Cartica Acquisition Corp Price on December 2, 2024
| CITEWDelisted Stock | USD 0.26 0.02 8.33% |
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 0.26, as last reported on the 22nd of January, with the highest price reaching 0.26 and the lowest price hitting 0.23 during the day. Cartica Acquisition is out of control given 3 months investment horizon. Cartica Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.18% are justified by taking the suggested risk. Use Cartica Acquisition Mean Deviation of 9.7, downside deviation of 16.05, and Risk Adjusted Performance of 0.0907 to evaluate company specific risk that cannot be diversified away.
Cartica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cartica |
Sharpe Ratio = 0.146
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Estimated Market Risk
| 14.9 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.18 actual daily | 43 57% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Cartica Acquisition is performing at about 11% 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.
Cartica Acquisition Valuation on December 2, 2024
It is possible to determine the worth of Cartica Acquisition on a given historical date. On December 2, 2024 Cartica was worth 0.29 at the beginning of the trading date compared to the closed value of 0.34. 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 | |
| 0.28 | 0.33 | 0.25 | 0.25 | 968.00 | |
12/02/2024 | 0.29 | 0.38 | 0.29 | 0.34 | 144,028 |
| 0.35 | 0.35 | 0.34 | 0.34 | 16,723 |
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Cartica Acquisition Trading Date Momentum on December 2, 2024
| On December 03 2024 Cartica Acquisition Corp was traded for 0.34 at the closing time. The highest daily price throughout the period was 0.35 and the lowest price was 0.34 . The daily volume was 16.7 K. The net trading volume on 12/03/2024 did not affect price variability. The overall trading delta to current closing price is 35.29% . |
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
It intends to identify and complete a business combination with a business combination partner focused on the technology firm in India. The company was incorporated in 2021 and is based in Washington, the District of Columbia. Cartica Acquisition is traded on NASDAQ Exchange in the United States.
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Cartica Acquisition Period Price Range
Low | January 22, 2025
| 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 January 22, 2025 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 | 0.0907 | |||
| Jensen Alpha | 1.42 | |||
| Total Risk Alpha | 0.9481 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | (7.80) |
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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 income. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Cartica Stock
If you are still planning to invest in Cartica Acquisition Corp 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 Cartica Acquisition's history and understand the potential risks before investing.
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