CareCloud Average Inventory from 2010 to 2026
| CCLDO Stock | 25.80 0.10 0.39% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 420.9 K | Current Value 318 K | Quarterly Volatility 156 K |
Check CareCloud financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareCloud's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.5 M, Interest Expense of 548 K or Selling General Administrative of 15.9 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.57 or PTB Ratio of 1.3. CareCloud financial statements analysis is a perfect complement when working with CareCloud Valuation or Volatility modules.
CareCloud | Average Inventory | Build AI portfolio with CareCloud Stock |
Evaluating CareCloud's Average Inventory across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into CareCloud's fundamental strength.
Latest CareCloud's Average Inventory Growth Pattern
Below is the plot of the Average Inventory of CareCloud over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. CareCloud's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareCloud's overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
CareCloud Average Inventory Regression Statistics
| Arithmetic Mean | 406,571 | |
| Geometric Mean | 356,580 | |
| Coefficient Of Variation | 38.36 | |
| Mean Deviation | 118,684 | |
| Median | 467,718 | |
| Standard Deviation | 155,968 | |
| Sample Variance | 24.3B | |
| Range | 453.8K | |
| R-Value | 0.47 | |
| Mean Square Error | 20.2B | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 14,536 | |
| Total Sum of Squares | 389.2B |
CareCloud Average Inventory History
About CareCloud Financial Statements
CareCloud investors utilize fundamental indicators, such as Average Inventory, to predict how CareCloud Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Average Inventory | 420.9 K | 318 K |
Pair Trading with CareCloud
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CareCloud position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CareCloud will appreciate offsetting losses from the drop in the long position's value.Moving against CareCloud Stock
| 0.88 | ELAB | Elevai Labs Common | PairCorr |
| 0.8 | OTC | Ocumetics Technology Corp | PairCorr |
| 0.76 | VVOS | Vivos Therapeutics | PairCorr |
| 0.72 | IPD | Impedimed Earnings Call This Week | PairCorr |
| 0.72 | DYNT | Dynatronics | PairCorr |
The ability to find closely correlated positions to CareCloud could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareCloud when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CareCloud - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CareCloud to buy it.
The correlation of CareCloud is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CareCloud moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareCloud moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CareCloud can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CareCloud Correlation against competitors. To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Will Health Care Equipment & Supplies sector continue expanding? Could CareCloud diversify its offerings? Factors like these will boost the valuation of CareCloud. Projected growth potential of CareCloud fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every CareCloud data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding CareCloud requires distinguishing between market price and book value, where the latter reflects CareCloud's accounting equity. The concept of intrinsic value - what CareCloud'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 CareCloud's price substantially above or below its fundamental value.
It's important to distinguish between CareCloud's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding CareCloud should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, CareCloud's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.