Cvrx Inc Stock Price on July 31, 2024

CVRX Stock  USD 13.79  0.19  1.40%   
If you're considering investing in CVRx Stock, it is important to understand the factors that can impact its price. As of today, the current price of CVRx stands at 13.79, as last reported on the 11th of December 2024, with the highest price reaching 13.79 and the lowest price hitting 13.60 during the day. CVRx is somewhat reliable given 3 months investment horizon. CVRx Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use CVRx mean deviation of 3.75, and Risk Adjusted Performance of 0.1259 to evaluate company specific risk that cannot be diversified away.
  
At this time, CVRx's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 250 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 107.1 M in 2024. . At this time, CVRx's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 11.20 in 2024, whereas Price To Sales Ratio is likely to drop 15.78 in 2024. CVRx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1775

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Estimated Market Risk

 6.08
  actual daily
54
54% of assets are less volatile

Expected Return

 1.08
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average CVRx is performing at about 13% of its full potential. 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 CVRx by adding it to a well-diversified portfolio.
Price Book
5.0178
Enterprise Value Ebitda
(1.31)
Price Sales
7.0036
Shares Float
14.7 M
Wall Street Target Price
18.1667

Related Headline

Pulmonx Corp Headline on 31st of July 2024

REDWOOD CITY, Calif., July 31, 2024 -- Pulmonx Corporation , a global leader in minimally invasive treatments for lung disease, today reported financial results for the second quarter of 2024 ended June 30, 2024. Recent Highlights Achieved record worldwide revenue of 20.8 million in the second quarter of 2024, a 21 percent increase over the same period last year and an increase of 21 percent on a constant currency basisDelivered 13.9 million in U.S

CVRx Valuation on July 31, 2024

It is possible to determine the worth of CVRx on a given historical date. On July 31, 2024 CVRx was worth 8.09 at the beginning of the trading date compared to the closed value of 8.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CVRx stock. Still, in general, we apply an absolute valuation method to find CVRx'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 CVRx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CVRx's related companies.
 Open High Low Close Volume
  9.03    9.30    7.31    7.93    815,508  
07/31/2024
  8.09    9.00    8.01    8.55    507,957  
  8.59    8.66    7.63    8.30    617,426  
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Open Value
8.09
8.55
Closing Value
26.34
Upside

CVRx Trading Date Momentum on July 31, 2024

On August 01 2024 CVRx Inc was traded for  8.30  at the closing time. The top price for the day was 8.66  and the lowest listed price was  7.63 . The trading volume for the day was 617.4 K. The trading history from August 1, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.92% . The overall trading delta against the current closing price is 0.58% .

CVRx Inc Fundamentals Correlations and Trends

By evaluating CVRx'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 CVRx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CVRx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CVRx Stock history

CVRx 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 CVRx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CVRx Inc 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 CVRx stock prices may prove useful in developing a viable investing in CVRx
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.8 M22.1 M
Net Loss-37.3 M-39.1 M

CVRx Quarterly Net Working Capital

82.87 Million

CVRx Stock Technical Analysis

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

CVRx Period Price Range

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CVRx December 11, 2024 Market Strength

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

CVRx Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CVRx's price direction in advance. Along with the technical and fundamental analysis of CVRx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CVRx 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.

Additional Tools for CVRx Stock Analysis

When running CVRx's price analysis, check to measure CVRx'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 CVRx is operating at the current time. Most of CVRx's value examination focuses on studying past and present price action to predict the probability of CVRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVRx's price. Additionally, you may evaluate how the addition of CVRx to your portfolios can decrease your overall portfolio volatility.