Community Healthcare Trust Stock Market Value
| CHCT Stock | USD 18.79 0.41 2.23% |
| Symbol | Community |
Community Healthcare Price To Book Ratio
Is Diversified REITs space 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 (0.66) | Dividend Share 1.845 | Earnings Share (0.12) | Revenue Per Share 4.387 | Quarterly Revenue Growth 0.031 |
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.
Community Healthcare 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Community Healthcare's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Community Healthcare.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Community Healthcare on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Community Healthcare Trust or generate 0.0% return on investment in Community Healthcare over 180 days. Community Healthcare is related to or competes with Global Medical, National Health, Healthpeak Properties, Sabra Healthcare, Healthcare Realty, Universal Health, and Global Medical. Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real e... More
Community Healthcare Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Community Healthcare's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Community Healthcare Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 4.99 |
Community Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Community Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Community Healthcare's standard deviation. In reality, there are many statistical measures that can use Community Healthcare historical prices to predict the future Community Healthcare's volatility.| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0998 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Community Healthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Community Healthcare Backtested Returns
Currently, Community Healthcare Trust is very steady. Community Healthcare secures Sharpe Ratio (or Efficiency) of 0.0301, which signifies that the company had a 0.0301% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Community Healthcare Trust, which you can use to evaluate the volatility of the firm. Please confirm Community Healthcare's Downside Deviation of 2.15, mean deviation of 1.72, and Risk Adjusted Performance of 0.0249 to double-check if the risk estimate we provide is consistent with the expected return of 0.0722%. Community Healthcare has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Community Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Community Healthcare is expected to be smaller as well. Community Healthcare right now shows a risk of 2.4%. Please confirm Community Healthcare downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Community Healthcare will be following its price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Community Healthcare Trust has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Community Healthcare time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Community Healthcare price movement. The serial correlation of -0.76 indicates that around 76.0% of current Community Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
Community Healthcare lagged returns against current returns
Autocorrelation, which is Community Healthcare stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Community Healthcare's stock expected returns. We can calculate the autocorrelation of Community Healthcare returns to help us make a trade decision. For example, suppose you find that Community Healthcare has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Community Healthcare regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Community Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Community Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Community Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Community Healthcare Lagged Returns
When evaluating Community Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Community Healthcare stock have on its future price. Community Healthcare autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Community Healthcare autocorrelation shows the relationship between Community Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Community Healthcare Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional 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.