Cineverse Corp Stock Price on December 20, 2024
| CNVS Stock | 3.82 0.30 8.52% |
Below is the normalized historical share price chart for Cineverse Corp extending back to November 10, 2003. 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 Cineverse Corp stands at 3.82, as last reported on the 23rd of December, with the highest price reaching 3.89 and the lowest price hitting 3.52 during the day.
If you're considering investing in Cineverse Stock, it is important to understand the factors that can impact its price. Cineverse Corp is relatively risky given 3 months investment horizon. Cineverse Corp secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.72% are justified by taking the suggested risk. Use Cineverse Corp Downside Deviation of 5.6, risk adjusted performance of 0.2564, and Mean Deviation of 5.87 to evaluate company specific risk that cannot be diversified away.
At this time, Cineverse Corp's Common Stock Shares Outstanding is comparatively stable compared to the past year. Capital Stock is likely to gain to about 4.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 451.5 M in 2024. . Price To Sales Ratio is likely to drop to 0.34 in 2024. Price Earnings Ratio is likely to gain to -0.78 in 2024. Cineverse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2023 | 200 Day MA 1.4775 | 50 Day MA 2.9968 | Beta 1.483 |
Cineverse |
Sharpe Ratio = 0.3259
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Estimated Market Risk
| 8.35 actual daily | 74 74% of assets are less volatile |
Expected Return
| 2.72 actual daily | 54 54% of assets have lower returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Cineverse Corp is performing at about 25% 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 Cineverse Corp by adding it to a well-diversified portfolio.
Price Book 2.1348 | Enterprise Value Ebitda (4.64) | Price Sales 1.234 | Shares Float 11.8 M | Wall Street Target Price 7.5 |
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Cineverse Corp Valuation on December 20, 2024
It is possible to determine the worth of Cineverse Corp on a given historical date. On December 20, 2024 Cineverse was worth 3.29 at the beginning of the trading date compared to the closed value of 3.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cineverse Corp stock. Still, in general, we apply an absolute valuation method to find Cineverse Corp'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 Cineverse Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cineverse Corp's related companies.
| Open | High | Low | Close | Volume | |
| 3.44 | 3.50 | 3.25 | 3.41 | 135,513 | |
12/20/2024 | 3.29 | 3.56 | 3.16 | 3.52 | 131,191 |
| 3.52 | 3.89 | 3.52 | 3.82 | 195,998 |
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Cineverse Corp Trading Date Momentum on December 20, 2024
| On December 23 2024 Cineverse Corp was traded for 3.82 at the closing time. The top price for the day was 3.89 and the lowest listed price was 3.52 . The trading volume for the day was 196 K. The trading history from December 23, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 8.52% . The overall trading delta against the current closing price is 0.00% . |
Cineverse Corp Fundamentals Correlations and Trends
By evaluating Cineverse Corp'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 Cineverse Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cineverse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cineverse Corp Stock history
Cineverse Corp 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 Cineverse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cineverse 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 Cineverse Corp stock prices may prove useful in developing a viable investing in Cineverse Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.3 M | 15.7 M | |
| Net Income Applicable To Common Shares | 2 M | 2.1 M |
Cineverse Corp Stock Technical Analysis
Cineverse Corp 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
Cineverse Corp Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Cineverse Corp December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Cineverse Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cineverse Corp shares will generate the highest return on investment. By undertsting and applying Cineverse Corp stock market strength indicators, traders can identify Cineverse Corp entry and exit signals to maximize returns
Cineverse Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cineverse Corp's price direction in advance. Along with the technical and fundamental analysis of Cineverse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cineverse 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 | 0.2564 | |||
| Jensen Alpha | 2.56 | |||
| Total Risk Alpha | 2.34 | |||
| Sortino Ratio | 0.4553 | |||
| Treynor Ratio | 3.73 |
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Additional Tools for Cineverse Stock Analysis
When running Cineverse Corp's price analysis, check to measure Cineverse Corp'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 Cineverse Corp is operating at the current time. Most of Cineverse Corp's value examination focuses on studying past and present price action to predict the probability of Cineverse Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cineverse Corp's price. Additionally, you may evaluate how the addition of Cineverse Corp to your portfolios can decrease your overall portfolio volatility.