We suggest to use Cardinal Health fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can use it to find out if Cardinal Health is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect twenty-six available fundamental indicators for Cardinal Health, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of Cardinal Health to be traded at 139.1 in 90 days. Key indicators impacting Cardinal Health's financial strength include:
Understanding current and past Cardinal Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cardinal Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Cardinal Health's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Cardinal Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cardinal Health. Check Cardinal Health's Beneish M Score to see the likelihood of Cardinal Health's management manipulating its earnings.
You should never invest in Cardinal Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cardinal Stock, because this is throwing your money away. Analyzing the key information contained in Cardinal Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cardinal Health Key Financial Ratios
There are many critical financial ratios that Cardinal Health's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cardinal Health reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Cardinal Health's current stock value. Our valuation model uses many indicators to compare Cardinal Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cardinal Health competition to find correlations between indicators driving Cardinal Health's intrinsic value. More Info.
Cardinal Health is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cardinal Health's earnings, one of the primary drivers of an investment's value.
Cardinal Health Systematic Risk
Cardinal Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cardinal Health volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Total Assets Over Time
Cardinal Health Thematic Clasifications
Cardinal Health is part of several thematic ideas from Health Management to Management. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Along with financial statement analysis, the daily predictive indicators of Cardinal Health help investors to analyze its daily demand and supply, volume, patterns, and price 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.
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.