Central Garden has a
performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.958, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Central's beta means in this case. Central Garden returns are very sensitive to returns on the market. As the market goes up or down, Central Garden is expected to follow. Although it is important to respect
Central Garden historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By analyzing
Central Garden technical indicators, you can presently evaluate if the expected return of 0.0784% will be sustainable into the future.
Central Garden right now shows a risk of 1.86%. Please confirm Central Garden
semi variance, and the
relationship between the
treynor ratio and
daily balance of power to decide if Central Garden will be following its
price patterns.
What is the right price you would pay to acquire a share of Central Garden? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Central Garden Pet this year
Annual and quarterly reports issued by Central Garden Pet are formal
financial statements that are published yearly and quarterly and sent to Central stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Central Garden often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Central Garden Gross Profit
Central Garden Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Central Garden previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Central Garden Gross Profit growth over the last 10 years. Please check Central Garden's
gross profit and other
fundamental indicators for more details.
Is Central a risky opportunity?
Let's check the volatility. Central is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Central (NASDAQ:CENT) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a Central Garden stock makes you a part-owner of that company.
Central Garden Current Consensus
Here is the newest trade recommendation based on an ongoing consensus estimate among financial analysis covering Central Garden. The Central consensus assessment is calculated by taking the average estimates from all of the analysts covering Central Garden
| Strong Buy | 2 | 50.0 |
| Buy | 0 | 0.0 |
| Hold | 2 | 50.0 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Central technical analysis implies possible relapse
Central Garden newest standard deviation boosts over 1.92. Central Garden exhibits very low volatility with skewness of 0.05 and kurtosis of -0.26. However, we advise investors to further study Central Garden technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Central Garden's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Central Garden's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
The Bottom Line
Whereas some companies within the packaged foods industry are still a little expensive, even after the recent corrections, Central Garden may offer a potential longer-term growth to private investors. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither acquire nor trade any shares of Central Garden at this time. The Central Garden risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Central Garden.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Central Garden Pet. Please refer to our
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