X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.8 In other words, the correlation coefficient of the other stocks
So - so numbers for Q4 but at least no missteps. I'll be looking to see how much Medicare Cap exposure will be sandbagged into 2017 guidance. More importantly, the DOJ arbitration may now fall under one of the perverse Trump plays...provide a catalyst for the short covering which still is almost 10%. The continued stock buyback is the best use of capital so let's hope Cinci doesn't get any bright ideas. BTW the standard response of Cinci regarding a spin-off of RR is the adverse tax consequences. Perhaps another potential Trump play next year?
Chemed has moved up on better than average volume--I wonder what is going on? I think it is time for Chemed to split. What do you think about it?
Not a great quarter. 9 cents short of earnings estimates on revenues 4m short of consensus. Full year guidance is still in line, but overall I expect the market to be disappointed.