Cardinal Health Stock Price History
| CAH Stock | USD 103.54 0.17 0.16% |
Below is the normalized historical share price chart for Cardinal Health extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cardinal Health stands at 103.54, as last reported on the 24th of April, with the highest price reaching 103.95 and the lowest price hitting 102.43 during the day.
If you're considering investing in Cardinal Stock, it is important to understand the factors that can impact its price. Cardinal Health secures Sharpe Ratio (or Efficiency) of -0.0102, which signifies that the company had a -0.0102% return per unit of risk over the last 3 months. Cardinal Health exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cardinal Health's Standard Deviation of 1.45, risk adjusted performance of (0.00003), and Mean Deviation of 1.05 to double-check the risk estimate we provide.
As of now, Cardinal Health's Common Stock Shares Outstanding is increasing as compared to previous years. The Cardinal Health's current Liabilities And Stockholders Equity is estimated to increase to about 52.4 B, while Total Stockholder Equity is forecasted to increase to (3.1 B). . As of now, Cardinal Health's Price Earnings To Growth Ratio is decreasing as compared to previous years. The Cardinal Health's current Price To Book Ratio is estimated to increase to 2.35, while Price To Operating Cash Flows Ratio is projected to decrease to 3.61. Cardinal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1987 | 200 Day MA 99.9113 | 50 Day MA 109.3924 | Beta 0.697 |
Cardinal |
Sharpe Ratio = -0.0102
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CAH |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cardinal 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 Cardinal Health by adding Cardinal Health to a well-diversified portfolio.
Price Book 16.0657 | Enterprise Value Ebitda 13.5813 | Price Sales 0.1183 | Shares Float 241.9 M | Dividend Share 1.998 |
Cardinal Health Stock Price History Chart
There are several ways to analyze Cardinal Stock price data. The simplest method is using a basic Cardinal candlestick price chart, which shows Cardinal Health price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 12, 2024 | 115.11 |
| Lowest Price | February 8, 2024 | 102.27 |
Cardinal Health April 24, 2024 Stock Price Synopsis
Various analyses of Cardinal Health's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cardinal Stock. It can be used to describe the percentage change in the price of Cardinal Health from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cardinal Stock.| Cardinal Health Accumulation Distribution | 30,085 | |
| Cardinal Health Price Daily Balance Of Power | 0.11 | |
| Cardinal Health Price Rate Of Daily Change | 1.00 | |
| Cardinal Health Price Action Indicator | 0.44 |
Cardinal Health April 24, 2024 Stock Price Analysis
Cardinal Stock Price History Data
The price series of Cardinal Health for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 12.84 with a coefficient of variation of 3.27. The prices are distributed with arithmetic mean of 108.03. The median price for the last 90 days is 108.07. The company had 3:2 stock split on 23rd of April 2001. Cardinal Health issued dividends on 2024-03-28.| Open | High | Low | Close | Volume | ||
| 04/24/2024 | 103.18 | 103.95 | 102.43 | 103.54 | 2,057,483 | |
| 04/23/2024 | 102.67 | 103.75 | 101.59 | 103.37 | 2,477,425 | |
| 04/22/2024 | 103.85 | 104.50 | 101.23 | 102.83 | 5,287,250 | |
| 04/19/2024 | 106.37 | 108.42 | 106.28 | 108.19 | 1,486,096 | |
| 04/18/2024 | 107.07 | 107.44 | 105.53 | 106.00 | 1,540,864 | |
| 04/17/2024 | 108.00 | 108.00 | 106.26 | 106.52 | 1,618,273 | |
| 04/16/2024 | 107.44 | 108.01 | 106.90 | 107.17 | 1,515,803 | |
| 04/15/2024 | 106.79 | 108.27 | 106.45 | 107.03 | 1,968,838 | |
| 04/12/2024 | 105.50 | 106.23 | 104.92 | 105.10 | 1,535,419 | |
| 04/11/2024 | 107.83 | 108.31 | 106.35 | 106.42 | 1,229,015 | |
| 04/10/2024 | 107.53 | 108.57 | 107.22 | 107.94 | 1,178,198 | |
| 04/09/2024 | 109.74 | 109.88 | 106.34 | 108.07 | 1,543,391 | |
| 04/08/2024 | 109.61 | 110.10 | 109.20 | 109.47 | 1,958,169 | |
| 04/05/2024 | 110.05 | 110.96 | 109.86 | 109.92 | 1,443,676 | |
| 04/04/2024 | 111.39 | 111.95 | 110.01 | 110.12 | 1,377,688 | |
| 04/03/2024 | 111.78 | 112.37 | 110.56 | 110.93 | 1,253,259 | |
| 04/02/2024 | 111.58 | 112.09 | 110.47 | 111.25 | 1,620,175 | |
| 04/01/2024 | 111.70 | 112.23 | 110.46 | 112.06 | 1,379,502 | |
| 03/28/2024 | 112.26 | 112.53 | 111.23 | 111.90 | 1,655,424 | |
| 03/27/2024 | 112.11 | 112.58 | 110.70 | 112.04 | 1,235,442 | |
| 03/26/2024 | 111.00 | 112.00 | 110.69 | 111.10 | 1,480,141 | |
| 03/25/2024 | 111.03 | 111.87 | 110.41 | 110.52 | 1,671,353 | |
| 03/22/2024 | 113.04 | 113.04 | 110.26 | 110.52 | 1,760,513 | |
| 03/21/2024 | 111.90 | 112.70 | 110.95 | 112.03 | 2,159,138 | |
| 03/20/2024 | 112.88 | 113.14 | 111.39 | 111.39 | 2,350,052 | |
| 03/19/2024 | 110.22 | 113.00 | 109.37 | 112.35 | 2,771,339 | |
| 03/18/2024 | 110.41 | 111.35 | 109.48 | 109.67 | 3,650,061 | |
| 03/15/2024 | 109.00 | 110.61 | 108.59 | 110.12 | 4,425,346 | |
