CNC
StockCentene Corporation
One email when a drop — in price or in valuation — is historically rare for CNC. Otherwise we stay quiet.
Rare — pay attention.
Centene Corporation is 33.1% off its high, 1455 days in — deeper than the vast majority of its 161 recorded drawdowns. This is the kind of decline the severity score exists to flag.
And it's not just the price: Centene Corporation's P/S Severity Score is 7.0 — historically low valuation vs its own history.
Strong
Current Drawdown
-33.1%
Days in Drawdown
1455
Avg Max Drawdown
5.4%
Avg Length
45
Drawdown Severity Score™
6.4
CNC - Price & High Water Mark
CNC - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of August 22, 2026 · updated daily
Where today's valuation sits within CNC's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Centene Corporation has been cheaper on this measure only about 6% of the time in 20 years of daily history.
Price to Sales history
Centene Corporation (CNC) Analysis: Current Drawdown Insights
Centene Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $65.02, which represents a 33.1% decline from its all-time high of $97.22. This drawdown has persisted for 1455 days.
Based on its full tracked price history, Centene Corporation typically experiences drawdowns averaging 5.4% in depth, with an average duration of 45 days. Centene Corporation has gone through 161 total drawdown events in its tracked history. The largest drawdown on record for Centene Corporation was 64.4%, beginning in 2005. The longest drawdown duration on record was 2178 days.
The Drawdown Severity Score™ for Centene Corporation currently stands at 6.42. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Centene Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 161 tracked pullbacks (63 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2022-08-27 | Ongoing | 1455 days | -33.1% | $97.22 | $65.02 | n/a |
| 2022-08-11 | 2022-08-12 | 2 days | -0.9% | $94.82 | $94.01 | $96.64 |
| 2022-08-03 | 2022-08-08 | 6 days | -0.5% | $93.31 | $92.80 | $93.32 |
| 2022-07-27 | 2022-08-02 | 7 days | -1.0% | $93.15 | $92.25 | $93.31 |
| 2022-07-20 | 2022-07-25 | 6 days | -1.3% | $91.35 | $90.16 | $91.93 |
| 2022-04-21 | 2022-07-15 | 86 days | -15.0% | $89.01 | $75.70 | $89.66 |
| 2022-04-08 | 2022-04-20 | 13 days | -4.2% | $88.56 | $84.88 | $89.01 |
| 2022-03-18 | 2022-04-07 | 21 days | -6.3% | $87.98 | $82.46 | $88.56 |
| 2022-03-07 | 2022-03-16 | 9 days | -5.2% | $86.05 | $81.57 | $86.87 |
| 2022-02-10 | 2022-03-04 | 23 days | -5.9% | $85.95 | $80.84 | $86.05 |
| 2021-12-27 | 2022-02-08 | 44 days | -11.1% | $84.72 | $75.34 | $85.67 |
| 2021-12-16 | 2021-12-22 | 7 days | -1.1% | $83.33 | $82.42 | $84.37 |
| 2021-12-13 | 2021-12-14 | 2 days | -0.4% | $78.45 | $78.15 | $81.85 |
| 2021-11-18 | 2021-12-10 | 23 days | -7.9% | $76.18 | $70.18 | $78.45 |
| 2021-11-15 | 2021-11-17 | 3 days | -1.2% | $75.86 | $74.98 | $76.18 |
| 2021-07-13 | 2021-11-09 | 120 days | -20.0% | $74.70 | $59.73 | $74.77 |
| 2021-06-18 | 2021-07-12 | 25 days | -3.5% | $74.31 | $71.69 | $74.70 |
| 2021-05-26 | 2021-06-17 | 23 days | -7.0% | $73.96 | $68.78 | $74.31 |
| 2018-08-30 | 2021-05-21 | 996 days | -41.8% | $73.44 | $42.73 | $73.73 |
| 2018-08-17 | 2018-08-22 | 6 days | -0.6% | $71.96 | $71.54 | $72.03 |
| 2018-07-24 | 2018-08-08 | 16 days | -4.9% | $68.06 | $64.70 | $68.73 |
| 2018-07-16 | 2018-07-19 | 4 days | -1.0% | $67.26 | $66.61 | $67.63 |
| 2018-06-21 | 2018-07-05 | 15 days | -2.9% | $62.88 | $61.06 | $63.99 |
| 2018-06-19 | 2018-06-20 | 2 days | -0.6% | $62.52 | $62.13 | $62.88 |
| 2018-06-14 | 2018-06-18 | 5 days | -0.9% | $62.33 | $61.75 | $62.52 |
| 2018-05-31 | 2018-06-06 | 7 days | -1.4% | $59.40 | $58.58 | $59.49 |
| 2018-05-29 | 2018-05-30 | 2 days | -1.3% | $59.21 | $58.46 | $59.40 |
