Caredx Inc Stock Performance

CDNA Stock  USD 17.81  0.09  0.50%   
On a scale of 0 to 100, CareDx holds a performance score of 10. The firm shows a Beta (market volatility) of 1.79, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CareDx will likely underperform. Please check CareDx's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether CareDx's price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in CareDx Inc are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, CareDx sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow82.8 M
Total Cashflows From Investing Activities-483 K

CareDx Relative Risk vs. Return Landscape

If you would invest  1,366  in CareDx Inc on August 29, 2025 and sell it today you would earn a total of  415.00  from holding CareDx Inc or generate 30.38% return on investment over 90 days. CareDx Inc is currently generating 0.4839% in daily expected returns and assumes 3.5749% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than CareDx, and 91% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days CareDx is expected to generate 5.16 times more return on investment than the market. However, the company is 5.16 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.1 per unit of risk.

CareDx Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CareDx's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CareDx Inc, and traders can use it to determine the average amount a CareDx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1353

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Estimated Market Risk

 3.57
  actual daily
32
68% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average CareDx is performing at about 10% 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 CareDx by adding it to a well-diversified portfolio.

CareDx Fundamentals Growth

CareDx Stock prices reflect investors' perceptions of the future prospects and financial health of CareDx, and CareDx fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CareDx Stock performance.

About CareDx Performance

By analyzing CareDx's fundamental ratios, stakeholders can gain valuable insights into CareDx's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CareDx has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if CareDx has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CareDx, Inc. discovers, develops, and commercializes diagnostic solutions for transplant patients and caregivers worldwide. The company was incorporated in 1998 and is headquartered in South San Francisco, California. CareDx operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 633 people.

Things to note about CareDx Inc performance evaluation

Checking the ongoing alerts about CareDx for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CareDx Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CareDx Inc had very high historical volatility over the last 90 days
Over 96.0% of the company shares are held by institutions such as insurance companies
Evaluating CareDx's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate CareDx's stock performance include:
  • Analyzing CareDx's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CareDx's stock is overvalued or undervalued compared to its peers.
  • Examining CareDx's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating CareDx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CareDx's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of CareDx's stock. These opinions can provide insight into CareDx's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating CareDx's stock performance is not an exact science, and many factors can impact CareDx's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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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