Concord Medical Services Stock Alpha and Beta Analysis
| CCM Stock | USD 5.09 0.16 3.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Concord Medical Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in Concord Medical over a specified time horizon. Remember, high Concord Medical'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 Concord Medical's market risk premium analysis include:
Beta (1.53) | Alpha (0) | Risk 6.07 | Sharpe Ratio (0.02) | Expected Return (0.14) |
Concord Medical Quarterly Cash And Equivalents |
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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.
Concord |
Concord Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Concord Medical market risk premium is the additional return an investor will receive from holding Concord Medical 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 Concord Medical. 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 Concord Medical's performance over market.| α | -0.005 | β | -1.53 |
Concord Medical 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 Concord Medical's Buy-and-hold return. Our buy-and-hold chart shows how Concord Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Concord Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Concord Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concord Medical shares will generate the highest return on investment. By understating and applying Concord Medical stock market price indicators, traders can identify Concord Medical position entry and exit signals to maximize returns.
Concord Medical Return and Market Media
The median price of Concord Medical for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 6.49 with a coefficient of variation of 18.22. The daily time series for the period is distributed with a sample standard deviation of 1.15, arithmetic mean of 6.29, and mean deviation of 1.01. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Bidens gone silent on Ukraine support, ranking member of Armed Services Committee warns | 10/18/2024 |
2 | HeartFlow Announces New Decision from Centers for Medicare Medicaid Services Boosting CCTA Reimbursement and Access | 11/01/2024 |
3 | Consilio Announces Expansion of Services in Australia | 11/11/2024 |
4 | Q3 2024 Renaissance Services SAOG Earnings Call Transcript | 11/18/2024 |
5 | We Think Shareholders Should Be Aware Of Some Factors Beyond Asian Energy Services Profit | 11/20/2024 |
6 | Sims Lifecycle Services Listed as a Representative Vendor in the | 11/22/2024 |
7 | Many Would Be Envious Of Oracle Financial Services Softwares Excellent Returns On Capital | 11/27/2024 |
8 | United Integrated Services Co., Ltd. Soars 27 percent But Its A Story Of Risk Vs Reward | 11/29/2024 |
About Concord Medical 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 Concord or other stocks. Alpha measures the amount that position in Concord Medical Services 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.19 | 0.12 | Price To Sales Ratio | 0.66 | 0.63 |
Concord Medical Upcoming Company Events
As portrayed in its financial statements, the presentation of Concord Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Concord Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Concord Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Concord Medical. Please utilize our Beneish M Score to check the likelihood of Concord Medical's management manipulating its earnings.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Concord Medical Backtesting, Concord Medical Valuation, Concord Medical Correlation, Concord Medical Hype Analysis, Concord Medical Volatility, Concord Medical History and analyze Concord Medical Performance. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.