Cato Corporation Stock Price on November 22, 2024
| CATO Stock | USD 3.63 1.33 26.81% |
Below is the normalized historical share price chart for Cato Corporation extending back to April 22, 1987. 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 Cato stands at 3.63, as last reported on the 22nd of November, with the highest price reaching 4.37 and the lowest price hitting 3.35 during the day.
If you're considering investing in Cato Stock, it is important to understand the factors that can impact its price. Cato secures Sharpe Ratio (or Efficiency) of -0.0441, which signifies that the company had a -0.0441% return per unit of risk over the last 3 months. Cato Corporation exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cato's Mean Deviation of 2.65, downside deviation of 4.36, and Risk Adjusted Performance of 0.03 to double-check the risk estimate we provide.
At this time, Cato's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to grow to about 25.9 M, while Liabilities And Stockholders Equity is likely to drop about 413.9 M. . At this time, Cato's Price Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Fair Value is likely to grow to 3.08, while Price To Operating Cash Flows Ratio is likely to drop 9.96. Cato Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of April 1987 | 200 Day MA 5.5069 | 50 Day MA 5.4738 | Beta 1.11 |
Cato |
Sharpe Ratio = -0.0441
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CATO |
Estimated Market Risk
| 5.22 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cato is not performing at its full potential. However, 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 Cato by adding Cato to a well-diversified portfolio.
Price Book 0.6411 | Enterprise Value Ebitda 22.3766 | Price Sales 0.1503 | Shares Float 15.5 M | Dividend Share 0.68 |
Cato Valuation on November 22, 2024
It is possible to determine the worth of Cato on a given historical date. On November 22, 2024 Cato was worth 4.23 at the beginning of the trading date compared to the closed value of 3.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cato stock. Still, in general, we apply an absolute valuation method to find Cato'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 Cato where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cato's related companies.
| Open | High | Low | Close | Volume | |
| 5.50 | 5.50 | 4.73 | 4.96 | 212,270 | |
11/22/2024 | 4.23 | 4.37 | 3.35 | 3.63 | 954,742 |
| Backtest Cato | | | Cato History | | | Cato Valuation | Previous |
Cato Trading Date Momentum on November 22, 2024
| On November 22 2024 Cato Corporation was traded for 3.63 at the closing time. The top price for the day was 4.37 and the lowest listed price was 3.35 . The trading volume for the day was 954.7 K. The trading history from November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 16.53% . |
Cato Fundamentals Correlations and Trends
By evaluating Cato'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 Cato's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cato financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cato Stock history
Cato 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 Cato is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cato 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 Cato stock prices may prove useful in developing a viable investing in Cato
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.4 M | 25.9 M | |
| Net Income Applicable To Common Shares | 31.4 M | 31.8 M |
Cato Quarterly Net Working Capital |
|
Cato Stock Technical Analysis
Cato 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
Cato Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Cato Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cato November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Cato stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cato shares will generate the highest return on investment. By undertsting and applying Cato stock market strength indicators, traders can identify Cato Corporation entry and exit signals to maximize returns
Cato Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cato's price direction in advance. Along with the technical and fundamental analysis of Cato Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cato 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 | 0.03 | |||
| Jensen Alpha | 0.1149 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 9.0E-4 | |||
| Treynor Ratio | (0.88) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cato Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Specialty Retail 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 Cato. If investors know Cato 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 Cato 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 (0.90) | Dividend Share 0.68 | Earnings Share (0.89) | Revenue Per Share 35.031 | Quarterly Revenue Growth (0.08) |
The market value of Cato is measured differently than its book value, which is the value of Cato that is recorded on the company's balance sheet. Investors also form their own opinion of Cato's value that differs from its market value or its book value, called intrinsic value, which is Cato'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 Cato's market value can be influenced by many factors that don't directly affect Cato'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 Cato's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cato is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cato'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.