Connectm Technology Solutions, Stock Price History

CNTM Stock  USD 0.91  0.01  1.09%   
If you're considering investing in ConnectM Stock, it is important to understand the factors that can impact its price. As of today, the current price of ConnectM Technology stands at 0.91, as last reported on the 21st of November, with the highest price reaching 1.00 and the lowest price hitting 0.90 during the day. As of now, ConnectM Stock is abnormally volatile. ConnectM Technology secures Sharpe Ratio (or Efficiency) of 0.018, which signifies that the company had a 0.018% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for ConnectM Technology Solutions,, which you can use to evaluate the volatility of the firm. Please confirm ConnectM Technology's Standard Deviation of 6.23, risk adjusted performance of (0.01), and Mean Deviation of 4.67 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, ConnectM Technology's Common Stock Shares Outstanding is very stable compared to the past year. As of the 21st of November 2024, Other Stockholder Equity is likely to grow to about 6.8 M, while Total Stockholder Equity is likely to drop about 49.7 M. . At this time, ConnectM Technology's Price To Sales Ratio is very stable compared to the past year. As of the 21st of November 2024, Price Sales Ratio is likely to grow to 19.10, while Price Earnings Ratio is likely to drop (8.97). ConnectM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.018

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Estimated Market Risk

 6.1
  actual daily
54
54% of assets are less volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average ConnectM Technology 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 ConnectM Technology by adding it to a well-diversified portfolio.
Book Value
(16.42)
Enterprise Value
25.4 M
Price Sales
1.19
Shares Float
1.2 M
Shares Outstanding
21.2 M

ConnectM Technology Stock Price History Chart

There are several ways to analyze ConnectM Stock price data. The simplest method is using a basic ConnectM candlestick price chart, which shows ConnectM Technology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 24, 20241.26
Lowest PriceNovember 12, 20240.77

ConnectM Technology November 21, 2024 Stock Price Synopsis

Various analyses of ConnectM Technology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ConnectM Stock. It can be used to describe the percentage change in the price of ConnectM Technology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ConnectM Stock.
ConnectM Technology Price Rate Of Daily Change 0.99 
ConnectM Technology Price Daily Balance Of Power(0.10)
ConnectM Technology Price Action Indicator(0.04)

ConnectM Technology November 21, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in ConnectM Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use ConnectM Technology intraday prices and daily technical indicators to check the level of noise trading in ConnectM Stock and then apply it to test your longer-term investment strategies against ConnectM.

