Concord Medical Services Stock Probability of Future Stock Price Finishing Under 0.05
| CCM Stock | USD 5.09 0.16 3.25% |
Concord |
Concord Medical Target Price Odds to finish below 0.05
The tendency of Concord Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.05 or more in 90 days |
| 5.09 | 90 days | 0.05 | near 1 |
Based on a normal probability distribution, the odds of Concord Medical to drop to $ 0.05 or more in 90 days from now is near 1 (This Concord Medical Services probability density function shows the probability of Concord Stock to fall within a particular range of prices over 90 days) . Probability of Concord Medical Services price to stay between $ 0.05 and its current price of $5.09 at the end of the 90-day period is about 14.02 .
Considering the 90-day investment horizon Concord Medical Services has a beta of -1.44 suggesting as returns on its benchmark rise, returns on holding Concord Medical Services are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Concord Medical is expected to outperform its benchmark. Additionally Concord Medical Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Concord Medical Price Density |
| Price |
Predictive Modules for Concord Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Concord Medical Services. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Concord Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Concord Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Concord Medical is not an exception. The market had few large corrections towards the Concord Medical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Concord Medical Services, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Concord Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -1.44 | |
σ | Overall volatility | 1.14 | |
Ir | Information ratio | -0.08 |
Concord Medical Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Concord Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Concord Medical Services can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Concord Medical generated a negative expected return over the last 90 days | |
| Concord Medical has high historical volatility and very poor performance | |
| Concord Medical has high likelihood to experience some financial distress in the next 2 years | |
| Concord Medical Services has 3.3 B in debt with debt to equity (D/E) ratio of 1.25, which is OK given its current industry classification. Concord Medical Services has a current ratio of 0.7, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Concord to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 537.4 M. Reported Net Loss for the year was (531.02 M) with loss before taxes, overhead, and interest of (152.41 M). | |
| Concord Medical Services has about 157.39 M in cash with (276.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. | |
| Concord Medical has a poor financial position based on the latest SEC disclosures | |
| Roughly 18.0% of Concord Medical shares are held by company insiders | |
| Latest headline from patch.com: Decades-Old Rape Of Quadriplegic Woman Leads Police To LA Man |
Concord Medical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Concord Stock often depends not only on the future outlook of the current and potential Concord Medical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Concord Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.4 M | |
| Cash And Short Term Investments | 58.1 M |
Concord Medical Technical Analysis
Concord Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Concord Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Concord Medical Services. In general, you should focus on analyzing Concord Stock price patterns and their correlations with different microeconomic environments and drivers.
Concord Medical Predictive Forecast Models
Concord Medical's time-series forecasting models is one of many Concord Medical's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Concord Medical's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Concord Medical Services
Checking the ongoing alerts about Concord Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Concord Medical Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Concord Medical generated a negative expected return over the last 90 days | |
| Concord Medical has high historical volatility and very poor performance | |
| Concord Medical has high likelihood to experience some financial distress in the next 2 years | |
| Concord Medical Services has 3.3 B in debt with debt to equity (D/E) ratio of 1.25, which is OK given its current industry classification. Concord Medical Services has a current ratio of 0.7, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Concord to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 537.4 M. Reported Net Loss for the year was (531.02 M) with loss before taxes, overhead, and interest of (152.41 M). | |
| Concord Medical Services has about 157.39 M in cash with (276.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72. | |
| Concord Medical has a poor financial position based on the latest SEC disclosures | |
| Roughly 18.0% of Concord Medical shares are held by company insiders | |
| Latest headline from patch.com: Decades-Old Rape Of Quadriplegic Woman Leads Police To LA Man |
Check out Concord Medical Backtesting, Concord Medical Valuation, Concord Medical Correlation, Concord Medical Hype Analysis, Concord Medical Volatility, Concord Medical History as well as Concord Medical Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 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.