Cactus Acquisition Corp Stock Beta
| CCTS Stock | USD 11.39 0.00 0.00% |
Cactus Acquisition Corp fundamentals help investors to digest information that contributes to Cactus Acquisition's financial success or failures. It also enables traders to predict the movement of Cactus Stock. The fundamental analysis module provides a way to measure Cactus Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cactus Acquisition stock.
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Cactus Acquisition Corp Company Beta Analysis
Cactus Acquisition's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Cactus Acquisition Beta | 0.006 |
Most of Cactus Acquisition's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cactus Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cactus Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Cactus Acquisition is extremely important. It helps to project a fair market value of Cactus Stock properly, considering its historical fundamentals such as Beta. Since Cactus Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cactus Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cactus Acquisition's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Cactus Acquisition Corp has a Beta of 0.006. This is 99.27% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States stocks is 104.0% lower than that of the firm.
Cactus Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cactus Acquisition's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cactus Acquisition could also be used in its relative valuation, which is a method of valuing Cactus Acquisition by comparing valuation metrics of similar companies.Cactus Acquisition is currently under evaluation in beta category among its peers.
Cactus Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cactus Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cactus Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Cactus Acquisition Institutional Holders
Institutional Holdings refers to the ownership stake in Cactus Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cactus Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cactus Acquisition's value.| Shares | Rivernorth Capital Management, Llc | 2024-09-30 | 700 K | 683 Capital Management Llc | 2024-09-30 | 450 K | Kepos Capital Lp | 2024-09-30 | 200 K | Highbridge Capital Management, Llc | 2024-09-30 | 199.9 K | Berkley W R Corp | 2024-09-30 | 181.9 K | Fir Tree Inc | 2024-09-30 | 60.6 K | Warberg Asset Management Llc | 2024-09-30 | 23.3 K | Clear Street Llc | 2024-06-30 | 15.2 K | Tower Research Capital Llc | 2024-09-30 | 449 | First Trust Capital Management L.p. | 2024-09-30 | 0.0 | Virtu Financial Llc | 2024-06-30 | 0.0 |
As returns on the market increase, Cactus Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cactus Acquisition is expected to be smaller as well.
Cactus Fundamentals
| Return On Asset | -0.0237 | ||||
| Current Valuation | 58.75 M | ||||
| Shares Outstanding | 5.07 M | ||||
| Shares Owned By Insiders | 56.99 % | ||||
| Shares Owned By Institutions | 36.75 % | ||||
| Number Of Shares Shorted | 2.96 K | ||||
| Price To Book | 2.76 X | ||||
| EBITDA | 1.56 M | ||||
| Net Income | 1.56 M | ||||
| Cash And Equivalents | 537 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 570 K | ||||
| Current Ratio | 5.45 X | ||||
| Book Value Per Share | (0.14) X | ||||
| Cash Flow From Operations | 2.25 M | ||||
| Short Ratio | 1.77 X | ||||
| Earnings Per Share | 0.39 X | ||||
| Beta | 0.006 | ||||
| Market Capitalization | 66.43 M | ||||
| Total Asset | 21.24 M | ||||
| Retained Earnings | (5.47 M) | ||||
| Working Capital | (1.04 M) | ||||
| Net Asset | 21.24 M |
About Cactus Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cactus Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cactus Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cactus Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional 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.