Cathedra Bitcoin Stock Price on August 19, 2024

CBIT Stock   0.08  0.01  6.67%   
If you're considering investing in Cathedra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cathedra Bitcoin stands at 0.08, as last reported on the 29th of November, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day. At this stage we consider Cathedra Stock to be out of control. Cathedra Bitcoin secures Sharpe Ratio (or Efficiency) of 0.0033, which signifies that the company had a 0.0033% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cathedra Bitcoin, which you can use to evaluate the volatility of the firm. Please confirm Cathedra Bitcoin's Risk Adjusted Performance of 0.0124, mean deviation of 4.95, and Downside Deviation of 8.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.0222%.
  
At this time, Cathedra Bitcoin's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 245.9 M in 2024, whereas Capital Stock is likely to drop slightly above 33.1 M in 2024. . At this time, Cathedra Bitcoin's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.04 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (2.91). Cathedra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0033

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Estimated Market Risk

 6.75
  actual daily
60
60% of assets are less volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cathedra Bitcoin 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 Cathedra Bitcoin by adding Cathedra Bitcoin to a well-diversified portfolio.
Price Book
2.563
Enterprise Value Ebitda
7.665
Price Sales
1.4064
Shares Float
110.5 M
Earnings Share
(0.04)

Cathedra Bitcoin Main Headline on 19th of August 2024

Cathedra Bitcoin Announces Operations and Corporate Updates and Repricing of Warrants StockTitan

Cathedra Bitcoin Valuation on August 19, 2024

It is possible to determine the worth of Cathedra Bitcoin on a given historical date. On August 19, 2024 Cathedra was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathedra Bitcoin stock. Still, in general, we apply an absolute valuation method to find Cathedra Bitcoin'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 Cathedra Bitcoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathedra Bitcoin's related companies.
 Open High Low Close Volume
  0.12    0.13    0.11    0.12    485,262  
08/19/2024
  0.12    0.12    0.12    0.12    135,342  
  0.11    0.11    0.09    0.10    1,639,909  
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Open Value
0.12
0.12
Closing Value
20.38
Upside

Cathedra Bitcoin Trading Date Momentum on August 19, 2024

On August 20 2024 Cathedra Bitcoin was traded for  0.10  at the closing time. The maximum traded price for the trading interval was 0.11  and the lowest daily price was  0.09 . The daily volume was recorded at 1.6 M. The volume of trading on 20th of August 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 16.67% . The overall trading delta to the closing price today is 25.00% .

Cathedra Bitcoin Fundamentals Correlations and Trends

By evaluating Cathedra Bitcoin'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 Cathedra Bitcoin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathedra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cathedra Bitcoin Stock history

Cathedra Bitcoin 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 Cathedra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathedra Bitcoin 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 Cathedra Bitcoin stock prices may prove useful in developing a viable investing in Cathedra Bitcoin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding234.2 M245.9 M
Net Income Applicable To Common Shares1.7 M1.8 M

Cathedra Bitcoin Quarterly Net Working Capital

2.23 Million

Cathedra Bitcoin Stock Technical Analysis

Cathedra Bitcoin 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 Cathedra Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cathedra Bitcoin 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...

Price Boundaries

Cathedra Bitcoin Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cathedra Bitcoin cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Cathedra Bitcoin November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Cathedra Bitcoin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathedra Bitcoin shares will generate the highest return on investment. By undertsting and applying Cathedra Bitcoin stock market strength indicators, traders can identify Cathedra Bitcoin entry and exit signals to maximize returns

Cathedra Bitcoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cathedra Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Cathedra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathedra 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.

Additional Tools for Cathedra Stock Analysis

When running Cathedra Bitcoin's price analysis, check to measure Cathedra Bitcoin'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 Cathedra Bitcoin is operating at the current time. Most of Cathedra Bitcoin's value examination focuses on studying past and present price action to predict the probability of Cathedra Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathedra Bitcoin's price. Additionally, you may evaluate how the addition of Cathedra Bitcoin to your portfolios can decrease your overall portfolio volatility.