Cematrix Stock Price on September 27, 2024
CTXXF Stock | USD 0.20 0.01 4.76% |
If you're considering investing in CEMATRIX OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of CEMATRIX stands at 0.20, as last reported on the 1st of December, with the highest price reaching 0.20 and the lowest price hitting 0.20 during the day. CEMATRIX secures Sharpe Ratio (or Efficiency) of -0.0086, which signifies that the company had a -0.0086% return per unit of risk over the last 3 months. CEMATRIX exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CEMATRIX's risk adjusted performance of 0.0022, and Mean Deviation of 3.14 to double-check the risk estimate we provide.
CEMATRIX OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CEMATRIX |
Sharpe Ratio = -0.0086
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Negative Returns | CTXXF |
Estimated Market Risk
5.81 actual daily | 51 51% of assets are less volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CEMATRIX 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 CEMATRIX by adding CEMATRIX to a well-diversified portfolio.
CEMATRIX Valuation on September 27, 2024
It is possible to determine the worth of CEMATRIX on a given historical date. On September 27, 2024 CEMATRIX was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CEMATRIX otc stock. Still, in general, we apply an absolute valuation method to find CEMATRIX'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 CEMATRIX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CEMATRIX's related companies.
Open | High | Low | Close | Volume | |
0.19 | 0.19 | 0.19 | 0.19 | 1.00 | |
09/27/2024 | 0.19 | 0.19 | 0.18 | 0.19 | 23,272 |
0.19 | 0.20 | 0.18 | 0.20 | 1,000.00 |
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CEMATRIX Trading Date Momentum on September 27, 2024
On September 30 2024 CEMATRIX was traded for 0.20 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.18 . The daily volume was 1000. The net trading volume on 09/30/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 5.26% . The overall trading delta to current closing price is 21.05% . |
CEMATRIX Fundamentals Correlations and Trends
By evaluating CEMATRIX'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 CEMATRIX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CEMATRIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CEMATRIX OTC Stock history
CEMATRIX 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 CEMATRIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CEMATRIX 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 CEMATRIX stock prices may prove useful in developing a viable investing in CEMATRIX
CEMATRIX Corporation manufactures and supplies cellular concrete products for various applications in Canada and the United States. Its cellular concrete products are used in lightweight backfill for MSE walls, bridge approach backfill, roadways and runways, and slope stabilization insulation materials for oil and gas facility slabs, roadways, shallow utilities, and contaminated site remediation and tunnel grout, annular pipe grout, pipe abandonment, and flowable fills applications. Centrex Metals operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 53 people.
CEMATRIX OTC Stock Technical Analysis
CEMATRIX technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
CEMATRIX Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
CEMATRIX cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
CEMATRIX December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how CEMATRIX otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CEMATRIX shares will generate the highest return on investment. By undertsting and applying CEMATRIX otc stock market strength indicators, traders can identify CEMATRIX entry and exit signals to maximize returns
CEMATRIX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CEMATRIX's price direction in advance. Along with the technical and fundamental analysis of CEMATRIX OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CEMATRIX 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 | 0.0022 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (1.01) | |||
Treynor Ratio | 0.1578 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for CEMATRIX OTC Stock analysis
When running CEMATRIX's price analysis, check to measure CEMATRIX'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 CEMATRIX is operating at the current time. Most of CEMATRIX's value examination focuses on studying past and present price action to predict the probability of CEMATRIX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEMATRIX's price. Additionally, you may evaluate how the addition of CEMATRIX to your portfolios can decrease your overall portfolio volatility.
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