Concentra Dividend Payout Ratio from 2010 to 2024
| CON Stock | 21.82 0.60 2.68% |
Dividend Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.03406559 | Current Value 0.0277 | Quarterly Volatility 0.00196246 |
Check Concentra Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Concentra Group's main balance sheet or income statement drivers, such as Tax Provision of 40.7 M, Depreciation And Amortization of 61 M or Interest Expense of 119.7 M, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0025 or PTB Ratio of 2.96. Concentra financial statements analysis is a perfect complement when working with Concentra Group Valuation or Volatility modules.
Concentra |
Latest Concentra Group's Dividend Payout Ratio Growth Pattern
Below is the plot of the Dividend Payout Ratio of Concentra Group Holdings over the last few years. It is Concentra Group's Dividend Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Concentra Group's overall financial position and show how it may be relating to other accounts over time.
| Dividend Payout Ratio | 10 Years Trend |
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Dividend Payout Ratio |
| Timeline |
Concentra Dividend Payout Ratio Regression Statistics
| Arithmetic Mean | 0.03 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 6.07 | |
| Mean Deviation | 0.0009 | |
| Median | 0.03 | |
| Standard Deviation | 0 | |
| Sample Variance | 0.00000385 | |
| Range | 0.01 | |
| R-Value | 0.07 | |
| Mean Square Error | 0.00000413 | |
| R-Squared | 0 | |
| Significance | 0.81 | |
| Slope | 0.00003 | |
| Total Sum of Squares | 0.000054 |
Concentra Dividend Payout Ratio History
About Concentra Group Financial Statements
Concentra Group investors utilize fundamental indicators, such as Dividend Payout Ratio, to predict how Concentra 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 | ||
| Dividend Payout Ratio | 0.03 | 0.03 |
Pair Trading with Concentra Group
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 Concentra Group 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 Concentra Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Concentra Stock
Moving against Concentra Stock
| 0.68 | ECOR | Electrocore LLC | PairCorr |
| 0.66 | MD | Mednax Inc | PairCorr |
| 0.51 | DOCS | Doximity | PairCorr |
| 0.39 | DRIO | DarioHealth Corp | PairCorr |
| 0.32 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Concentra Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concentra Group 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 Concentra Group - 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 Concentra Group Holdings to buy it.
The correlation of Concentra Group 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 Concentra Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concentra Group Holdings 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 Concentra Group 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 Concentra Group Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concentra Group. If investors know Concentra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concentra Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 1.02 | Revenue Per Share 17.842 | Quarterly Revenue Growth 0.023 |
The market value of Concentra Group Holdings is measured differently than its book value, which is the value of Concentra that is recorded on the company's balance sheet. Investors also form their own opinion of Concentra Group's value that differs from its market value or its book value, called intrinsic value, which is Concentra Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concentra Group's market value can be influenced by many factors that don't directly affect Concentra Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concentra Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentra Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentra Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.