Cartesian Growth Stock Market Value
| RENE Stock | USD 11.22 0.01 0.09% |
| Symbol | Cartesian |
Is Cartesian Growth'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 Cartesian Growth. If investors know Cartesian 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 Cartesian Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cartesian Growth is measured differently than its book value, which is the value of Cartesian that is recorded on the company's balance sheet. Investors also form their own opinion of Cartesian Growth's value that differs from its market value or its book value, called intrinsic value, which is Cartesian Growth'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 Cartesian Growth's market value can be influenced by many factors that don't directly affect Cartesian Growth'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 Cartesian Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartesian Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartesian Growth'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.
Cartesian Growth '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 Cartesian Growth'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 Cartesian Growth.
| 04/14/2024 |
| 05/14/2024 |
If you would invest 0.00 in Cartesian Growth on April 14, 2024 and sell it all today you would earn a total of 0.00 from holding Cartesian Growth or generate 0.0% return on investment in Cartesian Growth over 30 days. Cartesian Growth is related to or competes with Compass Digital, 10X Capital, Direct Selling, and DT Cloud. More
Cartesian Growth 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 Cartesian Growth'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 Cartesian Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.19 | |||
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 0.6319 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.1807 |
Cartesian Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cartesian Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cartesian Growth's standard deviation. In reality, there are many statistical measures that can use Cartesian Growth historical prices to predict the future Cartesian Growth's volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 0.0119 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cartesian Growth'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.
Cartesian Growth Backtested Returns
We consider Cartesian Growth 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-six technical indicators for Cartesian Growth, which you can use to evaluate the volatility of the firm. Please confirm Cartesian Growth's Coefficient Of Variation of 565.1, risk adjusted performance of 0.062, and Mean Deviation of 0.074 to double-check if the risk estimate we provide is consistent with the expected return of 0.0232%. Cartesian Growth has a performance score of 17 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0413, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cartesian Growth are expected to decrease at a much lower rate. During the bear market, Cartesian Growth is likely to outperform the market. Cartesian Growth right now shows a risk of 0.1%. Please confirm Cartesian Growth potential upside, as well as the relationship between the skewness and day median price , to decide if Cartesian Growth will be following its price patterns.
Auto-correlation | 0.72 |
Good predictability
Cartesian Growth has good predictability. Overlapping area represents the amount of predictability between Cartesian Growth time series from 14th of April 2024 to 29th of April 2024 and 29th of April 2024 to 14th of May 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 Cartesian Growth price movement. The serial correlation of 0.72 indicates that around 72.0% of current Cartesian Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cartesian Growth lagged returns against current returns
Autocorrelation, which is Cartesian Growth 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 Cartesian Growth's stock expected returns. We can calculate the autocorrelation of Cartesian Growth returns to help us make a trade decision. For example, suppose you find that Cartesian Growth 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 |
Cartesian Growth 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 Cartesian Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cartesian Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cartesian Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Cartesian Growth Lagged Returns
When evaluating Cartesian Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cartesian Growth stock have on its future price. Cartesian Growth 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, Cartesian Growth autocorrelation shows the relationship between Cartesian Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Cartesian Growth.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cartesian Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cartesian Growth's short interest history, or implied volatility extrapolated from Cartesian Growth options trading.
Currently Active Assets on Macroaxis
When determining whether Cartesian Growth is a strong investment it is important to analyze Cartesian Growth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cartesian Growth's future performance. For an informed investment choice regarding Cartesian Stock, refer to the following important reports:Check out Cartesian Growth Correlation, Cartesian Growth Volatility and Cartesian Growth Alpha and Beta module to complement your research on Cartesian Growth. For information on how to trade Cartesian Stock refer to our How to Trade Cartesian Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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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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.