Centene Corp Stock Forward View - Simple Regression
| CNC Stock | USD 43.32 0.28 0.64% |
Centene Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Centene Corp stock prices and determine the direction of Centene Corp's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Centene Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time, The relative strength index (RSI) of Centene Corp's share price is at 53 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Centene Corp, making its price go up or down. Momentum 53
Impartial
Oversold | Overbought |
Quarterly Earnings Growth 0.218 | EPS Estimate Next Quarter (0.94) | EPS Estimate Current Year 2.036 | EPS Estimate Next Year 2.99 | Wall Street Target Price 43.8824 |
Using Centene Corp hype-based prediction, you can estimate the value of Centene Corp from the perspective of Centene Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Centene Corp using Centene Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Centene using crowd psychology based on the activity and movement of Centene Corp's stock price.
Centene Corp Short Interest
A significant increase or decrease in Centene Corp's short interest from the previous month could be a good indicator of investor sentiment towards Centene. Short interest can provide insight into the potential direction of Centene Corp stock and how bullish or bearish investors feel about the market overall.
200 Day MA 41.2192 | Short Percent 0.0285 | Short Ratio 2.12 | Shares Short Prior Month 12.6 M | 50 Day MA 41.4226 |
Centene Relative Strength Index
The Simple Regression forecasted value of Centene Corp on the next trading day is expected to be 46.25 with a mean absolute deviation of 1.45 and the sum of the absolute errors of 88.48.Centene Corp Hype to Price Pattern
Investor biases related to Centene Corp's public news can be used to forecast risks associated with an investment in Centene. The trend in average sentiment can be used to explain how an investor holding Centene can time the market purely based on public headlines and social activities around Centene Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Centene Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Centene Corp.
Centene Corp Implied Volatility | 0.55 |
Centene Corp's implied volatility exposes the market's sentiment of Centene Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Centene Corp'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 Centene Corp stock will not fluctuate a lot when Centene Corp's options are near their expiration.
The Simple Regression forecasted value of Centene Corp on the next trading day is expected to be 46.25 with a mean absolute deviation of 1.45 and the sum of the absolute errors of 88.48.
Centene Corp after-hype prediction price | USD 43.32 |
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.
Check out Historical Fundamental Analysis of Centene Corp to cross-verify your projections. Prediction based on Rule 16 of the current Centene contract
Based on the Rule 16, the options market is currently suggesting that Centene Corp will have an average daily up or down price movement of about 0.0344% per day over the life of the 2026-04-17 option contract. With Centene Corp trading at USD 43.32, that is roughly USD 0.0149 . If you think that the market is fully incorporating Centene Corp's daily price movement you should consider acquiring Centene Corp options at the current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Centene Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Centene Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Centene Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Centene Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Centene Corp's open interest, investors have to compare it to Centene Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Centene Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Centene. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Centene Corp Additional Predictive Modules
Most predictive techniques to examine Centene price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Centene using various technical indicators. When you analyze Centene 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Centene Corp Simple Regression Price Forecast For the 3rd of February
Given 90 days horizon, the Simple Regression forecasted value of Centene Corp on the next trading day is expected to be 46.25 with a mean absolute deviation of 1.45, mean absolute percentage error of 3.04, and the sum of the absolute errors of 88.48.Please note that although there have been many attempts to predict Centene Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Centene Corp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Centene Corp Stock Forecast Pattern
| Backtest Centene Corp | Centene Corp Price Prediction | Research Analysis |
Centene Corp Forecasted Value
In the context of forecasting Centene Corp's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Centene Corp's downside and upside margins for the forecasting period are 43.49 and 49.01, respectively. We have considered Centene Corp's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Centene Corp stock data series using in forecasting. Note that when a statistical model is used to represent Centene Corp stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.2239 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.4504 |
| MAPE | Mean absolute percentage error | 0.035 |
| SAE | Sum of the absolute errors | 88.477 |
Predictive Modules for Centene Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centene Corp. 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.Centene Corp After-Hype Price Density Analysis
As far as predicting the price of Centene Corp 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 Centene Corp 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 investors who confused the symmetrical distributions of Stock prices, such as prices of Centene Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Centene Corp Estimiated After-Hype Price Volatility
In the context of predicting Centene Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Centene Corp's historical news coverage. Centene Corp's after-hype downside and upside margins for the prediction period are 40.53 and 46.11, respectively. We have considered Centene Corp'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Centene Corp is very steady at this time. Analysis and calculation of next after-hype price of Centene Corp is based on 3 months time horizon.
