CareCloud Capital Stock vs Total Stockholder Equity Analysis

CCLDP Stock   16.91  0.57  3.49%   
CareCloud financial indicator trend analysis is way more than just evaluating CareCloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareCloud is a good investment. Please check the relationship between CareCloud Capital Stock and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.

Capital Stock vs Total Stockholder Equity

Capital Stock vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Capital Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between CareCloud's Capital Stock and Total Stockholder Equity is 0.7. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Capital Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of CareCloud are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Stock i.e., CareCloud's Capital Stock and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from CareCloud's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareCloud current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.As of 11/29/2024, Selling General Administrative is likely to drop to about 15.7 M. In addition to that, Tax Provision is likely to grow to about (345.8 K)
 2021 2022 2023 2024 (projected)
Interest Expense455K405K1.2M1.3M
Depreciation And Amortization15.8M15.0M16.6M17.4M

CareCloud fundamental ratios Correlations

0.760.960.940.990.960.8-0.01-0.550.950.660.990.60.660.960.720.760.370.90.960.930.930.320.960.780.97
0.760.80.880.660.770.720.49-0.550.770.270.790.290.270.760.610.870.460.690.730.930.60.710.820.670.75
0.960.80.970.920.970.840.13-0.660.970.530.950.60.530.970.740.80.360.850.960.960.870.330.980.80.9
0.940.880.970.880.940.80.19-0.630.960.540.940.530.540.930.670.810.430.850.920.990.850.540.960.790.89
0.990.660.920.880.930.76-0.12-0.490.920.710.970.610.710.940.690.690.330.890.950.860.940.240.930.750.97
0.960.770.970.940.930.830.04-0.620.970.620.950.610.620.950.770.780.30.880.960.940.90.30.960.740.89
0.80.720.840.80.760.830.4-0.790.820.250.830.540.250.820.80.920.170.80.820.840.670.210.870.610.79
-0.010.490.130.19-0.120.040.4-0.310.02-0.680.1-0.07-0.680.050.170.54-0.020.06-0.030.28-0.290.380.18-0.010.08
-0.55-0.55-0.66-0.63-0.49-0.62-0.79-0.31-0.69-0.24-0.52-0.32-0.24-0.66-0.67-0.77-0.46-0.41-0.69-0.64-0.57-0.17-0.6-0.7-0.45
0.950.770.970.960.920.970.820.02-0.690.640.930.590.640.970.780.770.380.840.980.940.920.330.950.820.87
0.660.270.530.540.710.620.25-0.68-0.240.640.560.351.00.590.350.20.420.510.660.470.860.150.490.60.55
0.990.790.950.940.970.950.830.1-0.520.930.560.60.560.950.710.790.330.910.940.940.870.340.980.750.98
0.60.290.60.530.610.610.54-0.07-0.320.590.350.60.350.590.560.37-0.170.630.590.50.55-0.040.590.390.56
0.660.270.530.540.710.620.25-0.68-0.240.641.00.560.350.590.350.20.420.510.660.470.860.150.490.60.55
0.960.760.970.930.940.950.820.05-0.660.970.590.950.590.590.820.790.370.80.980.930.910.240.950.820.91
0.720.610.740.670.690.770.80.17-0.670.780.350.710.560.350.820.750.120.630.790.730.680.010.720.530.67
0.760.870.80.810.690.780.920.54-0.770.770.20.790.370.20.790.750.350.670.760.870.610.40.820.660.76
0.370.460.360.430.330.30.17-0.02-0.460.380.420.33-0.170.420.370.120.350.110.440.420.430.460.30.760.35
0.90.690.850.850.890.880.80.06-0.410.840.510.910.630.510.80.630.670.110.830.840.780.340.910.530.89
0.960.730.960.920.950.960.82-0.03-0.690.980.660.940.590.660.980.790.760.440.830.920.940.240.950.860.89
0.930.930.960.990.860.940.840.28-0.640.940.470.940.50.470.930.730.870.420.840.920.810.520.960.780.89
