CareCloud Dividend Yield from 2010 to 2024
| CCLDP Stock | 16.34 0.08 0.49% |
Dividend Yield | First Reported 2010-12-31 | Previous Quarter 0.60039641 | Current Value 0.63 | Quarterly Volatility 0.211222 |
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 17.4 M, Interest Expense of 1.3 M or Selling General Administrative of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.63 or PTB Ratio of 0.54. CareCloud financial statements analysis is a perfect complement when working with CareCloud Valuation or Volatility modules.
CareCloud | Dividend Yield |
Latest CareCloud's Dividend Yield Growth Pattern
Below is the plot of the Dividend Yield of CareCloud over the last few years. Dividend Yield is CareCloud dividend as a percentage of CareCloud stock price. CareCloud dividend yield is a measure of CareCloud stock productivity, which can be interpreted as interest rate earned on an CareCloud investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. CareCloud's Dividend Yield 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.
| Dividend Yield | 10 Years Trend |
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Dividend Yield |
| Timeline |
CareCloud Dividend Yield Regression Statistics
| Arithmetic Mean | 0.15 | |
| Geometric Mean | 0.04 | |
| Coefficient Of Variation | 141.65 | |
| Mean Deviation | 0.15 | |
| Median | 0.09 | |
| Standard Deviation | 0.21 | |
| Sample Variance | 0.04 | |
| Range | 0.6259 | |
| R-Value | 0.82 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.68 | |
| Significance | 0.0002 | |
| Slope | 0.04 | |
| Total Sum of Squares | 0.62 |
CareCloud Dividend Yield History
About CareCloud Financial Statements
CareCloud shareholders use historical fundamental indicators, such as Dividend Yield, to determine how well the company is positioned to perform in the future. Although CareCloud investors may analyze each financial statement separately, they are all interrelated. The changes in CareCloud's assets and liabilities, for example, are also reflected in the revenues and expenses on on CareCloud's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Dividend Yield | 0.60 | 0.63 |
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 together with CareCloud Stock
Moving against CareCloud Stock
| 0.75 | EKSO | Ekso Bionics Holdings | PairCorr |
| 0.53 | VERO | Venus Concept | PairCorr |
| 0.47 | DRIO | DarioHealth Corp | PairCorr |
| 0.34 | CI | Cigna Corp | PairCorr |
| 0.32 | VTAK | Catheter Precision | 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.Additional Tools for CareCloud Stock Analysis
When running CareCloud's price analysis, check to measure CareCloud's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareCloud is operating at the current time. Most of CareCloud's value examination focuses on studying past and present price action to predict the probability of CareCloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareCloud's price. Additionally, you may evaluate how the addition of CareCloud to your portfolios can decrease your overall portfolio volatility.