Century Stock Future Price Prediction

CENX -  USA Stock  

USD 13.20  0.03  0.23%

Century Aluminum C stock price prediction is an act of determining the future value of Century Aluminum shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Century Aluminum's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Century Aluminum and does not consider all of the tangible or intangible factors available from Century Aluminum's fundamental data. We analyze noise-free headlines and recent hype associated with Century Aluminum C, which may create opportunities for some arbitrage if properly timed.
Continue to Century Aluminum Basic Forecasting Models to cross-verify your projections.

Century Price Prediction 

 
Refresh
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Century Aluminum based on different types of headlines from major news networks to social media. The Century stock price prediction module provides an analysis of price elasticity to changes in media outlook on Century Aluminum over a specific investment horizon. Using Century Aluminum hype-based prediction, you can estimate the value of Century Aluminum C from the perspective of Century Aluminum response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Century Aluminum using Century Aluminum's options and short interest. It helps to benchmark the overall future attitude of investors towards Century using crowd psychology based on the activity and movement of Century Aluminum's stock price.
Century Aluminum Current Ratio is fairly stable at the moment as compared to the past year. Century Aluminum reported Current Ratio of 1.90 in 2020. Free Cash Flow per Share is likely to rise to 0.38 in 2021, whereas Interest Coverage is likely to drop 3.79 in 2021.

Century Aluminum Implied Volatility

    
  43.93  
Century Aluminum's implied volatility exposes the market's sentiment of Century Aluminum C stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Century Aluminum's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Century Aluminum stock will not fluctuate a lot when Century Aluminum's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Century Aluminum. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Century Aluminum to buy its stock at a price that has no basis in reality. In that case, they are not buying Century because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Century Aluminum after-hype prediction price

    
  $ 13.24  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Century Aluminum'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. Please use the tools below to analyze the current value of Century Aluminum in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
10.6915.1119.53
Details
Naive
Forecast
LowNext ValueHigh
7.6312.0616.48
Details
1 Analysts
Consensus
LowTarget PriceHigh
19.0019.0019.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
0.410.410.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Century Aluminum. Your research has to be compared to or analyzed against Century Aluminum's peers to derive any actionable benefits. When done correctly, Century Aluminum's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Century Aluminum C.

Century Aluminum After-Hype Price Prediction Density Analysis

As far as predicting the price of Century Aluminum at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Century Aluminum or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Century Aluminum, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Century Aluminum Estimiated After-Hype Price Volatility

In the context of predicting Century Aluminum's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Century Aluminum's historical news coverage. Century Aluminum's after-hype downside and upside margins for the prediction period are 8.82 and 17.66, respectively. We have considered Century Aluminum's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
13.20
3rd of December 2021
13.24
After-hype Price
17.66
Upside
Century Aluminum is somewhat reliable asset. Analysis and calculation of next after-hype price of Century Aluminum C is based on 3 months time horizon.

Century Aluminum Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Century Aluminum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Century Aluminum backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Century Aluminum, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.15  4.42  0.04   0.02  5 Events / Month1 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
13.2013.240.30 
1,579  

Century Aluminum Hype Timeline

Century Aluminum C is currently traded for 13.20. The entity has historical hype elasticity of 0.04 and average elasticity to hype of competition of -0.02. Century is estimated to increase in value after the next headline with price projected to jump to 13.24 or above. The average volatility of media hype impact on the company stock price is over 100%. The price jump on the next news is forecasted to be 0.3% whereas the daily expected return is currently at 0.15%. The volatility of related hype on Century Aluminum is about 3348.48% with expected price after next announcement by competition of 13.18. The company reported the previous year's revenue of 1.75 B. Net Loss for the year was (268.8 M) with loss before overhead, payroll, taxes, and interest of (36.5 M). Given the investment horizon of 90 days the next estimatedpress releasewill be in about 5 days.
Continue to Century Aluminum Basic Forecasting Models to cross-verify your projections.

Century Aluminum Related Hype Analysis

Having access to credible news sources related to Century Aluminum's direct competition is more important than ever and may enhance your ability to predict Century Aluminum's future price movements. Getting to know how Century Aluminum rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Century Aluminum may potentially react to the hype associated with one of its peers.

Century Aluminum Additional Predictive Modules

Most predictive techniques to examine Century price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Century using various technical indicators. When you analyze Century charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Century Aluminum Predictive Indicators

The successful prediction of Century Aluminum stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Century Aluminum C, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Century Aluminum based on analysis of Century Aluminum hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Century Aluminum's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Century Aluminum's related companies.
 2020 2021 (projected)
Long Term Debt to Equity0.530.57
Interest Coverage3.833.79

Story Coverage note for Century Aluminum

The number of cover stories for Century Aluminum depends on current market conditions and Century Aluminum's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Century Aluminum is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Century Aluminum's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Century Aluminum Short Properties

Century Aluminum's future price predictability will typically decrease when Century Aluminum's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Century Aluminum C often depends not only on the future outlook of the potential Century Aluminum's 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 Aluminum's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out5.09%
Short Percent Of Float9.00%
Float Shares50.79M
Shares Short Prior Month5.77M
Average Daily Volume Last 10 Day1.08M
Average Daily Volume In Three Month1.58M
Date Short Interest30th of September 2021
Continue to Century Aluminum Basic Forecasting Models to cross-verify your projections. Note that the Century Aluminum C information on this page should be used as a complementary analysis to other Century Aluminum's 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 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 Aluminum C 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 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.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Is Century Aluminum'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 Century Aluminum. 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 Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Aluminum C 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 Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum'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 Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum'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 Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine Century Aluminum value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum'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.