Cartesian Growth Stock Price on September 27, 2023
| RENE Stock | USD 11.64 0.02 0.17% |
If you're considering investing in Cartesian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cartesian Growth stands at 11.64, as last reported on the 28th of November, with the highest price reaching 11.65 and the lowest price hitting 11.64 during the day. At this point, Cartesian Growth is very steady. Cartesian Growth secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cartesian Growth, which you can use to evaluate the volatility of the firm. Please confirm Cartesian Growth's Mean Deviation of 0.0888, risk adjusted performance of 0.1238, and Coefficient Of Variation of 469.49 to double-check if the risk estimate we provide is consistent with the expected return of 0.0354%.
As of November 28, 2024, Total Stockholder Equity is expected to decline to about 138.4 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 22.8 M. At present, Cartesian Growth's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. Cartesian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cartesian |
Sharpe Ratio = 0.2261
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| Negative Returns | RENE |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Cartesian Growth is performing at about 17% 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 Cartesian Growth by adding it to a well-diversified portfolio.
Price Book 0.9268 | Book Value (0.86) | Enterprise Value 156.8 M | Enterprise Value Ebitda (120.22) | Shares Float 15.9 M |
Cartesian Growth Valuation on September 27, 2023
It is possible to determine the worth of Cartesian Growth on a given historical date. On September 27, 2023 Cartesian was worth 10.8 at the beginning of the trading date compared to the closed value of 10.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cartesian Growth stock. Still, in general, we apply an absolute valuation method to find Cartesian Growth'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 Cartesian Growth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cartesian Growth's related companies.
| Open | High | Low | Close | Volume | |
| 10.87 | 10.88 | 10.79 | 10.88 | 455,300 | |
09/27/2023 | 10.80 | 10.81 | 10.80 | 10.80 | 2,800 |
| 10.87 | 10.87 | 10.85 | 10.86 | 1,700 |
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Cartesian Growth Trading Date Momentum on September 27, 2023
| On September 28 2023 Cartesian Growth was traded for 10.86 at the closing time. The top price for the day was 10.87 and the lowest listed price was 10.85 . The trading volume for the day was 1.7 K. The trading history from September 28, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.56% . The overall trading delta against the current closing price is 0.09% . |
Cartesian Growth Fundamentals Correlations and Trends
By evaluating Cartesian Growth'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 Cartesian Growth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cartesian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cartesian Growth Stock history
Cartesian Growth 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 Cartesian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cartesian Growth 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 Cartesian Growth stock prices may prove useful in developing a viable investing in Cartesian Growth
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.7 M | 22.8 M | |
| Net Loss | -13.4 K | -14.1 K |
Cartesian Growth Stock Technical Analysis
Cartesian Growth 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
Cartesian Growth Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Cartesian Growth 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.
Cartesian Growth November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cartesian Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cartesian Growth shares will generate the highest return on investment. By undertsting and applying Cartesian Growth stock market strength indicators, traders can identify Cartesian Growth entry and exit signals to maximize returns
Cartesian Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cartesian Growth's price direction in advance. Along with the technical and fundamental analysis of Cartesian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cartesian 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 | 0.1238 | |||
| Jensen Alpha | 0.0183 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | 0.567 |
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Complementary Tools for Cartesian Stock analysis
When running Cartesian Growth's price analysis, check to measure Cartesian Growth'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 Cartesian Growth is operating at the current time. Most of Cartesian Growth's value examination focuses on studying past and present price action to predict the probability of Cartesian Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cartesian Growth's price. Additionally, you may evaluate how the addition of Cartesian Growth to your portfolios can decrease your overall portfolio volatility.
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