Cano Health Stock Price on May 9, 2022

CANO Stock  USD 0.21  0.04  16.00%   
If you're considering investing in Cano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cano Health stands at 0.21, as last reported on the 28th of March, with the highest price reaching 0.27 and the lowest price hitting 0.21 during the day. Cano Health secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Cano Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cano Health's Risk Adjusted Performance of (0.08), mean deviation of 10.97, and Standard Deviation of 17.49 to double-check the risk estimate we provide.
  
At this time, Cano Health's Other Stockholder Equity is very stable compared to the past year. As of the 28th of March 2024, Common Stock Shares Outstanding is likely to grow to about 2.8 M, while Common Stock is likely to drop about 41.9 K. . As of the 28th of March 2024, Price Earnings Ratio is likely to drop to -0.66. In addition to that, Price To Sales Ratio is likely to drop to 0.12. Cano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1778

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Estimated Market Risk

 18.15
  actual daily
96
96% of assets are less volatile

Expected Return

 -3.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cano Health is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cano Health by adding Cano Health to a well-diversified portfolio.
Price Book
1.5476
Enterprise Value Ebitda
(1.31)
Price Sales
0.0043
Shares Float
1.3 M
Wall Street Target Price
0.5

Cano Health Valuation on May 9, 2022

It is possible to determine the worth of Cano Health on a given historical date. On May 9, 2022 Cano was worth 4.76 at the beginning of the trading date compared to the closed value of 438.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cano Health stock. Still, in general, we apply an absolute valuation method to find Cano Health's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cano Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cano Health's related companies.
 Open High Low Close Volume
  5.24    481.00    481.00    481.00    45,423  
05/09/2022
  4.76    438.00    438.00    438.00    44,485  
  4.57    414.00    414.00    414.00    65,267  
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Open Value
4.76
438.0
Closing Value
59.22
Upside

Cano Health Trading Date Momentum on May 9, 2022

On May 10 2022 Cano Health was traded for  414.00  at the closing time. The top price for the day was 414.00  and the lowest listed price was  414.00 . The trading volume for the day was 65.3 K. The trading history from May 10, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.48% . The overall trading delta against the current closing price is 98.72% .

Cano Health Fundamentals Correlations and Trends

By evaluating Cano Health's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cano Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cano financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cano Health Stock history

Cano Health investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cano Health will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cano Health stock prices may prove useful in developing a viable investing in Cano Health
Last ReportedProjected for 2024
Common Stock Shares Outstanding2.5 M2.8 M
Net Loss-186.5 M-177.2 M

Cano Health Stock Technical Analysis

Cano Health 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 Cano Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cano Health 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...

Price Boundaries

Cano Health Period Price Range

Low
May 9, 2022
High

 4.76 

  

 438.00 

433.249,102%

Cano Health March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Cano Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cano Health shares will generate the highest return on investment. By undertsting and applying Cano Health stock market strength indicators, traders can identify Cano Health entry and exit signals to maximize returns

Cano Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cano Health's price direction in advance. Along with the technical and fundamental analysis of Cano Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cano to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cano Health. 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.
To learn how to invest in Cano Stock, please use our How to Invest in Cano Health guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Cano Stock analysis

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.
Earnings Share
(228.47)
Revenue Per Share
1.2 K
Quarterly Revenue Growth
0.185
Return On Assets
(0.14)
Return On Equity
(4.29)
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.