Caremax Stock Alpha and Beta Analysis
| CMAX Stock | USD 0.72 0.05 7.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CareMax. It also helps investors analyze the systematic and unsystematic risks associated with investing in CareMax over a specified time horizon. Remember, high CareMax'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 CareMax's market risk premium analysis include:
Beta 0.59 | Alpha (1.73) | Risk 10.26 | Sharpe Ratio (0.18) | Expected Return (1.80) |
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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.
CareMax |
CareMax Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CareMax market risk premium is the additional return an investor will receive from holding CareMax 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 CareMax. 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 CareMax's performance over market.| α | -1.73 | β | 0.59 |
CareMax 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 CareMax's Buy-and-hold return. Our buy-and-hold chart shows how CareMax performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CareMax Market Price Analysis
Market price analysis indicators help investors to evaluate how CareMax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareMax shares will generate the highest return on investment. By understating and applying CareMax stock market price indicators, traders can identify CareMax position entry and exit signals to maximize returns.
CareMax Return and Market Media
The median price of CareMax for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 1.92 with a coefficient of variation of 28.22. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 1.96, and mean deviation of 0.37. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by De La Torre Ralph of 33750 shares of CareMax subject to Rule 16b-3 | 09/06/2024 |
2 | Insider Trading | 09/24/2024 |
3 | CareMax Faces Nasdaq Delisting Risk, Appoints New Director - TipRanks | 09/26/2024 |
4 | Disposition of 12123 shares by Flynn James E of CareMax subject to Rule 16b-3 | 10/04/2024 |
5 | Block Q3 Earnings Meet Estimates | 11/07/2024 |
6 | CareMax Seeks Restructuring Amid Chapter 11 Bankruptcy | 11/19/2024 |
About CareMax 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 CareMax or other stocks. Alpha measures the amount that position in CareMax 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0196 | 0.0174 | Price To Sales Ratio | 0.0742 | 0.0705 |
CareMax Upcoming Company Events
As portrayed in its financial statements, the presentation of CareMax's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CareMax's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CareMax's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CareMax. Please utilize our Beneish M Score to check the likelihood of CareMax's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for CareMax Stock Analysis
When running CareMax's price analysis, check to measure CareMax'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 CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.