Carecloud Stock Alpha and Beta Analysis
| CCLDP Stock | 16.34 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CareCloud. It also helps investors analyze the systematic and unsystematic risks associated with investing in CareCloud over a specified time horizon. Remember, high CareCloud's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to CareCloud's market risk premium analysis include:
Beta (0.62) | Alpha 0.89 | Risk 4.53 | Sharpe Ratio 0.17 | Expected Return 0.79 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
CareCloud |
CareCloud Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CareCloud market risk premium is the additional return an investor will receive from holding CareCloud long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CareCloud. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate CareCloud's performance over market.| α | 0.89 | β | -0.62 |
CareCloud expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of CareCloud's Buy-and-hold return. Our buy-and-hold chart shows how CareCloud performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CareCloud Market Price Analysis
Market price analysis 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 understating and applying CareCloud stock market price indicators, traders can identify CareCloud position entry and exit signals to maximize returns.
CareCloud Return and Market Media
The median price of CareCloud for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 12.03 with a coefficient of variation of 15.79. The daily time series for the period is distributed with a sample standard deviation of 2.0, arithmetic mean of 12.64, and mean deviation of 1.48. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | CareCloud Amends Preferred Stock Terms and Exchange Rights - TipRanks | 09/16/2024 |
2 | Insider Stock Buying Reaches US829.6k On CareCloud - Yahoo Finance | 11/05/2024 |
3 | CareCloud Third Quarter 2024 Earnings EPS Beats Expectations - Simply Wall St | 11/15/2024 |
About CareCloud Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including CareCloud or other stocks. Alpha measures the amount that position in CareCloud has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.16 | 0.36 | 0.6 | 0.63 | Price To Sales Ratio | 0.66 | 0.31 | 0.2 | 0.19 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CareCloud in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CareCloud's short interest history, or implied volatility extrapolated from CareCloud options trading.
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Additional 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.