Cardiex OTC Stock Quote Today

AMDHF -  USA Stock  

USD 0.04  0.00  0.00%

Cardiex is trading at 0.04 as of the 21st of September 2021, a No Change since the beginning of the trading day. The stock's lowest day price was 0.04. Cardiex has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Cardiex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2021 and ending today, the 21st of September 2021. Click here to learn more.
 Market Performance
9 of 100
  Odds Of Distress
Over 83
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Cardiex OTC Stock Profile

CardieX Limited designs, manufactures, and markets medical devices for use in cardiovascular health management in the Americas, Europe, and the Asia Pacific. CardieX Limited was founded in 1994 and is headquartered in Sydney, Australia. Cardiex is traded on OTC Exchange in the United States. more on Cardiex
Cardiex is way too risky over 90 days horizon
Cardiex has some characteristics of a very speculative penny stock
Cardiex appears to be risky and price may revert if volatility continues
Cardiex has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 5.53 M. Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 4.4 M.
Cardiex has accumulated about 3.39 M in cash with (1.53 M) of positive cash flow from operations.
Roughly 47.0% of the company shares are held by company insiders
Latest headline from www.proactiveinvestors.com.au: CardieX anticipates historical 5-year high revenue growth in FY2021 to continue into FY22 and beyond - Proactive Investors Australia
Legal NameCardiex
CEO, Executive DirectorCraig Cooper  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cardiex's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
Cardiex [AMDHF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 5.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cardiex's market, we take the total number of its shares issued and multiply it by Cardiex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cardiex has 532.82 M outstanding shares. Cardiex has accumulated about 3.39 M in cash with (1.53 M) of positive cash flow from operations.
Check Cardiex Probability Of Bankruptcy
Ownership
Cardiex holds a total of five hundred thirty-two million eight hundred twenty thousand outstanding shares. Cardiex retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Cardiex Ownership Details

Cardiex Stock Price Odds Analysis

What are Cardiex's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Cardiex jumping above the current price in 90 days from now is about 15.32%. The Cardiex probability density function shows the probability of Cardiex otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the otc stock has a beta coefficient of 15.9627. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cardiex will likely underperform. In addition to that, the company has an alpha of 10.6098, implying that it can generate a 10.61 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 0.04HorizonTargetOdds Up 0.04 
84.64%90 days
 0.04 
15.32%
Based on a normal probability distribution, the odds of Cardiex to move above the current price in 90 days from now is about 15.32 (This Cardiex probability density function shows the probability of Cardiex OTC Stock to fall within a particular range of prices over 90 days) .

Cardiex Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cardiex market risk premium is the additional return an investor will receive from holding Cardiex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cardiex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cardiex's alpha and beta are two of the key measurements used to evaluate Cardiex's performance over the market, the standard measures of volatility play an important role as well.

Cardiex Stock Against Markets

Picking the right benchmark for Cardiex otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cardiex otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cardiex is critical whether you are bullish or bearish towards Cardiex at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cardiex without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cardiex Corporate Directors

Cardiex corporate directors refer to members of a Cardiex board of directors. The board of directors generally takes responsibility for the Cardiex's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cardiex's board members must vote for the resolution. The Cardiex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David Brookes - Independent Non-Executive DirectorProfile
Niall Cairns - Non-Executive DirectorProfile
Peter Jenkins - Independent Non-Executive DirectorProfile
Randall Nelson - Independent Non-Executive DirectorProfile
Please continue to Trending Equities. Note that the Cardiex information on this page should be used as a complementary analysis to other Cardiex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Cardiex price analysis, check to measure Cardiex'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 Cardiex is operating at the current time. Most of Cardiex's value examination focuses on studying past and present price action to predict the probability of Cardiex's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cardiex's price. Additionally, you may evaluate how the addition of Cardiex to your portfolios can decrease your overall portfolio volatility.
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The market value of Cardiex is measured differently than its book value, which is the value of Cardiex that is recorded on the company's balance sheet. Investors also form their own opinion of Cardiex's value that differs from its market value or its book value, called intrinsic value, which is Cardiex'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 Cardiex's market value can be influenced by many factors that don't directly affect Cardiex underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cardiex's value and its price as these two are different measures arrived at by different means. Investors typically determine Cardiex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardiex'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.