Cano Health Stock Probability of Future Stock Price Finishing Over 14.3

CANO Stock  USD 0.22  0.01  4.76%   
Cano Health's future price is the expected price of Cano Health instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Cano Health performance during a given time horizon utilizing its historical volatility. Check out Cano Health Backtesting, Cano Health Valuation, Cano Health Correlation, Cano Health Hype Analysis, Cano Health Volatility, Cano Health History as well as Cano Health Performance.
To learn how to invest in Cano Stock, please use our How to Invest in Cano Health guide.
  
Please specify Cano Health's target price for which you would like Cano Health odds to be computed.

Cano Health Target Price Odds to finish over 14.3

The tendency of Cano Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 14.30  or more in 90 days
 0.22 90 days 14.30 
near 1
Based on a normal probability distribution, the odds of Cano Health to move over $ 14.30  or more in 90 days from now is near 1 (This Cano Health probability density function shows the probability of Cano Stock to fall within a particular range of prices over 90 days) . Probability of Cano Health price to stay between its current price of $ 0.22  and $ 14.30  at the end of the 90-day period is about 78.63 .
Given the investment horizon of 90 days Cano Health has a beta of -0.45 suggesting as returns on benchmark increase, returns on holding Cano Health are expected to decrease at a much lower rate. During the bear market, however, Cano Health is likely to outperform the market. Additionally Cano Health has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Cano Health Price Density   
       Price  

Predictive Modules for Cano Health

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cano Health. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cano Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.2218.25
Details
Intrinsic
Valuation
LowRealHigh
0.010.2118.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.190.280.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cano Health. Your research has to be compared to or analyzed against Cano Health's peers to derive any actionable benefits. When done correctly, Cano Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cano Health.

Cano Health Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Cano Health is not an exception. The market had few large corrections towards the Cano Health's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Cano Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cano Health within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-3.05
β
Beta against NYSE Composite-0.45
σ
Overall volatility
1.55
Ir
Information ratio -0.18

Cano Health Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cano Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cano Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Cano Health generated a negative expected return over the last 90 days
Cano Health has high historical volatility and very poor performance
Cano Health has some characteristics of a very speculative penny stock
Cano Health has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 3.1 B. Net Loss for the year was (577.76 M) with profit before overhead, payroll, taxes, and interest of 421.69 M.
Cano Health currently holds about 24.1 M in cash with (146.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Roughly 43.0% of the company shares are held by company insiders

Cano Health Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cano Stock often depends not only on the future outlook of the current and potential Cano Health's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cano Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding2.2 M
Cash And Short Term Investments27.3 M

Cano Health Technical Analysis

Cano Health's future price can be derived by breaking down and analyzing its technical indicators over time. Cano Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cano Health. In general, you should focus on analyzing Cano Stock price patterns and their correlations with different microeconomic environments and drivers.

Cano Health Predictive Forecast Models

Cano Health's time-series forecasting models is one of many Cano Health's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Cano Health's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Cano Health

Checking the ongoing alerts about Cano Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cano Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Cano Health generated a negative expected return over the last 90 days
Cano Health has high historical volatility and very poor performance
Cano Health has some characteristics of a very speculative penny stock
Cano Health has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 3.1 B. Net Loss for the year was (577.76 M) with profit before overhead, payroll, taxes, and interest of 421.69 M.
Cano Health currently holds about 24.1 M in cash with (146.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Roughly 43.0% of the company shares are held by company insiders
When determining whether Cano Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cano Health'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 Cano Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cano Health Stock:
Check out Cano Health Backtesting, Cano Health Valuation, Cano Health Correlation, Cano Health Hype Analysis, Cano Health Volatility, Cano Health History as well as Cano Health Performance.
To learn how to invest in Cano Stock, please use our How to Invest in Cano Health guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Cano Health's price analysis, check to measure Cano Health'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 Cano Health is operating at the current time. Most of Cano Health's value examination focuses on studying past and present price action to predict the probability of Cano Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cano Health's price. Additionally, you may evaluate how the addition of Cano Health to your portfolios can decrease your overall portfolio volatility.
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Is Cano Health'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 Cano Health. If investors know Cano 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 Cano Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cano Health is measured differently than its book value, which is the value of Cano that is recorded on the company's balance sheet. Investors also form their own opinion of Cano Health's value that differs from its market value or its book value, called intrinsic value, which is Cano Health'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 Cano Health's market value can be influenced by many factors that don't directly affect Cano Health'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 Cano Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cano Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cano Health'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.