CARDINAL HEALTH (Germany) Price Patterns
| CLH Stock | EUR 191.42 4.66 2.38% |
Momentum 59
Buy Extended
Oversold | Overbought |
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.
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 | EUR 191.13 |
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.
CARDINAL |
CARDINAL HEALTH After-Hype Price 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 189.27 and 192.99, 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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
CARDINAL HEALTH is very steady at this time. Analysis and calculation of next after-hype price of CARDINAL HEALTH is based on 3 months time horizon.
CARDINAL HEALTH Stock Price Outlook 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 Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 1.86 | 0.29 | 0.00 | 7 Events / Month | 1 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
191.42 | 191.13 | 0.15 |
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CARDINAL HEALTH Hype Timeline
CARDINAL HEALTH is currently traded for 191.42on Munich Exchange of Germany. The entity has historical hype elasticity of -0.29, and average elasticity to hype of competition of 0.0. CARDINAL is forecasted to decline in value after the next headline, with the price expected to drop to 191.13. The average volatility of media hype impact on the company price is about 143.08%. The price drop on the next news is expected to be -0.15%, whereas the daily expected return is currently at 0.22%. The volatility of related hype on CARDINAL HEALTH is about 18146.34%, with the expected price after the next announcement by competition of 191.42. The company has Price/Earnings To Growth (PEG) ratio of 1.49. CARDINAL HEALTH last dividend was issued on the 27th of June 1970. Assuming the 90 days trading horizon the next forecasted press release will be in about 7 days. Check out 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's peers 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.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| 2G0 | Food Life Companies | 0.20 | 4 per month | 1.75 | 0.19 | 5.69 | (3.74) | 11.65 | |
| 3DS | DaChan Food Limited | (0) | 1 per month | 2.82 | (0) | 6.45 | (6.45) | 20.57 | |
| Z85 | AUSTEVOLL SEAFOOD | (0.06) | 2 per month | 1.03 | 0.19 | 3.42 | (1.74) | 8.32 | |
| 63T | Tencent Music Entertainment | 0.00 | 6 per month | 0.00 | (0.15) | 4.00 | (5.38) | 16.56 | |
| Z85 | Austevoll Seafood ASA | (0.06) | 1 per month | 0.99 | 0.18 | 3.22 | (1.86) | 6.59 | |
| AFO2 | ASSOC BR FOODS | (0.20) | 1 per month | 0.00 | (0.05) | 1.82 | (1.98) | 15.52 | |
| 751 | Algonquin Power Utilities | (0.02) | 5 per month | 0.83 | 0.13 | 2.94 | (1.80) | 6.54 | |
| 2LH | MOVIE GAMES SA | 0.06 | 2 per month | 0.00 | (0.10) | 4.62 | (5.34) | 15.43 |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
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Additional 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.