Cano Health sells substantially all its primary care centers in Texas Nevada

CANODelisted Stock  USD 1.37  0.04  2.84%   
About 61% of Cano Health's investor base is looking to short. The analysis of current outlook of investing in Cano Health suggests that many traders are alarmed regarding Cano Health's prospects. Cano Health's investing sentiment overview a quick insight into current market opportunities from investing in Cano Health. Many technical investors use Cano Health stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Cano Health said on Tuesday it has sold substantially all the assets associated with its senior-focused primary care centers in Texas and Nevada

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Cano Health Fundamental Analysis

We analyze Cano Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cano Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cano Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Ratio

Current Ratio Comparative Analysis

Cano Health is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Cano Health Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cano Health stock to make a market-neutral strategy. Peer analysis of Cano Health could also be used in its relative valuation, which is a method of valuing Cano Health by comparing valuation metrics with similar companies.

Peers

Cano Health Related Equities

THCTenet Healthcare   1.00   
0%
22.0%
AGLAgilon Health   0.90   
0%
20.0%
ENSGEnsign   0.81   
0%
18.0%
ACHCAcadia Healthcare   0.79   
0%
18.0%
UHSUniversal Health   0.51   
0%
11.0%
LFSTLifestance Health   0.42   
0%
9.0%
EHABEnhabit   0.12   
2.0%
0%
PNTGPennant   0.55   
12.0%
0%
USPHUS Physicalrapy   0.64   
14.0%
0%
SEMSelect Medical   1.81   
41.0%
0%
BKDBrookdale Senior   2.95   
67.0%
0%
INNVInnovAge Holding   3.06   
70.0%
0%
TOIOncology Institute   4.35   
100.0%
0%
Check out Trending Equities to better understand how to build diversified portfolios. 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.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Consideration for investing in Cano Stock

If you are still planning to invest in Cano Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cano Health's history and understand the potential risks before investing.
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