Centogene B V Stock Market Value
| CNTG Stock | USD 0.09 0.02 14.09% |
| Symbol | Centogene |
Centogene B V Price To Book Ratio
Is Health Care Providers & Services space 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 Centogene. If investors know Centogene 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 Centogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.39) | Revenue Per Share 1.723 | Quarterly Revenue Growth (0.08) | Return On Assets (0.27) | Return On Equity (13.75) |
The market value of Centogene B V is measured differently than its book value, which is the value of Centogene that is recorded on the company's balance sheet. Investors also form their own opinion of Centogene's value that differs from its market value or its book value, called intrinsic value, which is Centogene'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 Centogene's market value can be influenced by many factors that don't directly affect Centogene'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 Centogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centogene'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.
Centogene 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Centogene's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Centogene.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Centogene on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Centogene B V or generate 0.0% return on investment in Centogene over 720 days. Centogene is related to or competes with Fonar, Exagen, Sera Prognostics, Sotera Health, MDxHealth, Inotiv, and Star Equity. Centogene N.V., together with its subsidiaries, focuses on rare diseases that transforms real-world clinical and genetic... More
Centogene Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Centogene's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Centogene B V upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.43 | |||
| Information Ratio | 0.1159 | |||
| Maximum Drawdown | 235.16 | |||
| Value At Risk | (40.74) | |||
| Potential Upside | 92.86 |
Centogene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centogene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centogene's standard deviation. In reality, there are many statistical measures that can use Centogene historical prices to predict the future Centogene's volatility.| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 4.74 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.167 | |||
| Treynor Ratio | 4.73 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Centogene B V Backtested Returns
Centogene is out of control given 3 months investment horizon. Centogene B V secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.45% are justified by taking the suggested risk. Use Centogene Risk Adjusted Performance of 0.1004, downside deviation of 28.43, and Mean Deviation of 24.36 to evaluate company specific risk that cannot be diversified away. Centogene holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Centogene returns are very sensitive to returns on the market. As the market goes up or down, Centogene is expected to follow. Use Centogene sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to analyze future returns on Centogene.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Centogene B V has insignificant reverse predictability. Overlapping area represents the amount of predictability between Centogene time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Centogene B V price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Centogene price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Centogene B V lagged returns against current returns
Autocorrelation, which is Centogene stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Centogene's stock expected returns. We can calculate the autocorrelation of Centogene returns to help us make a trade decision. For example, suppose you find that Centogene has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Centogene regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Centogene stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centogene stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centogene stock over time.
Current vs Lagged Prices |
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Centogene Lagged Returns
When evaluating Centogene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centogene stock have on its future price. Centogene autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Centogene autocorrelation shows the relationship between Centogene stock current value and its past values and can show if there is a momentum factor associated with investing in Centogene B V.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Centogene B V is a strong investment it is important to analyze Centogene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centogene's future performance. For an informed investment choice regarding Centogene Stock, refer to the following important reports:Check out Centogene Correlation, Centogene Volatility and Centogene Alpha and Beta module to complement your research on Centogene. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Centogene 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.