Cvrx Inc Stock Market Value
| CVRX Stock | USD 14.77 1.25 9.25% |
| Symbol | CVRx |
CVRx Inc Price To Book Ratio
Is Health Care Equipment & Supplies 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 CVRx. If investors know CVRx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVRx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.69) | Revenue Per Share 2.186 | Quarterly Revenue Growth 0.272 | Return On Assets (0.31) | Return On Equity (0.79) |
The market value of CVRx Inc is measured differently than its book value, which is the value of CVRx that is recorded on the company's balance sheet. Investors also form their own opinion of CVRx's value that differs from its market value or its book value, called intrinsic value, which is CVRx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVRx's market value can be influenced by many factors that don't directly affect CVRx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVRx's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVRx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVRx's 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.
CVRx 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CVRx's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CVRx.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in CVRx on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding CVRx Inc or generate 0.0% return on investment in CVRx over 30 days. CVRx is related to or competes with LivaNova PLC, Electromed, Orthopediatrics Corp, SurModics, Pulmonx Corp, Orthofix Medical, and Neuropace. CVRx, Inc., a commercial-stage medical device company, focuses on developing, manufacturing, and commercializing neuromo... More
CVRx Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CVRx's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CVRx Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.34 | |||
| Information Ratio | 0.1489 | |||
| Maximum Drawdown | 41.08 | |||
| Value At Risk | (8.22) | |||
| Potential Upside | 12.31 |
CVRx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CVRx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVRx's standard deviation. In reality, there are many statistical measures that can use CVRx historical prices to predict the future CVRx's volatility.| Risk Adjusted Performance | 0.1355 | |||
| Jensen Alpha | 0.9823 | |||
| Total Risk Alpha | 0.2165 | |||
| Sortino Ratio | 0.2172 | |||
| Treynor Ratio | 1.72 |
CVRx Inc Backtested Returns
CVRx appears to be slightly risky, given 3 months investment horizon. CVRx Inc secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing CVRx's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please makes use of CVRx's mean deviation of 4.12, and Risk Adjusted Performance of 0.1355 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CVRx holds a performance score of 10. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVRx's returns are expected to increase less than the market. However, during the bear market, the loss of holding CVRx is expected to be smaller as well. Please check CVRx's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether CVRx's price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
CVRx Inc has very good reverse predictability. Overlapping area represents the amount of predictability between CVRx time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CVRx Inc price movement. The serial correlation of -0.7 indicates that around 70.0% of current CVRx price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.75 |
CVRx Inc lagged returns against current returns
Autocorrelation, which is CVRx stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CVRx's stock expected returns. We can calculate the autocorrelation of CVRx returns to help us make a trade decision. For example, suppose you find that CVRx has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CVRx regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CVRx stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVRx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVRx stock over time.
Current vs Lagged Prices |
| Timeline |
CVRx Lagged Returns
When evaluating CVRx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVRx stock have on its future price. CVRx autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CVRx autocorrelation shows the relationship between CVRx stock current value and its past values and can show if there is a momentum factor associated with investing in CVRx Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.