Is Century Aluminum Stock a Good Investment?
Century Aluminum Investment Advice | CENX |
- Examine Century Aluminum's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Century Aluminum's leadership team and their track record. Good management can help Century Aluminum navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Century Aluminum's business and its evolving consumer preferences.
- Compare Century Aluminum's performance and market position to its competitors. Analyze how Century Aluminum is positioned in terms of product offerings, innovation, and market share.
- Check if Century Aluminum pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Century Aluminum's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Century Aluminum stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Century Aluminum is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Century Aluminum Stock
Researching Century Aluminum's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 43.0% of the company shares are held by company insiders. The book value of Century Aluminum was currently reported as 7.03. The company last dividend was issued on the 18th of September 2002.
To determine if Century Aluminum is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Century Aluminum's research are outlined below:
Century Aluminum appears to be risky and price may revert if volatility continues | |
The company reported the previous year's revenue of 2.19 B. Net Loss for the year was (43.1 M) with profit before overhead, payroll, taxes, and interest of 46.7 M. | |
About 62.0% of the company shares are held by institutions such as insurance companies |
Century Aluminum uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Century Aluminum. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Century Aluminum's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024 Upcoming Quarterly Report | View | |
13th 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 |
Century Aluminum's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.21 B.Century Aluminum's profitablity analysis
The company has Profit Margin (PM) of 0.15 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.12 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.12.Determining Century Aluminum's profitability involves analyzing its financial statements and using various financial metrics to determine if Century Aluminum is a good buy. For example, gross profit margin measures Century Aluminum's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Century Aluminum's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Century Aluminum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Century Aluminum. Check Century Aluminum's Beneish M Score to see the likelihood of Century Aluminum's management manipulating its earnings.
Basic technical analysis of Century Stock
As of the 28th of November, Century Aluminum shows the Downside Deviation of 3.28, risk adjusted performance of 0.1623, and Mean Deviation of 2.93. Century Aluminum technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Century Aluminum's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Century Aluminum insiders, such as employees or executives, is commonly permitted as long as it does not rely on Century Aluminum's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Century Aluminum insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Century Aluminum's Outstanding Corporate Bonds
Century Aluminum issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Century Aluminum uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Century bonds can be classified according to their maturity, which is the date when Century Aluminum has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Century Aluminum's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Century Aluminum's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.1623 | |||
Market Risk Adjusted Performance | 0.388 | |||
Mean Deviation | 2.93 | |||
Semi Deviation | 2.64 | |||
Downside Deviation | 3.28 | |||
Coefficient Of Variation | 497.27 | |||
Standard Deviation | 4.15 | |||
Variance | 17.23 | |||
Information Ratio | 0.1709 | |||
Jensen Alpha | 0.573 | |||
Total Risk Alpha | 0.1998 | |||
Sortino Ratio | 0.2162 | |||
Treynor Ratio | 0.378 | |||
Maximum Drawdown | 24.39 | |||
Value At Risk | (4.38) | |||
Potential Upside | 6.41 | |||
Downside Variance | 10.77 | |||
Semi Variance | 6.95 | |||
Expected Short fall | (3.55) | |||
Skewness | 1.4 | |||
Kurtosis | 6.51 |
Risk Adjusted Performance | 0.1623 | |||
Market Risk Adjusted Performance | 0.388 | |||
Mean Deviation | 2.93 | |||
Semi Deviation | 2.64 | |||
Downside Deviation | 3.28 | |||
Coefficient Of Variation | 497.27 | |||
Standard Deviation | 4.15 | |||
Variance | 17.23 | |||
Information Ratio | 0.1709 | |||
Jensen Alpha | 0.573 | |||
Total Risk Alpha | 0.1998 | |||
Sortino Ratio | 0.2162 | |||
Treynor Ratio | 0.378 | |||
Maximum Drawdown | 24.39 | |||
Value At Risk | (4.38) | |||
Potential Upside | 6.41 | |||
Downside Variance | 10.77 | |||
Semi Variance | 6.95 | |||
Expected Short fall | (3.55) | |||
Skewness | 1.4 | |||
Kurtosis | 6.51 |
Consider Century Aluminum's intraday indicators
Century Aluminum intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Century Aluminum stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Century Aluminum time-series forecasting models is one of many Century Aluminum's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Century Aluminum's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Century Stock media impact
Far too much social signal, news, headlines, and media speculation about Century Aluminum that are available to investors today. That information is available publicly through Century media outlets and privately through word of mouth or via Century internal channels. However, regardless of the origin, that massive amount of Century data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Century Aluminum news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Century Aluminum relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Century Aluminum's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Century Aluminum alpha.
Century Aluminum Corporate Management
John JD | General VP | Profile | |
Kenneth Calloway | Senior Resources | Profile | |
Matthew Aboud | Senior Development | Profile | |
Ryan Crawford | Financial Manager | Profile | |
Theresa Brainerd | Global Controller | Profile | |
Agust Hafberg | Senior Officer | Profile | |
CPA BA | Sr Treasurer | Profile |
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.