Centene Corp (Germany) Price on December 13, 2024

QEN Stock  EUR 55.80  0.37  0.67%   
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 55.80, as last reported on the 15th of December 2024, with the highest price reaching 55.80 and the lowest price hitting 55.80 during the day. Centene Corp secures Sharpe Ratio (or Efficiency) of -0.089, which signifies that the company had a -0.089% return per unit of risk over the last 3 months. Centene Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centene Corp's Standard Deviation of 2.83, risk adjusted performance of (0.05), and Mean Deviation of 1.68 to double-check the risk estimate we provide.
  
Centene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.089

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  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.

Centene Corp Valuation on December 13, 2024

It is possible to determine the worth of Centene Corp on a given historical date. On December 13, 2024 Centene was worth 55.8 at the beginning of the trading date compared to the closed value of 55.8. 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
  53.82    55.43    53.82    55.43    250.00  
12/13/2024
  55.80    55.80    55.80    55.80    250.00  
  55.80    55.80    55.80    55.80    0.00  
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Open Value
55.8
55.8
Closing Value
64.29
Upside

Centene Corp Trading Date Momentum on December 13, 2024

On December 15 2024 Centene Corp was traded for  55.80  at the closing time. The highest daily price throughout the period was 55.80  and the lowest price was  55.80 . There was no trading activity during the period 0.0. Lack of trading volume on 12/15/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

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 diversified and 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 Health Care Plans classification in Germany and is traded on Frankfurt Stock Exchange. It employs 47300 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.
A focus of Centene Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Centene Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Centene Corp Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Centene Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 15, 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.

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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