Cathay Pacific Airways Stock Price on September 5, 2023
| CPCAY Stock | USD 5.86 0.04 0.68% |
If you're considering investing in Cathay Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cathay Pacific stands at 5.86, as last reported on the 24th of November, with the highest price reaching 5.86 and the lowest price hitting 5.86 during the day. Cathay Pacific appears to be somewhat reliable, given 3 months investment horizon. Cathay Pacific Airways 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-eight technical indicators for Cathay Pacific Airways, which you can use to evaluate the volatility of the firm. Please makes use of Cathay Pacific's Downside Deviation of 1.77, mean deviation of 1.3, and Risk Adjusted Performance of 0.1417 to double-check if our risk estimates are consistent with your expectations.
Cathay Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = 0.1589
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Cathay Pacific 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 Pacific by adding it to a well-diversified portfolio.
Cathay Pacific Valuation on September 5, 2023
It is possible to determine the worth of Cathay Pacific on a given historical date. On September 5, 2023 Cathay was worth 4.87 at the beginning of the trading date compared to the closed value of 5.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathay Pacific pink sheet. Still, in general, we apply an absolute valuation method to find Cathay Pacific'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 Pacific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathay Pacific's related companies.
| Open | High | Low | Close | Volume | |
| 4.99 | 4.99 | 4.99 | 4.99 | 288.00 | |
09/05/2023 | 4.87 | 5.01 | 4.87 | 5.01 | 3,188 |
| 4.74 | 4.74 | 4.74 | 4.74 | 118.00 |
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Cathay Pacific Trading Date Momentum on September 5, 2023
| On September 06 2023 Cathay Pacific Airways was traded for 4.74 at the closing time. The highest daily price throughout the period was 4.74 and the lowest price was 4.74 . The daily volume was 118. The net trading volume on 09/06/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.39% . The overall trading delta to current closing price is 4.59% . |
Cathay Pacific Airways Fundamentals Correlations and Trends
By evaluating Cathay Pacific'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 Pacific'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 Pacific Pink Sheet history
Cathay Pacific 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 Pacific Airways 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 Pacific stock prices may prove useful in developing a viable investing in Cathay Pacific
Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong. Cathay Pacific is traded on OTC Exchange in the United States.
Cathay Pacific Pink Sheet Technical Analysis
Cathay Pacific technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Cathay Pacific Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Cathay Pacific Airways cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Pacific November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathay Pacific pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Pacific shares will generate the highest return on investment. By undertsting and applying Cathay Pacific pink sheet market strength indicators, traders can identify Cathay Pacific Airways entry and exit signals to maximize returns
Cathay Pacific Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathay Pacific's price direction in advance. Along with the technical and fundamental analysis of Cathay Pink Sheet 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 | 0.1417 | |||
| Jensen Alpha | 0.3208 | |||
| Total Risk Alpha | 0.0252 | |||
| Sortino Ratio | 0.1044 | |||
| Treynor Ratio | (2.35) |
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Additional Tools for Cathay Pink Sheet Analysis
When running Cathay Pacific's price analysis, check to measure Cathay Pacific'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 Pacific is operating at the current time. Most of Cathay Pacific's value examination focuses on studying past and present price action to predict the probability of Cathay Pacific'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 Pacific's price. Additionally, you may evaluate how the addition of Cathay Pacific to your portfolios can decrease your overall portfolio volatility.