Canadian Natural Financials
| CRC Stock | EUR 28.44 0.32 1.11% |
Canadian |
Understanding current and past Canadian Natural Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canadian Natural's financial statements are interrelated, with each one affecting the others. For example, an increase in Canadian Natural's assets may result in an increase in income on the income statement.
Canadian Natural Stock Summary
Canadian Natural competes with Alibaba Group, ConocoPhillips, CNOOC, EOG Resources, and Canadian Natural. Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. CDN NAT operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA1363851017 |
| Business Address | 2100, 855-2nd Street |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.cnrl.com |
| Phone | 403 517 7345 |
| Currency | EUR - Euro |
You should never invest in Canadian Natural without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canadian Stock, because this is throwing your money away. Analyzing the key information contained in Canadian Natural's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canadian Natural Key Financial Ratios
There are many critical financial ratios that Canadian Natural's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canadian Natural Res reports annually and quarterly.Canadian Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Natural's current stock value. Our valuation model uses many indicators to compare Canadian Natural value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Natural competition to find correlations between indicators driving Canadian Natural's intrinsic value. More Info.Canadian Natural Resources is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.43 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canadian Natural Resources is roughly 2.31 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canadian Natural's earnings, one of the primary drivers of an investment's value.Canadian Natural Res Systematic Risk
Canadian Natural's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canadian Natural volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Canadian Natural Res correlated with the market. If Beta is less than 0 Canadian Natural generally moves in the opposite direction as compared to the market. If Canadian Natural Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian Natural Res is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian Natural is generally in the same direction as the market. If Beta > 1 Canadian Natural moves generally in the same direction as, but more than the movement of the benchmark.
Canadian Natural December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canadian Natural help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canadian Natural Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Natural Resources based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Natural's daily price indicators and compare them against related drivers.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.49 |
Complementary Tools for Canadian Stock analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural'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 Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
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