Concord Medical Stock Forecast - Day Median Price
CCM Stock | USD 4.44 0.01 0.22% |
Concord Stock Forecast is based on your current time horizon. Although Concord Medical's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Concord Medical's systematic risk associated with finding meaningful patterns of Concord Medical fundamentals over time.
Concord |
Previous Day Median Price | Day Median Price | Trend |
4.73 | 4.48 |
Check Concord Medical Volatility | Backtest Concord Medical | Information Ratio |
Concord Medical Trading Date Momentum
On November 22 2024 Concord Medical Services was traded for 4.44 at the closing time. Highest Concord Medical's price during the trading hours was 4.66 and the lowest price during the day was 4.30 . The net volume was 1.7 K. The overall trading history on the 22nd of November did not affect price variability. The overall trading delta to current price is 0.23% . |
The median price is the midpoint of the trading periods range.
Compare Concord Medical to competition |
Other Forecasting Options for Concord Medical
For every potential investor in Concord, whether a beginner or expert, Concord Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Concord Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Concord. Basic forecasting techniques help filter out the noise by identifying Concord Medical's price trends.Concord Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Concord Medical stock to make a market-neutral strategy. Peer analysis of Concord Medical could also be used in its relative valuation, which is a method of valuing Concord Medical by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Concord Medical Services Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Concord Medical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Concord Medical's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Concord Medical Market Strength Events
Market strength indicators help investors to evaluate how Concord Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concord Medical shares will generate the highest return on investment. By undertsting and applying Concord Medical stock market strength indicators, traders can identify Concord Medical Services entry and exit signals to maximize returns.
Concord Medical Risk Indicators
The analysis of Concord Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Concord Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting concord stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 3.98 | |||
Standard Deviation | 5.86 | |||
Variance | 34.33 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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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 Concord Medical. If investors know Concord 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 Concord Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.97) | Revenue Per Share 107.978 | Quarterly Revenue Growth (0.23) | Return On Assets (0.04) | Return On Equity (0.32) |
The market value of Concord Medical Services is measured differently than its book value, which is the value of Concord that is recorded on the company's balance sheet. Investors also form their own opinion of Concord Medical's value that differs from its market value or its book value, called intrinsic value, which is Concord Medical'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 Concord Medical's market value can be influenced by many factors that don't directly affect Concord Medical'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 Concord Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concord Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concord Medical'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.