Cardiol Research Development from 2010 to 2026

CRDL Stock  USD 1.06  0.07  7.07%   
Cardiol Therapeutics Research Development yearly trend continues to be quite stable with very little volatility. The value of Research Development is projected to decrease to about 8.3 M. From the period between 2010 and 2026, Cardiol Therapeutics, Research Development regression line of its data series had standard deviation of  5,786,406 and standard deviation of  5,786,406. View All Fundamentals
 
Research Development  
First Reported
2017-06-30
Previous Quarter
2.7 M
Current Value
4.8 M
Quarterly Volatility
1.5 M
 
Covid
 
Interest Hikes
Check Cardiol Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cardiol Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 1.4 M, Interest Income of 707.2 K or Depreciation And Amortization of 155 K, as well as many indicators such as Price To Sales Ratio of 1 K, Dividend Yield of 0.0 or PTB Ratio of 8.31. Cardiol financial statements analysis is a perfect complement when working with Cardiol Therapeutics Valuation or Volatility modules.
  
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Check out the analysis of Cardiol Therapeutics Correlation against competitors.
Historical Research Development data for Cardiol Therapeutics serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Cardiol Therapeutics Class represents a compelling investment opportunity.

Latest Cardiol Therapeutics' Research Development Growth Pattern

Below is the plot of the Research Development of Cardiol Therapeutics Class over the last few years. It is Cardiol Therapeutics' Research Development historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cardiol Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Research Development10 Years Trend
Slightly volatile
   Research Development   
       Timeline  

Cardiol Research Development Regression Statistics

Arithmetic Mean5,162,798
Geometric Mean1,989,156
Coefficient Of Variation112.08
Mean Deviation5,157,998
Median1,532,606
Standard Deviation5,786,406
Sample Variance33.5T
Range15.7M
R-Value0.86
Mean Square Error9.3T
R-Squared0.74
Slope985,089
Total Sum of Squares535.7T

Cardiol Research Development History

20268.3 M
202516.1 M
202414 M
202310.7 M
202214 M
20218.6 M
20208.3 M

About Cardiol Therapeutics Financial Statements

Cardiol Therapeutics investors utilize fundamental indicators, such as Research Development, to predict how Cardiol Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Research Development16.1 M8.3 M

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When determining whether Cardiol Therapeutics is a strong investment it is important to analyze Cardiol Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cardiol Therapeutics' future performance. For an informed investment choice regarding Cardiol Stock, refer to the following important reports:
Check out the analysis of Cardiol Therapeutics Correlation against competitors.
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Is Biotechnology 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 Cardiol Therapeutics. Projected growth potential of Cardiol fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Cardiol Therapeutics assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share
(0.30)
Return On Assets
(1.49)
Return On Equity
(3.48)
Understanding Cardiol Therapeutics requires distinguishing between market price and book value, where the latter reflects Cardiol's accounting equity. The concept of intrinsic value - what Cardiol Therapeutics' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Cardiol Therapeutics' price substantially above or below its fundamental value.
It's important to distinguish between Cardiol Therapeutics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cardiol Therapeutics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cardiol Therapeutics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.