Cartica Acquisition Corp Stock Price on November 18, 2024
| CITE Stock | USD 11.74 0.03 0.26% |
If you're considering investing in Cartica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cartica Acquisition stands at 11.74, as last reported on the 17th of December 2024, with the highest price reaching 11.76 and the lowest price hitting 11.73 during the day. At this point, Cartica Acquisition is very steady. Cartica Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cartica Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Cartica Acquisition's Coefficient Of Variation of 522.17, risk adjusted performance of 0.1192, and Mean Deviation of 0.1471 to double-check if the risk estimate we provide is consistent with the expected return of 0.0491%.
At present, Cartica Acquisition's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. . At present, Cartica Acquisition's Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 5.12, whereas Price To Operating Cash Flows Ratio is forecasted to decline to (172.58). Cartica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cartica |
Sharpe Ratio = 0.1933
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Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Cartica Acquisition is performing at about 15% 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 Cartica Acquisition by adding it to a well-diversified portfolio.
Price Book 6.294 | Book Value (0.17) | Enterprise Value 95.5 M | Enterprise Value Ebitda (54.49) | Shares Float 2.2 M |
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Cartica Acquisition Valuation on November 18, 2024
It is possible to determine the worth of Cartica Acquisition on a given historical date. On November 18, 2024 Cartica was worth 11.53 at the beginning of the trading date compared to the closed value of 11.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cartica Acquisition stock. Still, in general, we apply an absolute valuation method to find Cartica 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 Cartica Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cartica Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.57 | 11.57 | 11.55 | 11.55 | 100,842 | |
11/18/2024 | 11.53 | 11.57 | 11.53 | 11.56 | 7,691 |
| 11.56 | 11.57 | 11.56 | 11.56 | 78,732 |
| Backtest Cartica Acquisition | | | Cartica Acquisition History | | | Cartica Acquisition Valuation | Previous | Next |
Cartica Acquisition Trading Date Momentum on November 18, 2024
| On November 19 2024 Cartica Acquisition Corp was traded for 11.56 at the closing time. The top price for the day was 11.57 and the lowest listed price was 11.56 . The trading volume for the day was 78.7 K. The trading history from November 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.52% . |
Cartica Acquisition Corp Fundamentals Correlations and Trends
By evaluating Cartica 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 Cartica Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cartica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cartica Acquisition Stock history
Cartica 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 Cartica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cartica 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 Cartica Acquisition stock prices may prove useful in developing a viable investing in Cartica Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.9 M | 20.4 M | |
| Net Loss | -263.5 K | -276.7 K |
Cartica Acquisition Stock Technical Analysis
Cartica 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
Cartica Acquisition Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Cartica 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.
Cartica Acquisition December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Cartica 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 Cartica Acquisition shares will generate the highest return on investment. By undertsting and applying Cartica Acquisition stock market strength indicators, traders can identify Cartica Acquisition Corp entry and exit signals to maximize returns
Cartica Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cartica Acquisition's price direction in advance. Along with the technical and fundamental analysis of Cartica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cartica 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 | 0.1192 | |||
| Jensen Alpha | 0.0382 | |||
| Total Risk Alpha | 0.0116 | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (3.99) |
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Complementary Tools for Cartica Stock analysis
When running Cartica Acquisition's price analysis, check to measure Cartica 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 Cartica Acquisition is operating at the current time. Most of Cartica Acquisition's value examination focuses on studying past and present price action to predict the probability of Cartica 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 Cartica Acquisition's price. Additionally, you may evaluate how the addition of Cartica Acquisition to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |