Centogene Stock Forecast - Price Action Indicator

CNTG Stock  USD 0.09  0.01  16.88%   
Centogene Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Centogene's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Centogene's Asset Turnover is most likely to increase slightly in the upcoming years. . The current Common Stock Shares Outstanding is estimated to decrease to about 24 M. The Centogene's current Net Loss is estimated to increase to about (40.1 M).
Centogene B V has current Price Action Indicator of 0.0164. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Centogene Trading Date Momentum

On November 28 2024 Centogene B V was traded for  0.09  at the closing time. The top price for the day was 0.09  and the lowest listed price was  0.07 . There was no trading activity during the period 0.0. Lack of trading volume on November 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.22% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Centogene

For every potential investor in Centogene, whether a beginner or expert, Centogene's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Centogene Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Centogene. Basic forecasting techniques help filter out the noise by identifying Centogene's price trends.

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 Risk & Return  Correlation

Centogene B V Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Centogene's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Centogene's current price.

Centogene Market Strength Events

Market strength indicators help investors to evaluate how Centogene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centogene shares will generate the highest return on investment. By undertsting and applying Centogene stock market strength indicators, traders can identify Centogene B V entry and exit signals to maximize returns.

Centogene Risk Indicators

The analysis of Centogene'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 Centogene's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting centogene 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.
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.

Currently Active Assets on Macroaxis

When determining whether Centogene B V is a strong investment it is important to analyze Centogene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centogene's future performance. For an informed investment choice regarding Centogene Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Centogene to cross-verify your projections.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Providers & Services space 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 Centogene. If investors know Centogene 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 Centogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.39)
Revenue Per Share
1.723
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.27)
Return On Equity
(13.75)
The market value of Centogene B V is measured differently than its book value, which is the value of Centogene that is recorded on the company's balance sheet. Investors also form their own opinion of Centogene's value that differs from its market value or its book value, called intrinsic value, which is Centogene'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 Centogene's market value can be influenced by many factors that don't directly affect Centogene'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 Centogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centogene'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.