Caremax Stock Performance
| CMAX Stock | USD 0.46 0.04 9.52% |
The firm shows a Beta (market volatility) of 1.45, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CareMax will likely underperform. At this point, CareMax has a negative expected return of -1.76%. Please make sure to confirm CareMax's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if CareMax performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days CareMax has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Last Split Factor 1:30 | Last Split Date 2024-02-01 |
1 | Acquisition by De La Torre Ralph of 33750 shares of CareMax subject to Rule 16b-3 | 09/06/2024 |
2 | Insider Trading | 09/24/2024 |
3 | CareMax Faces Nasdaq Delisting Risk, Appoints New Director - TipRanks | 09/26/2024 |
4 | Disposition of 12123 shares by Flynn James E of CareMax subject to Rule 16b-3 | 10/04/2024 |
5 | CareMax extends waiver on credit agreement defaults - Investing.com | 10/28/2024 |
6 | Medical Center Operator CareMax Files For Chapter 11 Bankruptcy Details | 11/18/2024 |
7 | Acquisition by Carter Jennifer L. of 18585 shares of CareMax subject to Rule 16b-3 | 11/22/2024 |
8 | Gold Down Over 3 Rigetti Computing Shares Spike Higher | 11/25/2024 |
| Begin Period Cash Flow | 41.6 M | |
| Free Cash Flow | -61.5 M |
CareMax |
CareMax Relative Risk vs. Return Landscape
If you would invest 216.00 in CareMax on September 1, 2024 and sell it today you would lose (170.00) from holding CareMax or give up 78.7% of portfolio value over 90 days. CareMax is currently does not generate positive expected returns and assumes 10.8226% risk (volatility on return distribution) over the 90 days horizon. In different words, 96% of stocks are less volatile than CareMax, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
CareMax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CareMax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CareMax, and traders can use it to determine the average amount a CareMax'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 = -0.1628
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| Negative Returns | CMAX |
Estimated Market Risk
| 10.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.76 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CareMax 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 CareMax by adding CareMax to a well-diversified portfolio.
CareMax Fundamentals Growth
CareMax Stock prices reflect investors' perceptions of the future prospects and financial health of CareMax, and CareMax 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 CareMax Stock performance.
| Return On Equity | -3.28 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.00) % | ||||
| Operating Margin | (0.1) % | ||||
| Current Valuation | 498.39 M | ||||
| Shares Outstanding | 3.81 M | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 751.1 M | ||||
| Gross Profit | 80.3 M | ||||
| EBITDA | (590.46 M) | ||||
| Net Income | (683.35 M) | ||||
| Cash And Equivalents | 68.13 M | ||||
| Cash Per Share | 0.78 X | ||||
| Total Debt | 491.93 M | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 6.06 X | ||||
| Book Value Per Share | (38.73) X | ||||
| Cash Flow From Operations | (46.91 M) | ||||
| Earnings Per Share | (208.91) X | ||||
| Market Capitalization | 6.91 M | ||||
| Total Asset | 623.3 M | ||||
| Retained Earnings | (720.94 M) | ||||
| Working Capital | (255.46 M) | ||||
About CareMax Performance
Evaluating CareMax's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if CareMax has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if CareMax has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.43 | 0.23 | |
| Return On Tangible Assets | (1.87) | (1.78) | |
| Return On Capital Employed | (3.56) | (3.38) | |
| Return On Assets | (1.10) | (1.04) | |
| Return On Equity | (11.12) | (10.57) |
Things to note about CareMax performance evaluation
Checking the ongoing alerts about CareMax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CareMax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CareMax generated a negative expected return over the last 90 days | |
| CareMax has high historical volatility and very poor performance | |
| CareMax has some characteristics of a very speculative penny stock | |
| CareMax has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 751.1 M. Net Loss for the year was (683.35 M) with profit before overhead, payroll, taxes, and interest of 80.3 M. | |
| CareMax currently holds about 68.13 M in cash with (46.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| CareMax has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company shares are held by company insiders | |
| Latest headline from benzinga.com: Gold Down Over 3 Rigetti Computing Shares Spike Higher |
- Analyzing CareMax'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 CareMax's stock is overvalued or undervalued compared to its peers.
- Examining CareMax'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 CareMax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareMax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CareMax's stock. These opinions can provide insight into CareMax's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for CareMax Stock Analysis
When running CareMax's price analysis, check to measure CareMax'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 CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.