Canada Carbon Stock Price on December 30, 2024
| CCB Stock | CAD 0.02 0.01 100.00% |
If you're considering investing in Canada Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canada Carbon stands at 0.02, as last reported on the 3rd of January, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Canada Carbon is out of control given 3 months investment horizon. Canada Carbon secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.55% are justified by taking the suggested risk. Use Canada Carbon Risk Adjusted Performance of 0.1068, mean deviation of 14.17, and Standard Deviation of 29.68 to evaluate company specific risk that cannot be diversified away.
Canada Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canada |
Sharpe Ratio = 0.1197
| Best Portfolio | Best Equity | |||
| Good Returns | CCB | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 29.68 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.55 actual daily | 70 70% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Canada Carbon is performing at about 9% 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 Canada Carbon by adding it to a well-diversified portfolio.
Canada Carbon Valuation on December 30, 2024
It is possible to determine the worth of Canada Carbon on a given historical date. On December 30, 2024 Canada was worth 0.02 at the beginning of the trading date compared to the closed value of 0.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canada Carbon stock. Still, in general, we apply an absolute valuation method to find Canada Carbon'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 Canada Carbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canada Carbon's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.01 | 859,726 | |
12/30/2024 | 0.02 | 0.02 | 0.01 | 0.01 | 116,000 |
| 0.01 | 0.02 | 0.01 | 0.02 | 648,696 |
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Canada Carbon Trading Date Momentum on December 30, 2024
| On December 31 2024 Canada Carbon was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.01 . The daily volume was 648.7 K. The net trading volume on 12/31/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 100.00% . The overall trading delta to current closing price is 100.00% . |
Canada Carbon Fundamentals Correlations and Trends
By evaluating Canada Carbon'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 Canada Carbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canada financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canada Carbon Stock history
Canada Carbon 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 Canada is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canada Carbon 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 Canada Carbon stock prices may prove useful in developing a viable investing in Canada Carbon
Canada Carbon Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company was incorporated in 1985 and is headquartered in Vancouver, Canada. CANADA CARBON operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Canada Carbon Stock Technical Analysis
Canada Carbon 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.
Price Boundaries
Canada Carbon Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Canada Carbon cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Canada Carbon January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Canada Carbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canada Carbon shares will generate the highest return on investment. By undertsting and applying Canada Carbon stock market strength indicators, traders can identify Canada Carbon entry and exit signals to maximize returns
Canada Carbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canada Carbon's price direction in advance. Along with the technical and fundamental analysis of Canada Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canada 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 | 0.1068 | |||
| Jensen Alpha | 3.45 | |||
| Total Risk Alpha | 3.09 | |||
| Treynor Ratio | 0.4775 |
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Additional Tools for Canada Stock Analysis
When running Canada Carbon's price analysis, check to measure Canada Carbon'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 Canada Carbon is operating at the current time. Most of Canada Carbon's value examination focuses on studying past and present price action to predict the probability of Canada Carbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Carbon's price. Additionally, you may evaluate how the addition of Canada Carbon to your portfolios can decrease your overall portfolio volatility.