CNC Forecast + Trading Strategies


Bullish Case: CNC's strong fundamentals and refocusing on core business while divesting non-core assets indicate future growth. Insiders are buying, signaling confidence, and CNC's historical return data supports a favorable long-term trend.


Bearish Case: Legal challenges and ongoing operational issues, including recent layoffs and potential strategic missteps, could undermine investor confidence. Market skepticism is reflected in flat implied volatility and bearish Helium Trades analysis.


Potential Outcomes:

1. 50% chance: Successful refocus leads to stock appreciation.

2. 30% chance: Regulatory/legal issues cause a decline.

3. 20% chance: Market conditions lead to stagnation. Cinematic returns density plot indicates a moderate likelihood of a stable but slightly appreciating trend.


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May 16, 2024


Centene Forecast

CNC        Centene
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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