Tenet Healthcare Stock Volume Indicators Chaikin AD Line

THC Stock  USD 139.77  11.32  7.49%   
Tenet Healthcare volume indicators tool provides the execution environment for running the Chaikin AD Line 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 volume indicators indicators. As with most other technical indicators, the Chaikin AD Line indicator function is designed to identify and follow existing trends. Tenet Healthcare volume indicators are based on Chaikin accumulation (buying pressure) and distribution (selling pressure) factors to determine the likely sustainability of a given price move.

Indicator
The output start index for this execution was zero with a total number of output elements of sixty-one. The Accumulation/Distribution line was developed by Marc Chaikin. It is interpreted by looking at a divergence in the direction of the indicator relative to Tenet Healthcare price. If the Accumulation/Distribution Line is trending upward it indicates that the price may follow. If the Accumulation/Distribution Line becomes flat while Tenet Healthcare price is still rising (or falling) then it signals a flattening of the price values.

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 volume 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 2023 2024 (projected)
Inventory Turnover8.678.0844.0932.15
ROIC0.130.110.120.1
Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Hype
Prediction
LowEstimatedHigh
137.49139.64141.79
Details
Intrinsic
Valuation
LowRealHigh
62.9465.09153.75
Details
Naive
Forecast
LowNextHigh
138.37140.52142.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0025-0.0025-0.0025
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 toward taking a position in Tenet Healthcare.

Align your values with your investing style

In addition to having Tenet Healthcare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.
Cash Cows Idea
Cash Cows
Invested few shares
Business Services Idea
Business Services
Invested few shares
Disruptive Technologies Idea
Disruptive Technologies
Invested few shares
FinTech Idea
FinTech
Invested over 70 shares
ESG Investing Idea
ESG Investing
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Power Assets Idea
Power Assets
Invested over 200 shares
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Invested over 40 shares
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When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare'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 Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Health Care Providers & Services space 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
1.306
Earnings Share
27.46
Revenue Per Share
209.441
Quarterly Revenue Growth
0.004
Return On Assets
0.0681
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 if Tenet Healthcare is a good investment 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.