Disposition of 8844 shares by Peter Maag of Caredx at 33.23 subject to Rule 16b-3

CDNA Stock  USD 20.55  1.59  7.18%   
About 57% of Caredx's investor base is looking to short. The analysis of the overall investor sentiment regarding Caredx Inc suggests that many traders are alarmed. The current market sentiment, together with Caredx's historical and current headlines, can help investors time the market. In addition, many technical investors use Caredx Inc stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Caredx Inc Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

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Disposition of 8844 common stock at 33.23 of Caredx by Peter Maag on 3rd of October 2024. This event was filed by Caredx Inc with SEC on 2024-08-20. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Caredx's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Caredx's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Caredx Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Caredx can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Caredx Fundamental Analysis

We analyze Caredx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caredx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caredx 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.

Market Capitalization

Market Capitalization Comparative Analysis

Caredx is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Caredx Inc 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 Caredx stock to make a market-neutral strategy. Peer analysis of Caredx could also be used in its relative valuation, which is a method of valuing Caredx by comparing valuation metrics with similar companies.

Peers

Caredx Related Equities

PSNLPersonalis   47.75   
0%
100.0%
DRIODarioHealth Corp   13.86   
0%
29.0%
BDSXBiodesix   1.49   
0%
3.0%
CRLCharles River   0.00   
0%
0%
NTRANatera   0.00   
0%
0%
MYGNMyriad Genetics   0.60   
1.0%
0%
SERASera Prognostics   0.61   
1.0%
0%
CSTLCastle Biosciences   3.73   
7.0%
0%
ILMNIllumina   6.37   
13.0%
0%
EXASEXACT Sciences   6.97   
14.0%
0%
TWSTTwist Bioscience   9.88   
20.0%
0%
GHGuardant Health   10.65   
22.0%
0%

Complementary Tools for Caredx Stock analysis

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