Cno Financial Group Stock Technical Analysis

CNO Stock  USD 26.89  0.28  1.05%   
As of the 25th of April, CNO Financial shows the mean deviation of 1.03, and Risk Adjusted Performance of (0.01). CNO Financial Group 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for CNO Financial Group, which can be compared to its peers. Please confirm CNO Financial Group variance and potential upside to decide if CNO Financial Group is priced favorably, providing market reflects its regular price of 26.89 per share. Given that CNO Financial has information ratio of (0.09), we suggest you to validate CNO Financial Group's prevailing market performance to make sure the company can sustain itself in the future.

CNO Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CNO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CNO
  
CNO Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

CNO Financial Analyst Consensus

Target PriceAdvice# of Analysts
25.6Hold6Odds
CNO Financial Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CNO 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 CNO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CNO Financial Group, talking to its executives and customers, or listening to CNO conference calls.
CNO Analyst Advice Details
CNO Financial 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.
A focus of CNO Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CNO Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

CNO Financial Group Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 CNO Financial Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CNO Financial Group Trend Analysis

Use this graph to draw trend lines for CNO Financial Group. You can use it to identify possible trend reversals for CNO Financial 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 CNO Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CNO Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CNO Financial Group applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that the returns on investment in CNO Financial Group will continue to fail. It has 122 observation points and a regression sum of squares at 6.21, which is the sum of squared deviations for the predicted CNO Financial price change compared to its average price change.

About CNO Financial 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 CNO Financial Group 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 CNO Financial Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CNO Financial Group price pattern first instead of the macroeconomic environment surrounding CNO Financial Group. By analyzing CNO Financial'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 CNO Financial'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 CNO Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 (projected)
Dividend Yield0.02120.0215
Price To Sales Ratio0.830.74

CNO Financial April 25, 2024 Technical Indicators

Most technical analysis of CNO 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 CNO from various momentum indicators to cycle indicators. When you analyze CNO 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.

CNO Financial April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as CNO stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for CNO Stock analysis

When running CNO Financial's price analysis, check to measure CNO Financial'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 CNO Financial is operating at the current time. Most of CNO Financial's value examination focuses on studying past and present price action to predict the probability of CNO Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNO Financial's price. Additionally, you may evaluate how the addition of CNO Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNO Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNO Financial. If investors know CNO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNO Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.59
Earnings Share
2.4
Revenue Per Share
36.608
Quarterly Revenue Growth
0.202
The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.