Carecloud Stock Technical Analysis
| CCLDO Stock | 16.98 0.10 0.59% |
As of the 25th of November, CareCloud shows the Risk Adjusted Performance of 0.102, downside deviation of 2.53, and Mean Deviation of 2.45. CareCloud technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
CareCloud Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CareCloud, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CareCloudCareCloud |
CareCloud 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.
CareCloud Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CareCloud volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CareCloud Trend Analysis
Use this graph to draw trend lines for CareCloud. You can use it to identify possible trend reversals for CareCloud as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CareCloud price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CareCloud Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CareCloud applied against its price change over selected period. The best fit line has a slop of 0.05 , which means CareCloud will continue generating value for investors. It has 122 observation points and a regression sum of squares at 112.99, which is the sum of squared deviations for the predicted CareCloud price change compared to its average price change.About CareCloud Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CareCloud on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CareCloud based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CareCloud price pattern first instead of the macroeconomic environment surrounding CareCloud. By analyzing CareCloud's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CareCloud's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CareCloud specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 |
CareCloud November 25, 2024 Technical Indicators
Most technical analysis of CareCloud help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CareCloud from various momentum indicators to cycle indicators. When you analyze CareCloud charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.102 | |||
| Market Risk Adjusted Performance | (0.94) | |||
| Mean Deviation | 2.45 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.53 | |||
| Coefficient Of Variation | 819.77 | |||
| Standard Deviation | 4.92 | |||
| Variance | 24.2 | |||
| Information Ratio | 0.0954 | |||
| Jensen Alpha | 0.6655 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1857 | |||
| Treynor Ratio | (0.95) | |||
| Maximum Drawdown | 35.94 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 6.15 | |||
| Downside Variance | 6.39 | |||
| Semi Variance | 3.91 | |||
| Expected Short fall | (3.55) | |||
| Skewness | 4.75 | |||
| Kurtosis | 31.4 |
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.