Central Puerto Sa Stock Market Value
| CEPU Stock | USD 8.97 0.16 1.75% |
| Symbol | Central |
Central Puerto SA Price To Book Ratio
Is Central Puerto's 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 Central Puerto. If investors know Central 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 Central Puerto 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 4.419 | Dividend Share 2.27 | Earnings Share (0.03) | Revenue Per Share 2.1 K | Quarterly Revenue Growth 0.021 |
The market value of Central Puerto SA is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Puerto's value that differs from its market value or its book value, called intrinsic value, which is Central Puerto's 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 Central Puerto's market value can be influenced by many factors that don't directly affect Central Puerto's 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 Central Puerto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Puerto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Puerto's 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.
Central Puerto '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 Central Puerto's stock 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 Central Puerto.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Central Puerto on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Central Puerto SA or generate 0.0% return on investment in Central Puerto over 30 days. Central Puerto is related to or competes with Korea Electric, Centrais Electricas, MGE Energy, IDACORP, Enel Chile, Centrais Eltricas, and CMS Energy. Central Puerto S.A. generates and sells electric power to private and public customers in Argentina More
Central Puerto 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 Central Puerto's stock 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 Central Puerto SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.018 | |||
| Maximum Drawdown | 19.79 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 5.81 |
Central Puerto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Central Puerto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Central Puerto's standard deviation. In reality, there are many statistical measures that can use Central Puerto historical prices to predict the future Central Puerto's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0209 | |||
| Treynor Ratio | 0.0707 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Central Puerto'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.
Central Puerto SA Backtested Returns
We consider Central Puerto somewhat reliable. Central Puerto SA secures Sharpe Ratio (or Efficiency) of 0.0089, which signifies that the company had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Central Puerto SA, which you can use to evaluate the volatility of the firm. Please confirm Central Puerto's Risk Adjusted Performance of 0.0305, mean deviation of 2.25, and Downside Deviation of 2.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.0284%. The firm shows a Beta (market volatility) of 1.44, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Central Puerto will likely underperform. Central Puerto SA right now shows a risk of 3.2%. Please confirm Central Puerto SA semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Central Puerto SA will be following its price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Central Puerto SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Central Puerto time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th of April 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 Central Puerto SA price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Central Puerto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Central Puerto SA lagged returns against current returns
Autocorrelation, which is Central Puerto stock'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 Central Puerto's stock expected returns. We can calculate the autocorrelation of Central Puerto returns to help us make a trade decision. For example, suppose you find that Central Puerto has exhibited high autocorrelation historically, and you observe that the stock 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 |
Central Puerto 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 Central Puerto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Central Puerto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Central Puerto stock over time.
Current vs Lagged Prices |
| Timeline |
Central Puerto Lagged Returns
When evaluating Central Puerto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Central Puerto stock have on its future price. Central Puerto 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, Central Puerto autocorrelation shows the relationship between Central Puerto stock current value and its past values and can show if there is a momentum factor associated with investing in Central Puerto SA.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Central Puerto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Central Puerto's short interest history, or implied volatility extrapolated from Central Puerto options trading.
Pair Trading with Central Puerto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Central Puerto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Central Puerto will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Central Puerto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Central Puerto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Central Puerto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Central Puerto SA to buy it.
The correlation of Central Puerto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Central Puerto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Central Puerto SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Central Puerto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Central Puerto Correlation, Central Puerto Volatility and Central Puerto Alpha and Beta module to complement your research on Central Puerto. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Central Stock analysis
When running Central Puerto's price analysis, check to measure Central Puerto'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 Central Puerto is operating at the current time. Most of Central Puerto's value examination focuses on studying past and present price action to predict the probability of Central Puerto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Puerto's price. Additionally, you may evaluate how the addition of Central Puerto to your portfolios can decrease your overall portfolio volatility.
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Central Puerto 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.