CareCloud Performance
| MTBCDelisted Stock | USD 3.25 0.12 3.83% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CareCloud are completely uncorrelated. CareCloud right now shows a risk of 0.0%. Please confirm CareCloud daily balance of power and price action indicator , to decide if CareCloud will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days CareCloud has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, CareCloud is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 20.9 M | |
| Total Cashflows From Investing Activities | -23.1 M |
CareCloud |
CareCloud Relative Risk vs. Return Landscape
If you would invest 325.00 in CareCloud on January 19, 2024 and sell it today you would earn a total of 0.00 from holding CareCloud or generate 0.0% return on investment over 90 days. CareCloud is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than CareCloud, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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CareCloud Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CareCloud's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CareCloud, and traders can use it to determine the average amount a CareCloud's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average CareCloud 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 CareCloud by adding CareCloud to a well-diversified portfolio.
CareCloud Fundamentals Growth
CareCloud Stock prices reflect investors' perceptions of the future prospects and financial health of CareCloud, and CareCloud fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CareCloud Stock performance.
| Return On Equity | 0.0846 | |||
| Return On Asset | 0.0257 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 53.76 M | |||
| Shares Outstanding | 15.22 M | |||
| Price To Earning | (2.75) X | |||
| Price To Book | 0.50 X | |||
| Price To Sales | 0.36 X | |||
| Revenue | 139.6 M | |||
| EBITDA | 19.7 M | |||
| Cash And Equivalents | 9.22 M | |||
| Cash Per Share | 0.61 X | |||
| Total Debt | 8.02 M | |||
| Debt To Equity | 0.13 % | |||
| Book Value Per Share | 6.76 X | |||
| Cash Flow From Operations | 13.33 M | |||
| Earnings Per Share | (0.61) X | |||
| Total Asset | 140.85 M | |||
| Retained Earnings | (25.74 M) | |||
| Current Asset | 10.89 M | |||
| Current Liabilities | 5.76 M | |||
About CareCloud Performance
To evaluate CareCloud Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CareCloud generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CareCloud Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CareCloud market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CareCloud's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.CareCloud, Inc., a healthcare information technology company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey. Carecloud operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 4100 people.Things to note about CareCloud performance evaluation
Checking the ongoing alerts about CareCloud for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CareCloud help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CareCloud is not yet fully synchronised with the market data | |
| CareCloud has a very high chance of going through financial distress in the upcoming years | |
| About 35.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing CareCloud's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CareCloud's stock is overvalued or undervalued compared to its peers.
- Examining CareCloud's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CareCloud's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareCloud's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CareCloud's stock. These opinions can provide insight into CareCloud's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the CareCloud information on this page should be used as a complementary analysis to other CareCloud'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in CareCloud Stock
If you are still planning to invest in CareCloud check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CareCloud's history and understand the potential risks before investing.
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