Cardno (Australia) Price on April 10, 2024

CDD Stock   0.23  0.03  15.00%   
Below is the normalized historical share price chart for Cardno extending back to May 19, 2004. 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 Cardno stands at 0.23, as last reported on the 26th of December, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day.
200 Day MA
0.3207
50 Day MA
0.2012
Beta
0.369
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cardno Stock, it is important to understand the factors that can impact its price. Cardno secures Sharpe Ratio (or Efficiency) of -0.0059, which signifies that the company had a -0.0059% return per unit of risk over the last 3 months. Cardno exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cardno's Risk Adjusted Performance of 0.0045, mean deviation of 5.64, and Standard Deviation of 9.49 to double-check the risk estimate we provide.
  
At this time, Cardno's Common Stock Total Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 790 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 28.9 M in 2024. . Cardno Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0059

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Estimated Market Risk

 9.64
  actual daily
85
85% of assets are less volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cardno 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 Cardno by adding Cardno to a well-diversified portfolio.
Price Book
1.2734
Enterprise Value Ebitda
4.6671
Price Sales
0.5938
Shares Float
16.1 M
Wall Street Target Price
1.65

Cardno Valuation on April 10, 2024

It is possible to determine the worth of Cardno on a given historical date. On April 10, 2024 Cardno was worth 0.28 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cardno stock. Still, in general, we apply an absolute valuation method to find Cardno'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 Cardno where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cardno's related companies.
 Open High Low Close Volume
  0.25    0.27    0.25    0.26    1,139,781  
04/10/2024
  0.28    0.30    0.23    0.23    1,472,773  
  0.24    0.27    0.24    0.25    577,787  
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Open Value
0.28
0.23
Closing Value
29.19
Upside

Cardno Trading Date Momentum on April 10, 2024

On April 11 2024 Cardno was traded for  0.25  at the closing time. The maximum traded price for the trading interval was 0.27  and the lowest daily price was  0.24 . The daily volume was recorded at 577.8 K. The volume of trading on 11th of April 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 8.70% . The overall trading delta to the closing price today is 17.39% .

Cardno Fundamentals Correlations and Trends

By evaluating Cardno'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 Cardno's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cardno financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cardno Stock history

Cardno 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 Cardno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cardno 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 Cardno stock prices may prove useful in developing a viable investing in Cardno
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.9 M28.9 M
Net Income Applicable To Common Shares1.2 M1.2 M

Cardno Quarterly Net Working Capital

7.01 Million

Cardno Stock Technical Analysis

Cardno 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 Cardno technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cardno 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...

Price Boundaries

Cardno Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cardno cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cardno December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Cardno stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cardno shares will generate the highest return on investment. By undertsting and applying Cardno stock market strength indicators, traders can identify Cardno entry and exit signals to maximize returns

Cardno Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cardno's price direction in advance. Along with the technical and fundamental analysis of Cardno Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cardno 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.

Additional Tools for Cardno Stock Analysis

When running Cardno's price analysis, check to measure Cardno'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 Cardno is operating at the current time. Most of Cardno's value examination focuses on studying past and present price action to predict the probability of Cardno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardno's price. Additionally, you may evaluate how the addition of Cardno to your portfolios can decrease your overall portfolio volatility.