Cathay Biotech (China) Price History
688065 Stock | 42.84 0.22 0.51% |
Below is the normalized historical share price chart for Cathay Biotech extending back to August 12, 2020. 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 Cathay Biotech stands at 42.84, as last reported on the 19th of December, with the highest price reaching 43.49 and the lowest price hitting 42.76 during the day.
If you're considering investing in Cathay Stock, it is important to understand the factors that can impact its price. Cathay Biotech appears to be not too volatile, given 3 months investment horizon. Cathay Biotech secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Cathay Biotech's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Cathay Biotech's Downside Deviation of 2.56, risk adjusted performance of 0.0912, and Mean Deviation of 2.59 to double-check if our risk estimates are consistent with your expectations.
The current year's Common Stock Shares Outstanding is expected to grow to about 628.8 M, whereas Total Stockholder Equity is forecasted to decline to about 10.5 B. . Cathay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 43.8282 | 50 Day MA 46.5782 | Beta 0.627 |
Cathay |
Sharpe Ratio = 0.125
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Small Returns | 688065 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.21 actual daily | 37 63% of assets are more volatile |
Expected Return
0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cathay Biotech is performing at about 9% 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 Cathay Biotech by adding it to a well-diversified portfolio.
Price Book 2.2061 | Enterprise Value Ebitda 45.825 | Price Sales 9.0427 | Shares Float 214.5 M | Dividend Share 0.19 |
Cathay Biotech Stock Price History Chart
There are several ways to analyze Cathay Stock price data. The simplest method is using a basic Cathay candlestick price chart, which shows Cathay Biotech price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 8, 2024 | 54.75 |
Lowest Price | September 23, 2024 | 32.8 |
Cathay Biotech December 19, 2024 Stock Price Synopsis
Various analyses of Cathay Biotech's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cathay Stock. It can be used to describe the percentage change in the price of Cathay Biotech from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cathay Stock.Cathay Biotech Accumulation Distribution | 30,889 | |
Cathay Biotech Price Daily Balance Of Power | (0.30) | |
Cathay Biotech Price Rate Of Daily Change | 0.99 | |
Cathay Biotech Price Action Indicator | (0.39) |
Cathay Biotech December 19, 2024 Stock Price Analysis
Cathay Stock Price History Data
The price series of Cathay Biotech for the period between Fri, Sep 20, 2024 and Thu, Dec 19, 2024 has a statistical range of 21.95 with a coefficient of variation of 12.46. The prices are distributed with arithmetic mean of 44.22. The median price for the last 90 days is 45.35. The company had 1.4:1 stock split on 20th of July 2022. Cathay Biotech issued dividends on 2024-07-24.Open | High | Low | Close | Volume | ||
12/18/2024 | 43.21 | 43.49 | 42.76 | 42.84 | 1,840,216 | |
12/17/2024 | 43.10 | 43.65 | 42.71 | 43.06 | 2,391,099 | |
12/16/2024 | 44.13 | 44.47 | 42.71 | 43.00 | 2,937,363 | |
12/13/2024 | 44.71 | 44.77 | 43.70 | 44.12 | 3,850,732 | |
12/12/2024 | 45.12 | 45.41 | 44.56 | 45.01 | 2,907,740 | |
12/11/2024 | 45.25 | 45.68 | 44.90 | 45.37 | 2,551,368 | |
12/10/2024 | 46.70 | 46.98 | 45.11 | 45.20 | 4,494,754 | |
12/09/2024 | 45.12 | 46.10 | 44.57 | 44.81 | 3,287,873 | |
12/06/2024 | 44.70 | 45.20 | 43.71 | 44.90 | 2,988,996 | |
12/05/2024 | 45.30 | 45.49 | 44.32 | 44.60 | 2,458,496 | |
12/04/2024 | 45.53 | 46.50 | 44.90 | 45.27 | 3,381,415 | |
12/03/2024 | 45.36 | 45.45 | 44.30 | 45.01 | 2,373,035 | |
12/02/2024 | 44.72 | 45.77 | 43.88 | 45.30 | 2,969,446 | |
11/29/2024 | 44.30 | 45.40 | 43.80 | 44.67 | 2,598,064 | |
11/28/2024 | 45.20 | 45.28 | 44.02 | 44.30 | 2,203,625 | |
11/27/2024 | 44.45 | 45.50 | 43.67 | 45.15 | 2,304,990 | |
11/26/2024 | 45.34 | 45.34 | 44.09 | 44.50 | 1,691,019 | |
11/25/2024 | 44.00 | 45.51 | 43.50 | 45.35 | 3,327,096 | |
11/22/2024 | 46.10 | 46.40 | 44.02 | 44.03 | 2,629,826 | |
