Community Healthcare Trust Stock Technical Analysis

CHCT Stock  USD 24.37  0.55  2.21%   
As of the 7th of May, Community Healthcare shows the Mean Deviation of 1.33, standard deviation of 1.82, and Risk Adjusted Performance of (0). Community Healthcare technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for Community Healthcare Trust, which can be compared to its peers. Please confirm Community Healthcare standard deviation and value at risk to decide if Community Healthcare is priced correctly, providing market reflects its regular price of 24.37 per share. Given that Community Healthcare has information ratio of (0.06), we suggest you to validate Community Healthcare Trust's prevailing market performance to make sure the company can sustain itself at a future point.

Community Healthcare Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Community, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Community
  
Community Healthcare's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Community Healthcare Analyst Consensus

Target PriceAdvice# of Analysts
40.17Buy6Odds
Community Healthcare Trust current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Community analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Community stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Community Healthcare, talking to its executives and customers, or listening to Community conference calls.
Community Analyst Advice Details
Community Healthcare 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 Community Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Community Healthcare 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...

Community Healthcare Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Community Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Community Healthcare Trend Analysis

Use this graph to draw trend lines for Community Healthcare Trust. You can use it to identify possible trend reversals for Community Healthcare as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Community Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Community Healthcare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Community Healthcare Trust applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Community Healthcare Trust market price will keep on failing further. It has 122 observation points and a regression sum of squares at 38.14, which is the sum of squared deviations for the predicted Community Healthcare price change compared to its average price change.

About Community Healthcare Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Community Healthcare Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Community Healthcare Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Community Healthcare price pattern first instead of the macroeconomic environment surrounding Community Healthcare. By analyzing Community Healthcare's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Community Healthcare's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Community Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03860.05260.07160.0575
Price To Sales Ratio12.148.665.9511.64

Community Healthcare May 7, 2024 Technical Indicators

Most technical analysis of Community help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Community from various momentum indicators to cycle indicators. When you analyze Community charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Community Healthcare is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Community Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Community Healthcare Trust Stock. Highlighted below are key reports to facilitate an investment decision about Community Healthcare Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Stocks Directory
Find actively traded stocks across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
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.