Carecloud Stock Price on December 10, 2024
| CCLD Stock | 3.95 0.51 11.43% |
Below is the normalized historical share price chart for CareCloud extending back to July 23, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CareCloud stands at 3.95, as last reported on the 13th of December 2024, with the highest price reaching 4.49 and the lowest price hitting 3.82 during the day.
If you're considering investing in CareCloud Stock, it is important to understand the factors that can impact its price. CareCloud appears to be very risky, given 3 months investment horizon. CareCloud secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. By analyzing CareCloud's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please makes use of CareCloud's Risk Adjusted Performance of 0.1074, downside deviation of 6.17, and Mean Deviation of 4.5 to double-check if our risk estimates are consistent with your expectations.
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 40.8 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 12.9 M. The current year's Price Earnings To Growth Ratio is expected to grow to 0.0004, whereas Price To Sales Ratio is forecasted to decline to 0.19. CareCloud Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of July 2014 | 200 Day MA 2.1996 | 50 Day MA 2.7849 | Beta 1.367 |
CareCloud |
Sharpe Ratio = 0.1165
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average CareCloud is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.
Price Book 1.3808 | Enterprise Value Ebitda (0.99) | Price Sales 0.5746 | Shares Float 8.5 M | Wall Street Target Price 4.8 |
CareCloud Valuation on December 10, 2024
It is possible to determine the worth of CareCloud on a given historical date. On December 10, 2024 CareCloud was worth 4.3 at the beginning of the trading date compared to the closed value of 4.46. 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 | |
| 4.01 | 4.72 | 4.01 | 4.34 | 475,824 | |
12/10/2024 | 4.30 | 4.84 | 4.11 | 4.46 | 377,003 |
| 4.48 | 4.49 | 3.82 | 3.95 | 246,519 |
| Backtest CareCloud | | | CareCloud History | | | CareCloud Valuation | Previous | Next |
CareCloud Trading Date Momentum on December 10, 2024
| On December 11 2024 CareCloud was traded for 3.95 at the closing time. The top price for the day was 4.49 and the lowest listed price was 3.82 . The trading volume for the day was 246.5 K. The trading history from December 11, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 11.43% . The overall trading delta against the current closing price is 0.45% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.7 M | 12.9 M | |
| Net Loss | -11.6 M | -12.2 M |
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 | December 13, 2024
| 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 December 13, 2024 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 | 0.1074 | |||
| Jensen Alpha | 0.7924 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1323 | |||
| Treynor Ratio | 0.748 |
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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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