Chemed Corp Stock Alpha and Beta Analysis
| CHE Stock | USD 547.55 0.29 0.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chemed Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chemed Corp over a specified time horizon. Remember, high Chemed Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Chemed Corp's market risk premium analysis include:
Beta 0.96 | Alpha (0.17) | Risk 1.85 | Sharpe Ratio (0.02) | Expected Return (0.04) |
Chemed Corp Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Chemed |
Chemed Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chemed Corp market risk premium is the additional return an investor will receive from holding Chemed Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Chemed Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Chemed Corp's performance over market.| α | -0.17 | β | 0.96 |
Chemed Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Chemed Corp's Buy-and-hold return. Our buy-and-hold chart shows how Chemed Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Chemed Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Chemed Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chemed Corp shares will generate the highest return on investment. By understating and applying Chemed Corp stock market price indicators, traders can identify Chemed Corp position entry and exit signals to maximize returns.
Chemed Corp Return and Market Media
The median price of Chemed Corp for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 574.24 with a coefficient of variation of 3.75. The daily time series for the period is distributed with a sample standard deviation of 21.55, arithmetic mean of 575.32, and mean deviation of 17.81. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 400 shares by George Walsh of Chemed Corp at 597.47 subject to Rule 16b-3 | 09/26/2024 |
2 | Acquisition by Kevin McNamara of 40332 shares of Chemed Corp at 597.7 subject to Rule 16b-3 | 10/22/2024 |
3 | Chemed Updates FY24 Earnings Guidance | 11/01/2024 |
4 | Insiders At Chemed Sold US14m In Stock, Alluding To Potential Weakness | 11/18/2024 |
5 | Chemed Corp executive vice president sells 565,710 in stock | 11/22/2024 |
6 | Chemed CEO Kevin McNamara sells 1.14 million in stock | 11/26/2024 |
7 | Disposition of 732 shares by Spencer Lee of Chemed Corp at 575.623 subject to Rule 16b-3 | 11/27/2024 |
8 | Chemed Corps executive VP Lee sells 421,356 in stock | 11/29/2024 |
9 | Chemed shareholders have earned a 6.2 percent CAGR over the last five years | 12/02/2024 |
10 | Is There An Opportunity With Chemed Corporations 25 percent Undervaluation | 12/03/2024 |
About Chemed Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Chemed or other stocks. Alpha measures the amount that position in Chemed Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002656 | 0.002889 | 0.002671 | 0.002537 | Price To Sales Ratio | 3.88 | 3.57 | 3.89 | 4.08 |
Chemed Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Chemed Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chemed Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Chemed Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Chemed Corp. Please utilize our Beneish M Score to check the likelihood of Chemed Corp's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Chemed Corp
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Align your risk with return expectations
Check out Chemed Corp Backtesting, Chemed Corp Valuation, Chemed Corp Correlation, Chemed Corp Hype Analysis, Chemed Corp Volatility, Chemed Corp History and analyze Chemed Corp Performance. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Chemed Corp 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.