Centene Stock Story

CNC
 Stock
  

USD 83.56  2.65  3.07%   

Centene investor sentiment overview provides quick insight into current market opportunities from investing in Centene Corp. The current market sentiment together Centene Corp's historical and current headlines can help investors to time the market. Many technical investors use Centene Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Continue to Centene Corp Hype Analysis, Centene Corp Correlation and Centene Corp Performance.
  
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Centene Corp stock news, alerts, and headlines are usually related to their technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Centene daily returns and investor perception about the current pice of Centene Corp as well as its diversification or hedging effects on your existing portfolios.

Centene Latest Sentiment Indicators

200 Day MA
78.53
Short Percent
0.016
Short Ratio
3.15
Shares Short Prior Month
7.9 M
50 Day MA
82.23
52 Week Low
59.67
Shares Short
8.3 M

Centene Corp Current Investor Sentiment

Investor biases related to Centene Corp's public news can be used to forecast risks associated with 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 equiteis that are difficult to arbitrage are affected by market sentiment the most.
Centene Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Centene Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Centene Corp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Centene Corp.

Centene Corp Maximum Pain Price across 2022-07-08 Option Contracts

Centene Corp's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Centene Corp close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Centene Corp's options.
Centene Corp exotic insider transaction detected
Filed transaction by Centene Corp officer. Unconventional Insider trading

Centene insider trading alert for general transaction of common stock option (right to buy) by Colin Toney, EVP Mergers & Acquisitions, on 22nd of March 2022. This event was filed by Centene Corp with SEC on 2022-03-22. Statement of changes in beneficial ownership - SEC Form 4. Colin Toney currently serves as executive vice president - mergers and acquisitions of Centene Corp

Cash Flow Correlation

Centene Corp's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Centene Corp's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
Click cells to compare fundamentals

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Centene Corp Fundamental Analysis

We analyze Centene Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centene Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centene Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Ratio

Current Ratio Comparative Analysis

Centene Corp is currently under evaluation in current ratio category among related companies. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Centene Corp Potential Pair-trading

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.

Peers

Centene Corp Related Equities

ALHCAlignment Healthcare   5.51   
0%
100.0%
HDHome Depot   0.47   
0%
8.0%
MSFTMicrosoft Corp   0.07   
1.0%
0%
MRKMerck Company   0.96   
17.0%
0%
AXPAmerican Express   1.43   
25.0%
0%
KOCoca-Cola   2.25   
40.0%
0%
JPMJP Morgan Chase   2.48   
45.0%
0%
BACBank Of America   2.50   
45.0%
0%
CVSCVS Corp   2.78   
50.0%
0%
CSCOCisco Systems   3.00   
54.0%
0%
Continue to Centene Corp Hype Analysis, Centene Corp Correlation and Centene Corp Performance. Note that the Centene Corp information on this page should be used as a complementary analysis to other Centene Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Centene Stock analysis

When running Centene Corp 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 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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Is Centene Corp's industry 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 Centene Corp. If investors know Centene 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 Centene Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.21
Market Capitalization
50.4 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0312
Return On Equity
0.0553
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene Corp'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 Centene Corp's market value can be influenced by many factors that don't directly affect Centene Corp'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 Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Centene Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene Corp'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.