Cartica Acquisition Corp Stock Probability of Future Stock Price Finishing Over 11.75
| CITEU Stock | USD 11.43 0.00 0.00% |
Cartica |
Cartica Acquisition Target Price Odds to finish over 11.75
The tendency of Cartica Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 11.75 or more in 90 days |
| 11.43 | 90 days | 11.75 | about 8.24 |
Based on a normal probability distribution, the odds of Cartica Acquisition to move over $ 11.75 or more in 90 days from now is about 8.24 (This Cartica Acquisition Corp probability density function shows the probability of Cartica Stock to fall within a particular range of prices over 90 days) . Probability of Cartica Acquisition Corp price to stay between its current price of $ 11.43 and $ 11.75 at the end of the 90-day period is about 56.89 .
Assuming the 90 days horizon Cartica Acquisition Corp has a beta of -0.16 suggesting as returns on the benchmark increase, returns on holding Cartica Acquisition are expected to decrease at a much lower rate. During a bear market, however, Cartica Acquisition Corp is likely to outperform the market. Additionally Cartica Acquisition Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Cartica Acquisition Price Density |
| Price |
Predictive Modules for Cartica Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cartica Acquisition Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cartica 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.
Cartica Acquisition Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cartica Acquisition is not an exception. The market had few large corrections towards the Cartica Acquisition's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Cartica Acquisition Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cartica Acquisition within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.17 |
Cartica Acquisition Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cartica Acquisition for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cartica Acquisition Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cartica Acquisition generated a negative expected return over the last 90 days | |
| Cartica Acquisition has high likelihood to experience some financial distress in the next 2 years | |
| Cartica Acquisition Corp has accumulated about 1.62 M in cash with (1.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Cartica Acquisition has a frail financial position based on the latest SEC disclosures |
Cartica Acquisition Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cartica Stock often depends not only on the future outlook of the current and potential Cartica Acquisition's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cartica Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.9 M | |
| Cash And Short Term Investments | 8027.00 |
Cartica Acquisition Technical Analysis
Cartica Acquisition's future price can be derived by breaking down and analyzing its technical indicators over time. Cartica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cartica Acquisition Corp. In general, you should focus on analyzing Cartica Stock price patterns and their correlations with different microeconomic environments and drivers.
Cartica Acquisition Predictive Forecast Models
Cartica Acquisition's time-series forecasting models is one of many Cartica Acquisition's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Cartica Acquisition's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Cartica Acquisition Corp
Checking the ongoing alerts about Cartica Acquisition for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cartica Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cartica Acquisition generated a negative expected return over the last 90 days | |
| Cartica Acquisition has high likelihood to experience some financial distress in the next 2 years | |
| Cartica Acquisition Corp has accumulated about 1.62 M in cash with (1.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Cartica Acquisition has a frail financial position based on the latest SEC disclosures |
Additional Tools for Cartica Stock Analysis
When running Cartica Acquisition's price analysis, check to measure Cartica 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 Cartica Acquisition is operating at the current time. Most of Cartica Acquisition's value examination focuses on studying past and present price action to predict the probability of Cartica 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 Cartica Acquisition's price. Additionally, you may evaluate how the addition of Cartica Acquisition to your portfolios can decrease your overall portfolio volatility.