Cardinal Stock Future Price Prediction

CAH
 Stock
  

USD 80.88  1.62  2.04%   

Cardinal Health stock price prediction is an act of determining the future value of Cardinal Health shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Cardinal Health's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Cardinal Health and does not consider all of the tangible or intangible factors available from Cardinal Health's fundamental data. We analyze noise-free headlines and recent hype associated with Cardinal Health, which may create opportunities for some arbitrage if properly timed.
Continue to Cardinal Health Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Cardinal Health based on different types of headlines from major news networks to social media. The Cardinal stock price prediction module provides an analysis of price elasticity to changes in media outlook on Cardinal Health over a specific investment horizon.
Quarterly Earnings Growth YOY
(0.57) 
EPS Estimate Next Quarter
1.24
EPS Estimate Current Year
5.18
EPS Estimate Next Year
5.37
Wall Street Target Price
80.69
EPS Estimate Current Quarter
0.94
Using Cardinal Health hype-based prediction, you can estimate the value of Cardinal Health from the perspective of Cardinal Health response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Cardinal Health using Cardinal Health's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Cardinal using crowd psychology based on the activity and movement of Cardinal Health's stock price.
Cardinal Health Inventory Turnover is most likely to slightly decrease in the upcoming years. The last year's value of Inventory Turnover was reported at 11.57. The current Accounts Payable Turnover is estimated to increase to 8.39, while Calculated Tax Rate is projected to decrease to (105.60) .

Cardinal Health Short Interest

A significant increase or decrease in Cardinal Health's short interest from the previous month could be a good indicator of investor sentiment towards Cardinal. Short interest can provide insight into the potential direction of Cardinal Health stock and how bullish or bearish investors feel about the market overall. An investor who is long Cardinal Health may also wish to track short interest. As short interest increases, investors should be becoming more worried about Cardinal Health and may potentially protect profits, hedge Cardinal Health with its derivative instruments, or be ready for some potential downside.
200 Day MA
62.55
Short Percent
0.0434
Short Ratio
2.42
Shares Short Prior Month
15.1 M
50 Day MA
73.71
Shares Short
8.6 M

Cardinal Health Hype to Price Pattern

Investor biases related to Cardinal Health's public news can be used to forecast risks associated with investment in Cardinal. The trend in average sentiment can be used to explain how an investor holding Cardinal can time the market purely based on public headlines and social activities around Cardinal Health. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Cardinal Health's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Cardinal Health.

Cardinal Health Implied Volatility

    
  36.5  
Cardinal Health's implied volatility exposes the market's sentiment of Cardinal Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cardinal 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 Cardinal Health stock will not fluctuate a lot when Cardinal Health's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Cardinal Health. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Cardinal Health to buy its stock at a price that has no basis in reality. In that case, they are not buying Cardinal because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Cardinal Health after-hype prediction price

    
  USD 81.34  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Cardinal contract

Based on the Rule 16, the options market is currently suggesting that Cardinal Health will have an average daily up or down price movement of about 2.28% per day over the life of the 2022-12-09 option contract. With Cardinal Health trading at USD80.88, that is roughly USD1.85. If you think that the market is fully incorporating Cardinal Health's daily price movement you should consider acquiring Cardinal Health options at the current volatility level of 36.5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cardinal 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 use the tools below to analyze the current value of Cardinal Health in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
72.5174.2588.97
Details
8 Analysts
Consensus
LowTarget PriceHigh
48.0057.5064.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
5.225.555.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cardinal Health. Your research has to be compared to or analyzed against Cardinal Health's peers to derive any actionable benefits. When done correctly, Cardinal Health's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cardinal Health.

Cardinal Health After-Hype Price Prediction Density Analysis

As far as predicting the price of Cardinal Health at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cardinal Health or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cardinal Health, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Cardinal Health Estimiated After-Hype Price Volatility

In the context of predicting Cardinal Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cardinal Health's historical news coverage. Cardinal Health's after-hype downside and upside margins for the prediction period are 79.60 and 83.08, respectively. We have considered Cardinal Health's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 80.88
81.34
After-hype Price
83.08
Upside
Cardinal Health is very steady asset. Analysis and calculation of next after-hype price of Cardinal Health is based on 3 months time horizon.

Cardinal Health Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Cardinal Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cardinal Health backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cardinal Health, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.26  1.74  0.46    0.53  9 Events / Month3 Events / MonthIn about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
80.8881.340.57 
98.86  

Cardinal Health Hype Timeline

On the 4th of December Cardinal Health is traded for 80.88. The entity has historical hype elasticity of 0.46 and average elasticity to hype of competition of -0.53. Cardinal is forecasted to increase in value after the next headline with the price projected to jump to 81.34 or above. The average volatility of media hype impact on the company stock price is about 98.86%. The price rise on the next news is projected to be 0.57% whereas the daily expected return is currently at 0.26%. The volatility of related hype on Cardinal Health is about 86.14% with expected price after next announcement by competition of 80.35. 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. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days.
Continue to Cardinal Health Basic Forecasting Models to cross-verify your projections.

Cardinal Health Related Hype Analysis

Having access to credible news sources related to Cardinal Health's direct competition is more important than ever and may enhance your ability to predict Cardinal Health's future price movements. Getting to know how Cardinal Health rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cardinal Health may potentially react to the hype associated with one of its peers.

Cardinal Health Additional Predictive Modules

Most predictive techniques to examine Cardinal price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cardinal using various technical indicators. When you analyze Cardinal charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cardinal Health Predictive Indicators

The successful prediction of Cardinal Health stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cardinal Health, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cardinal Health based on analysis of Cardinal Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cardinal Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cardinal Health's related companies.
 2019 2021 2022 (projected)
Long Term Debt to Equity3.782.72.91
Interest Coverage2.623.023.09

Story Coverage note for Cardinal Health

The number of cover stories for Cardinal Health depends on current market conditions and Cardinal Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cardinal Health is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cardinal Health's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Cardinal Health Short Properties

Cardinal Health's future price predictability will typically decrease when Cardinal Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cardinal Health often depends not only on the future outlook of the potential Cardinal 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. Cardinal Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding279000000.00
Cash And Short Term Investments4717000000.00
Continue to Cardinal Health Basic Forecasting Models to cross-verify your projections. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.