Cardiol Therapeutics Inc. Receives Consensus Rating of Buy from Brokerages - MarketBeat
| CRDL Stock | CAD 1.76 0.08 4.35% |
About 61% of Cardiol Therapeutics' investor base is looking to short. The analysis of overall sentiment of trading Cardiol Therapeutics Class stock suggests that many investors are alarmed at this time. Cardiol Therapeutics' investing sentiment overview a quick insight into current market opportunities from investing in Cardiol Therapeutics Class. Many technical investors use Cardiol Therapeutics stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cardiol |
Cardiol Therapeutics Inc. Receives Consensus Rating of Buy from Brokerages MarketBeat
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Cardiol Therapeutics Fundamental Analysis
We analyze Cardiol Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cardiol Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cardiol Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Cardiol Therapeutics is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Cardiol Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cardiol Therapeutics stock to make a market-neutral strategy. Peer analysis of Cardiol Therapeutics could also be used in its relative valuation, which is a method of valuing Cardiol Therapeutics by comparing valuation metrics with similar companies.
Peers
Cardiol Therapeutics Related Equities
| PCLO | Pharmacielo | 10.00 | ||||
| CWEB | Charlottes Web | 6.25 | ||||
| MDNA | Medicenna Therapeutics | 1.42 | ||||
| AVCN | Avicanna | 3.23 |
Check out Cardiol Therapeutics Hype Analysis, Cardiol Therapeutics Correlation and Cardiol Therapeutics Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.