Centrica Plc Stock Market Value
| CPYYF Stock | USD 1.49 0.01 0.68% |
| Symbol | Centrica |
Centrica Plc 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Centrica Plc's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Centrica Plc.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Centrica Plc on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Centrica plc or generate 0.0% return on investment in Centrica Plc over 30 days. Centrica Plc is related to or competes with Vistra Energy, NRG Energy, Huaneng Power, Power Assets, Power Assets, China Resources, and China Resources. Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and interna... More
Centrica Plc Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Centrica Plc's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Centrica plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.35 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 3.23 |
Centrica Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centrica Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centrica Plc's standard deviation. In reality, there are many statistical measures that can use Centrica Plc historical prices to predict the future Centrica Plc's volatility.| Risk Adjusted Performance | 4.0E-4 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Centrica Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Centrica plc Backtested Returns
At this point, Centrica Plc is very risky. Centrica plc secures Sharpe Ratio (or Efficiency) of 0.0292, which signifies that the company had a 0.0292% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Centrica plc, which you can use to evaluate the volatility of the firm. Please confirm Centrica Plc's Standard Deviation of 2.95, risk adjusted performance of 4.0E-4, and Mean Deviation of 1.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0838%. Centrica Plc has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Centrica Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Centrica Plc is expected to be smaller as well. Centrica plc right now shows a risk of 2.87%. Please confirm Centrica plc information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Centrica plc will be following its price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Centrica plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Centrica Plc time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Centrica plc price movement. The serial correlation of -0.76 indicates that around 76.0% of current Centrica Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Centrica plc lagged returns against current returns
Autocorrelation, which is Centrica Plc pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Centrica Plc's pink sheet expected returns. We can calculate the autocorrelation of Centrica Plc returns to help us make a trade decision. For example, suppose you find that Centrica Plc has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Centrica Plc regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Centrica Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centrica Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centrica Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Centrica Plc Lagged Returns
When evaluating Centrica Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centrica Plc pink sheet have on its future price. Centrica Plc autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Centrica Plc autocorrelation shows the relationship between Centrica Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Centrica plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Centrica Pink Sheet
Centrica Plc financial ratios help investors to determine whether Centrica Pink Sheet 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 Centrica with respect to the benefits of owning Centrica Plc security.