Cathay Pacific Airways Stock Price on November 22, 2023
| CPCAF Stock | USD 1.01 0.00 0.00% |
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 1.01, as last reported on the 3rd of May, with the highest price reaching 1.01 and the lowest price hitting 1.01 during the day. Cathay Pacific Airways secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last @@bw1EO months. Cathay Pacific Airways exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cathay Pacific's Mean Deviation of 1.12, standard deviation of 2.76, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
Cathay Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathay |
Sharpe Ratio = -0.2085
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Estimated Market Risk
| 2.7 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathay Pacific 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 Cathay Pacific by adding Cathay Pacific to a well-diversified portfolio.
Cathay Pacific Valuation on November 22, 2023
It is possible to determine the worth of Cathay Pacific on a given historical date. On November 22, 2023 Cathay was worth 0.99 at the beginning of the trading date compared to the closed value of 0.99. 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 | |
| 0.99 | 0.99 | 0.99 | 0.99 | 1.00 | |
11/22/2023 | 0.99 | 0.99 | 0.99 | 0.99 | 1.00 |
| 0.99 | 0.99 | 0.99 | 0.99 | 1.00 |
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Cathay Pacific Trading Date Momentum on November 22, 2023
| On November 24 2023 Cathay Pacific Airways was traded for 0.99 at the closing time. The highest daily price throughout the period was 0.99 and the lowest price was 0.99 . There was no trading activity during the period 1.0. Lack of trading volume on 11/24/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
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 22, 2023
| High |
0.99 | 0.99 |
Cathay Pacific May 3, 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 | (0.14) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 1.66 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay Pacific Airways. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Cathay Pacific Airways information on this page should be used as a complementary analysis to other Cathay Pacific's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary 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.
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