This firm's average rating is Buy from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Cano Health market sentiment investors' perception of the future value of Cano Health. Let us look at a few aspects of Cano Health technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Cano Health. In general, sophisticated investors focus on analyzing Cano Health stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Cano Health's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Cano Health's intrinsic value. In addition to deriving basic predictive indicators for Cano Health, many experienced traders also check how macroeconomic factors affect Cano Health price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
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.
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.
Watch out for price decline
Please consider monitoring Cano Health on a daily basis if you are holding a position in it. Cano Health is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Cano Health stock to be traded above the $1 level to remain listed. If Cano Health stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Cano Health's Liquidity
Cano Health
financial leverage refers to using borrowed capital as a funding source to finance Cano Health ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Cano Health financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Cano Health's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Cano Health's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Cano Health's total debt and its cash.
Cano Health Gross Profit
Cano Health Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cano Health previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cano Health Gross Profit growth over the last 10 years. Please check Cano Health's
gross profit and other
fundamental indicators for more details.
Closer look at Cano Health Standard Deviation
Cano Health has current Standard Deviation of 7.73. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
Standard Deviation | = | SQRT(V) |
| = | 7.73 |
Cano Health has 50% chance to stay above $5.6 in the coming weeks
Expected Short fall just dropped to -6.36, may entail upcoming price decrease. Cano Health is displaying above-average volatility over the selected time horizon. Investors should scrutinize Cano Health independently to ensure intended market timing strategies are aligned with expectations about Cano Health volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cano Health's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cano Health's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Cano Health Implied Volatility
Cano Health's implied volatility exposes the market's sentiment of Cano Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cano Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cano Health stock will not fluctuate a lot when Cano Health's options are near their expiration.
Our Final Takeaway
Whereas some other entities in the medical care facilities industry are either recovering or due for a correction, Cano Health may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 30th of May 2022, we believe Cano Health is currently
undervalued. It hyperactively responds to market trends and projects
above average probability of distress in the next two years. Our up-to-date 90 days advice on the company is
Cautious Hold.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Cano Health. Please refer to our
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