Canadian Solar Stock Forecast - Relative Strength Index
| L5A Stock | EUR 11.49 0.70 6.49% |
Canadian Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Canadian Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
Canadian |
| Check Canadian Solar Volatility | Backtest Canadian Solar | Information Ratio |
Canadian Solar Trading Date Momentum
| On January 02 2025 Canadian Solar was traded for 11.49 at the closing time. The highest daily price throughout the period was 11.49 and the lowest price was 10.66 . The daily volume was 2.9 K. The net trading volume on 01/02/2025 did not affect price variability. The overall trading delta to current closing price is 5.48% . |
Canadian Solar Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canadian Solar stock to make a market-neutral strategy. Peer analysis of Canadian Solar could also be used in its relative valuation, which is a method of valuing Canadian Solar by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canadian Solar Market Strength Events
Market strength indicators help investors to evaluate how Canadian Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Solar shares will generate the highest return on investment. By undertsting and applying Canadian Solar stock market strength indicators, traders can identify Canadian Solar entry and exit signals to maximize returns.
Canadian Solar Risk Indicators
The analysis of Canadian Solar's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Canadian Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canadian stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.0 | |||
| Standard Deviation | 5.56 | |||
| Variance | 30.95 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Canadian Stock
When determining whether Canadian Solar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Solar Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Solar Stock:Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.