Caretrust Reit Stock Probability of Future Stock Price Finishing Under 24.20
| CTRE Stock | USD 27.06 0.37 1.35% |
CareTrust |
CareTrust REIT Target Price Odds to finish below 24.20
The tendency of CareTrust Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 24.20 or more in 90 days |
| 27.06 | 90 days | 24.20 | near 1 |
Based on a normal probability distribution, the odds of CareTrust REIT to drop to $ 24.20 or more in 90 days from now is near 1 (This CareTrust REIT probability density function shows the probability of CareTrust Stock to fall within a particular range of prices over 90 days) . Probability of CareTrust REIT price to stay between $ 24.20 and its current price of $27.06 at the end of the 90-day period is about 1.13 .
Given the investment horizon of 90 days CareTrust REIT has a beta of -0.12 suggesting as returns on the benchmark increase, returns on holding CareTrust REIT are expected to decrease at a much lower rate. During a bear market, however, CareTrust REIT is likely to outperform the market. Additionally CareTrust REIT has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CareTrust REIT Price Density |
| Price |
Predictive Modules for CareTrust REIT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CareTrust REIT. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CareTrust REIT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CareTrust REIT is not an exception. The market had few large corrections towards the CareTrust REIT's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CareTrust REIT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CareTrust REIT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 1.29 | |
Ir | Information ratio | -0.15 |
CareTrust REIT Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CareTrust REIT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CareTrust REIT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CareTrust REIT generated a negative expected return over the last 90 days | |
| CareTrust REIT has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: 2 Healthcare REIT Stocks to Buy Before Moving Into 2025 |
CareTrust REIT Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CareTrust Stock often depends not only on the future outlook of the current and potential CareTrust REIT's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CareTrust REIT's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 106.2 M | |
| Cash And Short Term Investments | 294.4 M |
CareTrust REIT Technical Analysis
CareTrust REIT's future price can be derived by breaking down and analyzing its technical indicators over time. CareTrust Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CareTrust REIT. In general, you should focus on analyzing CareTrust Stock price patterns and their correlations with different microeconomic environments and drivers.
CareTrust REIT Predictive Forecast Models
CareTrust REIT's time-series forecasting models is one of many CareTrust REIT's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CareTrust REIT's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CareTrust REIT
Checking the ongoing alerts about CareTrust REIT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CareTrust REIT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CareTrust REIT generated a negative expected return over the last 90 days | |
| CareTrust REIT has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: 2 Healthcare REIT Stocks to Buy Before Moving Into 2025 |
Check out CareTrust REIT Backtesting, CareTrust REIT Valuation, CareTrust REIT Correlation, CareTrust REIT Hype Analysis, CareTrust REIT Volatility, CareTrust REIT History as well as CareTrust REIT Performance. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 CareTrust REIT. If investors know CareTrust 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 CareTrust REIT 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 1.614 | Dividend Share 1.15 | Earnings Share 0.73 | Revenue Per Share 1.926 | Quarterly Revenue Growth 0.385 |
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT'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 CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT'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 CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT'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.