Cardiol Therapeutics Class Stock Price History

CRDL Stock  USD 1.36  0.07  4.90%   
Below is the normalized historical share price chart for Cardiol Therapeutics Class extending back to January 15, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cardiol Therapeutics stands at 1.36, as last reported on the 12th of December 2024, with the highest price reaching 1.42 and the lowest price hitting 1.32 during the day.
IPO Date
15th of January 2019
200 Day MA
1.9674
50 Day MA
1.7892
Beta
0.697
 
Covid
If you're considering investing in Cardiol Stock, it is important to understand the factors that can impact its price. Cardiol Therapeutics secures Sharpe Ratio (or Efficiency) of -0.28, which signifies that the company had a -0.28% return per unit of risk over the last 3 months. Cardiol Therapeutics Class exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cardiol Therapeutics' Risk Adjusted Performance of (0.16), mean deviation of 2.6, and Standard Deviation of 3.24 to double-check the risk estimate we provide.
  
At this time, Cardiol Therapeutics' Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 38.6 M this year, although the value of Other Stockholder Equity will most likely fall to about 10 M. . The value of Price To Sales Ratio is estimated to slide to 1,023. The value of Price Earnings Ratio is estimated to slide to -2.65. Cardiol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2815

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Estimated Market Risk

 3.25
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.92
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cardiol Therapeutics 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 Cardiol Therapeutics by adding Cardiol Therapeutics to a well-diversified portfolio.
Price Book
15.8582
Enterprise Value Ebitda
0.298
Price Sales
1.1 K
Shares Float
66.6 M
Wall Street Target Price
8.7886

Cardiol Therapeutics Stock Price History Chart

There are several ways to analyze Cardiol Stock price data. The simplest method is using a basic Cardiol candlestick price chart, which shows Cardiol Therapeutics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 20, 20242.32
Lowest PriceDecember 12, 20241.36

Cardiol Therapeutics December 12, 2024 Stock Price Synopsis

Various analyses of Cardiol Therapeutics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cardiol Stock. It can be used to describe the percentage change in the price of Cardiol Therapeutics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cardiol Stock.
Cardiol Therapeutics Accumulation Distribution 24,911 
Cardiol Therapeutics Price Daily Balance Of Power(0.70)
Cardiol Therapeutics Price Action Indicator(0.04)
Cardiol Therapeutics Price Rate Of Daily Change 0.95 

Cardiol Therapeutics December 12, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Cardiol Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Cardiol Therapeutics intraday prices and daily technical indicators to check the level of noise trading in Cardiol Stock and then apply it to test your longer-term investment strategies against Cardiol.

