Carecloud Stock Price on November 30, 2024
| CCLD Stock | 3.34 0.10 3.09% |
If you're considering investing in CareCloud Stock, it is important to understand the factors that can impact its price. As of today, the current price of CareCloud stands at 3.34, as last reported on the 28th of February, with the highest price reaching 3.40 and the lowest price hitting 3.23 during the day. CareCloud secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. CareCloud exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CareCloud's Standard Deviation of 6.62, risk adjusted performance of 0.0022, and Mean Deviation of 5.31 to double-check the risk estimate we provide.
CareCloud Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CareCloud |
Sharpe Ratio = -0.009
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| Negative Returns | CCLD |
Estimated Market Risk
| 6.62 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CareCloud is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CareCloud by adding CareCloud to a well-diversified portfolio.
CareCloud Valuation on November 30, 2024
It is possible to determine the worth of CareCloud on a given historical date. On November 30, 2024 CareCloud was worth 3.16 at the beginning of the trading date compared to the closed value of 3.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CareCloud stock. Still, in general, we apply an absolute valuation method to find CareCloud's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CareCloud where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CareCloud's related companies.
| Open | High | Low | Close | Volume | |
| 3.10 | 3.29 | 3.00 | 3.11 | 66,351 | |
11/29/2024 | 3.16 | 3.24 | 3.05 | 3.16 | 97,367 |
| 3.27 | 4.00 | 3.20 | 3.95 | 822,727 |
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CareCloud Trading Date Momentum on November 30, 2024
| On December 02 2024 CareCloud was traded for 3.95 at the closing time. The top price for the day was 4.00 and the lowest listed price was 3.20 . The trading volume for the day was 822.7 K. The trading history from December 2, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 25.00% . The overall trading delta against the current closing price is 26.90% . |
CareCloud Fundamentals Correlations and Trends
By evaluating CareCloud's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CareCloud's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CareCloud financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CareCloud Stock history
CareCloud investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CareCloud is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CareCloud will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CareCloud stock prices may prove useful in developing a viable investing in CareCloud
CareCloud Stock Technical Analysis
CareCloud technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CareCloud Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
CareCloud cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CareCloud February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how CareCloud stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareCloud shares will generate the highest return on investment. By undertsting and applying CareCloud stock market strength indicators, traders can identify CareCloud entry and exit signals to maximize returns
CareCloud Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CareCloud's price direction in advance. Along with the technical and fundamental analysis of CareCloud Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CareCloud to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0022 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.1368 | |||
| Treynor Ratio | (0.05) |
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| Statistic Functions | ||
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| Volume Indicators |
Complementary 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.
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