Cartesian Growth Stock Price on September 20, 2024

RENEW Stock  USD 124.94  0.70  0.56%   
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 124.94, as last reported on the 4th of December, with the highest price reaching 126.70 and the lowest price hitting 124.94 during the day.
IPO Date
5th of July 2022
200 Day MA
127.3145
50 Day MA
130.614
Beta
(0.02)
 
Yuan Drop
 
Covid
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 -0.13, which signifies that the company had a -0.13% 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 0.6872, standard deviation of 1.02, and Risk Adjusted Performance of (0.07) 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.

Sharpe Ratio = -0.1313

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 September 20, 2024

It is possible to determine the worth of Cartesian Growth on a given historical date. On September 20, 2024 Cartesian was worth 137.8 at the beginning of the trading date compared to the closed value of 137.89. 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
  140.12    140.29    137.40    137.65    700.00  
09/20/2024
  137.80    138.22    137.54    137.89    500.00  
  138.33    139.84    138.28    139.57    1.00  
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Open Value
137.8
134.73
Downside
137.89
Closing Value
140.87
Upside

Cartesian Growth Trading Date Momentum on September 20, 2024

On September 23 2024 Cartesian Growth was traded for  139.57  at the closing time. The highest daily price throughout the period was 139.84  and the lowest price was  138.28 . There was no trading activity during the period 1.0. Lack of trading volume on 09/23/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 1.22% . The overall trading delta to current closing price is 2.76% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding27.7 M22.8 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.
A focus of Cartesian Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cartesian Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cartesian Growth Period Price Range

Low
December 4, 2024
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High

 0.00 

     

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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 4, 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.

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.