Cryoport Stock Market Value
| CYRX Stock | USD 7.01 0.32 4.37% |
| Symbol | Cryoport |
Cryoport 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 Cryoport. If investors know Cryoport 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 Cryoport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.39) | Revenue Per Share | Quarterly Revenue Growth 0.009 | Return On Assets | Return On Equity |
The market value of Cryoport is measured differently than its book value, which is the value of Cryoport that is recorded on the company's balance sheet. Investors also form their own opinion of Cryoport's value that differs from its market value or its book value, called intrinsic value, which is Cryoport'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 Cryoport's market value can be influenced by many factors that don't directly affect Cryoport'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 Cryoport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cryoport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cryoport'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.
Cryoport '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 Cryoport'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 Cryoport.
| 01/07/2025 |
| 02/06/2025 |
If you would invest 0.00 in Cryoport on January 7, 2025 and sell it all today you would earn a total of 0.00 from holding Cryoport or generate 0.0% return on investment in Cryoport over 30 days. Cryoport is related to or competes with BioLife Solutions, Caredx, Natera, and IRhythm Technologies. Cryoport, Inc., a life sciences services company, provides temperature-controlled logistics solutions in the Americas, E... More
Cryoport 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 Cryoport'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 Cryoport upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.37 | |||
| Value At Risk | (5.28) | |||
| Potential Upside | 8.8 |
Cryoport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cryoport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cryoport's standard deviation. In reality, there are many statistical measures that can use Cryoport historical prices to predict the future Cryoport's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.0446 |
Cryoport Backtested Returns
Cryoport secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Cryoport exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cryoport's Mean Deviation of 3.12, standard deviation of 4.19, and Risk Adjusted Performance of 0.0074 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cryoport are expected to decrease at a much lower rate. During the bear market, Cryoport is likely to outperform the market. At this point, Cryoport has a negative expected return of -0.0051%. Please make sure to confirm Cryoport's maximum drawdown and rate of daily change , to decide if Cryoport performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Cryoport has weak predictability. Overlapping area represents the amount of predictability between Cryoport time series from 7th of January 2025 to 22nd of January 2025 and 22nd of January 2025 to 6th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cryoport price movement. The serial correlation of 0.2 indicates that over 20.0% of current Cryoport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Cryoport lagged returns against current returns
Autocorrelation, which is Cryoport 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 Cryoport's stock expected returns. We can calculate the autocorrelation of Cryoport returns to help us make a trade decision. For example, suppose you find that Cryoport 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 |
Cryoport 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 Cryoport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cryoport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cryoport stock over time.
Current vs Lagged Prices |
| Timeline |
Cryoport Lagged Returns
When evaluating Cryoport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cryoport stock have on its future price. Cryoport 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, Cryoport autocorrelation shows the relationship between Cryoport stock current value and its past values and can show if there is a momentum factor associated with investing in Cryoport.
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 Cryoport Stock Analysis
When running Cryoport's price analysis, check to measure Cryoport'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 Cryoport is operating at the current time. Most of Cryoport's value examination focuses on studying past and present price action to predict the probability of Cryoport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cryoport's price. Additionally, you may evaluate how the addition of Cryoport to your portfolios can decrease your overall portfolio volatility.