11/21/2024 | 46.89 | 47.28 | 45.52 | 46.37 | 2,568,506 | |
11/20/2024 | 46.65 | 47.46 | 46.31 | 46.85 | 2,257,904 | |
11/19/2024 | 46.60 | 47.02 | 45.60 | 46.65 | 2,708,332 | |
11/18/2024 | 47.05 | 47.65 | 45.66 | 46.02 | 3,286,151 | |
11/15/2024 | 49.49 | 49.66 | 46.65 | 46.81 | 4,264,677 | |
11/14/2024 | 51.49 | 52.10 | 48.90 | 49.45 | 3,902,914 | |
11/13/2024 | 52.15 | 52.62 | 51.29 | 51.73 | 3,567,668 | |
11/12/2024 | 53.71 | 55.50 | 51.82 | 52.01 | 6,069,523 | |
11/11/2024 | 52.71 | 53.71 | 51.60 | 53.53 | 9,025,954 | |
11/08/2024 | 49.08 | 53.01 | 49.05 | 50.16 | 8,682,521 | |
11/07/2024 | 47.40 | 48.54 | 47.38 | 48.15 | 3,590,390 | |
11/06/2024 | 47.91 | 49.14 | 47.28 | 47.89 | 5,150,971 | |
11/05/2024 | 47.59 | 48.30 | 46.50 | 47.90 | 4,970,255 | |
11/04/2024 | 46.91 | 48.62 | 46.62 | 47.59 | 3,951,614 | |
11/01/2024 | 47.00 | 47.57 | 46.18 | 46.61 | 2,924,691 | |
10/31/2024 | 47.57 | 47.81 | 46.64 | 47.00 | 4,123,472 | |
10/30/2024 | 46.89 | 48.14 | 46.53 | 47.31 | 4,607,321 | |
10/29/2024 | 46.96 | 47.16 | 45.94 | 46.80 | 5,170,779 | |
10/28/2024 | 47.74 | 48.89 | 46.88 | 46.89 | 5,884,409 | |
10/25/2024 | 46.63 | 48.18 | 45.23 | 47.25 | 5,580,668 | |
10/24/2024 | 46.63 | 47.37 | 45.25 | 45.92 | 5,063,722 | |
10/23/2024 | 45.50 | 46.84 | 45.08 | 45.68 | 4,644,188 | |
10/22/2024 | 45.83 | 45.93 | 44.00 | 45.21 | 4,694,266 | |
10/21/2024 | 46.38 | 46.99 | 45.01 | 45.50 | 5,029,098 | |
10/18/2024 | 43.13 | 48.40 | 42.60 | 46.05 | 6,463,084 | |
10/17/2024 | 44.77 | 45.31 | 43.07 | 43.09 | 3,780,590 | |
10/16/2024 | 46.50 | 46.50 | 44.66 | 44.86 | 3,351,592 | |
10/15/2024 | 48.01 | 48.64 | 46.38 | 46.38 | 3,358,834 | |
10/14/2024 | 50.70 | 50.70 | 47.30 | 48.48 | 4,131,271 | |
10/11/2024 | 51.00 | 52.01 | 49.20 | 49.73 | 4,239,528 | |
10/10/2024 | 53.00 | 54.00 | 50.09 | 50.27 | 7,318,396 | |
10/09/2024 | 55.43 | 55.66 | 50.83 | 51.12 | 9,914,140 | |
10/08/2024 | 56.98 | 56.98 | 52.51 | 54.75 | 11,466,958 | |
09/30/2024 | 43.43 | 48.43 | 43.00 | 47.54 | 7,817,977 | |
09/27/2024 | 38.95 | 41.00 | 38.56 | 40.70 | 2,296,252 | |
09/26/2024 | 35.60 | 38.29 | 35.40 | 38.08 | 3,263,827 | |
09/25/2024 | 36.58 | 36.82 | 35.47 | 35.60 | 2,412,740 | |
09/24/2024 | 33.34 | 35.77 | 33.13 | 35.77 | 2,597,633 | |
09/23/2024 | 32.67 | 33.50 | 32.62 | 32.80 | 860,738 | |
09/20/2024 | 33.80 | 34.02 | 32.89 | 33.00 | 1,099,144 | |
09/19/2024 | 33.54 | 34.68 | 33.00 | 33.96 | 1,690,955 | |
09/18/2024 | 34.00 | 34.00 | 32.48 | 33.07 | 1,348,988 |
About Cathay Biotech Stock history
Cathay Biotech 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 Cathay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathay Biotech 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 Cathay Biotech stock prices may prove useful in developing a viable investing in Cathay Biotech
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 583.4 M | 628.8 M |
Cathay Biotech Quarterly Net Working Capital |
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Cathay Biotech Stock Technical Analysis
Cathay Biotech 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.
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Cathay Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Biotech's price direction in advance. Along with the technical and fundamental analysis of Cathay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathay 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 | 0.0912 | |||
Jensen Alpha | 0.4184 | |||
Total Risk Alpha | 0.3153 | |||
Sortino Ratio | 0.1538 | |||
Treynor Ratio | (1.33) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
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Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running Cathay Biotech's price analysis, check to measure Cathay Biotech'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 Cathay Biotech is operating at the current time. Most of Cathay Biotech's value examination focuses on studying past and present price action to predict the probability of Cathay Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Biotech's price. Additionally, you may evaluate how the addition of Cathay Biotech to your portfolios can decrease your overall portfolio volatility.
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