Cactus Acquisition Corp Stock Price on January 13, 2022
| CCTS Stock | USD 11.21 0.11 0.99% |
If you're considering investing in Cactus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cactus Acquisition stands at 11.21, as last reported on the 18th of April 2024, with the highest price reaching 11.21 and the lowest price hitting 11.21 during the day. We consider Cactus Acquisition very steady. Cactus Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0649, which signifies that the company had a 0.0649% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Cactus Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Cactus Acquisition's risk adjusted performance of 0.0399, and Mean Deviation of 0.2542 to double-check if the risk estimate we provide is consistent with the expected return of 0.043%.
Common Stock Shares Outstanding is likely to gain to about 5.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 14.9 M in 2024. . At this time, Cactus Acquisition's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 4,054 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.11) in 2024. Cactus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cactus |
Sharpe Ratio = 0.0649
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| Negative Returns | CCTS |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Cactus Acquisition is performing at about 5% 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 Cactus Acquisition by adding it to a well-diversified portfolio.
Price Book 2.9076 | Book Value (0.96) | Enterprise Value 57.3 M | Enterprise Value Ebitda (43.92) | Shares Float 806.9 K |
Cactus Acquisition Valuation on January 13, 2022
It is possible to determine the worth of Cactus Acquisition on a given historical date. On January 13, 2022 Cactus was worth 9.94 at the beginning of the trading date compared to the closed value of 9.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cactus Acquisition stock. Still, in general, we apply an absolute valuation method to find Cactus Acquisition'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 Cactus Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cactus Acquisition's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 9.94 | 9.94 | 9.94 | 9.94 | 1.00 |
| 9.96 | 9.96 | 9.96 | 9.96 | 5,600 |
| Backtest Cactus Acquisition | | | Cactus Acquisition History | | | Cactus Acquisition Valuation | Next |
Cactus Acquisition Trading Date Momentum on January 13, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Cactus Acquisition Corp Fundamentals Correlations and Trends
By evaluating Cactus Acquisition'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 Cactus Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cactus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cactus Acquisition Stock history
Cactus Acquisition 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 Cactus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cactus Acquisition Corp 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 Cactus Acquisition stock prices may prove useful in developing a viable investing in Cactus Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.5 B | 5.8 B | |
| Net Loss | -896.4 K | -941.2 K |
Cactus Acquisition Stock Technical Analysis
Cactus Acquisition 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
Cactus Acquisition Period Price Range
Low | April 4, 2022
| High |
9.94 | 9.94 |
Cactus Acquisition April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Cactus Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cactus Acquisition shares will generate the highest return on investment. By undertsting and applying Cactus Acquisition stock market strength indicators, traders can identify Cactus Acquisition Corp entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.94 | |||
| Day Typical Price | 9.94 | |||
| Period Momentum Indicator | 1.27 | |||
| Relative Strength Index | 37.92 |
Cactus Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cactus Acquisition's price direction in advance. Along with the technical and fundamental analysis of Cactus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cactus 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 | 0.0399 | |||
| Jensen Alpha | 0.034 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.38) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cactus Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Cactus Stock analysis
When running Cactus Acquisition's price analysis, check to measure Cactus 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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus 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 Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Cactus Acquisition's industry 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 Cactus Acquisition. If investors know Cactus 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 Cactus 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 0.064 | Earnings Share 0.36 | Return On Assets (0.01) |
The market value of Cactus Acquisition Corp is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cactus 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 Cactus Acquisition's market value can be influenced by many factors that don't directly affect Cactus 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 Cactus Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus 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.