Cartesian Growth Stock Price on November 26, 2024
| RENEW Stock | USD 126.67 0.13 0.10% |
Below is the normalized historical share price chart for Cartesian Growth extending back to December 31, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cartesian Growth stands at 126.67, as last reported on the 1st of December, with the highest price reaching 127.15 and the lowest price hitting 126.44 during the day.
If you're considering investing in Cartesian Stock, it is important to understand the factors that can impact its price. Cartesian Growth secures Sharpe Ratio (or Efficiency) of -0.0925, which signifies that the company had a -0.0925% return per unit of risk over the last 3 months. Cartesian Growth exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cartesian Growth's Mean Deviation of 0.6747, standard deviation of 1.01, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 138.4 M in 2024. Common Stock Shares Outstanding is likely to drop to about 22.8 M in 2024. At this time, Cartesian Growth's Price Earnings Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 2.57 in 2024, whereas Price Book Value Ratio is likely to drop 1.85 in 2024. Cartesian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of July 2022 | 200 Day MA 127.2523 | 50 Day MA 130.8926 | Beta (0.02) |
Cartesian |
Sharpe Ratio = -0.0925
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| Negative Returns | RENEW |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cartesian Growth 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 Cartesian Growth by adding Cartesian Growth to a well-diversified portfolio.
Book Value (0.86) | Shares Float 15.9 M | Shares Short Prior Month 601 | Shares Short 601 |
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Cartesian Growth Valuation on November 26, 2024
It is possible to determine the worth of Cartesian Growth on a given historical date. On November 26, 2024 Cartesian was worth 125.04 at the beginning of the trading date compared to the closed value of 124.37. 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 | |
| 124.19 | 125.77 | 124.01 | 125.17 | 501.00 | |
11/26/2024 | 125.04 | 125.37 | 124.28 | 124.37 | 1.00 |
| 124.75 | 126.60 | 124.37 | 126.54 | 1,233 |
| Backtest Cartesian Growth | | | Cartesian Growth History | | | Cartesian Growth Valuation | Previous | Next |
Cartesian Growth Trading Date Momentum on November 26, 2024
| On November 27 2024 Cartesian Growth was traded for 126.54 at the closing time. The highest daily price throughout the period was 126.60 and the lowest price was 124.37 . The daily volume was 1.2 K. The net trading volume on 11/27/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 1.74% . The overall trading delta to current closing price is 2.22% . |
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 |
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 | December 1, 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 December 1, 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 | (0.06) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.3263 |
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Additional 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.