Chemed Corp Stock Price on April 1, 2024

CHE Stock  USD 566.51  6.09  1.09%   
Below is the normalized historical share price chart for Chemed Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Chemed Corp stands at 566.51, as last reported on the 30th of April, with the highest price reaching 568.92 and the lowest price hitting 561.98 during the day.
IPO Date
3rd of May 1973
200 Day MA
568.2404
50 Day MA
621.8824
Beta
0.423
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Chemed Stock, it is important to understand the factors that can impact its price. Chemed Corp secures Sharpe Ratio (or Efficiency) of -0.0385, which signifies that the company had a -0.0385% return per unit of standard deviation over the last 3 months. Chemed Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chemed Corp's risk adjusted performance of (0.02), and Mean Deviation of 0.9635 to double-check the risk estimate we provide.
  
At present, Chemed Corp's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.8 B, whereas Common Stock Total Equity is forecasted to decline to about 30.2 M. . At present, Chemed Corp's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 8.34, whereas Price To Free Cash Flows Ratio is forecasted to decline to 26.70. Chemed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0385

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Estimated Market Risk

 1.54
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chemed Corp is not performing at its full potential. However, 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 Chemed Corp to a well-diversified portfolio.
Price Book
8.4509
Enterprise Value Ebitda
22.3337
Price Sales
4.1346
Shares Float
14.8 M
Dividend Share
1.58

Related Headline

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Chemed Corp Valuation on April 1, 2024

It is possible to determine the worth of Chemed Corp on a given historical date. On April 1, 2024 Chemed was worth 642.68 at the beginning of the trading date compared to the closed value of 640.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chemed Corp stock. Still, in general, we apply an absolute valuation method to find Chemed Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Chemed Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chemed Corp's related companies.
 Open High Low Close Volume
  643.00    646.71    640.84    641.93    53,467  
04/01/2024
  642.68    642.68    637.24    640.63    49,868  
  638.51    638.51    632.20    636.82    59,310  
Backtest Chemed Corp  |  Chemed Corp History  |  Chemed Corp Valuation   PreviousNext  
Open Value
642.68
638.07
Downside
640.63
Closing Value
647.29
Upside

Chemed Corp Trading Date Momentum on April 1, 2024

On April 02 2024 Chemed Corp was traded for  636.82  at the closing time. Highest Chemed Corp's price during the trading hours was 638.51  and the lowest price during the day was  632.20 . The net volume was 59.3 K. The overall trading history on the 2nd of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.59% . The overall trading delta to current price is 3.03% .

Chemed Corp Fundamentals Correlations and Trends

By evaluating Chemed Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chemed Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chemed financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chemed Corp Stock history

Chemed Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chemed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chemed Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chemed Corp stock prices may prove useful in developing a viable investing in Chemed Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.2 M15.9 M
Net Income Applicable To Common Shares287.1 M301.4 M

Chemed Corp Stock Technical Analysis

Chemed Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chemed Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chemed Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chemed Corp Period Price Range

Low
April 1, 2024
-2.05  -0.32%
High

 642.68 

     

 640.63 

Chemed Corp April 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Chemed Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chemed Corp shares will generate the highest return on investment. By undertsting and applying Chemed Corp stock market strength indicators, traders can identify Chemed Corp entry and exit signals to maximize returns

Chemed Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chemed Corp's price direction in advance. Along with the technical and fundamental analysis of Chemed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chemed to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Chemed Corp is a strong investment it is important to analyze Chemed Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports:
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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
0.184
Dividend Share
1.58
Earnings Share
18.58
Revenue Per Share
152
Quarterly Revenue Growth
0.052
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.