| 2018-05-07 | 2018-05-25 | 19 days | -3.3% | $58.33 | $56.42 | $59.21 |
| 2018-04-19 | 2018-05-02 | 14 days | -4.0% | $56.11 | $53.87 | $57.12 |
| 2018-01-23 | 2018-04-17 | 84 days | -10.9% | $55.79 | $49.69 | $56.06 |
| 2018-01-18 | 2018-01-22 | 5 days | -0.6% | $55.67 | $55.33 | $55.79 |
| 2018-01-16 | 2018-01-17 | 2 days | -0.2% | $54.74 | $54.65 | $55.67 |
| 2018-01-10 | 2018-01-11 | 2 days | -0.2% | $52.99 | $52.90 | $53.39 |
| 2018-01-08 | 2018-01-09 | 2 days | -0.5% | $52.74 | $52.46 | $52.99 |
| 2018-01-04 | 2018-01-05 | 2 days | -1.8% | $52.22 | $51.25 | $52.74 |
| 2017-12-28 | 2018-01-03 | 7 days | -2.1% | $51.51 | $50.44 | $52.22 |
| 2017-12-21 | 2017-12-27 | 7 days | -0.8% | $51.47 | $51.08 | $51.51 |
| 2017-12-01 | 2017-12-20 | 20 days | -7.1% | $51.04 | $47.43 | $51.47 |
| 2017-09-14 | 2017-11-29 | 77 days | -8.5% | $49.08 | $44.89 | $49.51 |
| 2017-09-01 | 2017-09-07 | 7 days | -0.6% | $44.42 | $44.16 | $44.54 |
| 2017-08-29 | 2017-08-30 | 2 days | -0.1% | $43.17 | $43.11 | $43.22 |
| 2017-08-23 | 2017-08-28 | 6 days | -0.6% | $43.13 | $42.85 | $43.17 |
| 2017-07-21 | 2017-08-22 | 33 days | -7.0% | $42.70 | $39.71 | $43.13 |
| 2017-06-26 | 2017-07-18 | 23 days | -5.3% | $42.08 | $39.85 | $42.22 |
| 2015-06-26 | 2017-06-22 | 728 days | -37.8% | $40.74 | $25.34 | $41.50 |
| 2015-06-23 | 2015-06-25 | 3 days | -2.5% | $40.17 | $39.16 | $40.74 |
| 2015-06-17 | 2015-06-19 | 3 days | -0.9% | $39.61 | $39.24 | $39.74 |
| 2015-06-02 | 2015-06-15 | 14 days | -4.1% | $37.95 | $36.41 | $38.88 |
| 2015-04-27 | 2015-05-29 | 33 days | -15.9% | $36.83 | $31.00 | $37.67 |
| 2015-04-09 | 2015-04-23 | 15 days | -4.9% | $35.66 | $33.90 | $36.27 |
| 2015-03-31 | 2015-04-08 | 9 days | -1.2% | $35.62 | $35.18 | $35.66 |
| 2014-07-07 | 2014-09-18 | 74 days | -11.2% | $20.10 | $17.84 | $20.31 |
| 2013-10-17 | 2014-04-24 | 190 days | -18.3% | $16.59 | $13.56 | $16.68 |
| 2012-04-09 | 2013-05-13 | 400 days | -47.2% | $12.70 | $6.71 | $12.73 |
| 2011-07-08 | 2011-11-30 | 146 days | -30.5% | $9.47 | $6.58 | $9.68 |
| 2005-07-21 | 2011-07-07 | 2178 days | -64.4% | $9.35 | $3.33 | $9.47 |
| 2005-02-17 | 2005-07-08 | 141 days | -28.0% | $8.72 | $6.28 | $9.12 |
| 2003-10-28 | 2004-05-26 | 211 days | -25.2% | $4.39 | $3.29 | $4.51 |
| 2003-07-30 | 2003-09-16 | 49 days | -16.0% | $3.77 | $3.17 | $3.78 |
| 2002-12-31 | 2003-06-03 | 154 days | -31.7% | $2.88 | $1.97 | $3.01 |
| 2002-11-21 | 2002-12-24 | 34 days | -17.5% | $2.82 | $2.33 | $2.88 |
| 2002-07-01 | 2002-10-30 | 122 days | -27.4% | $2.58 | $1.88 | $2.64 |
| 2002-04-24 | 2002-06-28 | 66 days | -22.5% | $2.50 | $1.94 | $2.58 |
| 2002-01-04 | 2002-03-14 | 70 days | -15.9% | $1.83 | $1.54 | $1.83 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Centene Corporation (CNC) is trading at $65.02 as of Aug 21, 2026. It is 33.1% below its high of $97.22. The drawdown has lasted 1,455 days. Severity score: 6.4 (Strong).
CNC Price History and Drawdown Data
Latest price
$65.02
High-water mark
$97.22
Current drawdown
-33.1%
Days in drawdown
1,455
This CNC page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Centene Corporation drawdowns.
What History Says About CNC
Centene Corporation has dropped 25%+ from its high 9 times in its tracked history. These events lasted an average of 564 days with an average max drop of -37.1%.
The current drawdown of -33.1% has lasted 1,455 days, which is 2.6x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jul 2005 to Jul 2011 | -64.4% | 2178 days |
| Apr 2012 to May 2013 | -47.2% | 400 days |
| Aug 2018 to May 2021 | -41.8% | 996 days |
| Jun 2015 to Jun 2017 | -37.8% | 728 days |
| Dec 2002 to Jun 2003 | -31.7% | 154 days |
| Jul 2011 to Nov 2011 | -30.5% | 146 days |
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