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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
CET
Primary Facts
Asset Management
Name:
-
Sector:
57.45M
Industry:
35.7
CEO:
Mr. Wilmot Kidd
Total Employees:
Small Cap
Our Technological Advancement Rating
Our Rating:
-
Central Securities Corp (XNYS:CET) In-Depth Stock/Fundamental/Options Analysis Today
Primary Targets/Price Insights
Previous Close ($) :
Central Securities Corp (XNYS:CET)
One Month Price Target:
Six Month Price Target :
$35.85
Likely Price in One Year's Time:
Ticker:
$36.61
Likely Trading Range Today Under (Normal Volatility)
$35.8
Price Upper limit ($) :
$37.52
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
P162
This week:
$34.6
This month :
$33.24
Other Primary facts
Market Cap:
-
Market Cap Classification:
1.15B
Number of Shares
IPO Date:
-
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
-13.64%
$30.78
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$38.46
12.23%
$32.94
$40.80
Medium risk (<10%) entry points
Buy Call
Sell Call
$37.20
Buy Put:
Sell Put:
$30.60
$34.20
$37.70
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
Asset Management
Sharpe Ratio:
CET, is amongst the top 60% highest yielding stocks in terms of daily returns
Comparison:
0.80%
0.486465498
Sharpe ratio is 48.65% higher than the industry
Average Returns/Yield of
Asset Management
Daily returns:
1
Weekly returns:
0.03%
Monthly returns:
0.13%
Yearly returns:
6.46%
Comparison of returns:
-0.296395082
Classification:
Average annual returns/yield (last 3 years) is -29.64% below industry average
Results of T-Test of Returns:
CET is a comparatively less risky than Nasdaq (IXIC)
Statistical test of Returns:
0.53
Volatility (measured by Standard Deviation)
Daily Volatility:
& is -47.56% lower than the market/S&P 500 average
Weekly Volatility:
1.51%
Monthly Volatility:
3.38%
Yearly Volatility:
6.76%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
29.48%
-68.43%
Value at Risk Analysis (VaR)
Daily VaR:
Volatility in last five trading days has been -68.43% below long-term volatility
Weekly VaR:
-3.08%
Monthly VaR:
-6.88%
How Much Can the price of
Asset Management
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
Risk of crash in next 6/12 months: Medium (<50%)
Worst case (decline):
$31.46
This translates to price declining to:
-12%
This translates to price declining to:
-47.69%
Severe Crash Probability
-13.77%
What is Value at Risk (VaR)?
Risk Fundamentals
-16.75%
CET is -2.83% less risky an investment compared to the market/S&P 500 & is -16.75% less risky than Nasdaq(IXIC)
CET is -2.83% less risky an investment compared to the market/S&P 500
Beta Examination of
Asset Management
0.757
Expected beta in 1 year's time:
0.484
Expected beta in 3 year's time:
0.58
Unlevered (debt free) Beta:
Beta in relation to market/S&P 500--0.76
Beta in relation to Nasdaq (XNAS):
Returns are left (negative) skewed; mean returns are lower than median and mode returns
Beta in relation to all global stocks::
Beta is -55.30% below industry average
Beta Comparison & Analysis
Beta of competitors/peers::
-
-0.102
Average Industry Beta:
Beta is -10.19% lower than peers
-0.552972303
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
WACC is 32.49% above industry mean WACC
-
Alpha provided | Alpha Analysis
Alpha provided:
0.820
-0.663
-1.195
Analysis of Cost of Capital of
Asset Management
Equity cost of capital:
Alpha is -119% below the market average
-0.435
Unlevered (without debt) cost of capital:
Equity cost of capital is -43.49% below industry mean WACC
Before-tax cost of debt:
-
After-tax cost of debt:
12164.47%
Overall debt rating:
9609.93%
Weighted average cost of capital (WACC):
12164.47%
32.49%
Key Per-Share Metrics & Analysis
Revenue per share:
-
Revenue growth rate per share of (3Y):
Price to sales ratio is 386.86% above the industry mean
-1275.48%
EPS:
Three Hundred Fifty-Three Million Six Hundred Ninety-One Thousand Nine Hundred Dollars
Expected Annual growth rate of EPS (3Y):
-
-65.41%
Free cash flow (FCF) per share:
Price to book ratio is -31.15% below the industry mean
-
5.920597959
Debt per share
Debt repayment rate in previous year: 0.00%
EBITDA per share
-
Valuation Analysis Today of
Asset Management
P/E Ratio:
-
P/E Ratio of Competitors/Peers:
