CareRx Corp Financials
| CRRX Stock | CAD 2.60 0.02 0.78% |
CareRx |
Understanding current and past CareRx Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CareRx Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in CareRx Corp's assets may result in an increase in income on the income statement.
CareRx Corp Stock Summary
CareRx Corp competes with Baylin Technologies, D2L, and Velan. CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada. CARERX CORPORATION operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 1378 people.| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA14173C1059 |
| Business Address | 320 Bay Street, |
| Sector | Health Care Providers & Services |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.carerx.ca |
| Phone | 416 927 8400 |
| Currency | CAD - Canadian Dollar |
You should never invest in CareRx Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CareRx Stock, because this is throwing your money away. Analyzing the key information contained in CareRx Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CareRx Corp Key Financial Ratios
CareRx Corp's financial ratios allow both analysts and investors to convert raw data from CareRx Corp's financial statements into concise, actionable information that can be used to evaluate the performance of CareRx Corp over time and compare it to other companies across industries.| Return On Equity | -0.0543 | |||
| Return On Asset | 0.0186 | |||
| Target Price | 3.73 | |||
| Beta | 0.82 |
CareRx Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CareRx Corp's current stock value. Our valuation model uses many indicators to compare CareRx Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CareRx Corp competition to find correlations between indicators driving CareRx Corp's intrinsic value. More Info.CareRx Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value CareRx Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CareRx Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CareRx Corp Systematic Risk
CareRx Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CareRx Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on CareRx Corp correlated with the market. If Beta is less than 0 CareRx Corp generally moves in the opposite direction as compared to the market. If CareRx Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CareRx Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CareRx Corp is generally in the same direction as the market. If Beta > 1 CareRx Corp moves generally in the same direction as, but more than the movement of the benchmark.
CareRx Corp March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CareRx Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CareRx Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareRx Corp based on widely used predictive technical indicators. In general, we focus on analyzing CareRx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareRx Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.2094 | |||
| Maximum Drawdown | 14.93 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 4.15 |
Other Information on Investing in CareRx Stock
CareRx Corp financial ratios help investors to determine whether CareRx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareRx with respect to the benefits of owning CareRx Corp security.