Cara Competitors
| CARA Stock | USD 0.29 0.01 3.33% |
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Cara Therapeutic Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Cara Therapeutic and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Cara and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Cara Therapeutic does not affect the price movement of the other competitor.
| 0.54 | 0.73 | -0.12 | -0.02 | ZYNE | ||
| 0.54 | 0.85 | -0.58 | 0.18 | XXII | ||
| 0.73 | 0.85 | -0.5 | 0.11 | CRBP | ||
| -0.12 | -0.58 | -0.5 | -0.12 | CBDS | ||
| -0.02 | 0.18 | 0.11 | -0.12 | CANN | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cara Stock performing well and Cara Therapeutic Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Cara Therapeutic's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ZYNE | 3.36 | (0.21) | 0.00 | (0.08) | 0.00 | 6.45 | 16.67 | |||
| XXII | 6.95 | (1.78) | 0.00 | (1.76) | 0.00 | 20.00 | 44.68 | |||
| CRBP | 4.08 | (1.38) | 0.00 | (0.76) | 0.00 | 6.77 | 70.46 | |||
| CBDS | 14.83 | 3.62 | 0.26 | 1.53 | 13.40 | 46.00 | 85.39 | |||
| CANN | 5.55 | (0.36) | 0.00 | 0.29 | 0.00 | 11.47 | 44.14 |
Cross Equities Net Income Analysis
Compare Cara Therapeutic and related stocks such as Zynerba Pharmaceuticals, 22nd Century Group, and Corbus Pharmaceuticals Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XXII | (59.8 K) | (1.4 M) | (6.7 M) | (26.2 M) | (15.6 M) | (11 M) | (11.6 M) | (13 M) | (8 M) | (24.2 M) | (19.7 M) | (32.6 M) | (59.8 M) | (140.8 M) | (133.7 M) |
| CRBP | (602.4 K) | (602.4 K) | (602.4 K) | (602.4 K) | (2.5 M) | (8.9 M) | (20 M) | (32.4 M) | (55.7 M) | (69.2 M) | (111.3 M) | (45.6 M) | (55.8 M) | (44.6 M) | (46.8 M) |
Cara Therapeutic and related stocks such as Zynerba Pharmaceuticals, 22nd Century Group, and Corbus Pharmaceuticals Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Cara Therapeutic financial statement analysis. It represents the amount of money remaining after all of Cara Therapeutic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cara Therapeutic Competitive Analysis
The better you understand Cara Therapeutic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Cara Therapeutic's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Cara Therapeutic's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Cara Therapeutic Competition Performance Charts
Five steps to successful analysis of Cara Therapeutic Competition
Cara Therapeutic's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Cara Therapeutic in relation to its competition. Cara Therapeutic's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Cara Therapeutic in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Cara Therapeutic's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Cara Therapeutic, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Cara Therapeutic Correlation with its peers. For information on how to trade Cara Stock refer to our How to Trade Cara Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Pharmaceuticals 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 Cara Therapeutic. If investors know Cara 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 Cara Therapeutic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.75) | Revenue Per Share 0.202 | Quarterly Revenue Growth (0.86) | Return On Assets (0.63) | Return On Equity (1.84) |
The market value of Cara Therapeutic is measured differently than its book value, which is the value of Cara that is recorded on the company's balance sheet. Investors also form their own opinion of Cara Therapeutic's value that differs from its market value or its book value, called intrinsic value, which is Cara Therapeutic'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 Cara Therapeutic's market value can be influenced by many factors that don't directly affect Cara Therapeutic'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 Cara Therapeutic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cara Therapeutic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cara Therapeutic'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.