-
-
209.4368933
-0.829542926
-
-
P/S (Price to Sales ratio):
-
3.868649673
P/B (Price to book value ratio):
Price to sales ratio is 386.86% above the industry mean
-
-
Net income growth rate (3Y):
Annual revenue growth rate is -1275.48% below industry average
-865.41%
Dividend Analysis
Net income growth rate is -865.41% lower than the industry average net income growth rate
Dividend payout rate: -92.17%
$0.20
Previous Dividend: $0.20
Previous adjusted dividend: $0.20
Previous Dividend: $4.60
Expected next dividend best case: $2.05
Expected next dividend worst case: -$1.65
Average dividend payment (long-term): $0.84
Average dividend increase/decrease (growth rate) % per period: 541.42%
-
-
-
-
-
Dividend History:
-
2021-11-12--$3.55
2020-11-13--$0.65
2022-06-10--$0.20
2021-06-11--$0.20
2020-06-12--$0.20
97.05773266
In-depth Debt & Leverage Analysis
Debt to equity ratio:
-0.03%
Net debt to equity ratio:
The remaining useful life of property plant & equipment is: 3.6 years
Debt to assets ratio:
-0.03%
Net debt to assets ratio:
0.01%
-99.97%
Ability to repay debt:
Interest coverage ratio:
Debt-to-asset ratio is -99.97% below industry average
-1.03
Looking forward:
Debt growth rate:
1.0x
856.96%
0.00%
Analysis of Key Statistics
Correlation of price movement with the market:
27.7914961
Statistical significance of correlation:
-0.23%
Average Correlation of the industry with the market:
0.728
26.38%
R Squared (percentage of price movement explained by movement of the market):
0.728
Correlation of price movement with Nasdaq (^IXIC):
0.53
Covariance of price movement with the market:
0.026
Kurtosis
0.023
19.516
Skewness of returns:
Returns have severe fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are considerably more likely, compared to assets with normally distributed returns
-0.843
Fundamental Analysis & Dupont Analysis of
Asset Management
Gross Profit Margin Ratio:
-
Operating Profit Margin Ratio:
Net profit margin is -528.23% lower than the industry
50.21%
Net Profit Margin Ratio:
-
Effective Tax Rate:
-
-
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
Return on assets (ROA) is -180.64% lower than the industry
-118.62%
Financial Leverage
Asset Turnover Ratio (ROA):
Operating profit margin is 50.21% higher than the industry
-180.64%
Financial Leverage:
Interest coverage ratio is -102.70% less than industry average
Current Ratio:
Return on equity (ROE) is -118.62% lower than the industry
-
Cash Conversion Cycle (days):
-
-
-
Stock based compensation to net income ratio:
Equity growth rate per share is 592.06% higher than the industry
In-depth Efficiency Analysis
Revenue generated per employee:
-
-
EBITDA generated per employee:
-
-
Profit generated per employee:
-
-
Free cash flow (FCF) generated per employee:
-
-
Assets/Capital per employee
-
-
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
Asset Management
$150.63
ABRDN ASIA-PACIFIC INCOME FUND, INC. (XNYS:FAX)
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Cornerstone Strat Value (XNYS:CLM)
GAMCO Gl Gld NR & Inc (XNYS:GGN)
Eaton Vance Ltd Dur Inc (XNYS:EVV)
Invesco Adv Muni II (XNYS:VKI)
Allspring Income Oppty (XNYS:EAD)
Cornerstone Total Return (XNYS:CRF)
Current Analyst Ratings
$12.97
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Income Statement
Period:
6/30/2020
Date:
Value
Revenue:
TTM
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
31.14M
-
-
-
8.61M
9.14M
-
-
9.14M
-
24.07M
9.19K
-46%
-
- 84721.43K
-315%
-
Statement of Cash Flow
Date:
Period:
353.58M
Differed Income Tax :
7.23K
Stock Based Compensation :
-
Change in Working Capital :
-
Accounts Receivables:
- 430.47K
Other Working Capital:
-
Other Non-Cash Items:
-
Net Cash Provided by Operating Activities:
- 295704.70K
Investments in PP&E:
57.45M
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
Value
12/31/2021
2021
FY
612.86K
-
612.86K
692.48K
-
-
-
197.87K
-
-
1.33B
-
-
-
1.33B
1.33B
-
-
-
-
-
-
197.87K
-
197.87K
562.14K
364.27K
27.27M
897.70M
-
Value
9.14M
407.63M
1.33B
1.33B
-
197.87K
-
-
-
-
-
-
-
- 57806.74K
-
- 57806.74K
-
- 357.98K
612.86K
970.84K
57.45M
-
Our Proprietary Portfolio Rating
Our Rating:
-
Price Forecast/Expected Price in Next 5 Years of
Asset Management
2023
2024
2025
2026
2027
123.5001912
$37.71
$129.79
$136.39
$143.33