global Hype Timeline
Century Global Commo is currently traded for 0.04on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.04. Century is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.53%. %. The volatility of related hype on Century Global is about 7133.33%, with the expected price after the next announcement by competition of 0.08. About 69.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Century Global Commo recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 54:47 split on the 8th of June 2023. Assuming the 90 days trading horizon the next anticipated press release will be in about 3 days. Check out Historical Fundamental Analysis of Century Global to cross-verify your projections.Century Global Related Hype Analysis
Having access to credible news sources related to Century Global's direct competition is more important than ever and may enhance your ability to predict Century Global's future price movements. Getting to know how Century Global's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Century Global may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BABY | Else Nutrition Holdings | 0.00 | 7 per month | 0.00 | (0.08) | 16.67 | (9.09) | 37.61 | |
| XHB | iShares Canadian HYBrid | 0.01 | 2 per month | 0.03 | (0.43) | 0.25 | (0.30) | 0.80 | |
| ERE-UN | European Residential Real | (0.01) | 5 per month | 0.70 | (0.02) | 1.80 | (1.72) | 4.37 | |
| CLU | iShares Fundamental Hedged | (0.04) | 1 per month | 0.32 | 0.07 | 1.24 | (0.89) | 3.00 | |
| RUDB | RBC Discount Bond | (0.01) | 7 per month | 0.00 | (0.31) | 0.55 | (0.72) | 1.56 | |
| BN-PFI | Brookfield | 0.00 | 0 per month | 0.14 | (0.14) | 0.59 | (0.54) | 1.58 | |
| XTOT | iShares Core SP | 0.53 | 1 per month | 0.82 | (0.08) | 1.25 | (1.29) | 5.08 | |
| XEG | iShares SPTSX Capped | 0.11 | 5 per month | 1.12 | 0.11 | 2.53 | (1.52) | 5.88 | |
| SOLI-P | Solid Impact Investments | 0.00 | 6 per month | 0.00 | (0) | 0.00 | 0.00 | 50.79 | |
| FLSA | Fidelity LongShort Alternative | 0.16 | 1 per month | 0.60 | 0.01 | 1.02 | (1.18) | 2.81 |
Other Forecasting Options for Century Global
For every potential investor in Century, whether a beginner or expert, Century Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Century Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Century. Basic forecasting techniques help filter out the noise by identifying Century Global's price trends.Century Global Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Century Global stock to make a market-neutral strategy. Peer analysis of Century Global could also be used in its relative valuation, which is a method of valuing Century Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Century Global Market Strength Events
Market strength indicators help investors to evaluate how Century Global 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 Global shares will generate the highest return on investment. By undertsting and applying Century Global stock market strength indicators, traders can identify Century Global Commodities entry and exit signals to maximize returns.
Century Global Risk Indicators
The analysis of Century Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Century Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting century stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.67 | |||
| Standard Deviation | 5.1 | |||
| Variance | 25.96 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Century Global
The number of cover stories for Century Global depends on current market conditions and Century Global's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Century Global is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Century Global's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Century Global Short Properties
Century Global's future price predictability will typically decrease when Century Global's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Century Global Commodities often depends not only on the future outlook of the potential Century Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Century Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 118.2 M | |
| Cash And Short Term Investments | 4.2 M |
Other Information on Investing in Century Stock
Century Global financial ratios help investors to determine whether Century Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Century with respect to the benefits of owning Century Global security.