Cactus Acquisition Corp Stock Price on November 4, 2024
| CCTS Stock | USD 11.39 0.00 0.00% |
If you're considering investing in Cactus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cactus Acquisition stands at 11.39, as last reported on the 16th of December 2024, with the highest price reaching 11.39 and the lowest price hitting 11.39 during the day. Currently, Cactus Acquisition Corp is somewhat reliable. Cactus Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0094, which signifies that the company had a 0.0094% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Cactus Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Cactus Acquisition's mean deviation of 0.5956, and Risk Adjusted Performance of 0.0142 to double-check if the risk estimate we provide is consistent with the expected return of 0.0238%.
Common Stock Shares Outstanding is likely to gain to about 10.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 14.9 M in 2024. . Price Earnings Ratio is likely to gain to 63.88 in 2024. Price Book Value Ratio is likely to gain to 6.37 in 2024. Cactus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cactus |
Sharpe Ratio = 0.0094
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| Negative Returns | CCTS |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cactus Acquisition is not performing at its full potential. However, 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 Cactus Acquisition by adding Cactus Acquisition to a well-diversified portfolio.
Price Book 2.7632 | Book Value (0.14) | Enterprise Value 58.8 M | Enterprise Value Ebitda (43.92) | Shares Float 1.7 M |
Cactus Acquisition Valuation on November 4, 2024
It is possible to determine the worth of Cactus Acquisition on a given historical date. On November 4, 2024 Cactus was worth 11.7 at the beginning of the trading date compared to the closed value of 13.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cactus Acquisition stock. Still, in general, we apply an absolute valuation method to find Cactus Acquisition'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 Cactus Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cactus Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.65 | 11.65 | 11.65 | 11.65 | 1.00 | |
11/04/2024 | 11.70 | 13.70 | 11.69 | 13.09 | 22,410 |
| 3.00 | 11.03 | 3.00 | 11.03 | 2,285 |
| Backtest Cactus Acquisition | | | Cactus Acquisition History | | | Cactus Acquisition Valuation | Previous | Next |
Cactus Acquisition Trading Date Momentum on November 4, 2024
| On November 05 2024 Cactus Acquisition Corp was traded for 11.03 at the closing time. The top price for the day was 11.03 and the lowest listed price was 3.00 . The trading volume for the day was 2.3 K. The trading history from November 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 15.74% . The overall trading delta against the current closing price is 16.65% . |
Cactus Acquisition Corp Fundamentals Correlations and Trends
By evaluating Cactus Acquisition'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 Cactus Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cactus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cactus Acquisition Stock history
Cactus Acquisition 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 Cactus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cactus Acquisition 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 Cactus Acquisition stock prices may prove useful in developing a viable investing in Cactus Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.7 M | 10.8 M | |
| Net Loss | -896.4 K | -941.2 K |
Cactus Acquisition Stock Technical Analysis
Cactus Acquisition 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
Cactus Acquisition Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Cactus Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Cactus Acquisition December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Cactus Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cactus Acquisition shares will generate the highest return on investment. By undertsting and applying Cactus Acquisition stock market strength indicators, traders can identify Cactus Acquisition Corp entry and exit signals to maximize returns
Cactus Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cactus Acquisition's price direction in advance. Along with the technical and fundamental analysis of Cactus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cactus 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 | 0.0142 | |||
| Jensen Alpha | 0.0749 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
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Additional Tools for Cactus Stock Analysis
When running Cactus Acquisition's price analysis, check to measure Cactus Acquisition'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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.