Cardinal Stock Performance

CAH
 Stock
  

USD 80.88  1.62  2.04%   

On a scale of 0 to 100, Cardinal Health holds a performance score of 11. The firm shows a Beta (market volatility) of 0.5236, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Cardinal's beta means in this case. As returns on the market increase, Cardinal Health returns are expected to increase less than the market. However, during the bear market, the loss on holding Cardinal Health will be expected to be smaller as well. Although it is vital to follow Cardinal Health historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Cardinal Health technical indicators, you can presently evaluate if the expected return of 0.26% will be sustainable into the future. Please makes use of Cardinal Health semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to make a quick decision on whether Cardinal Health price patterns will revert.
  
Cardinal Performance
11 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Cardinal Health are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Cardinal Health reported solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0252
Payout Ratio
0.4
Last Split Factor
3:2
Forward Annual Dividend Rate
1.98
Dividend Date
2023-01-15
Ex Dividend Date
2022-12-30

Cardinal Price Channel

Begin Period Cash Flow3407000000.00
Total Cashflows From Investing Activities567000000.00

Cardinal Health Relative Risk vs. Return Landscape

If you would invest  6,900  in Cardinal Health on September 5, 2022 and sell it today you would earn a total of  1,188  from holding Cardinal Health or generate 17.22% return on investment over 90 days. Cardinal Health is generating 0.2595% of daily returns assuming volatility of 1.738% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Cardinal, and above 95% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Cardinal Health is expected to generate 0.14 times more return on investment than the market. However, the company is 7.2 times less risky than the market. It trades about 0.15 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.11 per unit of risk.

Cardinal Health Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cardinal Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cardinal Health, and traders can use it to determine the average amount a Cardinal Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1493

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Estimated Market Risk
 1.74
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 0.26
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.15
  actual daily
 
 11 %
of total potential
 
1111
Based on monthly moving average Cardinal Health is performing at about 11% of its full potential. 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 it to a well-diversified portfolio.

About Cardinal Health Performance

To evaluate Cardinal Health Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cardinal Health generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cardinal Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cardinal Health market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cardinal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-25 M-25.7 M
Return on Investment(9.44) (9.68) 
Return on Average Assets(2.11) (2.17) 
Return on Average Equity(172.46) (177.00) 
Return on Invested Capital(0.07) (0.07) 
Return on Sales(0.003) (0.003079) 

Things to note about Cardinal Health

Checking the ongoing alerts about Cardinal Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cardinal Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Cardinal Health Alerts

Equity Alerts and Improvement Suggestions

The company reported the last year's revenue of 181.36 B. Reported Net Loss for the year was (933 M) with profit before taxes, overhead, and interest of 6.54 B.
Over 93.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Cardinal Health Inc. stock falls Monday, still outperforms market - MarketWatch
Continue to Trending Equities. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Cardinal Health 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 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 YOY
(0.57) 
Market Capitalization
21.2 B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.0226
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 Cardinal Health value 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.