ConnectM Stock Price History Data

The price series of ConnectM Technology for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 has a statistical range of 0.49 with a coefficient of variation of 12.49. The prices are distributed with arithmetic mean of 1.01. The median price for the last 90 days is 1.02. The company had 2:1 stock split on February 9, 2009.
OpenHighLowCloseVolume
11/21/2024
 0.90  1.00  0.90  0.91 
11/20/2024 0.90  1.00  0.90  0.91  32,627 
11/19/2024 1.03  1.04  0.90  0.92  115,129 
11/18/2024 0.96  1.05  0.93  1.00  301,754 
11/15/2024 0.85  0.97  0.85  0.96  111,296 
11/14/2024 0.87  0.92  0.83  0.92  85,694 
11/13/2024 0.77  0.87  0.75  0.84  114,138 
11/12/2024 0.74  0.79  0.73  0.77  94,134 
11/11/2024 0.81  0.82  0.76  0.79  57,842 
11/08/2024 0.82  0.82  0.80  0.81  39,151 
11/07/2024 0.80  0.89  0.80  0.82  66,711 
11/06/2024 0.84  0.88  0.80  0.82  41,265 
11/05/2024 0.82  0.83  0.80  0.80  62,752 
11/04/2024 0.84  0.89  0.82  0.82  91,209 
11/01/2024 0.92  0.97  0.82  0.84  51,546 
10/31/2024 0.92  0.95  0.85  0.85  199,917 
10/30/2024 0.96  0.98  0.91  0.94  105,692 
10/29/2024 0.99  1.01  0.95  0.97  77,740 
10/28/2024 1.01  1.05  0.99  0.99  88,438 
10/25/2024 1.03  1.04  1.00  1.02  56,541 
10/24/2024 1.13  1.17  1.03  1.04  320,829 
10/23/2024 1.08  1.10  1.04  1.08  71,200 
10/22/2024 1.03  1.08  1.02  1.08  148,375 
10/21/2024 1.12  1.18  1.04  1.05  270,060 
10/18/2024 1.12  1.15  1.07  1.13  252,456 
10/17/2024 1.12  1.15  1.04  1.14  297,019 
10/16/2024 1.10  1.14  1.04  1.12  191,171 
10/15/2024 1.05  1.11  1.02  1.07  113,504 
10/14/2024 1.11  1.11  1.02  1.05  173,783 
10/11/2024 1.19  1.19  1.10  1.13  324,951 
10/10/2024 1.16  1.20  1.13  1.18  376,369 
10/09/2024 1.04  1.15  1.04  1.12  160,531 
10/08/2024 1.00  1.10  1.00  1.05  101,545 
10/07/2024 1.05  1.09  1.00  1.06  114,100 
10/04/2024 0.92  1.07  0.92  1.06  183,880 
10/03/2024 1.01  1.01  0.91  0.91  101,238 
10/02/2024 1.07  1.07  0.93  1.00  230,243 
10/01/2024 1.20  1.24  0.99  1.01  524,978 
09/30/2024 1.18  1.19  1.12  1.15  127,599 
09/27/2024 1.23  1.25  1.15  1.18  203,763 
09/26/2024 1.23  1.35  1.20  1.24  550,674 
09/25/2024 1.25  1.30  1.06  1.14  296,657 
09/24/2024 1.15  1.45  1.10  1.26  1,448,193 
09/23/2024 1.14  1.16  1.07  1.07  144,438 
09/20/2024 1.08  1.23  1.08  1.12  736,619 
09/19/2024 1.10  1.15  1.07  1.09  266,491 
09/18/2024 1.12  1.14  1.07  1.07  159,797 
09/17/2024 1.12  1.16  1.10  1.13  162,886 
09/16/2024 1.13  1.23  1.10  1.11  247,458 
09/13/2024 1.16  1.20  1.09  1.13  210,174 
09/12/2024 1.14  1.21  1.06  1.09  151,030 
09/11/2024 1.17  1.23  1.06  1.14  265,104 
09/10/2024 1.17  1.26  1.11  1.16  220,594 
09/09/2024 1.07  1.26  1.05  1.21  401,498 
09/06/2024 1.01  1.03  0.95  1.02  156,970 
09/05/2024 0.93  1.00  0.88  1.00  94,732 
09/04/2024 0.89  0.95  0.85  0.95  157,210 
09/03/2024 0.88  0.92  0.87  0.90  129,439 
08/30/2024 0.90  0.92  0.88  0.88  134,568 
08/29/2024 0.84  0.88  0.72  0.86  142,396 
08/28/2024 0.88  0.88  0.80  0.81  315,674 

About ConnectM Technology Stock history

ConnectM Technology 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 ConnectM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ConnectM Technology 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 ConnectM Technology stock prices may prove useful in developing a viable investing in ConnectM Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.3 M12.1 M

ConnectM Technology Stock Technical Analysis

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

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ConnectM Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ConnectM Technology's price direction in advance. Along with the technical and fundamental analysis of ConnectM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ConnectM 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.
When determining whether ConnectM Technology is a strong investment it is important to analyze ConnectM Technology'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 ConnectM Technology's future performance. For an informed investment choice regarding ConnectM Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Technology Hardware, Storage & Peripherals space 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 ConnectM Technology. If investors know ConnectM 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 ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
12.644
Quarterly Revenue Growth
(0.06)
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology'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 ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology'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 ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology'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.