Cardiol Stock Price History Data

The price series of Cardiol Therapeutics for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 has a statistical range of 1.12 with a coefficient of variation of 13.8. The prices are distributed with arithmetic mean of 1.87. The median price for the last 90 days is 1.9.
OpenHighLowCloseVolume
12/12/2024 1.40  1.42  1.32  1.36  353,742 
12/11/2024 1.45  1.46  1.36  1.43  360,620 
12/10/2024 1.46  1.51  1.44  1.45  284,715 
12/09/2024 1.45  1.51  1.42  1.48  397,595 
12/06/2024 1.47  1.48  1.40  1.44  415,608 
12/05/2024 1.48  1.52  1.38  1.44  683,473 
12/04/2024 1.52  1.54  1.47  1.48  462,402 
12/03/2024 1.57  1.57  1.50  1.53  279,240 
12/02/2024 1.67  1.67  1.55  1.57  335,697 
11/29/2024 1.59  1.66  1.57  1.62  285,282 
11/27/2024 1.53  1.60  1.49  1.58  310,849 
11/26/2024 1.53  1.57  1.50  1.53  376,626 
11/25/2024 1.59  1.64  1.51  1.54  376,578 
11/22/2024 1.65  1.66  1.56  1.62  405,415 
11/21/2024 1.59  1.60  1.49  1.58  678,592 
11/20/2024 1.62  1.67  1.54  1.56  578,687 
11/19/2024 1.80  1.80  1.61  1.65  646,883 
11/18/2024 1.87  1.92  1.69  1.79  968,862 
11/15/2024 1.84  1.87  1.72  1.82  749,156 
11/14/2024 1.95  1.95  1.84  1.86  257,405 
11/13/2024 1.98  1.98  1.87  1.91  342,506 
11/12/2024 1.92  1.96  1.83  1.91  187,523 
11/11/2024 2.02  2.07  1.90  1.96  643,319 
11/08/2024 2.06  2.14  1.95  1.99  633,398 
11/07/2024 1.90  2.24  1.90  2.07  539,484 
11/06/2024 1.97  1.97  1.88  1.93  232,541 
11/05/2024 1.90  1.97  1.90  1.96  235,860 
11/04/2024 1.87  1.92  1.85  1.90  221,870 
11/01/2024 1.85  1.89  1.81  1.87  261,574 
10/31/2024 1.80  1.86  1.75  1.80  282,285 
10/30/2024 1.86  1.86  1.80  1.82  196,669 
10/29/2024 1.84  1.88  1.82  1.83  251,061 
10/28/2024 1.94  1.94  1.84  1.85  285,632 
10/25/2024 1.89  1.95  1.86  1.92  410,859 
10/24/2024 1.87  1.90  1.83  1.88  153,207 
10/23/2024 1.86  1.90  1.78  1.85  268,771 
10/22/2024 1.94  1.94  1.83  1.87  374,913 
10/21/2024 1.95  1.95  1.86  1.91  186,910 
10/18/2024 1.95  1.97  1.91  1.92  585,283 
10/17/2024 1.90  1.95  1.89  1.94  371,750 
10/16/2024 1.92  1.94  1.89  1.90  263,753 
10/15/2024 1.90  1.93  1.81  1.91  412,492 
10/14/2024 1.87  1.96  1.84  1.84  440,831 
10/11/2024 1.79  1.90  1.79  1.88  804,323 
10/10/2024 1.80  1.81  1.70  1.78  768,195 
10/09/2024 1.60  1.87  1.56  1.83  5,911,547 
10/08/2024 1.95  1.97  1.88  1.96  525,630 
10/07/2024 2.00  2.00  1.87  1.89  265,549 
10/04/2024 1.94  2.01  1.94  1.97  122,322 
10/03/2024 1.98  2.00  1.88  1.95  257,975 
10/02/2024 1.95  2.00  1.90  1.93  470,543 
10/01/2024 1.99  2.05  1.94  1.99  288,782 
09/30/2024 2.03  2.07  1.96  1.98  350,365 
09/27/2024 2.12  2.15  2.04  2.07  190,799 
09/26/2024 2.17  2.17  2.07  2.12  207,623 
09/25/2024 2.21  2.33  2.08  2.12  446,624 
09/24/2024 2.42  2.42  2.15  2.20  448,729 
09/23/2024 2.35  2.44  2.29  2.30  317,657 
09/20/2024 2.22  2.35  2.20  2.32  192,642 
09/19/2024 2.27  2.36  2.20  2.25  342,697 
09/18/2024 2.15  2.28  2.12  2.20  291,689 

About Cardiol Therapeutics Stock history

Cardiol Therapeutics 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 Cardiol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cardiol Therapeutics 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 Cardiol Therapeutics stock prices may prove useful in developing a viable investing in Cardiol Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding64.5 M41.5 M
Net Loss-27.8 M-29.2 M

Cardiol Therapeutics Quarterly Net Working Capital

15.07 Million

Cardiol Therapeutics Stock Technical Analysis

Cardiol Therapeutics 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.
A focus of Cardiol Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cardiol Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Cardiol Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cardiol Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Cardiol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cardiol 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.
When determining whether Cardiol Therapeutics is a strong investment it is important to analyze Cardiol Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cardiol Therapeutics' future performance. For an informed investment choice regarding Cardiol Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardiol Therapeutics Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Biotechnology 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 Cardiol Therapeutics. If investors know Cardiol 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 Cardiol Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Return On Assets
(0.54)
Return On Equity
(1.08)
The market value of Cardiol Therapeutics is measured differently than its book value, which is the value of Cardiol that is recorded on the company's balance sheet. Investors also form their own opinion of Cardiol Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Cardiol Therapeutics' 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 Cardiol Therapeutics' market value can be influenced by many factors that don't directly affect Cardiol Therapeutics' 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 Cardiol Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardiol Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardiol Therapeutics' 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.