Canadian Western Bank Stock Price on June 7, 2023
CBWBF Stock | USD 40.19 0.95 2.31% |
If you're considering investing in Canadian Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Western stands at 40.19, as last reported on the 19th of December, with the highest price reaching 40.19 and the lowest price hitting 40.19 during the day. At this point, Canadian Western is very steady. Canadian Western Bank secures Sharpe Ratio (or Efficiency) of 0.0342, which signifies that the company had a 0.0342% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Canadian Western Bank, which you can use to evaluate the volatility of the firm. Please confirm Canadian Western's Mean Deviation of 0.3832, risk adjusted performance of 0.0297, and Standard Deviation of 1.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0405%.
Canadian Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = 0.0342
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Estimated Market Risk
1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Canadian Western is performing at about 2% 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 Canadian Western by adding it to a well-diversified portfolio.
Canadian Western Valuation on June 7, 2023
It is possible to determine the worth of Canadian Western on a given historical date. On June 7, 2023 Canadian was worth 17.58 at the beginning of the trading date compared to the closed value of 17.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Western pink sheet. Still, in general, we apply an absolute valuation method to find Canadian Western's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Canadian Western where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Western's related companies.
Open | High | Low | Close | Volume | |
18.43 | 18.43 | 18.18 | 18.18 | 1.00 | |
06/07/2023 | 17.58 | 17.58 | 17.56 | 17.56 | 1,901 |
17.56 | 17.56 | 17.56 | 17.56 | 6.00 |
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Canadian Western Trading Date Momentum on June 7, 2023
On June 08 2023 Canadian Western Bank was traded for 17.56 at the closing time. The highest daily price throughout the period was 17.56 and the lowest price was 17.56 . The daily volume was 6.0. The net trading volume on 06/08/2023 did not affect price variability. The overall trading delta to current closing price is 0.28% . |
Canadian Western Bank Fundamentals Correlations and Trends
By evaluating Canadian Western's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Canadian Western's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canadian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canadian Western Pink Sheet history
Canadian Western 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 Canadian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian Western Bank 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 Canadian Western stock prices may prove useful in developing a viable investing in Canadian Western
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada. Canadian Wstn operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 2674 people.
Canadian Western Pink Sheet Technical Analysis
Canadian Western technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Canadian Western Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Canadian Western Bank cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Canadian Western December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Western pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Western shares will generate the highest return on investment. By undertsting and applying Canadian Western pink sheet market strength indicators, traders can identify Canadian Western Bank entry and exit signals to maximize returns
Canadian Western Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Western's price direction in advance. Along with the technical and fundamental analysis of Canadian Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canadian 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.
Risk Adjusted Performance | 0.0297 | |||
Jensen Alpha | 0.0257 | |||
Total Risk Alpha | 9.0E-4 | |||
Treynor Ratio | 0.1837 |
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Complementary Tools for Canadian Pink Sheet analysis
When running Canadian Western's price analysis, check to measure Canadian Western'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 Western is operating at the current time. Most of Canadian Western's value examination focuses on studying past and present price action to predict the probability of Canadian Western'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 Western's price. Additionally, you may evaluate how the addition of Canadian Western to your portfolios can decrease your overall portfolio volatility.
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