Centogene B V Stock Technical Analysis
| CNTG Stock | USD 0.09 0.02 14.09% |
As of the 3rd of December, Centogene shows the Risk Adjusted Performance of 0.1005, mean deviation of 24.36, and Downside Deviation of 28.43. Centogene B V technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Centogene B V jensen alpha, as well as the relationship between the potential upside and skewness to decide if Centogene B V is priced correctly, providing market reflects its regular price of 0.0945 per share. As Centogene B V appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Centogene Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Centogene, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CentogeneCentogene |
Centogene Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 1.51 | Buy | 1 | Odds |
Most Centogene analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Centogene stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Centogene B V, talking to its executives and customers, or listening to Centogene conference calls.
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.
Centogene B V Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Centogene B V volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Centogene B V Trend Analysis
Use this graph to draw trend lines for Centogene B V. You can use it to identify possible trend reversals for Centogene as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Centogene price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Centogene Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Centogene B V applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Centogene B V market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Centogene price change compared to its average price change.About Centogene Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Centogene B V on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Centogene B V based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Centogene B V price pattern first instead of the macroeconomic environment surrounding Centogene B V. By analyzing Centogene's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Centogene's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Centogene specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 December 3, 2024 Technical Indicators
Most technical analysis of Centogene help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Centogene from various momentum indicators to cycle indicators. When you analyze Centogene charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1005 | |||
| Market Risk Adjusted Performance | 4.73 | |||
| Mean Deviation | 24.36 | |||
| Semi Deviation | 21.18 | |||
| Downside Deviation | 28.43 | |||
| Coefficient Of Variation | 842.51 | |||
| Standard Deviation | 40.95 | |||
| Variance | 1676.9 | |||
| Information Ratio | 0.1157 | |||
| Jensen Alpha | 4.73 | |||
| Total Risk Alpha | (1.27) | |||
| Sortino Ratio | 0.1666 | |||
| Treynor Ratio | 4.72 | |||
| Maximum Drawdown | 235.16 | |||
| Value At Risk | (40.74) | |||
| Potential Upside | 92.86 | |||
| Downside Variance | 808.4 | |||
| Semi Variance | 448.51 | |||
| Expected Short fall | (38.35) | |||
| Skewness | 2.58 | |||
| Kurtosis | 8.73 |
Complementary Tools for Centogene Stock analysis
When running Centogene's price analysis, check to measure Centogene'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 Centogene is operating at the current time. Most of Centogene's value examination focuses on studying past and present price action to predict the probability of Centogene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centogene's price. Additionally, you may evaluate how the addition of Centogene to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |