Cardio Competitors
| CDIO Stock | USD 1.32 0.05 3.65% |
Cardio Diagnostics vs Impact BioMedical Correlation
Weak diversification
The correlation between Cardio Diagnostics Holdings and IBO is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cardio Diagnostics Holdings and IBO in the same portfolio, assuming nothing else is changed.
Moving together with Cardio Stock
Moving against Cardio Stock
| 0.56 | DSGN | Design Therapeutics | PairCorr |
| 0.55 | ENGN | enGene Holdings Common | PairCorr |
| 0.51 | IMMP | Immutep Ltd ADR | PairCorr |
| 0.43 | 63E | ONWARD MEDICAL BV | PairCorr |
Cardio Diagnostics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Cardio Diagnostics 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 Cardio 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 Cardio Diagnostics does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cardio Stock performing well and Cardio Diagnostics 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 Cardio Diagnostics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADXN | 3.39 | (0.03) | 0.00 | 0.15 | 0.00 | 7.79 | 25.13 | |||
| BCLI | 3.76 | (0.09) | 0.00 | 0.30 | 0.00 | 9.09 | 24.01 | |||
| NRSN | 4.53 | 0.05 | 0.01 | 0.16 | 4.76 | 12.82 | 34.62 | |||
| MTNB | 5.30 | (0.71) | 0.00 | 2.37 | 0.00 | 11.67 | 37.19 | |||
| CELZ | 3.99 | (0.75) | 0.00 | (0.27) | 0.00 | 8.61 | 25.03 | |||
| ADIL | 3.06 | (1.54) | 0.00 | (1.97) | 0.00 | 5.70 | 34.48 | |||
| RADX | 5.86 | 1.43 | 0.12 | (0.49) | 7.52 | 7.44 | 193.18 | |||
| TCRT | 4.70 | 0.11 | 0.03 | 0.15 | 5.63 | 10.07 | 24.31 | |||
| BCDA | 2.61 | (0.12) | 0.00 | (0.11) | 0.00 | 5.93 | 17.38 | |||
| IBO | 4.10 | 0.04 | 0.00 | 0.23 | 4.38 | 8.00 | 61.57 |
Cross Equities Net Income Analysis
Compare Cardio Diagnostics and related stocks such as Addex Therapeutics, Brainstorm Cell Ther, and Neurosense Therapeutics Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADXN | (20.5 M) | (31.1 M) | (26.6 M) | (14.5 M) | (1.8 M) | (4.2 M) | (3.1 M) | (3.3 M) | (1.6 M) | (14.8 M) | (12.9 M) | (15.4 M) | (20.8 M) | (10.6 M) | 7.1 M | 8.1 M | 8.5 M |
| BCLI | (25.6 K) | (3.9 M) | (3.4 M) | (4.9 M) | (9.2 M) | (8.5 M) | (5 M) | (5 M) | (13.9 M) | (23.3 M) | (31.8 M) | (24.5 M) | (23.7 M) | (17.2 M) | 11.6 M | 10.5 M | 11 M |
| NRSN | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (2.8 M) | (4 M) | (12.3 M) | (10.1 M) | (10.2 M) | (9.2 M) | (9.6 M) |
| MTNB | (116.1 K) | (116.1 K) | (116.1 K) | (3.7 M) | (10.2 M) | (9.1 M) | (7.6 M) | (15.5 M) | (14.1 M) | (17.4 M) | (22.4 M) | (23.3 M) | (21 M) | (22.9 M) | (24.3 M) | (21.8 M) | (22.9 M) |
| CELZ | 1.4 K | (24.1 K) | (25.6 K) | (27.3 K) | (28 K) | (30.8 K) | (766.1 K) | (2.7 M) | (13.7 M) | (8.5 M) | (36.3 M) | 19.2 M | (10.1 M) | (5.3 M) | (5.5 M) | (4.9 M) | (5.2 M) |
| ADIL | (818 K) | (818 K) | (818 K) | (818 K) | (818 K) | (818 K) | (420.2 K) | (1.1 M) | (11.6 M) | (8.6 M) | (10.9 M) | (19.4 M) | (12.7 M) | (7 M) | (13.2 M) | (11.9 M) | (12.5 M) |
| TCRT | (72.5 K) | (63.8 M) | (96.1 M) | (57.1 M) | (31.8 M) | (120.1 M) | (165.3 M) | (54.3 M) | (53.1 M) | (117.8 M) | (78.8 M) | (78.8 M) | (37.7 M) | (35.1 M) | (4.7 M) | (4.2 M) | (4.4 M) |
| BCDA | 135.6 K | 9.7 M | 305 K | 19 K | 234 K | 322 K | (10.3 M) | (12.3 M) | (14 M) | (14.7 M) | (15 M) | (12.6 M) | (11.9 M) | (11.6 M) | (7.9 M) | (7.2 M) | (6.8 M) |
| IBO | (408.3 K) | (408.3 K) | (408.3 K) | (408.3 K) | (408.3 K) | (408.3 K) | (408.3 K) | (408.3 K) | (98.1 K) | (590.1 K) | (760.1 K) | (3.9 M) | (7.1 M) | (4.3 M) | (2.1 M) | (1.8 M) | (1.9 M) |
Cardio Diagnostics and related stocks such as Addex Therapeutics, Brainstorm Cell Ther, and Neurosense Therapeutics Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Cardio Diagnostics financial statement analysis. It represents the amount of money remaining after all of Cardio Diagnostics Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cardio Diagnostics Competitive Analysis
The better you understand Cardio Diagnostics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Cardio Diagnostics' 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 Cardio Diagnostics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Cardio Diagnostics Competition Performance Charts
Five steps to successful analysis of Cardio Diagnostics Competition
Cardio Diagnostics' 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 Cardio Diagnostics in relation to its competition. Cardio Diagnostics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Cardio Diagnostics 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 Cardio Diagnostics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Cardio Diagnostics, 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 Cardio Diagnostics Correlation with its peers. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Will Biotechnology sector continue expanding? Could Cardio diversify its offerings? Factors like these will boost the valuation of Cardio Diagnostics. Projected growth potential of Cardio fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cardio Diagnostics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (11.91) | Revenue Per Share | Quarterly Revenue Growth (0.57) | Return On Assets | Return On Equity |
Cardio Diagnostics's market price often diverges from its book value, the accounting figure shown on Cardio's balance sheet. Smart investors calculate Cardio Diagnostics' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Cardio Diagnostics' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Cardio Diagnostics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cardio Diagnostics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Cardio Diagnostics' 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.