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.
200 Day MA
43.8282
50 Day MA
46.5782
Beta
0.627
 
Covid
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.

Sharpe Ratio = 0.125

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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 PriceOctober 8, 202454.75
Lowest PriceSeptember 23, 202432.8

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

When benchmark price declines in a down market, there may be an uptick in Cathay Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Cathay Biotech intraday prices and daily technical indicators to check the level of noise trading in Cathay Stock and then apply it to test your longer-term investment strategies against Cathay.

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.
OpenHighLowCloseVolume
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 ReportedProjected for Next Year
Common Stock Shares Outstanding583.4 M628.8 M

Cathay Biotech Quarterly Net Working Capital

4.37 Billion

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.
A focus of Cathay Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathay Biotech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.

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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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