Chemed Corp secures Sharpe Ratio (or Efficiency) of -0.0081, which signifies that the company had -0.0081% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and
technical indicators. Chemed Corp exposes twenty-one different
technical indicators, which can help you to evaluate volatility that cannot be
diversified away. Please be advised to confirm Chemed Corp
mean deviation of 0.7781, and Risk Adjusted Performance of
(0.007272) to double-check the risk estimate we provide.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main 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. Potential Chemed Corp investors and stakeholders use financial statements 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. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Chemed Corp
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Chemed Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Chemed Corp shares is the value that is considered the true value of the share. If
the intrinsic value of Chemed is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Chemed Corp. Please read more on our
fundamental analysis page.
How effective is Chemed Corp in utilizing its assets?
Chemed Corp reports assets on its Balance Sheet. It represents the amount of Chemed resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Chemed Corp aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Health Care Providers & Services space. To get a better handle on how balance sheet or income statements item affect Chemed volatility, please check the breakdown of all its
fundamentals.
Are Chemed Corp Earnings Expected to grow?
The
future earnings power of Chemed Corp involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Chemed Corp factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Chemed Corp
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Chemed
expected earnings.
And What about dividends?
A dividend is the distribution of a portion of Chemed Corp earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Chemed Corp dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Chemed one year expected dividend income is about USD1.15 per share.
The current year's
Dividends Paid is expected to grow to about (22.3
M). In addition to that,
Dividend Yield is expected to decline to 0.
Investing in dividend-paying stocks, such as Chemed Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Chemed Corp must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Chemed Corp. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
Chemed Corp Gross Profit
Chemed Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Chemed Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Chemed Corp Gross Profit growth over the last 10 years. Please check Chemed Corp's
gross profit and other
fundamental indicators for more details.
What is the case for Chemed Corp Investors
Institutional investors typically avoid acquiring a high percentage of Chemed Corp stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Chemed is distributed among investors.
Ownership Allocation
The
market capitalization of Chemed Corp is $7.61 Billion. The majority of Chemed Corp
outstanding shares are owned by
other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Chemed Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Chemed Corp. Please pay attention to any change in the institutional holdings of Chemed Corp as this could imply that something significant has changed or about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
| Retail Investors | 1.35 |
| Insiders | 2.86 |
| Institutions | 95.79 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Chemed Corp has an asset utilization ratio of 159.32 percent. This indicates that the company is making $1.59 for each dollar of assets. An increasing asset utilization means that Chemed Corp is more efficient with each dollar of assets it utilizes for everyday operations.
| Assets Non Current1.2 B | Goodwill752.7 M | |
| Current Assets | 255.4 Million | 11.74 |
| Assets Non Current | 1.15 Billion | 53.0 |
| Goodwill | 752.67 Million | 34.6 |
| Tax Assets | 14.44 Million | 0.66 |
Chemed may start a relapse in March
The kurtosis is down to 0.38 as of today. Chemed Corp exhibits very low volatility with skewness of -0.14 and kurtosis of 0.38. However, we advise investors to further study Chemed Corp technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chemed Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Chemed Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Conclusion on Chemed Corp
Although some firms within the medical care facilities industry are still a little expensive, even after the recent corrections, Chemed Corp may offer a potential longer-term growth to shareholders. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither buy new shares of Chemed nor exit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Chemed Corp.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Chemed Corp. Please refer to our
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