Centene Corp Stock Price on November 22, 2024
| CNC Stock | USD 60.35 1.25 2.12% |
Below is the normalized historical share price chart for Centene Corp extending back to December 13, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Centene Corp stands at 60.35, as last reported on the 22nd of November, with the highest price reaching 60.43 and the lowest price hitting 58.50 during the day.
If you're considering investing in Centene Stock, it is important to understand the factors that can impact its price. Centene Corp secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Centene Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centene Corp's Standard Deviation of 2.37, risk adjusted performance of (0.12), and Mean Deviation of 1.67 to double-check the risk estimate we provide.
At present, Centene Corp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 15.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 293.9 M. . At present, Centene Corp's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.11, whereas Price Earnings Ratio is forecasted to decline to 14.18. Centene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of December 2001 | 200 Day MA 72.3275 | 50 Day MA 67.2682 | Beta 0.493 |
Centene |
Sharpe Ratio = -0.1514
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNC |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Centene Corp is not performing at its full potential. However, 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 Centene Corp to a well-diversified portfolio.
Price Book 1.0688 | Enterprise Value Ebitda 4.9622 | Price Sales 0.2041 | Shares Float 502.4 M | Wall Street Target Price 81.7159 |
Centene Corp Valuation on November 22, 2024
It is possible to determine the worth of Centene Corp on a given historical date. On November 22, 2024 Centene was worth 59.4 at the beginning of the trading date compared to the closed value of 60.35. 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 | |
| 58.20 | 59.44 | 58.00 | 59.10 | 4,562,907 | |
11/21/2024 | 59.40 | 60.43 | 58.50 | 60.35 | 6,849,193 |
| Backtest Centene Corp | | | Centene Corp History | | | Centene Corp Valuation | Previous |
Centene Corp Trading Date Momentum on November 22, 2024
| On November 21 2024 Centene Corp was traded for 60.35 at the closing time. Highest Centene Corp's price during the trading hours was 60.43 and the lowest price during the day was 58.50 . The net volume was 6.8 M. The overall trading history on the 21st of November did not affect price variability. The overall trading delta to current price is 1.57% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 545.7 M | 293.9 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.5 B |
Centene Corp Quarterly Net Working Capital |
|
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 | November 22, 2024
| 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 November 22, 2024 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 | (0.12) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (8.81) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |