Disposition of 183 shares by Jeffrey Novack of Caredx at 15.59 subject to Rule 16b-3

CDNA Stock  USD 21.44  0.62  2.81%   
About 55% of Caredx's investor base is interested to short. The analysis of the overall investor sentiment regarding Caredx Inc suggests that many traders are impartial. The current market sentiment, together with Caredx's historical and current headlines, can help investors time the market. In addition, many technical investors use Caredx Inc stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Caredx Inc Officer: Secretary And General Counsel. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 183 common stock at 15.59 of Caredx by Jeffrey Novack on 8th of July 2024. This event was filed by Caredx Inc with SEC on 2024-07-08. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Caredx's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Caredx's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Caredx Fundamental Analysis

We analyze Caredx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caredx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caredx based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Revenue

Revenue Comparative Analysis

Caredx is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Caredx Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Caredx stock to make a market-neutral strategy. Peer analysis of Caredx could also be used in its relative valuation, which is a method of valuing Caredx by comparing valuation metrics with similar companies.

Peers

Caredx Related Equities

DRIODarioHealth Corp   6.15   
0%
100.0%
TWSTTwist Bioscience   3.68   
0%
59.0%
EXASEXACT Sciences   2.58   
0%
41.0%
PSNLPersonalis   2.30   
0%
37.0%
BDSXBiodesix   0.88   
0%
14.0%
ILMNIllumina   0.51   
8.0%
0%
CSTLCastle Biosciences   0.60   
9.0%
0%
MYGNMyriad Genetics   1.04   
16.0%
0%
CRLCharles River   1.39   
22.0%
0%
GHGuardant Health   1.74   
28.0%
0%
SERASera Prognostics   2.73   
44.0%
0%
NTRANatera   6.02   
97.0%
0%

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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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