Caretrust Reit Stock Price on November 12, 2024

CTRE Stock  USD 27.36  0.15  0.55%   
If you're considering investing in CareTrust Stock, it is important to understand the factors that can impact its price. As of today, the current price of CareTrust REIT stands at 27.36, as last reported on the 20th of December, with the highest price reaching 27.69 and the lowest price hitting 26.17 during the day. CareTrust REIT secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. CareTrust REIT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CareTrust REIT's Mean Deviation of 0.99, standard deviation of 1.43, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
CareTrust Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1167

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCTRE

Estimated Market Risk

 1.43
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average CareTrust REIT 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 CareTrust REIT by adding CareTrust REIT to a well-diversified portfolio.

CareTrust REIT Valuation on November 12, 2024

It is possible to determine the worth of CareTrust REIT on a given historical date. On November 12, 2024 CareTrust was worth 30.95 at the beginning of the trading date compared to the closed value of 30.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CareTrust REIT stock. Still, in general, we apply an absolute valuation method to find CareTrust REIT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CareTrust REIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CareTrust REIT's related companies.
 Open High Low Close Volume
  30.81    31.06    30.58    30.77    1,405,956  
11/12/2024
  30.95    31.35    30.73    30.77    1,622,621  
  30.82    30.94    30.36    30.37    1,300,435  
Backtest CareTrust REIT  |  CareTrust REIT History  |  CareTrust REIT Valuation   PreviousNext  
Open Value
30.95
30.77
Closing Value
35.24
Upside

CareTrust REIT Trading Date Momentum on November 12, 2024

On November 13 2024 CareTrust REIT was traded for  30.37  at the closing time. The top price for the day was 30.94  and the lowest listed price was  30.36 . The trading volume for the day was 1.3 M. The trading history from November 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.30% . The overall trading delta against the current closing price is 0.36% .

CareTrust REIT Fundamentals Correlations and Trends

By evaluating CareTrust REIT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CareTrust REIT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CareTrust financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CareTrust REIT Stock history

CareTrust REIT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CareTrust is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CareTrust REIT will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CareTrust REIT stock prices may prove useful in developing a viable investing in CareTrust REIT
CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. Caretrust REIT operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 16 people.

CareTrust REIT Stock Technical Analysis

CareTrust REIT 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 CareTrust REIT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CareTrust REIT 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...

Price Boundaries

CareTrust REIT Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CareTrust REIT cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

CareTrust REIT December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how CareTrust REIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareTrust REIT shares will generate the highest return on investment. By undertsting and applying CareTrust REIT stock market strength indicators, traders can identify CareTrust REIT entry and exit signals to maximize returns

CareTrust REIT Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CareTrust REIT's price direction in advance. Along with the technical and fundamental analysis of CareTrust Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CareTrust to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for CareTrust Stock analysis

When running CareTrust REIT's price analysis, check to measure CareTrust REIT'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 CareTrust REIT is operating at the current time. Most of CareTrust REIT's value examination focuses on studying past and present price action to predict the probability of CareTrust REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareTrust REIT's price. Additionally, you may evaluate how the addition of CareTrust REIT to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals