Centogene Stock Story

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CNTG
 Stock
  

USD 1.58  0.04  2.47%   

By Ellen Johnson
Macroaxis Story
Centogene Average Equity is projected to increase significantly based on the last few years of reporting. The past year's Average Equity was at 46.09 Million. The current year Invested Capital is expected to grow to about 54.6 M, whereas Earnings before Tax are forecasted to decline to (47.7 M). The underlying objective of this short story is to digest Centogene as an investment oportunity for August. We will discuss why recent Centogene price moves suggest a bounce in August.
Published over a month ago
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Centogene (NASDAQ:CNTG) is to drop even more in August

The firm shows a Beta (market volatility) of 1.1961, which signifies a somewhat significant risk relative to the market. Let's try to break down what Centogene's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Centogene will likely underperform. Even though it is essential to pay attention to Centogene NV historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Centogene NV exposes twenty-one different technical indicators, which can help you to evaluate its performance. Centogene NV has an expected return of -0.61%. Please be advised to confirm Centogene NV jensen alpha, as well as the relationship between the potential upside and skewness to decide if Centogene NV performance from the past will be repeated at some point in the near future.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Centogene NV. Regardless of method or technology, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Centogene

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Centogene's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Centogene in the context of predictive analytics.
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Centogene. Your research has to be compared to or analyzed against Centogene's peers to derive any actionable benefits. When done correctly, Centogene's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Centogene NV.

How important is Centogene's Liquidity

Centogene financial leverage refers to using borrowed capital as a funding source to finance Centogene NV ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Centogene financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Centogene's total debt and its cash.

How does Centogene utilize its cash?

To perform a cash flow analysis of Centogene, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Centogene is receiving and how much cash it distributes out in a given period. The Centogene cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Centogene Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (21.74 Million)

Detailed Perspective On Centogene

The big decline in price over the last few months for Centogene NV could raise concerns from shareholders as the firm is trading at a share price of 2.65 on very low momentum in volume. The company executives failed to add value to investors and position the firm supply of money to exploit market volatility in June. However, diversifying your holdings with Centogene NV or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.2. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Centogene partners.

Returns Breakdown

Return on Assets(0.42)
Return on Equity(1.04)
Return Capital(0.9)
Return on Sales(0.26)

Will Centogene growth be reasonable after the surge?

The mean deviation is down to 3.68 as of today. Centogene NV exhibits very low volatility with skewness of 0.51 and kurtosis of 2.4. However, we advise investors to further study Centogene NV technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Centogene's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Centogene's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Centogene Implied Volatility

Centogene's implied volatility exposes the market's sentiment of Centogene NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Centogene's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Centogene stock will not fluctuate a lot when Centogene's options are near their expiration.

Our Final Take On Centogene

Although some other firms in the diagnostics & research industry are either recovering or due for a correction, Centogene may not be as strong as the others in terms of longer-term growth potentials. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither acquire nor short any shares of Centogene at this time. The Centogene NV risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Centogene.

Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Centogene NV. Please refer to our Terms of Use for any information regarding our disclosure principles.

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