Caretrust Reit Stock Alpha and Beta Analysis
| CTRE Stock | USD 30.74 0.08 0.26% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CareTrust REIT. It also helps investors analyze the systematic and unsystematic risks associated with investing in CareTrust REIT over a specified time horizon. Remember, high CareTrust REIT'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 CareTrust REIT's market risk premium analysis include:
Beta (0.37) | Alpha 0.15 | Risk 1.37 | Sharpe Ratio 0.0756 | Expected Return 0.1 |
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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.
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CareTrust REIT Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CareTrust REIT market risk premium is the additional return an investor will receive from holding CareTrust REIT 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 CareTrust REIT. 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 CareTrust REIT's performance over market.| α | 0.15 | β | -0.37 |
CareTrust REIT 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 CareTrust REIT's Buy-and-hold return. Our buy-and-hold chart shows how CareTrust REIT performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CareTrust REIT Market Price Analysis
Market price analysis indicators help investors to evaluate how CareTrust REIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareTrust REIT shares will generate the highest return on investment. By understating and applying CareTrust REIT stock market price indicators, traders can identify CareTrust REIT position entry and exit signals to maximize returns.
CareTrust REIT Return and Market Media
The median price of CareTrust REIT for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 30.49 with a coefficient of variation of 2.71. The daily time series for the period is distributed with a sample standard deviation of 0.82, arithmetic mean of 30.4, and mean deviation of 0.6. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 9182 shares by William Wagner of CareTrust REIT at 20.51 subject to Rule 16b-3 | 08/30/2024 |
2 | Wall Street SWOT CareTrust REIT stock poised for growth amid healthcare trends - Investing.com Canada | 09/27/2024 |
3 | CareTrust REIT buys four skilled nursing facilities in Mid-Atlantic for 74.7M | 10/03/2024 |
4 | CareTrust Buys 4 Nursing Facilities in Mid-Atlantic for 74.7M | 10/04/2024 |
5 | Q2 2024 CareTrust REIT Inc Earnings Call Transcript | 10/09/2024 |
| CareTrust REIT dividend paid on 15th of October 2024 | 10/15/2024 |
6 | CareTrust REIT Inc Q3 2024 Earnings Report Preview What To Expect | 10/29/2024 |
7 | CareTrust REIT Inc Trading 3.21 percent Higher on Oct 30 | 10/30/2024 |
8 | CareTrust REIT, Inc. Q3 2024 Earnings Call Transcript | 11/01/2024 |
9 | Disposition of 13299 shares by David Sedgwick of CareTrust REIT at 19.81 subject to Rule 16b-3 | 11/14/2024 |
About CareTrust REIT 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 CareTrust or other stocks. Alpha measures the amount that position in CareTrust REIT 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 | 0.046 | 0.0591 | 0.0487 | 0.0601 | Price To Sales Ratio | 11.53 | 9.58 | 10.89 | 7.34 |
CareTrust REIT Upcoming Company Events
As portrayed in its financial statements, the presentation of CareTrust REIT's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CareTrust REIT's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CareTrust REIT's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CareTrust REIT. Please utilize our Beneish M Score to check the likelihood of CareTrust REIT's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with CareTrust REIT
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out CareTrust REIT Backtesting, CareTrust REIT Valuation, CareTrust REIT Correlation, CareTrust REIT Hype Analysis, CareTrust REIT Volatility, CareTrust REIT History and analyze CareTrust REIT Performance. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
CareTrust REIT 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.