Concord Medical Services Stock Price History
CCM Stock | USD 5.09 0.16 3.25% |
Below is the normalized historical share price chart for Concord Medical Services extending back to December 11, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Concord Medical stands at 5.09, as last reported on the 1st of December, with the highest price reaching 5.46 and the lowest price hitting 4.87 during the day.
If you're considering investing in Concord Stock, it is important to understand the factors that can impact its price. Concord Medical Services secures Sharpe Ratio (or Efficiency) of -0.0236, which signifies that the company had a -0.0236% return per unit of risk over the last 3 months. Concord Medical Services exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Concord Medical's Mean Deviation of 3.99, standard deviation of 5.99, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Stock Based Compensation is expected to grow at the current pace this year, though Total Stockholder Equity is likely to grow to (2 B). . As of the 1st of December 2024, Price To Sales Ratio is likely to drop to 0.63. In addition to that, Price Earnings Ratio is likely to grow to -1.14. Concord Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of December 2009 | 200 Day MA 6.6264 | 50 Day MA 6.4794 | Beta (0.27) |
Concord |
Sharpe Ratio = -0.0236
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Estimated Market Risk
6.07 actual daily | 54 54% of assets are less volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Concord Medical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Concord Medical by adding Concord Medical to a well-diversified portfolio.
Price Book 3.0038 | Enterprise Value Ebitda (0.96) | Price Sales 0.0469 | Shares Float 42.3 M | Wall Street Target Price 1.2 |
Concord Medical Stock Price History Chart
There are several ways to analyze Concord Stock price data. The simplest method is using a basic Concord candlestick price chart, which shows Concord Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 16, 2024 | 8.56 |
Lowest Price | November 20, 2024 | 4.2 |
Concord Medical December 1, 2024 Stock Price Synopsis
Various analyses of Concord Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Concord Stock. It can be used to describe the percentage change in the price of Concord Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Concord Stock.Concord Medical Price Daily Balance Of Power | 0.27 | |
Concord Medical Price Rate Of Daily Change | 1.03 |
Concord Medical December 1, 2024 Stock Price Analysis
Concord Stock Price History Data
The price series of Concord Medical for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 4.36 with a coefficient of variation of 18.22. The prices are distributed with arithmetic mean of 6.29. The median price for the last 90 days is 6.49. The company had 1:10 stock split on 30th of July 2024. Concord Medical Services issued dividends on 2015-12-23.Open | High | Low | Close | Volume | ||
12/01/2024 | 5.22 | 5.46 | 4.87 | 5.09 | ||
11/29/2024 | 5.22 | 5.46 | 4.87 | 5.09 | 3,990 | |
11/27/2024 | 4.94 | 4.94 | 4.93 | 4.93 | 498.00 | |
11/26/2024 | 4.60 | 6.00 | 4.60 | 4.95 | 24,238 | |
11/25/2024 | 4.94 | 5.29 | 4.47 | 5.00 | 8,237 | |
11/22/2024 | 4.49 | 4.66 | 4.30 | 4.44 | 1,676 | |
11/21/2024 | 4.25 | 5.21 | 4.25 | 4.45 | 6,122 | |
11/20/2024 | 4.93 | 5.08 | 4.20 | 4.20 | 11,523 | |
11/19/2024 | 4.79 | 4.79 | 4.50 | 4.50 | 1,222 | |
11/18/2024 | 4.90 | 5.04 | 4.81 | 4.88 | 1,802 | |
11/15/2024 | 5.11 | 5.37 | 4.86 | 5.00 | 8,948 | |
11/14/2024 | 5.42 | 5.42 | 5.08 | 5.08 | 674.00 | |
11/13/2024 | 5.50 | 5.50 | 5.11 | 5.45 | 1,716 | |
11/12/2024 | 5.13 | 5.13 | 4.47 | 5.07 | 10,248 | |
11/11/2024 | 5.50 | 5.50 | 5.13 | 5.13 | 940.00 | |
