Carecloud Stock Price Prediction

CCLD Stock   2.96  0.14  4.96%   
The relative strength index (RSI) of CareCloud's share price is above 70 at the present time suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling CareCloud, making its price go up or down.

Oversold Vs Overbought

74

 
Oversold
 
Overbought
The successful prediction of CareCloud's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of CareCloud and does not consider all of the tangible or intangible factors available from CareCloud's fundamental data. We analyze noise-free headlines and recent hype associated with CareCloud, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting CareCloud's stock price prediction:
EPS Estimate Next Quarter
(0.15)
EPS Estimate Current Year
0.625
EPS Estimate Next Year
0.945
Wall Street Target Price
4.8
EPS Estimate Current Quarter
(0.14)
Using CareCloud hype-based prediction, you can estimate the value of CareCloud from the perspective of CareCloud response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in CareCloud to buy its stock at a price that has no basis in reality. In that case, they are not buying CareCloud because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

CareCloud after-hype prediction price

    
  USD 2.96  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out CareCloud Basic Forecasting Models to cross-verify your projections.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.
Intrinsic
Valuation
LowRealHigh
0.183.699.18
Details
4 Analysts
Consensus
LowTargetHigh
4.534.985.53
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.160.16
Details

CareCloud After-Hype Price Prediction Density Analysis

As far as predicting the price of CareCloud at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in CareCloud or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of CareCloud, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CareCloud Estimiated After-Hype Price Volatility

In the context of predicting CareCloud's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CareCloud's historical news coverage. CareCloud's after-hype downside and upside margins for the prediction period are 0.15 and 8.45, respectively. We have considered CareCloud's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
2.96
2.96
After-hype Price
8.45
Upside
CareCloud is risky at this time. Analysis and calculation of next after-hype price of CareCloud is based on 3 months time horizon.

CareCloud Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CareCloud is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CareCloud backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with CareCloud, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.26 
5.49
 0.00  
  0.01 
10 Events / Month
5 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
2.96
2.96
0.00 
54,900  
Notes

CareCloud Hype Timeline

CareCloud is currently traded for 2.96. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.01. CareCloud is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is currently at 0.26%. %. The volatility of related hype on CareCloud is about 13354.05%, with the expected price after the next announcement by competition of 2.95. About 47.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. CareCloud recorded a loss per share of 3.32. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be in about 10 days.
Check out CareCloud Basic Forecasting Models to cross-verify your projections.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.

CareCloud Related Hype Analysis

Having access to credible news sources related to CareCloud's direct competition is more important than ever and may enhance your ability to predict CareCloud's future price movements. Getting to know how CareCloud's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how CareCloud may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
FORAForian Inc(0.01)4 per month 0.00 (0.26) 2.67 (2.77) 9.16 
HSTMHealthStream(1.65)8 per month 1.33  0.04  2.33 (2.00) 10.49 
NRCNational Research Corp(0.12)11 per month 0.00 (0.1) 3.79 (4.72) 13.17 
CPSICPSI Old 0.00 0 per month 0.00 (0.13) 2.85 (3.01) 14.25 
TRHCTabula Rasa HealthCare 0.48 2 per month 2.59  0.17  7.81 (4.61) 14.89 
STRMStreamline Health Solutions 0.45 7 per month 0.00 (0.08) 19.40 (14.33) 55.52 
NXGNNextgen Healthcare 0.02 1 per month 0.00 (0.15) 2.81 (2.35) 7.28 
PRVAPrivia Health Group 1.12 9 per month 2.15  0.01  4.23 (3.55) 15.04 
EVHEvolent Health(0.66)7 per month 0.00 (0.20) 5.09 (5.92) 51.11 

CareCloud Additional Predictive Modules

Most predictive techniques to examine CareCloud price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CareCloud using various technical indicators. When you analyze CareCloud charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About CareCloud Predictive Indicators

The successful prediction of CareCloud stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as CareCloud, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of CareCloud based on analysis of CareCloud hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to CareCloud's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CareCloud's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.160.360.60.63
Price To Sales Ratio0.660.310.20.19

Story Coverage note for CareCloud

The number of cover stories for CareCloud depends on current market conditions and CareCloud's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CareCloud is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about CareCloud's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

CareCloud Short Properties

CareCloud's future price predictability will typically decrease when CareCloud's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CareCloud often depends not only on the future outlook of the potential CareCloud's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CareCloud's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding15.7 M
Cash And Short Term Investments3.3 M

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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