Carecloud Stock Alpha and Beta Analysis
| CCLD Stock | 3.95 0.79 25.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CareCloud. It also helps investors analyze the systematic and unsystematic risks associated with investing in CareCloud over a specified time horizon. Remember, high CareCloud'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 CareCloud's market risk premium analysis include:
Beta 0.37 | Alpha 0.68 | Risk 6.05 | Sharpe Ratio 0.14 | Expected Return 0.83 |
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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.
CareCloud |
CareCloud Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CareCloud market risk premium is the additional return an investor will receive from holding CareCloud 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 CareCloud. 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 CareCloud's performance over market.| α | 0.68 | β | 0.37 |
CareCloud 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 CareCloud's Buy-and-hold return. Our buy-and-hold chart shows how CareCloud performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CareCloud Market Price Analysis
Market price analysis indicators help investors to evaluate how CareCloud stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareCloud shares will generate the highest return on investment. By understating and applying CareCloud stock market price indicators, traders can identify CareCloud position entry and exit signals to maximize returns.
CareCloud Return and Market Media
The median price of CareCloud for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 2.56 with a coefficient of variation of 10.33. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 2.62, and mean deviation of 0.19. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 12000 shares by Chaudhry A Hadi of CareCloud subject to Rule 16b-3 | 09/12/2024 |
2 | Do Options Traders Know Something About CareCloud Stock We Dont | 10/01/2024 |
3 | Are Medical Stocks Lagging Applied Therapeutics This Year | 10/10/2024 |
4 | Health Catalyst Q3 Earnings Miss Estimates | 11/06/2024 |
5 | CareCloud Inc Q3 2024 Earnings Report Preview What To Expect | 11/11/2024 |
6 | CareCloud Inc Q3 2024 Earnings Call Highlights Strong Financial Management and AI ... | 11/13/2024 |
7 | CareCloud Third Quarter 2024 Earnings EPS Beats Expectations | 11/15/2024 |
8 | CareCloud, Inc. Q3 Earnings and Revenues Miss Estimates - MSN | 11/20/2024 |
9 | Disposition of 2450 shares by Nathalie Garcia of CareCloud subject to Rule 16b-3 | 11/29/2024 |
10 | Short Interest in CareCloud, Inc. Increases By 31.4 | 12/02/2024 |
About CareCloud 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 CareCloud or other stocks. Alpha measures the amount that position in CareCloud 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.
| 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 Upcoming Company Events
As portrayed in its financial statements, the presentation of CareCloud's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CareCloud's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CareCloud's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CareCloud. Please utilize our Beneish M Score to check the likelihood of CareCloud's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out CareCloud Backtesting, CareCloud Valuation, CareCloud Correlation, CareCloud Hype Analysis, CareCloud Volatility, CareCloud History and analyze CareCloud Performance. For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.