Cano Health Stock Alpha and Beta Analysis
| CANO Stock | USD 0.24 0.01 4.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cano Health. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cano Health over a specified time horizon. Remember, high Cano Health's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cano Health's market risk premium analysis include:
Beta (0.23) | Alpha (2.43) | Risk 19.5 | Sharpe Ratio (0.10) | Expected Return (1.97) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cano |
Cano Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cano Health market risk premium is the additional return an investor will receive from holding Cano Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cano Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cano Health's performance over market.| α | -2.43 | β | -0.23 |
Cano Health Fundamentals Vs Peers
Comparing Cano Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cano Health's direct or indirect competition across all of the common fundamentals between Cano Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cano Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cano Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cano Health by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cano Health to competition |
| Fundamentals | Cano Health | Peer Average |
| Return On Equity | -4.29 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Profit Margin | (0.19) % | (1.27) % |
| Operating Margin | (0.12) % | (5.51) % |
| Current Valuation | 1.07 B | 16.62 B |
| Shares Outstanding | 2.89 M | 571.82 M |
| Shares Owned By Insiders | 43.43 % | 10.09 % |
Cano Health Opportunities
Cano Health Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | How Will the Market React to Cano Health Inc Stock Getting a Bearish Rating - InvestorsObserver | 01/19/2024 |
2 | Should You Buy Cano Health Inc Stock After it Is Down 0.74 percent in a Week - InvestorsObserver | 01/29/2024 |
3 | Why Is Primary Care Provider Cano Health Stock Trading Lower Today | 02/05/2024 |
4 | Cano Health sues founder and former CEO - South Florida Business Journal - The Business Journals | 02/08/2024 |
5 | Cano Health executives sell over 114k in MSP Recovery shares By Investing.com - Investing.com | 03/18/2024 |
6 | Disposition of 550000 shares by Aguilar Richard of Cano Health subject to Rule 16b-3 | 04/05/2024 |
About Cano Health Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cano or other stocks. Alpha measures the amount that position in Cano Health has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0429 | 0.045 | Price To Sales Ratio | 0.13 | 0.12 |
Cano Health Upcoming Company Events
As portrayed in its financial statements, the presentation of Cano Health's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cano Health's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cano Health's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cano Health. Please utilize our Beneish M Score to check the likelihood of Cano Health's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Cano Health
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stocks Directory Find actively traded stocks across global markets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
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.