| 03/14/2024 | 110.67 | 111.15 | 108.99 | 109.44 | 3,348,883 | |
| 03/13/2024 | 116.00 | 116.04 | 110.49 | 110.59 | 4,522,830 | |
| 03/12/2024 | 115.48 | 115.96 | 114.14 | 115.11 | 1,963,329 | |
| 03/11/2024 | 114.73 | 115.80 | 113.88 | 114.97 | 2,310,753 | |
| 03/08/2024 | 113.88 | 115.38 | 113.12 | 114.66 | 1,800,414 | |
| 03/07/2024 | 111.43 | 113.75 | 110.65 | 113.16 | 1,978,895 | |
| 03/06/2024 | 113.43 | 113.92 | 110.13 | 110.13 | 2,433,043 | |
| 03/05/2024 | 112.92 | 113.58 | 111.92 | 112.42 | 1,804,394 | |
| 03/04/2024 | 113.48 | 115.33 | 112.14 | 112.14 | 3,370,267 | |
| 03/01/2024 | 114.45 | 114.88 | 112.26 | 112.87 | 2,990,148 | |
| 02/29/2024 | 111.69 | 112.20 | 110.68 | 111.48 | 6,327,821 | |
| 02/28/2024 | 109.60 | 111.72 | 108.84 | 111.16 | 2,414,805 | |
| 02/27/2024 | 109.86 | 110.45 | 109.06 | 109.12 | 2,777,107 | |
| 02/26/2024 | 109.62 | 111.00 | 109.32 | 109.78 | 5,922,799 | |
| 02/23/2024 | 107.53 | 108.10 | 107.17 | 107.61 | 974,306 | |
| 02/22/2024 | 105.48 | 107.87 | 105.30 | 106.67 | 1,417,816 | |
| 02/21/2024 | 105.92 | 106.03 | 104.73 | 105.11 | 1,626,770 | |
| 02/20/2024 | 104.45 | 105.96 | 104.45 | 104.90 | 1,873,468 | |
| 02/16/2024 | 104.99 | 105.60 | 103.99 | 103.99 | 2,341,282 | |
| 02/15/2024 | 103.86 | 105.12 | 103.74 | 104.47 | 1,509,223 | |
| 02/14/2024 | 104.68 | 104.78 | 103.09 | 103.09 | 1,471,058 | |
| 02/13/2024 | 104.36 | 104.91 | 103.18 | 103.90 | 1,854,265 | |
| 02/12/2024 | 104.67 | 104.70 | 102.39 | 103.16 | 2,387,963 | |
| 02/09/2024 | 103.52 | 105.42 | 103.24 | 104.48 | 2,614,596 | |
| 02/08/2024 | 105.35 | 105.89 | 101.27 | 102.27 | 2,454,447 | |
| 02/07/2024 | 104.31 | 106.21 | 104.20 | 105.20 | 2,054,780 | |
| 02/06/2024 | 104.46 | 104.95 | 103.55 | 103.61 | 2,267,429 | |
| 02/05/2024 | 104.89 | 105.26 | 102.25 | 103.17 | 2,524,392 | |
| 02/02/2024 | 105.80 | 106.64 | 103.00 | 103.00 | 3,845,055 | |
| 02/01/2024 | 104.00 | 105.17 | 101.77 | 104.63 | 4,648,518 | |
| 01/31/2024 | 109.00 | 111.40 | 107.65 | 108.70 | 5,675,134 | |
| 01/30/2024 | 106.33 | 107.11 | 105.16 | 106.58 | 2,135,583 | |
| 01/29/2024 | 105.72 | 106.73 | 105.41 | 105.81 | 2,082,263 |
About Cardinal Health Stock history
Cardinal 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 Cardinal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cardinal 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 Cardinal Health stock prices may prove useful in developing a viable investing in Cardinal Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 301.3 M | 314.6 M | |
| Net Income Applicable To Common Shares | 234.9 M | 223.2 M |
Cardinal Health Stock Technical Analysis
Cardinal 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.
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Cardinal Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cardinal Health's price direction in advance. Along with the technical and fundamental analysis of Cardinal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cardinal 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.
| Risk Adjusted Performance | (0.00003) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.2084 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal 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 nation. For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.Note that the Cardinal Health information on this page should be used as a complementary analysis to other Cardinal Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Cardinal Stock analysis
When running Cardinal Health's price analysis, check to measure Cardinal 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 Cardinal Health is operating at the current time. Most of Cardinal Health's value examination focuses on studying past and present price action to predict the probability of Cardinal 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 Cardinal Health's price. Additionally, you may evaluate how the addition of Cardinal Health to your portfolios can decrease your overall portfolio volatility.
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Is Cardinal 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 Cardinal Health. If investors know Cardinal 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 Cardinal Health 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 (0.95) | Dividend Share 1.998 | Earnings Share 2.52 | Revenue Per Share 859.435 | Quarterly Revenue Growth 0.116 |
The market value of Cardinal Health is measured differently than its book value, which is the value of Cardinal that is recorded on the company's balance sheet. Investors also form their own opinion of Cardinal Health's value that differs from its market value or its book value, called intrinsic value, which is Cardinal 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 Cardinal Health's market value can be influenced by many factors that don't directly affect Cardinal 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 Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal 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.