Centrotec (Germany) Price on October 19, 2023
| CEV Stock | EUR 53.00 0.50 0.95% |
If you're considering investing in Centrotec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Centrotec stands at 53.00, as last reported on the 22nd of December, with the highest price reaching 53.00 and the lowest price hitting 52.50 during the day. As of now, Centrotec Stock is very steady. Centrotec SE secures Sharpe Ratio (or Efficiency) of 0.0888, which signifies that the company had a 0.0888% return per unit of risk over the last 3 months. We have found thirty technical indicators for Centrotec SE, which you can use to evaluate the volatility of the firm. Please confirm Centrotec's Downside Deviation of 0.9904, mean deviation of 0.6296, and Risk Adjusted Performance of 0.0734 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
Centrotec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Centrotec |
Sharpe Ratio = 0.0888
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Centrotec is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Centrotec by adding it to a well-diversified portfolio.
Centrotec Valuation on October 19, 2023
It is possible to determine the worth of Centrotec on a given historical date. On October 19, 2023 Centrotec was worth 47.86 at the beginning of the trading date compared to the closed value of 47.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centrotec stock. Still, in general, we apply an absolute valuation method to find Centrotec's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Centrotec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centrotec's related companies.
| Open | High | Low | Close | Volume | |
| 47.86 | 47.96 | 47.07 | 47.07 | 1,752 | |
10/19/2023 | 47.86 | 47.86 | 46.97 | 47.36 | 3,049 |
| 47.76 | 47.76 | 46.77 | 46.97 | 1,585 |
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Centrotec Trading Date Momentum on October 19, 2023
| On October 20 2023 Centrotec SE was traded for 46.97 at the closing time. The maximum traded price for the trading interval was 47.76 and the lowest daily price was 46.77 . The daily volume was recorded at 1.6 K. The volume of trading on 20th of October 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.82% . The overall trading delta to the closing price today is 3.57% . |
Centrotec SE Fundamentals Correlations and Trends
By evaluating Centrotec's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Centrotec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Centrotec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Centrotec Stock history
Centrotec investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Centrotec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centrotec SE will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Centrotec stock prices may prove useful in developing a viable investing in Centrotec
Centrotec Stock Technical Analysis
Centrotec technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Centrotec Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Centrotec SE cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Centrotec December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Centrotec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centrotec shares will generate the highest return on investment. By undertsting and applying Centrotec stock market strength indicators, traders can identify Centrotec SE entry and exit signals to maximize returns
Centrotec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centrotec's price direction in advance. Along with the technical and fundamental analysis of Centrotec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centrotec to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.1025 | |||
| Total Risk Alpha | 0.0634 | |||
| Sortino Ratio | 0.0761 | |||
| Treynor Ratio | (0.44) |
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Other Information on Investing in Centrotec Stock
Centrotec financial ratios help investors to determine whether Centrotec 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 Centrotec with respect to the benefits of owning Centrotec security.