Cardinal Health (Germany) Statistic Functions Linear Regression Intercept

CLH Stock  EUR 120.00  1.20  0.99%   
Cardinal Health statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Cardinal Health. Cardinal Health value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Cardinal Health statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Linear Regression Intercept is the expected mean value of Cardinal Health price seriese where values of its benchmark or peer price series are zero.

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.

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.
Hype
Prediction
LowEstimatedHigh
118.58120.00121.42
Details
Intrinsic
Valuation
LowRealHigh
117.15118.56132.00
Details
Naive
Forecast
LowNextHigh
121.44122.87124.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
119.76122.20124.65
Details

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.
Transportation Idea
Transportation
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Macroaxis Index Idea
Macroaxis Index
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Large Cap ETFs Idea
Large Cap ETFs
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Investor Favorites Idea
Investor Favorites
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Momentum Idea
Momentum
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Driverless Cars Idea
Driverless Cars
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Cash Cows Idea
Cash Cows
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Artificial Intelligence Idea
Artificial Intelligence
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Impulse Idea
Impulse
Invested over 100 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares

Additional Information and Resources on Investing in Cardinal Stock

When determining whether Cardinal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cardinal Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cardinal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cardinal Health Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardinal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Cardinal Stock please use our How to Invest in Cardinal Health guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between Cardinal Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardinal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardinal Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.