Cvrx Inc Stock Price on April 23, 2024
| CVRX Stock | USD 9.22 1.25 15.68% |
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 9.22, as last reported on the 7th of May, with the highest price reaching 9.49 and the lowest price hitting 8.53 during the day. CVRx Inc secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27% return per unit of risk over the last 3 months. CVRx Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVRx's mean deviation of 3.26, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
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.
CVRx |
Sharpe Ratio = -0.2657
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| Negative Returns | CVRX |
Estimated Market Risk
| 5.99 actual daily | 53 53% of assets are less volatile |
Expected Return
| -1.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CVRx is not performing at its full potential. However, 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 CVRx to a well-diversified portfolio.
Price Book 4.7478 | Enterprise Value Ebitda (7.76) | Price Sales 9.1763 | Shares Float 11.6 M | Wall Street Target Price 17.5 |
CVRx Valuation on April 23, 2024
It is possible to determine the worth of CVRx on a given historical date. On April 23, 2024 CVRx was worth 14.61 at the beginning of the trading date compared to the closed value of 14.29. 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 | |
| 14.90 | 14.90 | 14.15 | 14.69 | 150,658 | |
04/23/2024 | 14.61 | 14.87 | 14.25 | 14.29 | 118,473 |
| 14.39 | 14.65 | 14.03 | 14.40 | 119,882 |
| Backtest CVRx | | | CVRx History | | | CVRx Valuation | Previous | Next |
CVRx Trading Date Momentum on April 23, 2024
| On April 24 2024 CVRx Inc was traded for 14.40 at the closing time. The top price for the day was 14.65 and the lowest listed price was 14.03 . The trading volume for the day was 119.9 K. The trading history from April 24, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.77% . The overall trading delta against the current closing price is 38.98% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.8 M | 22.1 M | |
| Net Loss | -37.3 M | -39.1 M |
CVRx Quarterly Net Working Capital |
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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.
Price Boundaries
CVRx Period Price Range
Low | April 23, 2024
| High |
14.61 | 14.29 |
CVRx May 7, 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
| Accumulation Distribution | 4939.69 | |||
| Daily Balance Of Power | (0.52) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 14.56 | |||
| Day Typical Price | 14.47 | |||
| Price Action Indicator | (0.43) | |||
| Period Momentum Indicator | (5.07) |
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.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.25) | |||
| Total Risk Alpha | (1.92) | |||
| Treynor Ratio | 1.07 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary 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.
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Is CVRx's industry 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 (2.48) | Revenue Per Share 2.015 | Quarterly Revenue Growth 0.35 | Return On Assets (0.29) | Return On Equity (0.63) |
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.