Cactus Inc Stock Price on December 23, 2024

WHD Stock  USD 57.35  0.57  1.00%   
Below is the normalized historical share price chart for Cactus Inc extending back to February 08, 2018. 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 Cactus stands at 57.35, as last reported on the 25th of December, with the highest price reaching 57.42 and the lowest price hitting 56.08 during the day.
IPO Date
8th of February 2018
200 Day MA
56.6768
50 Day MA
63.281
Beta
1.952
 
Covid
If you're considering investing in Cactus Stock, it is important to understand the factors that can impact its price. At this point, Cactus is very steady. Cactus Inc secures Sharpe Ratio (or Efficiency) of 0.0206, which signifies that the company had a 0.0206% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Cactus Inc, which you can use to evaluate the volatility of the firm. Please confirm Cactus' risk adjusted performance of (0.02), and Mean Deviation of 1.78 to double-check if the risk estimate we provide is consistent with the expected return of 0.0513%.
  
At present, Cactus' Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 488.3 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 790.6 M. . At present, Cactus' Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 3.56, whereas Price To Free Cash Flows Ratio is forecasted to decline to 9.41. Cactus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0206

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Estimated Market Risk

 2.49
  actual daily
22
78% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Cactus is performing at about 1% 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 by adding it to a well-diversified portfolio.
Price Book
3.7733
Enterprise Value Ebitda
9.681
Price Sales
3.3753
Shares Float
66.2 M
Dividend Share
0.49

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Cactus Valuation on December 23, 2024

It is possible to determine the worth of Cactus on a given historical date. On December 23, 2024 Cactus was worth 56.66 at the beginning of the trading date compared to the closed value of 56.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cactus stock. Still, in general, we apply an absolute valuation method to find Cactus' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cactus' related companies.
 Open High Low Close Volume
  56.05    57.36    55.83    56.69    2,006,479  
12/23/2024
  56.66    57.02    55.96    56.78    564,355  
  57.10    57.42    56.08    57.35    165,620  
Backtest Cactus  |  Cactus History  |  Cactus Valuation   PreviousNext  
Open Value
56.66
56.78
Closing Value
64.13
Upside

Cactus Trading Date Momentum on December 23, 2024

On December 24 2024 Cactus Inc was traded for  57.35  at the closing time. Highest Cactus's price during the trading hours was 57.42  and the lowest price during the day was  56.08 . The net volume was 165.6 K. The overall trading history on the 24th of December contributed to the next trading period price growth. The trading price change to the next next day price was 1.00% . The overall trading delta to current price is 0.56% .

Cactus Inc Fundamentals Correlations and Trends

By evaluating Cactus' 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' 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 Stock history

Cactus 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 Inc 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 stock prices may prove useful in developing a viable investing in Cactus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding79.5 M71.7 M
Net Income Applicable To Common Shares126.7 M133 M

Cactus Quarterly Net Working Capital

490.4 Million

Cactus Stock Technical Analysis

Cactus 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 Cactus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cactus 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

Cactus Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

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Cactus Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Cactus December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Cactus 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 shares will generate the highest return on investment. By undertsting and applying Cactus stock market strength indicators, traders can identify Cactus Inc entry and exit signals to maximize returns

Cactus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cactus' 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.

Complementary Tools for Cactus Stock analysis

When running Cactus' price analysis, check to measure Cactus' 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 is operating at the current time. Most of Cactus' value examination focuses on studying past and present price action to predict the probability of Cactus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus' price. Additionally, you may evaluate how the addition of Cactus to your portfolios can decrease your overall portfolio volatility.
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