Centogene B V Stock Alpha and Beta Analysis
| CNTG Stock | USD 0.09 0.02 14.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Centogene B V. It also helps investors analyze the systematic and unsystematic risks associated with investing in Centogene over a specified time horizon. Remember, high Centogene's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Centogene's market risk premium analysis include:
Beta 1.03 | Alpha 4.74 | Risk 41.39 | Sharpe Ratio 0.13 | Expected Return 5.45 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Centogene |
Centogene Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Centogene market risk premium is the additional return an investor will receive from holding Centogene long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Centogene. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Centogene's performance over market.| α | 4.74 | β | 1.03 |
Centogene expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Centogene's Buy-and-hold return. Our buy-and-hold chart shows how Centogene performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Centogene Market Price Analysis
Market price analysis indicators help investors to evaluate how Centogene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Centogene shares will generate the highest return on investment. By understating and applying Centogene stock market price indicators, traders can identify Centogene position entry and exit signals to maximize returns.
Centogene Return and Market Media
The median price of Centogene for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 0.13 with a coefficient of variation of 36.48. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.15, and mean deviation of 0.04. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | CENTOGENE Sells Operating Assets for 8.7M to Charme Capital, Plans Liquidation CNTG Stock News - StockTitan | 11/13/2024 |
About Centogene Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Centogene or other stocks. Alpha measures the amount that position in Centogene B V has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 14.38 | 4.39 | 6.38 | 3.95 | Days Of Inventory On Hand | 8.73 | 23.96 | 25.04 | 18.54 |
Centogene Upcoming Company Events
As portrayed in its financial statements, the presentation of Centogene's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Centogene's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Centogene's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Centogene. Please utilize our Beneish M Score to check the likelihood of Centogene's management manipulating its earnings.
| 21st of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Centogene Backtesting, Centogene Valuation, Centogene Correlation, Centogene Hype Analysis, Centogene Volatility, Centogene History and analyze Centogene Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.