Carerx Corp Stock Price on November 5, 2024
| CRRX Stock | CAD 1.89 0.01 0.53% |
Below is the normalized historical share price chart for CareRx Corp extending back to September 04, 2002. 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 CareRx Corp stands at 1.89, as last reported on the 29th of November, with the highest price reaching 1.93 and the lowest price hitting 1.85 during the day.
If you're considering investing in CareRx Stock, it is important to understand the factors that can impact its price. As of now, CareRx Stock is very risky. CareRx Corp secures Sharpe Ratio (or Efficiency) of 0.0361, which signifies that the company had a 0.0361% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for CareRx Corp, which you can use to evaluate the volatility of the firm. Please confirm CareRx Corp's Risk Adjusted Performance of (0.01), standard deviation of 2.51, and Mean Deviation of 1.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.0896%.
At this time, CareRx Corp's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 60.2 M, while Liabilities And Stockholders Equity is likely to drop about 178.4 M. . At this time, CareRx Corp's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 5.19, while Price To Sales Ratio is likely to drop 0.24. CareRx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.0431 | 50 Day MA 1.9662 | Beta 0.93 |
CareRx |
Sharpe Ratio = 0.0361
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| Cash | Small Risk | CRRX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average CareRx Corp is performing at about 2% of its full potential. 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 CareRx Corp by adding it to a well-diversified portfolio.
Price Book 1.491 | Enterprise Value Ebitda 8.3985 | Price Sales 0.3264 | Shares Float 28 M | Wall Street Target Price 3.4813 |
CareRx Corp Valuation on November 5, 2024
It is possible to determine the worth of CareRx Corp on a given historical date. On November 5, 2024 CareRx was worth 1.94 at the beginning of the trading date compared to the closed value of 1.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CareRx Corp stock. Still, in general, we apply an absolute valuation method to find CareRx Corp'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 CareRx Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CareRx Corp's related companies.
| Open | High | Low | Close | Volume | |
| 1.96 | 1.96 | 1.94 | 1.94 | 3,200 | |
11/05/2024 | 1.94 | 1.94 | 1.93 | 1.93 | 800.00 |
| 1.91 | 1.93 | 1.80 | 1.82 | 47,241 |
| Backtest CareRx Corp | | | CareRx Corp History | | | CareRx Corp Valuation | Previous | Next |
CareRx Corp Trading Date Momentum on November 5, 2024
| On November 06 2024 CareRx Corp was traded for 1.82 at the closing time. The highest price during the trading period was 1.93 and the lowest recorded bid was listed for 1.80 . The volume for the day was 47.2 K. This history from November 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.70% . The overall trading delta to the current price is 1.55% . |
CareRx Corp Fundamentals Correlations and Trends
By evaluating CareRx Corp'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 CareRx Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CareRx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CareRx Corp Stock history
CareRx Corp 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 CareRx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CareRx Corp 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 CareRx Corp stock prices may prove useful in developing a viable investing in CareRx Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57.3 M | 60.2 M | |
| Net Loss | -30.9 M | -29.4 M |
CareRx Corp Stock Technical Analysis
CareRx Corp 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.
Price Boundaries
CareRx Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CareRx Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
CareRx Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CareRx Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CareRx Corp shares will generate the highest return on investment. By undertsting and applying CareRx Corp stock market strength indicators, traders can identify CareRx Corp entry and exit signals to maximize returns
CareRx Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CareRx Corp's price direction in advance. Along with the technical and fundamental analysis of CareRx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CareRx 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.81) |
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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.