Justin Pierce - CareCloud Chief Officer

CCLDO Stock   16.98  0.10  0.59%   

Executive

Justin Pierce is Chief Officer of CareCloud
Address 7 Clyde Road, Somerset, NJ, United States, 08873
Phone732 873 5133
Webhttps://www.carecloud.com

CareCloud Management Efficiency

As of the 26th of November 2024, Return On Tangible Assets is likely to grow to -1.31. In addition to that, Return On Capital Employed is likely to grow to -0.8. At this time, CareCloud's Non Currrent Assets Other are very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 5.2 M, while Total Assets are likely to drop about 60.4 M. CareCloud's management efficiency ratios could be used to measure how well CareCloud manages its routine affairs as well as how well it operates its assets and liabilities.

Similar Executives

Showing other executives

EXECUTIVE Age

Adeel SarwarCareCloud
N/A
Nathalie GarciaCareCloud
35
Steve LinkCareCloud
Adeel SarwarCareCloud
N/A
Crystal WilliamsCareCloud
N/A
Mike CuestaCareCloud
N/A
Mike CuestaCareCloud
N/A
Robyn HunterFortress Biotech Pref
61
Chantelle MelendezCareCloud
N/A
Crystal WilliamsCareCloud
N/A
Elizabeth FerrerCareCloud
N/A
Chantelle MelendezCareCloud
N/A
Elizabeth FerrerCareCloud
N/A
Kaitlyn ModeCareCloud
N/A
Kaitlyn ModeCareCloud
N/A
Nathalie GarciaCareCloud
35
Steve LinkCareCloud
CareCloud (CCLDO) is traded on NASDAQ Exchange in USA. It is located in 7 Clyde Road, Somerset, NJ, United States, 08873 and employs 3,600 people. CareCloud is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

CareCloud Leadership Team

Elected by the shareholders, the CareCloud's board of directors comprises two types of representatives: CareCloud inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CareCloud. The board's role is to monitor CareCloud's management team and ensure that shareholders' interests are well served. CareCloud's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CareCloud's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nathalie Garcia, Chief Counsel
Kimberly Esq, VP Counsel
Kaitlyn Mode, Corporate Manager
Mike Cuesta, Chief Officer
Adeel Sarwar, Chief Officer
Hadi Chaudhry, CEO President
Steve Link, Chief Officer
Elizabeth Ferrer, Vice Resources
Norman Roth, CFO, Secretary
Chantelle Melendez, Corporate Counsel
Stephen Snyder, President
Justin Pierce, Chief Officer
Mahmud Haq, Founder Chairman
Crystal Williams, Chief Officer

CareCloud Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CareCloud a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.61DOCS DoximityPairCorr

Moving against CareCloud Stock

  0.74EVH Evolent HealthPairCorr
  0.72AMN AMN Healthcare ServicesPairCorr
  0.65FIGS Figs IncPairCorr
  0.63AGL agilon health Buyout TrendPairCorr
  0.61PHG Koninklijke PhilipsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether CareCloud is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CareCloud Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carecloud Stock. Highlighted below are key reports to facilitate an investment decision about Carecloud Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 CareCloud. If investors know CareCloud 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 CareCloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
7.008
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.0006)
Return On Equity
(0.66)
The market value of CareCloud is measured differently than its book value, which is the value of CareCloud that is recorded on the company's balance sheet. Investors also form their own opinion of CareCloud's value that differs from its market value or its book value, called intrinsic value, which is CareCloud'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 CareCloud's market value can be influenced by many factors that don't directly affect CareCloud'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 CareCloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareCloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareCloud'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.