0.930.60.870.850.940.90.67-0.29-0.570.920.860.870.550.860.910.680.610.430.780.940.810.240.840.790.85
0.320.710.330.540.240.30.210.38-0.170.330.150.34-0.040.150.240.010.40.460.340.240.520.240.340.340.34
0.960.820.980.960.930.960.870.18-0.60.950.490.980.590.490.950.720.820.30.910.950.960.840.340.760.93
0.780.670.80.790.750.740.61-0.01-0.70.820.60.750.390.60.820.530.660.760.530.860.780.790.340.760.71
0.970.750.90.890.970.890.790.08-0.450.870.550.980.560.550.910.670.760.350.890.890.890.850.340.930.71
Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.4M138.0M140.8M136.2M77.8M60.3M
Short Long Term Debt Total4.1M11.5M16.9M13.8M14.7M7.8M
Other Current Liab5.7M15.3M17.3M12.7M13.9M7.4M
Total Current Liabilities11.2M29.0M29.6M22.4M23.3M13.9M
Total Stockholder Equity42.8M101.2M97.9M101.7M41.7M40.8M
Property Plant And Equipment Net6.4M12.7M12.3M10.0M9.7M5.1M
Current Deferred Revenue20.3K1.2M1.1M1.4M1.4M1.4M
Net Debt(15.9M)(9.5M)7.5M1.5M11.4M12.0M
Retained Earnings(25.1M)(33.9M)(31.1M)(25.6M)(74.5M)(70.8M)
Accounts Payable3.5M6.5M5.9M5.7M5.8M2.9M
Cash20.0M20.9M9.3M12.3M3.3M3.2M
Non Current Assets Total25.4M93.2M105.3M101.5M54.6M40.5M
Non Currrent Assets Other356.6K1.2M981K838K641K505.4K
Cash And Short Term Investments20.0M20.9M9.3M12.3M3.3M3.2M
Net Receivables9.4M16.2M21.7M19.2M17.0M9.3M
Common Stock Shares Outstanding12.1M12.7M14.5M15.1M15.7M12.9M
Liabilities And Stockholders Equity56.4M138.0M140.8M136.2M77.8M60.3M
Non Current Liabilities Total2.4M7.7M13.4M12.1M12.8M13.4M
Inventory491.1K399K503K381K465K414.8K
Other Stockholder Equity68.7M136.1M130.7M130.3M120.0M64.7M
Total Liab13.6M36.8M42.9M34.5M36.1M19.5M
Total Current Assets31.0M44.8M35.6M34.7M23.2M19.8M
Accumulated Other Comprehensive Income(843.0K)(1.0M)(1.8M)(3.0M)(3.9M)(3.7M)
Short Term Debt2.0M5.1M4.3M2.6M2.2M3.0M
Intangible Assets6.0M30.0M30.8M29.5M25.1M12.9M
Common Stock12.6K13.0K14K16K17K11.7K
Good Will12.6M12.6M49.3M61.2M19.2M25.8M

Pair Trading with CareCloud

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CareCloud position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CareCloud will appreciate offsetting losses from the drop in the long position's value.

Moving together with CareCloud Stock

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Moving against CareCloud Stock

  0.75EKSO Ekso Bionics HoldingsPairCorr
  0.53VERO Venus ConceptPairCorr
  0.47DRIO DarioHealth CorpPairCorr
  0.34CI Cigna CorpPairCorr
  0.32VTAK Catheter PrecisionPairCorr
The ability to find closely correlated positions to CareCloud could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareCloud when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CareCloud - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CareCloud to buy it.
The correlation of CareCloud is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CareCloud moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareCloud moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CareCloud can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CareCloud Stock Analysis

When running CareCloud's price analysis, check to measure CareCloud's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareCloud is operating at the current time. Most of CareCloud's value examination focuses on studying past and present price action to predict the probability of CareCloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareCloud's price. Additionally, you may evaluate how the addition of CareCloud to your portfolios can decrease your overall portfolio volatility.