Chemed Corp Stock Performance
| CHE Stock | USD 618.15 1.64 0.27% |
Chemed Corp has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chemed Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chemed Corp is expected to be smaller as well. Chemed Corp right now shows a risk of 1.22%. Please confirm Chemed Corp treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Chemed Corp will be following its price patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Chemed Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical indicators, Chemed Corp is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.61 | Five Day Return 3.19 | Year To Date Return 6.11 | Ten Year Return 607.59 | All Time Return 6.8 K |
Forward Dividend Yield 0.0026 | Payout Ratio 0.0737 | Last Split Factor 2:1 | Forward Dividend Rate 1.6 | Dividend Date 2024-03-15 |
1 | Acquisition by Michael Witzeman of 942 shares of Chemed Corp subject to Rule 16b-3 | 02/20/2024 |
2 | Chemed Co. To Go Ex-Dividend on February 23rd | 02/21/2024 |
3 | Chemed Corporation Q4 2023 Earnings Call Transcript | 02/29/2024 |
4 | Advisors Asset Management Inc. Increases Position in Chemed Co. | 03/07/2024 |
| Chemed Corp dividend paid on 15th of March 2024 | 03/15/2024 |
5 | Disposition of 11158 shares by Brian Judkins of Chemed Corp at 645.0 subject to Rule 16b-3 | 03/20/2024 |
6 | Chemed Corporations Stock Is Going Strong Have Financials A Role To Play | 03/21/2024 |
7 | Chemed Corp VP sells over 7m in company stock | 03/22/2024 |
8 | Acquisition by Kevin McNamara of 1081 shares of Chemed Corp at 586.49 subject to Rule 16b-3 | 03/25/2024 |
9 | Disposition of 2000 shares by Spencer Lee of Chemed Corp at 641.65 subject to Rule 16b-3 | 03/28/2024 |
10 | Chemed To Report First-Quarter 2024 Earnings April 24, Related Conference Call To Be Held On April 25 | 04/01/2024 |
11 | Chemed Corporation Rose 13 percent in Q4 | 04/03/2024 |
12 | Chemed Insiders Sell US20m Of Stock, Possibly Signalling Caution | 04/08/2024 |
13 | DAVENPORT Co LLC Takes Position in Chemed Co. - Defense World | 04/11/2024 |
14 | VITAS Completes the Previously Announced Purchase of Assets of Covenant in Florida and Alabama | 04/17/2024 |
15 | Chemed 2024 Earnings Preview | 04/23/2024 |
| Begin Period Cash Flow | 74.1 M | |
| Free Cash Flow | 273.4 M |
Chemed |
Chemed Corp Relative Risk vs. Return Landscape
If you would invest 59,350 in Chemed Corp on January 25, 2024 and sell it today you would earn a total of 2,301 from holding Chemed Corp or generate 3.88% return on investment over 90 days. Chemed Corp is generating 0.0676% of daily returns assuming volatility of 1.2191% on return distribution over 90 days investment horizon. In other words, 10% of stocks are less volatile than Chemed, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Chemed Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chemed Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chemed Corp, and traders can use it to determine the average amount a Chemed Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0555
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Chemed Corp is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chemed Corp by adding it to a well-diversified portfolio.
Chemed Corp Fundamentals Growth
Chemed Stock prices reflect investors' perceptions of the future prospects and financial health of Chemed Corp, and Chemed Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Chemed Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 9.01 B | ||||
| Shares Outstanding | 15.14 M | ||||
| Price To Earning | 25.42 X | ||||
| Price To Book | 8.45 X | ||||
| Price To Sales | 4.13 X | ||||
| Revenue | 2.26 B | ||||
| Gross Profit | 765.09 M | ||||
| EBITDA | 403.69 M | ||||
| Net Income | 272.51 M | ||||
| Cash And Equivalents | 74.13 M | ||||
| Cash Per Share | 0.65 X | ||||
| Total Debt | 155.11 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 0.71 X | ||||
| Book Value Per Share | 73.69 X | ||||
| Cash Flow From Operations | 330.3 M | ||||
| Earnings Per Share | 17.94 X | ||||
| Market Capitalization | 9.33 B | ||||
| Total Asset | 1.76 B | ||||
| Retained Earnings | 2.45 B | ||||
| Working Capital | 188.79 M | ||||
| Current Asset | 150.81 M | ||||
| Current Liabilities | 171.34 M | ||||
About Chemed Corp Performance
To evaluate Chemed Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Chemed Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Chemed Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Chemed Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Chemed's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.87 | 2.73 | |
| Return On Tangible Assets | 0.25 | 0.14 | |
| Return On Capital Employed | 0.24 | 0.14 | |
| Return On Assets | 0.15 | 0.16 | |
| Return On Equity | 0.25 | 0.14 |
Things to note about Chemed Corp performance evaluation
Checking the ongoing alerts about Chemed Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chemed Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 155.11 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Chemed Corp has a current ratio of 0.7, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Chemed Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Chemed Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chemed Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chemed to invest in growth at high rates of return. When we think about Chemed Corp's use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of Chemed Corp shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Chemed Corp paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Chemed 2024 Earnings Preview |
- Analyzing Chemed Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Chemed Corp's stock is overvalued or undervalued compared to its peers.
- Examining Chemed Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Chemed Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chemed Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chemed Corp's stock. These opinions can provide insight into Chemed Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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 17.94 | 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.