CryoPort Story

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CYRX -- USA Stock  

USD 48.97  0.58  1.17%

While some millenniums are indifferent towards industrials space, it makes sense to break down CryoPort in terms of its current potentials. As expected, CryoPort is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. The returns on the market and returns on CryoPort appear slightly correlated for the last few months. Weak basic indicators of the company may also suggest signs of long term losses for CryoPort investors. The next fiscal quarter end is expected on the 30th of September 2020. The stock experiences an active upward rally.
Published over a month ago
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Will CryoPort (NASDAQ:CYRX) price continue to rise in September?
The company's average rating is Buy from 6 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on CryoPort market sentiment investors' perception of the future value of CryoPort. Let us look at a few aspects of CryoPort technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of CryoPort. In general, we focus on analyzing CryoPort stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CryoPort's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CryoPort's intrinsic value. In addition to deriving basic predictive indicators for CryoPort, we also check how macroeconomic factors affect CryoPort price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does CryoPort Stands against Peers?

Analyzing CryoPort competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to CryoPort across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out CryoPort Competition Details

How CryoPort utilizes its cash?

To perform a cash flow analysis of CryoPort, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CryoPort is receiving and how much cash it distributes out in a given period. The CryoPort cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CryoPort Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. CryoPort reported Net Cash Flow from Operations of (1.32 Million) in 2019

Sale by Edward Zecchini of 8334 shares of CryoPort

Legal trades by CryoPort insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
CryoPort insider trading alert for sale of common stock by Edward Zecchini, the corporate stakeholder, on 23rd of August 2020. This event was filed by Cryoport Inc with SEC on 2020-05-14. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at CryoPort Variance

CryoPort has current Variance of 14.56. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
14.56
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare CryoPort Variance to its closest peers:
CYRX
ECHO
EXPD
FDX
FWRD
CYRX14.55518782019804
ECHO9.05
EXPD2.09
FDX9.02
FWRD6.34

Our perspective of the current CryoPort rise

Current maximum drawdown is at 20.41. As of the 22nd of August, CryoPort shows the Mean Deviation of 2.61, risk adjusted performance of 0.1909, and Downside Deviation of 4.86. CryoPort technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for CryoPort, which can be compared to its rivals. Please confirm CryoPort jensen alpha and semi variance to decide if CryoPort is priced correctly, providing market reflects its regular price of 38.82 per share. Given that CryoPort has jensen alpha of 0.5149, we suggest you to validate CryoPort's prevailing market performance to make sure the company can sustain itself at a future point.

While few other entities under the integrated freight & logistics industry are still a bit expensive, CryoPort may offer a potential longer-term growth to investors. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to exit some or all of your CryoPort holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CryoPort.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of CryoPort. Please refer to our Terms of Use for any information regarding our disclosure principles.

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