CARDINAL HEALTH INC Performance
| 14149YBM9 | 82.49 1.10 1.32% |
The entity shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CARDINAL are expected to decrease at a much lower rate. During the bear market, CARDINAL is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CARDINAL HEALTH INC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, CARDINAL is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
CARDINAL |
CARDINAL Relative Risk vs. Return Landscape
If you would invest 8,486 in CARDINAL HEALTH INC on December 2, 2024 and sell it today you would lose (237.00) from holding CARDINAL HEALTH INC or give up 2.79% of portfolio value over 90 days. CARDINAL HEALTH INC is generating negative expected returns and assumes 1.1872% volatility on return distribution over the 90 days horizon. Simply put, 10% of bonds are less volatile than CARDINAL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CARDINAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CARDINAL's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as CARDINAL HEALTH INC, and traders can use it to determine the average amount a CARDINAL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0553
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| Negative Returns | 14149YBM9 |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CARDINAL is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CARDINAL by adding CARDINAL to a well-diversified portfolio.
About CARDINAL Performance
By analyzing CARDINAL's fundamental ratios, stakeholders can gain valuable insights into CARDINAL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CARDINAL has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if CARDINAL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| CARDINAL HEALTH INC generated a negative expected return over the last 90 days |
Other Information on Investing in CARDINAL Bond
CARDINAL financial ratios help investors to determine whether CARDINAL Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CARDINAL with respect to the benefits of owning CARDINAL security.