Canadian Utilities Preferred Stock Forecast - Daily Balance Of Power

CU-PI Preferred Stock  CAD 24.76  0.11  0.45%   
Canadian Preferred Stock Forecast is based on your current time horizon.
  
On October 18, 2024 Canadian Utilities Ltd had Daily Balance Of Power of 0.5526. Balance of Power indicator (or BOP) measures the strength of Canadian Utilities Ltd market sensitivity to bulls and bears. It estimates the ability of Canadian Utilities buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Canadian Utilities Balance of Power indicator one can determine a trend of the price direction.
Check Canadian Utilities VolatilityBacktest Canadian UtilitiesTrend Details  

Canadian Utilities Trading Date Momentum

On October 21 2024 Canadian Utilities Ltd was traded for  24.35  at the closing time. The highest price during the trading period was 24.70  and the lowest recorded bid was listed for  24.35 . The volume for the day was 11.8 K. This history from October 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.34% . The overall trading delta to the current price is 1.09% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Canadian Utilities to competition

Other Forecasting Options for Canadian Utilities

For every potential investor in Canadian, whether a beginner or expert, Canadian Utilities' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canadian Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canadian. Basic forecasting techniques help filter out the noise by identifying Canadian Utilities' price trends.

Canadian Utilities 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 Utilities preferred stock to make a market-neutral strategy. Peer analysis of Canadian Utilities could also be used in its relative valuation, which is a method of valuing Canadian Utilities by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Canadian Utilities Technical and Predictive Analytics

The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Canadian Utilities' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Canadian Utilities' current price.

Canadian Utilities Market Strength Events

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

Canadian Utilities Risk Indicators

The analysis of Canadian Utilities' 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 Utilities' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canadian preferred 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.
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.

Additional Tools for Canadian Preferred Stock Analysis

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