Cathay General Bancorp Stock Price on October 18, 2024
| CATY Stock | USD 53.85 1.04 1.97% |
Below is the normalized historical share price chart for Cathay General Bancorp extending back to December 14, 1990. 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 General stands at 53.85, as last reported on the 26th of November, with the highest price reaching 55.29 and the lowest price hitting 53.25 during the day.
If you're considering investing in Cathay Stock, it is important to understand the factors that can impact its price. Cathay General appears to be very steady, given 3 months investment horizon. Cathay General Bancorp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cathay General Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Cathay General's Mean Deviation of 1.45, downside deviation of 1.4, and Risk Adjusted Performance of 0.1123 to double-check if our risk estimates are consistent with your expectations.
At this time, Cathay General's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 24.2 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 59.9 M in 2024. . At this time, Cathay General's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.73 in 2024, whereas Price To Sales Ratio is likely to drop 3.66 in 2024. Cathay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of December 1990 | 200 Day MA 40.6118 | 50 Day MA 46.0818 | Beta 1.09 |
Cathay |
Sharpe Ratio = 0.155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CATY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Cathay General is performing at about 12% 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 General by adding it to a well-diversified portfolio.
Price Book 1.3546 | Price Sales 5.2975 | Shares Float 67.9 M | Dividend Share 1.36 | Wall Street Target Price 46.8 |
Cathay General Main Headline on 18th of October 2024
Higher costs and a huge jump in provisions are likely to have hurt COFs third-quarter 2024 earnings, while higher NII and fee income are likely to have aided.
Cathay General Valuation on October 18, 2024
It is possible to determine the worth of Cathay General on a given historical date. On October 18, 2024 Cathay was worth 46.68 at the beginning of the trading date compared to the closed value of 46.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay General stock. Still, in general, we apply an absolute valuation method to find Cathay General'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 Cathay General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay General's related companies.
| Open | High | Low | Close | Volume | |
| 45.67 | 46.70 | 45.46 | 46.61 | 281,611 | |
10/18/2024 | 46.68 | 46.68 | 45.95 | 46.04 | 201,215 |
| 46.03 | 46.03 | 44.40 | 44.59 | 362,427 |
| Backtest Cathay General | | | Cathay General History | | | Cathay General Valuation | Previous | Next |
Cathay General Trading Date Momentum on October 18, 2024
| On October 21 2024 Cathay General Bancorp was traded for 44.59 at the closing time. The top price for the day was 46.03 and the lowest listed price was 44.40 . The trading volume for the day was 362.4 K. The trading history from October 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.15% . The overall trading delta against the current closing price is 1.54% . |
Cathay General Bancorp Fundamentals Correlations and Trends
By evaluating Cathay General'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 Cathay General's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cathay General Stock history
Cathay General 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 General Bancorp 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 General stock prices may prove useful in developing a viable investing in Cathay General
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 72.9 M | 59.9 M | |
| Net Income Applicable To Common Shares | 414.7 M | 435.5 M |
Cathay General Stock Technical Analysis
Cathay General 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
Cathay General Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Cathay General Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Cathay General November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay General shares will generate the highest return on investment. By undertsting and applying Cathay General stock market strength indicators, traders can identify Cathay General Bancorp entry and exit signals to maximize returns
Cathay General Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay General'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 | 0.1123 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.1383 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Cathay Stock Analysis
When running Cathay General's price analysis, check to measure Cathay General'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 General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General'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 General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.