Conifex Timber Stock Price on August 14, 2024
| CFF Stock | CAD 0.36 0.01 2.86% |
If you're considering investing in Conifex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Conifex Timber stands at 0.36, as last reported on the 11th of January 2025, with the highest price reaching 0.37 and the lowest price hitting 0.36 during the day. Conifex Timber secures Sharpe Ratio (or Efficiency) of -0.0364, which signifies that the company had a -0.0364% return per unit of risk over the last 3 months. Conifex Timber exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Conifex Timber's Mean Deviation of 4.21, standard deviation of 5.61, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Conifex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Conifex |
Sharpe Ratio = -0.0364
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Estimated Market Risk
| 5.61 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Conifex Timber is not performing at its full potential. However, 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 Conifex Timber by adding Conifex Timber to a well-diversified portfolio.
Conifex Timber Valuation on August 14, 2024
It is possible to determine the worth of Conifex Timber on a given historical date. On August 14, 2024 Conifex was worth 0.3 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Conifex Timber stock. Still, in general, we apply an absolute valuation method to find Conifex Timber'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 Conifex Timber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Conifex Timber's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.31 | 0.30 | 0.31 | 34,001 | |
08/14/2024 | 0.30 | 0.31 | 0.30 | 0.31 | 15,600 |
| 0.32 | 0.36 | 0.32 | 0.36 | 59,001 |
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Conifex Timber Trading Date Momentum on August 14, 2024
| On August 15 2024 Conifex Timber was traded for 0.36 at the closing time. The maximum traded price for the trading interval was 0.36 and the lowest daily price was 0.32 . The daily volume was recorded at 59 K. The volume of trading on 15th of August 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 16.13% . The overall trading delta to the closing price today is 29.03% . |
Conifex Timber Fundamentals Correlations and Trends
By evaluating Conifex Timber'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 Conifex Timber's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Conifex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Conifex Timber Stock history
Conifex Timber 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 Conifex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Conifex Timber 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 Conifex Timber stock prices may prove useful in developing a viable investing in Conifex Timber
Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. CONIFEX TIMBER operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 1149 people.
Conifex Timber Stock Technical Analysis
Conifex Timber 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
Conifex Timber Period Price Range
Low | January 11, 2025
| High |
0.00 | 0.00 |
Conifex Timber cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Conifex Timber January 11, 2025 Market Strength
Market strength indicators help investors to evaluate how Conifex Timber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Conifex Timber shares will generate the highest return on investment. By undertsting and applying Conifex Timber stock market strength indicators, traders can identify Conifex Timber entry and exit signals to maximize returns
Conifex Timber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Conifex Timber's price direction in advance. Along with the technical and fundamental analysis of Conifex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Conifex 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 | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.1613 |
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Other Information on Investing in Conifex Stock
Conifex Timber financial ratios help investors to determine whether Conifex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Conifex with respect to the benefits of owning Conifex Timber security.