Community Health Systems Stock Market Value
| CYH Stock | USD 3.44 0.02 0.58% |
| Symbol | Community |
Community Health Systems Price To Book Ratio
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 Community Health. If investors know Community 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 Community Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (3.02) | Revenue Per Share 95.314 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0353 |
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health'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 Community Health's market value can be influenced by many factors that don't directly affect Community Health'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 Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health'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.
Community Health 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Community Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Community Health.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Community Health on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Community Health Systems or generate 0.0% return on investment in Community Health over 540 days. Community Health is related to or competes with Universal Health, HCA Holdings, Surgery Partners, Acadia Healthcare, Tenet Healthcare, US Physicalrapy, and DaVita HealthCare. Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States More
Community Health Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Community Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Community Health Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 28.67 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 5.03 |
Community Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community Health's standard deviation. In reality, there are many statistical measures that can use Community Health historical prices to predict the future Community Health's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Community Health'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.
Community Health Systems Backtested Returns
Community Health Systems secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Community Health Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Community Health's Standard Deviation of 4.15, mean deviation of 2.81, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.4, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Community Health will likely underperform. At this point, Community Health Systems has a negative expected return of -0.6%. Please make sure to confirm Community Health's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Community Health Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Community Health Systems has poor reverse predictability. Overlapping area represents the amount of predictability between Community Health time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Community Health Systems price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Community Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Community Health Systems lagged returns against current returns
Autocorrelation, which is Community Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Community Health's stock expected returns. We can calculate the autocorrelation of Community Health returns to help us make a trade decision. For example, suppose you find that Community Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Community Health regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Community Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community Health stock over time.
Current vs Lagged Prices |
| Timeline |
Community Health Lagged Returns
When evaluating Community Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community Health stock have on its future price. Community Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Community Health autocorrelation shows the relationship between Community Health stock current value and its past values and can show if there is a momentum factor associated with investing in Community Health Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:Check out Community Health Correlation, Community Health Volatility and Community Health Alpha and Beta module to complement your research on Community Health. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Community Health 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.