Cactus Acquisition Corp Stock Market Value
| CCTS Stock | USD 11.39 0.00 0.00% |
| Symbol | Cactus |
Cactus Acquisition Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cactus Acquisition. If investors know Cactus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cactus Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share 0.39 | Return On Assets (0.02) |
The market value of Cactus Acquisition Corp is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cactus Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cactus Acquisition's market value can be influenced by many factors that don't directly affect Cactus Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cactus Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cactus Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cactus Acquisition's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cactus Acquisition.
| 04/21/2024 |
| 12/17/2024 |
If you would invest 0.00 in Cactus Acquisition on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding Cactus Acquisition Corp or generate 0.0% return on investment in Cactus Acquisition over 240 days. Cactus Acquisition Corp. 1 Limited does not have significant operations More
Cactus Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cactus Acquisition's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cactus Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.46 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 28.1 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.692 |
Cactus Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cactus Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cactus Acquisition's standard deviation. In reality, there are many statistical measures that can use Cactus Acquisition historical prices to predict the future Cactus Acquisition's volatility.| Risk Adjusted Performance | 0.0142 | |||
| Jensen Alpha | 0.114 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cactus Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cactus Acquisition Corp Backtested Returns
Currently, Cactus Acquisition Corp is somewhat reliable. Cactus Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.01, which signifies that the company had a 0.01% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Cactus Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Cactus Acquisition's mean deviation of 0.5956, and Risk Adjusted Performance of 0.0142 to double-check if the risk estimate we provide is consistent with the expected return of 0.026%. The firm shows a Beta (market volatility) of -1.32, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cactus Acquisition are expected to decrease by larger amounts. On the other hand, during market turmoil, Cactus Acquisition is expected to outperform it. Cactus Acquisition Corp right now shows a risk of 2.58%. Please confirm Cactus Acquisition Corp maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Cactus Acquisition Corp will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Cactus Acquisition Corp has virtually no predictability. Overlapping area represents the amount of predictability between Cactus Acquisition time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cactus Acquisition Corp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Cactus Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Cactus Acquisition Corp lagged returns against current returns
Autocorrelation, which is Cactus Acquisition stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cactus Acquisition's stock expected returns. We can calculate the autocorrelation of Cactus Acquisition returns to help us make a trade decision. For example, suppose you find that Cactus Acquisition has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cactus Acquisition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cactus Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cactus Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cactus Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Cactus Acquisition Lagged Returns
When evaluating Cactus Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cactus Acquisition stock have on its future price. Cactus Acquisition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cactus Acquisition autocorrelation shows the relationship between Cactus Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Cactus Acquisition Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Cactus Stock Analysis
When running Cactus Acquisition's price analysis, check to measure Cactus 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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus 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 Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.