Cemtrex Pref Price on July 10, 2023
CETXPDelisted Preferred Stock | USD 0.85 0.09 11.84% |
If you're considering investing in Cemtrex Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cemtrex Pref stands at 0.85, as last reported on the 11th of December 2024, with the highest price reaching 0.85 and the lowest price hitting 0.70 during the day. We have found thirty technical indicators for Cemtrex Pref, which you can use to evaluate the volatility of the firm. Please confirm Cemtrex Pref's Downside Deviation of 5.44, risk adjusted performance of 0.1132, and Mean Deviation of 4.86 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Cemtrex Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cemtrex |
Sharpe Ratio = 0.0
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Based on monthly moving average Cemtrex Pref 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 Pref by adding Cemtrex Pref to a well-diversified portfolio.
Cemtrex Pref Valuation on July 10, 2023
It is possible to determine the worth of Cemtrex Pref on a given historical date. On July 10, 2023 Cemtrex was worth 0.98 at the beginning of the trading date compared to the closed value of 0.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cemtrex Pref preferred stock. Still, in general, we apply an absolute valuation method to find Cemtrex Pref'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 Pref where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cemtrex Pref's related companies.
Open | High | Low | Close | Volume | |
0.99 | 1.00 | 0.96 | 0.98 | 1,029 | |
07/10/2023 | 0.98 | 0.98 | 0.91 | 0.98 | 1,432 |
1.00 | 1.00 | 0.90 | 1.00 | 643.00 |
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Cemtrex Pref Trading Date Momentum on July 10, 2023
On July 11 2023 Cemtrex Pref was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 0.90 . The daily volume was 643. The net trading volume on 07/11/2023 added to the next day price gain. The overall trading delta to closing price of the next trading day was 2.04% . The overall trading delta to current closing price is 10.20% . |
Cemtrex Pref Fundamentals Correlations and Trends
By evaluating Cemtrex Pref'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 Pref'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 Pref Preferred Stock history
Cemtrex Pref 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 Pref 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 Pref stock prices may prove useful in developing a viable investing in Cemtrex Pref
Cemtrex, Inc. operates as a technology company in the United States and internationally. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York. Cemtrex Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 344 people.
Cemtrex Pref Preferred Stock Technical Analysis
Cemtrex Pref technical preferred 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, delisted preferred stock market cycles, or different charting patterns.
Price Boundaries
Cemtrex Pref Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Cemtrex Pref 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 Pref December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Cemtrex Pref preferred 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 Pref shares will generate the highest return on investment. By undertsting and applying Cemtrex Pref preferred stock market strength indicators, traders can identify Cemtrex Pref entry and exit signals to maximize returns
Cemtrex Pref Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cemtrex Pref's price direction in advance. Along with the technical and fundamental analysis of Cemtrex Preferred 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 | 0.1132 | |||
Jensen Alpha | 0.947 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.1441 | |||
Treynor Ratio | (2.10) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Cemtrex Preferred Stock
If you are still planning to invest in Cemtrex Pref check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cemtrex Pref's history and understand the potential risks before investing.
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