Centene Corp (CNC) Daily/Weekly Backtest Results

Signal:                  
                  [ What are these? | Switch to CNC's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 8.33%.   Win rate: 85.71%.   Sharpe Ratio: 1.291.   Maximum drawdown: -22.96% on 11 December 2024.
Mean CAGR: 179.09%. Time in market: 718 days.   Hypothetical return: $1000 would be worth $1348.39 on 12 September 2023.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Centene

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 7 signal(s) occurring before 23 June 2024 for a 7.5% profit target: (85.71% * 9.47%) + (14.29% * 1.49%) - (0% * 0%) = 8.33%.
Wins: 6 Breakevens: 1 Losses: 0

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

Centene Analysis

Market sector: Healthcare.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

 

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 week low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date, Score and Sector Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
06 August 2025   smart_toyMEDIUM (85)    stethoscopeLOW   52 Week Low $ 25.47 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
02 July 2025   smart_toyLOW (78)    stethoscopeHIGH   52 Week Low $ 35.56 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
28 May 2025   smart_toyLOW (32)    stethoscopeLOW   52 Week Low $ 56.22 select_check_box select_check_box select_check_box select_check_box select_check_box
18 February 2025   smart_toyLOW (51)    stethoscopeLOW   52 Week Low $ 56.49 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
19 November 2024   smart_toyLOW (68)    stethoscopeLOW   52 Week Low $ 58.03 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
17 October 2024   smart_toyLOW (58)    stethoscopeLOW   52 Week Low $ 63.00 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box
01 September 2023   smart_toyLOW (26)     52 Week Low $ 61.61 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
30 May 2023   smart_toyLOW (68)     52 Week Low $ 61.98 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt
08 March 2023   smart_toyLOW (68)     52 Week Low $ 66.73 select_check_box select_check_box select_check_box select_check_box select_check_box
02 February 2023   smart_toyLOW (54)     52 Week Low $ 73.58 select_check_box select_check_box select_check_box select_check_box select_check_box
26 September 2019   smart_toyMEDIUM (83)     52 Week Low $ 44.16 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
20 August 2019   smart_toyLOW (56)     52 Week Low $ 46.95 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
17 April 2019   smart_toyLOW (49)     52 Week Low $ 48.54 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt

 

The data for Centene Corp (exchange: XNYS symbol: CNC) was last updated 01 Jul 2026 07:45. Data for this stock is available from 01 Apr 2016 - 30 Jun 2026.