Community Healthcare Stock Forecast - Day Typical Price
| CHCT Stock | USD 24.37 0.55 2.21% |
Community Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Community Healthcare stock prices and determine the direction of Community Healthcare Trust's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Community Healthcare's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Community Healthcare's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Community Healthcare's systematic risk associated with finding meaningful patterns of Community Healthcare fundamentals over time.
Check out Historical Fundamental Analysis of Community Healthcare to cross-verify your projections. Community |
Most investors in Community Healthcare cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Community Healthcare's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Community Healthcare's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 24.65 | 24.65 |
| Check Community Healthcare Volatility | Backtest Community Healthcare | Information Ratio |
Community Healthcare Trading Date Momentum
| On May 05 2024 Community Healthcare Trust was traded for 24.37 at the closing time. The top price for the day was 25.38 and the lowest listed price was 24.21 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not affect price variability. The overall trading delta against the current closing price is 3.98% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Community Healthcare to competition |
Other Forecasting Options for Community Healthcare
For every potential investor in Community, whether a beginner or expert, Community Healthcare's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Community Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Community. Basic forecasting techniques help filter out the noise by identifying Community Healthcare's price trends.Community Healthcare Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Community Healthcare stock to make a market-neutral strategy. Peer analysis of Community Healthcare could also be used in its relative valuation, which is a method of valuing Community Healthcare by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Community Healthcare Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Community Healthcare's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Community Healthcare's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Community Healthcare Market Strength Events
Market strength indicators help investors to evaluate how Community Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Community Healthcare shares will generate the highest return on investment. By undertsting and applying Community Healthcare stock market strength indicators, traders can identify Community Healthcare Trust entry and exit signals to maximize returns.
Community Healthcare Risk Indicators
The analysis of Community Healthcare's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Community Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting community stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.33 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.3 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Community Healthcare
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 Healthcare 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 Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against Community Stock
| 0.43 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Community Healthcare 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 Healthcare 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 Healthcare - 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 Healthcare Trust to buy it.
The correlation of Community Healthcare 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 Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Healthcare 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 Healthcare 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 Historical Fundamental Analysis of Community Healthcare to cross-verify your projections. Note that the Community Healthcare information on this page should be used as a complementary analysis to other Community Healthcare'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Community Stock analysis
When running Community Healthcare's price analysis, check to measure Community Healthcare'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 Healthcare is operating at the current time. Most of Community Healthcare's value examination focuses on studying past and present price action to predict the probability of Community Healthcare'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 Healthcare's price. Additionally, you may evaluate how the addition of Community Healthcare to your portfolios can decrease your overall portfolio volatility.
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| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is Community Healthcare'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 Healthcare. 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 Healthcare 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 (0.22) | Dividend Share 1.825 | Earnings Share 0.63 | Revenue Per Share 4.471 | Quarterly Revenue Growth 0.079 |
The market value of Community Healthcare 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 Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Community Healthcare'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 Healthcare's market value can be influenced by many factors that don't directly affect Community Healthcare'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 Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Healthcare'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.