Cemtrex Stock Price on May 22, 2023
| CETX Stock | USD 3.34 0.17 5.36% |
Below is the normalized historical share price chart for Cemtrex extending back to November 25, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cemtrex stands at 3.34, as last reported on the 22nd of December, with the highest price reaching 3.55 and the lowest price hitting 3.04 during the day.
If you're considering investing in Cemtrex Stock, it is important to understand the factors that can impact its price. Cemtrex secures Sharpe Ratio (or Efficiency) of -0.42, which signifies that the company had a -0.42% return per unit of risk over the last 3 months. Cemtrex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cemtrex's Standard Deviation of 13.37, risk adjusted performance of (0.32), and Mean Deviation of 8.81 to double-check the risk estimate we provide.
At this time, Cemtrex's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Total Equity is likely to rise to about 21.2 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 32.7 M in 2024. . Price To Sales Ratio is likely to drop to 125.79 in 2024. Price Earnings Ratio is likely to rise to -811.99 in 2024. Cemtrex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of September 1998 | 200 Day MA 1.6 K | 50 Day MA 7.1871 | Beta 1.949 |
Cemtrex |
Sharpe Ratio = -0.4234
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Estimated Market Risk
| 13.4 actual daily | 96 96% of assets are less volatile |
Expected Return
| -5.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.42 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cemtrex 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 Cemtrex by adding Cemtrex to a well-diversified portfolio.
Price Book 53.8847 | Enterprise Value Ebitda 25.2092 | Price Sales 0.0374 | Shares Float 290.6 K | Wall Street Target Price 11 |
Cemtrex Valuation on May 22, 2023
It is possible to determine the worth of Cemtrex on a given historical date. On May 22, 2023 Cemtrex was worth 19530.01 at the beginning of the trading date compared to the closed value of 18564.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cemtrex stock. Still, in general, we apply an absolute valuation method to find Cemtrex'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 Cemtrex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cemtrex's related companies.
| Open | High | Low | Close | Volume | |
| 18,501 | 19,866 | 17,939 | 19,488 | 12.00 | |
05/22/2023 | 19,530 | 20,948 | 18,333 | 18,564 | 17.00 |
| 19,005 | 20,349 | 18,480 | 18,522 | 26.00 |
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Cemtrex Trading Date Momentum on May 22, 2023
| On May 23 2023 Cemtrex was traded for 18,522 at the closing time. The top price for the day was 20,349 and the lowest listed price was 18,480 . The trading volume for the day was 26.0. The trading history from May 23, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.23% . The overall trading delta against the current closing price is 8.60% . |
Cemtrex Fundamentals Correlations and Trends
By evaluating Cemtrex'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 Cemtrex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cemtrex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cemtrex Stock history
Cemtrex 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 Cemtrex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cemtrex 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 Cemtrex stock prices may prove useful in developing a viable investing in Cemtrex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1 M | 1.1 M | |
| Net Loss | -11.7 M | -11.1 M |
Cemtrex Stock Technical Analysis
Cemtrex 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
Cemtrex Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Cemtrex 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.
Cemtrex December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Cemtrex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cemtrex shares will generate the highest return on investment. By undertsting and applying Cemtrex stock market strength indicators, traders can identify Cemtrex entry and exit signals to maximize returns
Cemtrex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cemtrex's price direction in advance. Along with the technical and fundamental analysis of Cemtrex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cemtrex 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 | (0.32) | |||
| Jensen Alpha | (5.57) | |||
| Total Risk Alpha | (5.97) | |||
| Treynor Ratio | 5.13 |
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Additional Tools for Cemtrex Stock Analysis
When running Cemtrex's price analysis, check to measure Cemtrex'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 Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.