Centene Corp Stock Price on January 17, 2025
| CNC Stock | USD 63.91 0.81 1.25% |
If you're considering investing in Centene Stock, it is important to understand the factors that can impact its price. As of today, the current price of Centene Corp stands at 63.91, as last reported on the 30th of January, with the highest price reaching 64.95 and the lowest price hitting 63.33 during the day. At this point, Centene Corp is very steady. Centene Corp secures Sharpe Ratio (or Efficiency) of 0.0146, which signifies that the company had a 0.0146 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Centene Corp, which you can use to evaluate the volatility of the firm. Please confirm Centene Corp's Risk Adjusted Performance of 0.0333, downside deviation of 1.83, and Mean Deviation of 1.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.0256%.
Centene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Centene |
Sharpe Ratio = 0.0146
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| Negative Returns | CNC |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Centene Corp is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Centene Corp by adding it to a well-diversified portfolio.
Related Headline
CVS Health Headline on 17th of January 2025
How UnitedHealth and rivals made 7.3 billion marking up drug... by newsweek.com
The Federal Trade Commission said three top pharmacy suppliers made profits of 7,700 percent on a lifesaving hypertension drug.
Centene Corp Valuation on January 17, 2025
It is possible to determine the worth of Centene Corp on a given historical date. On January 17, 2025 Centene was worth 62.8 at the beginning of the trading date compared to the closed value of 62.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centene Corp stock. Still, in general, we apply an absolute valuation method to find Centene Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Centene Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centene Corp's related companies.
| Open | High | Low | Close | Volume | |
| 62.35 | 63.70 | 61.71 | 62.87 | 3,540,195 | |
01/17/2025 | 62.80 | 63.13 | 62.07 | 62.25 | 4,387,651 |
| 62.79 | 63.75 | 62.27 | 63.66 | 4,760,153 |
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Centene Corp Trading Date Momentum on January 17, 2025
| On January 21 2025 Centene Corp was traded for 63.66 at the closing time. Highest Centene Corp's price during the trading hours was 63.75 and the lowest price during the day was 62.27 . The net volume was 4.8 M. The overall trading history on the 21st of January contributed to the next trading period price growth. The overall trading delta to the next next day price was 2.27% . The overall trading delta to current price is 5.24% . |
Centene Corp Fundamentals Correlations and Trends
By evaluating Centene Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Centene Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Centene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Centene Corp Stock history
Centene Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Centene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centene Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Centene Corp stock prices may prove useful in developing a viable investing in Centene Corp
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72500 people.
Centene Corp Stock Technical Analysis
Centene Corp 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.
Price Boundaries
Centene Corp Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
Centene Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Centene Corp January 30, 2025 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centene Corp's price direction in advance. Along with the technical and fundamental analysis of Centene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centene to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0814 |
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Complementary Tools for Centene Stock analysis
When running Centene Corp's price analysis, check to measure Centene Corp'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 Centene Corp is operating at the current time. Most of Centene Corp's value examination focuses on studying past and present price action to predict the probability of Centene Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centene Corp's price. Additionally, you may evaluate how the addition of Centene Corp to your portfolios can decrease your overall portfolio volatility.
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