11/08/2024 | 5.70 | 5.70 | 5.48 | 5.48 | 846.00 | |
11/07/2024 | 6.21 | 6.43 | 5.06 | 5.53 | 16,464 | |
11/06/2024 | 7.89 | 7.89 | 5.51 | 5.89 | 27,149 | |
11/05/2024 | 7.79 | 8.08 | 7.31 | 7.90 | 9,684 | |
11/04/2024 | 7.89 | 9.07 | 7.47 | 7.80 | 24,251 | |
11/01/2024 | 7.88 | 7.89 | 7.88 | 7.89 | 530.00 | |
10/31/2024 | 7.24 | 7.81 | 7.24 | 7.73 | 866.00 | |
10/30/2024 | 7.95 | 7.95 | 7.55 | 7.55 | 473.00 | |
10/29/2024 | 7.30 | 7.43 | 7.30 | 7.43 | 902.00 | |
10/28/2024 | 7.25 | 8.07 | 7.21 | 7.45 | 7,670 | |
10/25/2024 | 7.31 | 7.66 | 7.31 | 7.66 | 4,664 | |
10/24/2024 | 8.16 | 8.16 | 7.52 | 7.73 | 1,123 | |
10/23/2024 | 7.84 | 8.00 | 7.64 | 8.00 | 1,946 | |
10/22/2024 | 7.87 | 8.00 | 7.67 | 8.00 | 1,390 | |
10/21/2024 | 7.75 | 8.00 | 7.75 | 7.90 | 2,345 | |
10/18/2024 | 7.71 | 8.25 | 7.66 | 8.00 | 8,443 | |
10/17/2024 | 8.23 | 8.40 | 7.79 | 7.90 | 6,867 | |
10/16/2024 | 7.01 | 9.20 | 7.01 | 8.56 | 29,562 | |
10/15/2024 | 7.11 | 7.64 | 7.00 | 7.40 | 15,084 | |
10/14/2024 | 7.35 | 7.35 | 7.04 | 7.09 | 1,263 | |
10/11/2024 | 7.18 | 7.18 | 7.18 | 7.18 | 400.00 | |
10/10/2024 | 7.18 | 7.18 | 7.18 | 7.18 | 746.00 | |
10/09/2024 | 6.80 | 7.24 | 6.80 | 7.18 | 2,985 | |
10/08/2024 | 6.89 | 7.10 | 6.66 | 7.10 | 9,099 | |
10/07/2024 | 6.71 | 7.15 | 6.58 | 6.97 | 10,940 | |
10/04/2024 | 6.95 | 6.98 | 6.84 | 6.96 | 2,748 | |
10/03/2024 | 6.80 | 7.24 | 6.55 | 6.76 | 3,063 | |
10/02/2024 | 6.50 | 7.31 | 6.50 | 6.91 | 6,432 | |
10/01/2024 | 7.00 | 7.30 | 6.49 | 6.49 | 2,735 | |
09/30/2024 | 6.60 | 7.50 | 6.60 | 7.01 | 8,300 | |
09/27/2024 | 6.15 | 6.81 | 6.15 | 6.50 | 10,612 | |
09/26/2024 | 7.10 | 7.10 | 6.12 | 6.50 | 3,152 | |
09/25/2024 | 5.83 | 6.99 | 5.83 | 6.50 | 11,760 | |
09/24/2024 | 5.50 | 6.23 | 5.16 | 6.05 | 20,782 | |
09/23/2024 | 5.53 | 5.63 | 5.32 | 5.48 | 10,283 | |
09/20/2024 | 5.66 | 5.92 | 5.46 | 5.70 | 22,464 | |
09/19/2024 | 5.31 | 5.75 | 5.16 | 5.53 | 19,938 | |
09/18/2024 | 5.62 | 6.00 | 5.46 | 5.46 | 7,577 | |
09/17/2024 | 5.99 | 5.99 | 5.77 | 5.77 | 574.00 | |
09/16/2024 | 5.00 | 6.17 | 5.00 | 5.67 | 13,500 | |
09/13/2024 | 5.16 | 5.39 | 5.06 | 5.07 | 4,509 | |
09/12/2024 | 5.19 | 5.21 | 4.88 | 4.96 | 8,116 | |
09/11/2024 | 5.15 | 5.40 | 4.83 | 5.40 | 6,284 | |
09/10/2024 | 5.73 | 5.73 | 5.24 | 5.24 | 1,708 | |
09/09/2024 | 5.67 | 5.67 | 5.13 | 5.25 | 3,836 | |
09/06/2024 | 5.51 | 6.04 | 5.51 | 5.85 | 11,323 |
About Concord Medical Stock history
Concord Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Concord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Concord Medical Services will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Concord Medical stock prices may prove useful in developing a viable investing in Concord Medical
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 3.9 M | 3.7 M | |
Net Loss | -440.7 M | -418.7 M |
Concord Medical Stock Technical Analysis
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.
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Concord Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Concord Medical's price direction in advance. Along with the technical and fundamental analysis of Concord Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Concord to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (1.20) | |||
Treynor Ratio | 0.1308 |
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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 Global Correlations module to find global opportunities by holding instruments from different markets.
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 (11.97) | Revenue Per Share 107.978 | Quarterly Revenue Growth (0.23) | Return On Assets (0.04) | Return On Equity (0.32) |
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.