Centene Corp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Centene Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Centene Corp 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 Centene Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.34 | 2.76 | 1.28 | 0.24 | 17 Events / Month | 7 Events / Month | In about 17 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
43.32 | 43.32 | 0.00 |
|
Centene Corp Hype Timeline
On the 2nd of February Centene Corp is traded for 43.32. The entity has historical hype elasticity of -1.28, and average elasticity to hype of competition of -0.24. Centene is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 73.21%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is currently at 0.34%. %. The volatility of related hype on Centene Corp is about 387.1%, with the expected price after the next announcement by competition of 43.08. About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. Centene Corp has Price/Earnings To Growth (PEG) ratio of 1.07. The entity recorded a loss per share of 10.6. The firm last dividend was issued on the 29th of October 2010. Centene Corp had 2:1 split on the 7th of February 2019. Considering the 90-day investment horizon the next estimated press release will be in about 17 days. Check out Historical Fundamental Analysis of Centene Corp to cross-verify your projections.Centene Corp Related Hype Analysis
Having access to credible news sources related to Centene Corp's direct competition is more important than ever and may enhance your ability to predict Centene Corp's future price movements. Getting to know how Centene Corp's peers 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 Centene Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| THC | Tenet Healthcare | 5.05 | 9 per month | 0.00 | (0.1) | 3.14 | (3.00) | 14.80 | |
| MEDP | Medpace Holdings | (4.07) | 10 per month | 0.00 | (0.04) | 3.02 | (2.33) | 10.01 | |
| HOLX | Hologic | (3.77) | 11 per month | 0.00 | (0.14) | 0.32 | (0.20) | 1.03 | |
| SNN | Smith Nephew SNATS | (4.07) | 21 per month | 0.00 | (0.07) | 2.40 | (1.94) | 14.66 | |
| UHS | Universal Health Services | (0.41) | 34 per month | 0.00 | (0.07) | 2.49 | (2.94) | 8.92 | |
| FMS | Fresenius Medical Care | (0.03) | 10 per month | 0.00 | (0.16) | 3.00 | (3.83) | 10.14 | |
| ILMN | Illumina | 0.70 | 11 per month | 1.50 | 0.15 | 4.19 | (2.87) | 28.04 | |
| TEM | Tempus AI Class | 2.44 | 10 per month | 0.00 | (0.17) | 5.61 | (5.14) | 16.51 | |
| RPRX | Royalty Pharma Plc | (3.77) | 10 per month | 1.41 | 0.09 | 2.03 | (2.28) | 12.26 | |
| GMAB | Genmab AS | 0.80 | 11 per month | 2.03 | 0.07 | 4.09 | (3.17) | 9.44 |
Other Forecasting Options for Centene Corp
For every potential investor in Centene, whether a beginner or expert, Centene Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Centene Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Centene. Basic forecasting techniques help filter out the noise by identifying Centene Corp's price trends.Centene Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Centene Corp stock to make a market-neutral strategy. Peer analysis of Centene Corp could also be used in its relative valuation, which is a method of valuing Centene Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Centene Corp Market Strength Events
Market strength indicators help investors to evaluate how Centene Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centene Corp shares will generate the highest return on investment. By undertsting and applying Centene Corp stock market strength indicators, traders can identify Centene Corp entry and exit signals to maximize returns.
Centene Corp Risk Indicators
The analysis of Centene Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Centene Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting centene stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.94 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.36 | |||
| Downside Variance | 12.15 | |||
| Semi Variance | 8.65 | |||
| Expected Short fall | (2.19) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Centene Corp
The number of cover stories for Centene Corp depends on current market conditions and Centene Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Centene Corp 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 Centene Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Centene Corp Short Properties
Centene Corp's future price predictability will typically decrease when Centene Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Centene Corp often depends not only on the future outlook of the potential Centene Corp'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. Centene Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 523.7 M | |
| Cash And Short Term Investments | 16.7 B |
Check out Historical Fundamental Analysis of Centene Corp to cross-verify your projections. For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Will Health Care Providers & Services sector continue expanding? Could Centene diversify its offerings? Factors like these will boost the valuation of Centene Corp. Projected growth potential of Centene fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Centene Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.218 | Earnings Share (10.60) | Revenue Per Share | Quarterly Revenue Growth 0.215 | Return On Assets |
Understanding Centene Corp requires distinguishing between market price and book value, where the latter reflects Centene's accounting equity. The concept of intrinsic value—what Centene Corp's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Centene Corp's price substantially above or below its fundamental value.
It's important to distinguish between Centene Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Centene Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Centene Corp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.