Cartica Acquisition Corp Stock Price on November 26, 2024
| CITEW Stock | USD 0.25 0.10 28.57% |
If you're considering investing in Cartica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cartica Acquisition stands at 0.25, as last reported on the 29th of November, with the highest price reaching 0.25 and the lowest price hitting 0.22 during the day. Cartica Acquisition is out of control given 3 months investment horizon. Cartica Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.69% are justified by taking the suggested risk. Use Cartica Acquisition Risk Adjusted Performance of 0.1357, mean deviation of 10.85, and Downside Deviation of 16.67 to evaluate company specific risk that cannot be diversified away.
At this time, Cartica Acquisition's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 42.4 M in 2024. . At this time, Cartica Acquisition's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 5.12 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (172.58) in 2024. Cartica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cartica |
Sharpe Ratio = 0.1475
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| Good Returns | CITEW | |||
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Estimated Market Risk
| 18.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.69 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Cartica Acquisition is performing at about 11% 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 Cartica Acquisition by adding it to a well-diversified portfolio.
Book Value (0.17) | Shares Float 2.2 M | Shares Short Prior Month 58.3 K | Shares Short 78.6 K |
Cartica Acquisition Valuation on November 26, 2024
It is possible to determine the worth of Cartica Acquisition on a given historical date. On November 26, 2024 Cartica was worth 0.34 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cartica Acquisition stock. Still, in general, we apply an absolute valuation method to find Cartica Acquisition'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 Cartica Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cartica Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.36 | 0.35 | 0.35 | 6,201 | |
11/26/2024 | 0.34 | 0.35 | 0.21 | 0.35 | 3,759 |
| 0.23 | 0.25 | 0.22 | 0.25 | 8,130 |
| Backtest Cartica Acquisition | | | Cartica Acquisition History | | | Cartica Acquisition Valuation | Previous | Next |
Cartica Acquisition Trading Date Momentum on November 26, 2024
| On November 27 2024 Cartica Acquisition Corp was traded for 0.25 at the closing time. The highest daily price throughout the period was 0.25 and the lowest price was 0.22 . The daily volume was 8.1 K. The net trading volume on 11/27/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 28.57% . The overall trading delta to current closing price is 34.29% . |
Cartica Acquisition Corp Fundamentals Correlations and Trends
By evaluating Cartica Acquisition'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 Cartica Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cartica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cartica Acquisition Stock history
Cartica Acquisition 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 Cartica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cartica Acquisition Corp 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 Cartica Acquisition stock prices may prove useful in developing a viable investing in Cartica Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.9 M | 20.4 M |
Cartica Acquisition Stock Technical Analysis
Cartica Acquisition 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
Cartica Acquisition Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Cartica Acquisition Corp 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.
Cartica Acquisition November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cartica Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cartica Acquisition shares will generate the highest return on investment. By undertsting and applying Cartica Acquisition stock market strength indicators, traders can identify Cartica Acquisition Corp entry and exit signals to maximize returns
Cartica Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cartica Acquisition's price direction in advance. Along with the technical and fundamental analysis of Cartica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cartica 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 | 0.1357 | |||
| Jensen Alpha | 2.16 | |||
| Total Risk Alpha | 0.2095 | |||
| Sortino Ratio | 0.1467 | |||
| Treynor Ratio | 0.7327 |
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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.