Community Enterprise Value over EBITDA from 2010 to 2024
| CYH Stock | USD 2.84 0.02 0.70% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 9.05725268 | Current Value 9.75 | Quarterly Volatility 2.63141464 |
Check Community Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Community main balance sheet or income statement drivers, such as Depreciation And Amortization of 581.3 M, Interest Expense of 623.8 M or Selling General Administrative of 303.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0311, Dividend Yield of 0.0078 or Days Sales Outstanding of 71.02. Community financial statements analysis is a perfect complement when working with Community Health Valuation or Volatility modules.
Community | Enterprise Value over EBITDA |
About Community Health Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Community Health income statement, its balance sheet, and the statement of cash flows. Community Health investors use historical funamental indicators, such as Community Health's Enterprise Value over EBITDA, to determine how well the company is positioned to perform in the future. Although Community Health investors may use each financial statement separately, they are all related. The changes in Community Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Community Health'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 Community Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Community Health. Please read more on our technical analysis and fundamental analysis pages.
Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. The company was founded in 1985 and is headquartered in Franklin, Tennessee. Community Health operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 51000 people.
Pair Trading with Community Health
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 Community Health 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 Community Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Community Stock
| 0.64 | GH | Guardant Health Upward Rally | PairCorr |
Moving against Community Stock
| 0.77 | WGS | GeneDx Holdings Corp Earnings Call This Week | PairCorr |
| 0.72 | RCM | R1 RCM Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.57 | HQY | HealthEquity Financial Report 3rd of June 2024 | PairCorr |
| 0.47 | EVH | Evolent Health Financial Report 1st of May 2024 | PairCorr |
| 0.47 | GCTK | GlucoTrack | PairCorr |
The ability to find closely correlated positions to Community Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Health 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 Community Health - 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 Community Health Systems to buy it.
The correlation of Community Health 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 Community Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Health Systems 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 Community Health 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 Community Health Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Community Stock analysis
When running Community Health's price analysis, check to measure Community Health'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 Community Health is operating at the current time. Most of Community Health's value examination focuses on studying past and present price action to predict the probability of Community Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Health's price. Additionally, you may evaluate how the addition of Community Health to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Community Health'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 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 (1.02) | Revenue Per Share 95.749 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0373 |
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.