Cartica Acquisition Corp Stock Market Value
| CITEU Stock | USD 11.43 0.00 0.00% |
| Symbol | Cartica |
Cartica Acquisition Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartica Acquisition. If investors know Cartica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartica Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Earnings Share (0.06) | Return On Assets (0.03) |
The market value of Cartica Acquisition Corp is measured differently than its book value, which is the value of Cartica that is recorded on the company's balance sheet. Investors also form their own opinion of Cartica Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cartica Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartica Acquisition's market value can be influenced by many factors that don't directly affect Cartica Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartica Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartica Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartica Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cartica Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cartica Acquisition's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cartica Acquisition.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Cartica Acquisition on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Cartica Acquisition Corp or generate 0.0% return on investment in Cartica Acquisition over 720 days. Cartica Acquisition is related to or competes with Blockchain Coinvestors. Cartica Acquisition Corp does not have any significant operations More
Cartica Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cartica Acquisition's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cartica Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.66 |
Cartica Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cartica Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cartica Acquisition's standard deviation. In reality, there are many statistical measures that can use Cartica Acquisition historical prices to predict the future Cartica Acquisition's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.1962 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cartica Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Cartica Acquisition Corp Backtested Returns
Cartica Acquisition Corp secures Sharpe Ratio (or Efficiency) of -0.0245, which signifies that the company had a -0.0245% return per unit of risk over the last 3 months. Cartica Acquisition Corp exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cartica Acquisition's Risk Adjusted Performance of (0.02), mean deviation of 0.1924, and Standard Deviation of 0.8741 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cartica Acquisition are expected to decrease at a much lower rate. During the bear market, Cartica Acquisition is likely to outperform the market. At this point, Cartica Acquisition Corp has a negative expected return of -0.0215%. Please make sure to confirm Cartica Acquisition's information ratio and rate of daily change , to decide if Cartica Acquisition Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Cartica Acquisition Corp has good predictability. Overlapping area represents the amount of predictability between Cartica Acquisition time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cartica Acquisition Corp price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Cartica Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Cartica Acquisition Corp lagged returns against current returns
Autocorrelation, which is Cartica Acquisition stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cartica Acquisition's stock expected returns. We can calculate the autocorrelation of Cartica Acquisition returns to help us make a trade decision. For example, suppose you find that Cartica Acquisition has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cartica Acquisition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cartica Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cartica Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cartica Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Cartica Acquisition Lagged Returns
When evaluating Cartica Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cartica Acquisition stock have on its future price. Cartica Acquisition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cartica Acquisition autocorrelation shows the relationship between Cartica Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Cartica Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.