CARDINAL HEALTH (Germany) Statistic Functions Beta
| CLH Stock | EUR 122.65 0.20 0.16% |
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CARDINAL HEALTH correlated with the market. If Beta is less than 0 CARDINAL HEALTH generally moves in the opposite direction as compared to the market. If CARDINAL HEALTH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CARDINAL HEALTH is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CARDINAL HEALTH is generally in the same direction as the market. If Beta > 1 CARDINAL HEALTH moves generally in the same direction as, but more than the movement of the benchmark.
CARDINAL HEALTH Technical Analysis Modules
Most technical analysis of CARDINAL HEALTH help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CARDINAL from various momentum indicators to cycle 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 | ||
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About CARDINAL HEALTH Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CARDINAL HEALTH. We use our internally-developed statistical techniques to arrive at the intrinsic value of CARDINAL HEALTH based on widely used predictive technical indicators. In general, we focus on analyzing CARDINAL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CARDINAL HEALTH's daily price indicators and compare them against related drivers, such as statistic functions 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 CARDINAL HEALTH's intrinsic value. In addition to deriving basic predictive indicators for CARDINAL HEALTH, we also check how macroeconomic factors affect CARDINAL HEALTH price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CARDINAL HEALTH in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CARDINAL HEALTH's short interest history, or implied volatility extrapolated from CARDINAL HEALTH options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Automobiles and Trucks Invested over 300 shares | |
 | Momentum Invested over 50 shares | |
 | Impulse Invested over 100 shares | |
 | Banking Invested over 30 shares | |
 | Warren Buffett Holdings Invested over 60 shares | |
 | Driverless Cars Invested over 300 shares | |
 | Chemicals Invested over 30 shares | |
 | Artificial Intelligence Invested few shares |
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.