Tenet Stock Momentum Indicators Commodity Channel Index

THC
 Stock
  

USD 44.12  0.09  0.20%   

Tenet Healthcare momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Tenet Healthcare. Tenet Healthcare 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 momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Tenet Healthcare are pattern recognition functions that provide distinct formation on Tenet Healthcare potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Commodity Channel Index (CCI) is designed to detect Tenet Healthcare beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Tenet Healthcare is making new highs, and the CCI is not, then a price correction is likely to happen soon.
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Tenet Healthcare Technical Analysis Modules

Most technical analysis of Tenet Healthcare 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 Tenet from various momentum indicators to cycle indicators. When you analyze Tenet 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 Tenet Healthcare 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 Tenet Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tenet Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Tenet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tenet Healthcare's daily price indicators and compare them against related drivers, such as momentum indicators 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 Tenet Healthcare's intrinsic value. In addition to deriving basic predictive indicators for Tenet Healthcare, we also check how macroeconomic factors affect Tenet Healthcare price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 (projected)
Long Term Debt to Equity15.0915.48
Interest Coverage3.113.36
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tenet Healthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tenet Healthcare in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
39.6344.8850.13
Details
Intrinsic
Valuation
LowReal ValueHigh
39.7154.3859.63
Details
Naive
Forecast
LowNext ValueHigh
33.7238.9644.21
Details
14 Analysts
Consensus
LowTarget PriceHigh
80.0092.23120.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenet Healthcare. Your research has to be compared to or analyzed against Tenet Healthcare's peers to derive any actionable benefits. When done correctly, Tenet Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tenet Healthcare.

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Additionally, take a look at World Market Map. Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Tenet Stock analysis

When running Tenet Healthcare price analysis, check to measure Tenet Healthcare'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 Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.72) 
Market Capitalization
4.8 B
Quarterly Revenue Growth YOY
(0.019) 
Return On Assets
0.0593
Return On Equity
57.0261
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Tenet Healthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare'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.