Chemed Competitors
| CHE Stock | USD 615.89 2.62 0.42% |
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Chemed |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chemed Corp'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.
Chemed Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Chemed Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Chemed and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Chemed Corp does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Chemed Stock performing well and Chemed Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Chemed Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EHC | 0.99 | 0.21 | 0.21 | 0.29 | 0.70 | 2.76 | 7.95 | |||
| PNTG | 1.79 | 0.34 | 0.21 | 0.27 | 1.56 | 3.45 | 13.54 | |||
| ACHC | 1.21 | (0.26) | 0.00 | (0.20) | 0.00 | 2.01 | 6.80 | |||
| SEM | 1.32 | 0.00 | 0.01 | 0.05 | 1.41 | 2.43 | 12.75 | |||
| ADUS | 1.42 | 0.09 | 0.05 | 0.15 | 1.56 | 3.66 | 10.10 | |||
| EHAB | 2.50 | (0.10) | 0.00 | 0.02 | 2.97 | 5.48 | 27.98 | |||
| ENSG | 0.99 | 0.01 | 0.00 | 0.06 | 1.12 | 2.38 | 7.13 | |||
| INNV | 3.16 | (0.62) | 0.00 | (0.18) | 0.00 | 6.98 | 21.11 | |||
| NHC | 1.25 | (0.18) | 0.00 | (0.09) | 0.00 | 2.18 | 7.84 | |||
| UHS | 0.99 | 0.03 | 0.03 | 0.07 | 1.23 | 2.43 | 7.40 |
Cross Equities Net Income Analysis
Compare Chemed Corp and related stocks such as Encompass Health Corp, Pennant Group, and Acadia Healthcare Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EHC | (1.5 M) | 208.7 M | 185 M | 323.6 M | 222 M | 183.1 M | 247.6 M | 256.3 M | 292.3 M | 358.7 M | 284.2 M | 412.2 M | 271 M | 352 M | 369.6 M |
| PNTG | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 9.9 M | 15.7 M | 2.5 M | 15.7 M | 2.1 M | 6.6 M | 13.4 M | 7.4 M |
| ACHC | 6.2 M | (34.9 M) | 20.4 M | 42.6 M | 83 M | 119.5 M | 6.1 M | 199.8 M | (175.8 M) | 108.9 M | 143.2 M | 190.6 M | 273.1 M | (21.7 M) | (20.6 M) |
| SEM | (27.9 M) | 107.8 M | 148.2 M | 114.4 M | 120.6 M | 130.7 M | 115.4 M | 177.2 M | 137.8 M | 201 M | 259 M | 402.2 M | 159 M | 243.5 M | 150.2 M |
| ADUS | 197 K | (2 M) | 7.6 M | 19.1 M | 12.2 M | 11.6 M | 12 M | 13.6 M | 17.5 M | 25.2 M | 33.1 M | 45.1 M | 46 M | 62.5 M | 65.6 M |
| EHAB | 24 M | 24 M | 24 M | 24 M | 24 M | 24 M | 24 M | 24 M | 24 M | 24 M | 75 M | 111.1 M | 62.5 M | (80.5 M) | (76.5 M) |
| ENSG | 3.6 M | 47.7 M | 40.6 M | 24 M | 36 M | 55.4 M | 50 M | 40.5 M | 92.4 M | 110.5 M | 170.5 M | 194.7 M | 224.7 M | 209.4 M | 219.9 M |
| INNV | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.8 M) | (4.2 M) | (13.7 M) | (6.5 M) | 19.6 M | 26.3 M | (44 M) | (44.7 M) | (8 M) | (40.7 M) | (38.6 M) |
| NHC | 17.7 M | 64.1 M | 58 M | 64.6 M | 53.4 M | 53.1 M | 50.5 M | 56.2 M | 59 M | 68.2 M | 41.9 M | 138.6 M | 22.4 M | 66.8 M | 43 M |
| UHS | 21.7 M | 398.2 M | 443.4 M | 510.7 M | 545.3 M | 680.5 M | 702.4 M | 752.3 M | 779.7 M | 814.9 M | 944 M | 991.6 M | 675.6 M | 717.8 M | 753.7 M |
| SGRY | 1.9 M | 1.9 M | 1.9 M | (9.1 M) | (65.9 M) | 1.4 M | 9.5 M | (53 M) | (205.7 M) | 46.1 M | 1.3 M | 70.7 M | 87 M | (11.9 M) | (12.5 M) |
| HCSG | 1.5 M | 38.2 M | 44.2 M | 47.1 M | 21.9 M | 58 M | 77.4 M | 88.2 M | 83.5 M | 64.6 M | 98.7 M | 48.5 M | 34.2 M | 38.4 M | 28.7 M |
Chemed Corp and related stocks such as Encompass Health Corp, Pennant Group, and Acadia Healthcare Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Chemed Corp financial statement analysis. It represents the amount of money remaining after all of Chemed Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Chemed Corp Competitive Analysis
The better you understand Chemed Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Chemed Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Chemed Corp's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Chemed Corp Competition Performance Charts
Five steps to successful analysis of Chemed Corp Competition
Chemed Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Chemed Corp in relation to its competition. Chemed Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Chemed Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Chemed Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Chemed Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Chemed Corp Correlation with its peers. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.Note that the Chemed Corp information on this page should be used as a complementary analysis to other Chemed Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Chemed Stock analysis
When running Chemed Corp's price analysis, check to measure Chemed Corp'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 Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chemed Corp's industry 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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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 0.432 | Dividend Share 1.56 | Earnings Share 17.92 | Revenue Per Share 150.46 | Quarterly Revenue Growth 0.072 |
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.