Century Communities Stock Probability of Future Stock Price Finishing Under 29.61465
| CCS Stock | USD 79.73 0.70 0.89% |
Closest to current price Century long CALL Option Payoff at Expiration
Century |
Century Communities Target Price Odds to finish below 29.61465
The tendency of Century Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 29.61 or more in 90 days |
| 79.73 | 90 days | 29.61 | near 1 |
Based on a normal probability distribution, the odds of Century Communities to drop to $ 29.61 or more in 90 days from now is near 1 (This Century Communities probability density function shows the probability of Century Stock to fall within a particular range of prices over 90 days) . Probability of Century Communities price to stay between $ 29.61 and its current price of $79.73 at the end of the 90-day period is roughly 2.07 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.47 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Century Communities will likely underperform. Additionally Century Communities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Century Communities Price Density |
| Price |
Predictive Modules for Century Communities
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 Communities. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Century Communities' 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.
Century Communities Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Century Communities is not an exception. The market had few large corrections towards the Century Communities' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Century Communities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Century Communities within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 2.47 | |
σ | Overall volatility | 3.64 | |
Ir | Information ratio | -0.07 |
Century Communities Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Century Communities for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Century Communities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Century Communities generated a negative expected return over the last 90 days | |
| Century Communities has a poor financial position based on the latest SEC disclosures | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 13th of March 2024 Century Communities paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: The Montreal Daffodil Ball raises 1,474,785 to take on cancer |
Century Communities Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Century Stock often depends not only on the future outlook of the current and potential Century Communities' 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 Communities' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.2 M | |
| Cash And Short Term Investments | 226.2 M |
Century Communities Technical Analysis
Century Communities' future price can be derived by breaking down and analyzing its technical indicators over time. Century Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Century Communities. In general, you should focus on analyzing Century Stock price patterns and their correlations with different microeconomic environments and drivers.
Century Communities Predictive Forecast Models
Century Communities' time-series forecasting models is one of many Century Communities' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Century Communities' 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 stock market movement and maximize returns from investment trading.
Things to note about Century Communities
Checking the ongoing alerts about Century Communities for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Century Communities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Century Communities generated a negative expected return over the last 90 days | |
| Century Communities has a poor financial position based on the latest SEC disclosures | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 13th of March 2024 Century Communities paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: The Montreal Daffodil Ball raises 1,474,785 to take on cancer |
Check out Century Communities Backtesting, Century Communities Valuation, Century Communities Correlation, Century Communities Hype Analysis, Century Communities Volatility, Century Communities History as well as Century Communities Performance. For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.Note that the Century Communities information on this page should be used as a complementary analysis to other Century Communities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Century Stock analysis
When running Century Communities' price analysis, check to measure Century Communities' 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 Communities is operating at the current time. Most of Century Communities' value examination focuses on studying past and present price action to predict the probability of Century Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Communities' price. Additionally, you may evaluate how the addition of Century Communities to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Century Communities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Century Communities. If investors know Century will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Century Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.154 | Dividend Share 0.92 | Earnings Share 8.05 | Revenue Per Share 115.674 | Quarterly Revenue Growth 0.022 |
The market value of Century Communities is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Communities' value that differs from its market value or its book value, called intrinsic value, which is Century Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Century Communities' market value can be influenced by many factors that don't directly affect Century Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.