Caredx Financials
| CDNA Stock | USD 21.44 0.62 2.81% |
Caredx |
Understanding current and past Caredx Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Caredx's financial statements are interrelated, with each one affecting the others. For example, an increase in Caredx's assets may result in an increase in income on the income statement.
Please note, the presentation of Caredx's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Caredx's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Caredx's management manipulating its earnings.
Caredx Stock Summary
Caredx competes with Castle Biosciences, Twist Bioscience, Biodesix, Natera, and Charles River. CareDx, Inc. discovers, develops, and commercializes diagnostic solutions for transplant patients and caregivers worldwide. The company was incorporated in 1998 and is headquartered in South San Francisco, California. CareDx operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 633 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US14167L1035 |
| CUSIP | 14167L103 |
| Location | California; U.S.A |
| Business Address | 8000 Marina Boulevard, |
| Sector | Biotechnology |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | caredx.com |
| Phone | 415 287 2300 |
| Currency | USD - US Dollar |
Caredx Key Financial Ratios
| Return On Equity | -0.43 | ||||
| Return On Asset | -0.075 | ||||
| Target Price | 31.67 | ||||
| Number Of Employees | 635 | ||||
| Beta | 1.8 |
Caredx Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Caredx's current stock value. Our valuation model uses many indicators to compare Caredx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Caredx competition to find correlations between indicators driving Caredx's intrinsic value. More Info.Caredx Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Caredx's earnings, one of the primary drivers of an investment's value.Caredx Inc Systematic Risk
Caredx's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Caredx volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Caredx Inc correlated with the market. If Beta is less than 0 Caredx generally moves in the opposite direction as compared to the market. If Caredx Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Caredx Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Caredx is generally in the same direction as the market. If Beta > 1 Caredx moves generally in the same direction as, but more than the movement of the benchmark.
About Caredx Financials
What exactly are Caredx Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Caredx's income statement, its balance sheet, and the statement of cash flows. Potential Caredx investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Caredx investors may use each financial statement separately, they are all related. The changes in Caredx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Caredx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Caredx January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Caredx help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Caredx Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Caredx Inc based on widely used predictive technical indicators. In general, we focus on analyzing Caredx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Caredx's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 4.48 |
Complementary Tools for Caredx Stock analysis
When running Caredx's price analysis, check to measure Caredx'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 Caredx is operating at the current time. Most of Caredx's value examination focuses on studying past and present price action to predict the probability of Caredx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caredx's price. Additionally, you may evaluate how the addition of Caredx to your portfolios can decrease your overall portfolio volatility.
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