The best indicator for Centene Corporation (CNC)
We backtested 20 indicators across daily, weekly and hourly charts on real Centene Corporation (CNC) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI
On the weekly chart, this is the strongest risk-adjusted edge we found for Centene Corporation (CNC) over ~24.6 years — beating buy-and-hold by 1.5% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | CCI ✓ | Weekly | 18.3% | 0.85 | -34.5% | 89.7% | 29 | 1.5% |
| 2 | Stochastic ✓ | Daily | 11.1% | 0.54 | -61.7% | 71.6% | 116 | -5.6% |
| 3 | Williams %R ✓ | Daily | 10.7% | 0.52 | -61.1% | 71.9% | 146 | -6.0% |
| 4 | Stochastic ✓ | Weekly | 10.1% | 0.51 | -63.0% | 79.2% | 24 | -6.6% |
| 5 | Bollinger Mean-Reversion ✓ | Weekly | 8.0% | 0.47 | -38.3% | 84.2% | 19 | -8.7% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 9.7% | 0.46 | -71.2% | 77.8% | 18 | -7.0% |
| 7 | Bollinger Mean-Reversion ✓ | Daily | 7.6% | 0.44 | -59.0% | 74.5% | 110 | -9.1% |
| 8 | CCI ✓ | Daily | 8.3% | 0.43 | -56.0% | 73.3% | 120 | -8.4% |
| 9 | Williams %R ✓ | Weekly | 7.5% | 0.4 | -64.6% | 83.3% | 30 | -9.2% |
| 10 | WaveTrend (8/6/4) ✓ | Daily | 7.2% | 0.39 | -62.5% | 71.9% | 89 | -9.5% |
| 11 | Holy Grail Confluence ✓ | Daily | 6.7% | 0.39 | -48.9% | 73.2% | 41 | -10.0% |
| 12 | RSI Mean-Reversion ✓ | Daily | 5.1% | 0.37 | -31.6% | 75.0% | 32 | -11.6% |
| 13 | ADX / DMI | Daily | 6.1% | 0.37 | -71.9% | 37.5% | 152 | -10.6% |
| 14 | Bollinger Breakout | Weekly | 5.2% | 0.37 | -55.5% | 50.0% | 20 | -11.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Centene Corporation (CNC), CCI on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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