Chemed Pretax Profit Margin from 2010 to 2024
| CHE Stock | USD 617.95 1.44 0.23% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.15472724 | Current Value 0.16 | Quarterly Volatility 0.0326739 |
Check Chemed Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chemed main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.9 M, Interest Expense of 3.2 M or Selling General Administrative of 218.4 M, as well as many exotic indicators such as Price To Sales Ratio of 4.08, Dividend Yield of 0.0025 or PTB Ratio of 8.34. Chemed financial statements analysis is a perfect complement when working with Chemed Corp Valuation or Volatility modules.
Chemed | Pretax Profit Margin |
Latest Chemed Corp's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Chemed Corp over the last few years. It is Chemed Corp's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chemed Corp's overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Chemed Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.13 | |
| Geometric Mean | 0.12 | |
| Coefficient Of Variation | 25.72 | |
| Mean Deviation | 0.03 | |
| Median | 0.12 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1203 | |
| R-Value | 0.75 | |
| Mean Square Error | 0.0005 | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.01 |
Chemed Pretax Profit Margin History
About Chemed Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Chemed Corp income statement, its balance sheet, and the statement of cash flows. Chemed Corp investors use historical funamental indicators, such as Chemed Corp's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Chemed Corp investors may use each financial statement separately, they are all related. The changes in Chemed Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chemed Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Chemed Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Chemed Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.15 | 0.16 |
Pair Trading with Chemed Corp
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 Chemed Corp 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 Chemed Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Chemed Stock
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The ability to find closely correlated positions to Chemed Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chemed Corp 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 Chemed Corp - 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 Chemed Corp to buy it.
The correlation of Chemed Corp 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 Chemed Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chemed Corp 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 Chemed Corp 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.Check out the analysis of Chemed Corp Correlation against competitors. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.