Cartica Acquisition Corp Stock Buy Hold or Sell Recommendation
| CITE Stock | USD 11.74 0.00 0.00% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Cartica Acquisition Corp is 'Strong Hold'. Macroaxis provides Cartica Acquisition buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CITE positions.
Check out Cartica Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Cartica and provide practical buy, sell, or hold advice based on investors' constraints. Cartica Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Cartica |
Execute Cartica Acquisition Buy or Sell Advice
The Cartica recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cartica Acquisition Corp. Macroaxis does not own or have any residual interests in Cartica Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cartica Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cartica Acquisition Trading Alerts and Improvement Suggestions
| Cartica Acquisition has high likelihood to experience some financial distress in the next 2 years | |
| Cartica Acquisition Corp currently holds about 1.62 M in cash with (1.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Cartica Acquisition has a frail financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily |
Cartica Acquisition Returns Distribution Density
The distribution of Cartica Acquisition's historical returns is an attempt to chart the uncertainty of Cartica Acquisition's future price movements. The chart of the probability distribution of Cartica Acquisition daily returns describes the distribution of returns around its average expected value. We use Cartica Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cartica Acquisition returns is essential to provide solid investment advice for Cartica Acquisition.
| Mean Return | 0.05 | Value At Risk | -0.17 | Potential Upside | 0.43 | Standard Deviation | 0.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cartica Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cartica Stock Institutional Investors
| Shares | Walleye Trading Llc | 2024-09-30 | 35.6 K | Clear Street Llc | 2024-06-30 | 29.6 K | Citadel Advisors Llc | 2024-09-30 | 10.1 K | Tower Research Capital Llc | 2024-09-30 | 115 | Periscope Capital Inc. | 2024-06-30 | 0.0 | Penderfund Capital Management Ltd | 2024-06-30 | 0.0 | K2 Principal Fund Lp | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-09-30 | 0.0 | Robinson Capital Management, Inc. | 2024-06-30 | 0.0 | Berkley W R Corp | 2024-09-30 | 342.7 K | Glazer Capital, Llc | 2024-09-30 | 253.9 K |
Cartica Acquisition Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cartica Acquisition or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cartica Acquisition's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cartica stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.0094 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.15 |
Cartica Acquisition Volatility Alert
Cartica Acquisition Corp exhibits very low volatility with skewness of -0.88 and kurtosis of 7.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cartica Acquisition's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cartica Acquisition's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cartica Acquisition Fundamentals Vs Peers
Comparing Cartica Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cartica Acquisition's direct or indirect competition across all of the common fundamentals between Cartica Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cartica Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cartica Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cartica Acquisition by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cartica Acquisition to competition |
| Fundamentals | Cartica Acquisition | Peer Average |
| Return On Asset | -0.0252 | -0.14 |
| Current Valuation | 95.56 M | 16.62 B |
| Shares Outstanding | 7 M | 571.82 M |
| Shares Owned By Insiders | 67.86 % | 10.09 % |
| Shares Owned By Institutions | 32.07 % | 39.21 % |
| Number Of Shares Shorted | 1.67 K | 4.71 M |
| Price To Book | 6.30 X | 9.51 X |
| EBITDA | 8.42 M | 3.9 B |
| Net Income | 6.38 M | 570.98 M |
| Cash And Equivalents | 1.62 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 250 K | 5.32 B |
| Current Ratio | 11.25 X | 2.16 X |
| Book Value Per Share | (0.17) X | 1.93 K |
| Cash Flow From Operations | (1.32 M) | 971.22 M |
| Short Ratio | 0.11 X | 4.00 X |
| Earnings Per Share | (0.84) X | 3.12 X |
| Beta | 0.022 | -0.15 |
| Market Capitalization | 93.91 M | 19.03 B |
| Total Asset | 46.4 M | 29.47 B |
| Retained Earnings | (4.99 M) | 9.33 B |
| Working Capital | (723.23 K) | 1.48 B |
| Net Asset | 46.4 M |
Note: Acquisition by Cartica Acquisition Partners, Llc of 4750000 shares of Cartica Acquisition at 1.0E-4 subject to Rule 16b-3 [view details]
Cartica Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cartica . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0043 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.74 | |||
| Day Typical Price | 11.74 | |||
| Market Facilitation Index | 0.05 | |||
| Price Action Indicator | 0.005 |
About Cartica Acquisition Buy or Sell Advice
When is the right time to buy or sell Cartica Acquisition Corp? Buying financial instruments such as Cartica Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Cartica Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartica Acquisition. If investors know Cartica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartica Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Earnings Share (0.84) | Return On Assets (0.03) |
The market value of Cartica Acquisition Corp is measured differently than its book value, which is the value of Cartica that is recorded on the company's balance sheet. Investors also form their own opinion of Cartica Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cartica Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartica Acquisition's market value can be influenced by many factors that don't directly affect Cartica Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartica Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartica Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartica Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.