Concord Medical Services Stock Technical Analysis
| CCM Stock | USD 5.48 1.14 26.27% |
As of the 30th of January, Concord Medical shows the Standard Deviation of 7.49, risk adjusted performance of (0.06), and Mean Deviation of 4.79. Concord Medical Services 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. Please confirm Concord Medical Services variance and value at risk to decide if Concord Medical Services is priced correctly, providing market reflects its regular price of 5.48 per share. Given that Concord Medical has information ratio of (0.09), we suggest you to validate Concord Medical Services's prevailing market performance to make sure the company can sustain itself at a future point.
Concord Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Concord, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConcordConcord |
Concord Medical 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.
Concord Medical Services Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Concord Medical Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Concord Medical Services Trend Analysis
Use this graph to draw trend lines for Concord Medical Services. You can use it to identify possible trend reversals for Concord Medical 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 Concord Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Concord Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Concord Medical Services applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Concord Medical Services will continue to fail. It has 122 observation points and a regression sum of squares at 21.98, which is the sum of squared deviations for the predicted Concord Medical price change compared to its average price change.About Concord Medical 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 Concord Medical Services 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 Concord Medical Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Concord Medical Services price pattern first instead of the macroeconomic environment surrounding Concord Medical Services. By analyzing Concord Medical'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 Concord Medical'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 Concord Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Dividend Yield | 0.006166 | 0.00419 | Price To Sales Ratio | 22.89 | 21.75 |
Concord Medical January 30, 2025 Technical Indicators
Most technical analysis of Concord 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 Concord from various momentum indicators to cycle indicators. When you analyze Concord 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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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (2.04) | |||
| Mean Deviation | 4.79 | |||
| Coefficient Of Variation | (1,203) | |||
| Standard Deviation | 7.49 | |||
| Variance | 56.16 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | (2.05) | |||
| Maximum Drawdown | 50.12 | |||
| Value At Risk | (9.82) | |||
| Potential Upside | 10.65 | |||
| Skewness | (1.07) | |||
| Kurtosis | 4.75 |
Concord Medical January 30, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Concord stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 11,398 | ||
| Daily Balance Of Power | 0.78 | ||
| Rate Of Daily Change | 1.26 | ||
| Day Median Price | 5.07 | ||
| Day Typical Price | 5.21 | ||
| Price Action Indicator | 0.98 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concord Medical Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Health Care Providers & Services 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 Concord Medical. If investors know Concord 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 Concord Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.96) | Revenue Per Share | Quarterly Revenue Growth (0.23) | Return On Assets | Return On Equity |
The market value of Concord Medical Services is measured differently than its book value, which is the value of Concord that is recorded on the company's balance sheet. Investors also form their own opinion of Concord Medical's value that differs from its market value or its book value, called intrinsic value, which is Concord Medical'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 Concord Medical's market value can be influenced by many factors that don't directly affect Concord Medical'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 Concord Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concord Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concord Medical'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.