CareTrust Competitors
| CTRE Stock | USD 39.39 0.65 1.68% |
CareTrust REIT vs Sabra Healthcare Correlation
Very weak diversification
The correlation between CareTrust REIT and SBRA is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CareTrust REIT and SBRA in the same portfolio, assuming nothing else is changed.
Moving together with CareTrust Stock
Moving against CareTrust Stock
| 0.55 | FSP | Franklin Street Prop Earnings Call This Week | PairCorr |
| 0.47 | ORGN | Origin Materials Earnings Call This Week | PairCorr |
| 0.41 | OPINL | Office Properties Income | PairCorr |
| 0.31 | IBM | International Business | PairCorr |
CareTrust REIT Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between CareTrust REIT and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of CareTrust and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of CareTrust REIT does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between CareTrust Stock performing well and CareTrust REIT Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze CareTrust REIT's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HR | 0.86 | (0.06) | 0.00 | (0.10) | 0.00 | 1.61 | 4.39 | |||
| STAG | 0.71 | 0.01 | (0.08) | 0.15 | 0.76 | 1.61 | 3.62 | |||
| FR | 0.84 | 0.10 | 0.05 | 0.35 | 0.74 | 2.08 | 4.65 | |||
| AHR | 1.08 | 0.08 | 0.01 | 0.31 | 1.34 | 2.62 | 7.94 | |||
| VNO | 1.46 | (0.30) | 0.00 | (0.20) | 0.00 | 2.88 | 9.73 | |||
| STWD | 0.83 | (0.03) | (0.08) | 0.04 | 0.91 | 1.81 | 4.49 | |||
| EPRT | 0.87 | 0.13 | 0.00 | (0.27) | 0.97 | 1.90 | 4.88 | |||
| TRNO | 0.91 | 0.14 | 0.07 | 0.54 | 0.88 | 2.49 | 5.89 | |||
| SBRA | 0.90 | 0.10 | (0.01) | (0.47) | 1.00 | 2.08 | 4.91 |
Cross Equities Net Income Analysis
Compare CareTrust REIT and related stocks such as Healthcare Realty Trust, STAG Industrial, and First Industrial Realty Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HR | 4 M | (214 K) | 5.5 M | 6.9 M | 31.9 M | 69.4 M | 85.6 M | 23.1 M | 69.8 M | 39.2 M | 72.2 M | 66.7 M | 40.9 M | (278.3 M) | (654.5 M) | (589 M) | (559.6 M) |
| STAG | (2 M) | (4.5 M) | (6.5 M) | 5.5 M | (3.7 M) | (27.4 M) | 34.5 M | 31.3 M | 92.9 M | 49.3 M | 202.1 M | 192.3 M | 178.3 M | 192.8 M | 189.2 M | 273.4 M | 287 M |
| FR | 9.5 M | (7.4 M) | (6.9 M) | 40.3 M | 49.1 M | 73.8 M | 121.2 M | 201.5 M | 163.2 M | 238.8 M | 201.6 M | 271 M | 359.1 M | 274.8 M | 287.3 M | 260 M | 273 M |
| AHR | (146 M) | (146 M) | (146 M) | (146 M) | (146 M) | (146 M) | (146 M) | 11.2 M | 13.3 M | (5 M) | 2.2 M | (47.8 M) | (81.3 M) | (71.5 M) | (37.8 M) | (34 M) | (35.7 M) |
| VNO | 11 M | 662.3 M | 617.3 M | 476 M | 864.9 M | 760.4 M | 960.6 M | 227.4 M | 450 M | 3.1 B | (297 M) | 176 M | (346.5 M) | 105.5 M | 70.4 M | 905 M | 950.2 M |
| STWD | (3 M) | 119.4 M | 201.2 M | 305 M | 495 M | 450.7 M | 365.2 M | 400.8 M | 385.8 M | 509.7 M | 331.7 M | 447.7 M | 871.5 M | 339.2 M | 359.9 M | 413.9 M | 387.5 M |
| EPRT | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 3.8 M | 6.3 M | 15.6 M | 41.8 M | 42.3 M | 95.7 M | 134.1 M | 190.7 M | 203 M | 233.5 M | 245.1 M |
| TRNO | (5.4 M) | (3.7 M) | 4.1 M | 6.6 M | 10.7 M | 14.6 M | 15.1 M | 53.1 M | 63.3 M | 55.5 M | 79.8 M | 87.3 M | 198 M | 151.5 M | 184.5 M | 403 M | 423.1 M |
| SBRA | 7.4 M | 12.8 M | 19.5 M | 33.7 M | 47 M | 79.4 M | 70.3 M | 158.4 M | 279.1 M | 69 M | 138.4 M | (113.3 M) | (77.6 M) | 13.8 M | 126.7 M | 145.7 M | 153 M |
CareTrust REIT and related stocks such as Healthcare Realty Trust, STAG Industrial, and First Industrial Realty Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in CareTrust REIT financial statement analysis. It represents the amount of money remaining after all of CareTrust REIT operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.CareTrust REIT Competitive Analysis
The better you understand CareTrust REIT competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, CareTrust REIT's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across CareTrust REIT's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
CareTrust REIT Competition Performance Charts
Five steps to successful analysis of CareTrust REIT Competition
CareTrust REIT's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by CareTrust REIT in relation to its competition. CareTrust REIT's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of CareTrust REIT in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact CareTrust REIT's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to CareTrust REIT, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your CareTrust REIT position
In addition to having CareTrust REIT 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.Did You Try This Idea?
Run Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
| View All Next | Launch |
Check out CareTrust REIT Correlation with its peers. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Will Diversified REITs sector continue expanding? Could CareTrust diversify its offerings? Factors like these will boost the valuation of CareTrust REIT. Projected growth potential of CareTrust fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every CareTrust REIT data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.674 | Dividend Share 1.295 | Earnings Share 1.38 | Revenue Per Share | Quarterly Revenue Growth 0.712 |
Understanding CareTrust REIT requires distinguishing between market price and book value, where the latter reflects CareTrust's accounting equity. The concept of intrinsic value - what CareTrust REIT's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push CareTrust REIT's price substantially above or below its fundamental value.
It's important to distinguish between CareTrust REIT's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CareTrust REIT should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CareTrust REIT's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.