The best indicator for Cardinal Health (CAH)
We backtested 382 indicators across daily, weekly and hourly charts on real Cardinal Health (CAH) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Cardinal Health (CAH) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
McGinley 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Cardinal Health (CAH) over ~43.1 years — trailing buy-and-hold by 0.4% CAGR.
Cardinal Health (CAH) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Cardinal Health (CAH) — trailing buy-and-hold by 10.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | McGinley 100 Trend ✓ | Daily | 14.4% | 0.6 | -62.0% | 46.2% | 26 | -0.4% |
| 2 | Positive Volume Index ✓ | Weekly | 9.7% | 0.6 | -45.4% | 46.7% | 15 | -4.9% |
| 3 | T3 10/40 Cross ✓ | Weekly | 10.8% | 0.59 | -54.2% | 65.0% | 20 | -3.8% |
| 4 | QQE ✓ | Weekly | 13.4% | 0.58 | -67.9% | 52.3% | 128 | -1.2% |
| 5 | T3 200 Trend ✓ | Daily | 9.4% | 0.57 | -51.5% | 34.5% | 58 | -5.3% |
| 6 | LSMA 200 Trend ✓ | Weekly | 9.3% | 0.57 | -36.6% | 49.1% | 53 | -5.3% |
| 7 | SMA 15/60 Cross ✓ | Weekly | 10.7% | 0.57 | -59.4% | 61.1% | 18 | -3.9% |
| 8 | WMA 20/80 Cross ✓ | Weekly | 10.9% | 0.57 | -58.8% | 38.1% | 21 | -3.7% |
| 9 | SMA 20/50 Cross ✓ | Weekly | 10.6% | 0.56 | -55.9% | 56.5% | 23 | -4.0% |
| 10 | Pivot Point SuperTrend ✓ | Weekly | 11.8% | 0.6 | -57.9% | 50.0% | 14 | -2.9% |
| 11 | DeMarker ✓ | Daily | 8.9% | 0.55 | -51.8% | 78.6% | 173 | -5.8% |
| 12 | Markov Regime ✓ | Daily | 12.2% | 0.55 | -62.0% | 37.7% | 61 | -2.5% |
| 13 | Parabolic SAR ✓ | Daily | 9.6% | 0.54 | -56.2% | 46.5% | 475 | -5.1% |
| 14 | Negative Volume Index ✓ | Daily | 11.2% | 0.54 | -59.2% | 44.7% | 94 | -3.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Cardinal Health (CAH)
1 of 708 tested setups beat buy-and-hold on Cardinal Health (CAH) outright. Another 97 could get there with leverage they would survive — but 497 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Detrended Price Osc. | 1 | none needed | 2.28× |
| QQE | — | 1.16× | 1.91× |
| Stochastic | — | 1.37× | 3.77× |
| Demand Index | — | 1.38× | 3.84× |
| SMC: Liquidity Sweep | — | 1.46× | 3.48× |
| Markov Regime (Confirmed) | — | 1.52× | 1.98× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Cardinal Health (CAH), McGinley 100 Trend on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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