Chorus Aviation Stock Price on July 12, 2024
| CHR Stock | CAD 2.93 0.07 2.33% |
If you're considering investing in Chorus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chorus Aviation stands at 2.93, as last reported on the 11th of January 2025, with the highest price reaching 3.04 and the lowest price hitting 2.91 during the day. As of now, Chorus Stock is relatively risky. Chorus Aviation secures Sharpe Ratio (or Efficiency) of 0.0237, which signifies that the company had a 0.0237% return per unit of risk over the last 3 months. We have found thirty technical indicators for Chorus Aviation, which you can use to evaluate the volatility of the firm. Please confirm Chorus Aviation's Downside Deviation of 2.32, mean deviation of 1.69, and Risk Adjusted Performance of 0.0256 to double-check if the risk estimate we provide is consistent with the expected return of 0.0505%.
Chorus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chorus |
Sharpe Ratio = 0.0237
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Chorus Aviation is performing at about 1% 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 Chorus Aviation by adding it to a well-diversified portfolio.
Chorus Aviation Valuation on July 12, 2024
It is possible to determine the worth of Chorus Aviation on a given historical date. On July 12, 2024 Chorus was worth 2.56 at the beginning of the trading date compared to the closed value of 2.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chorus Aviation stock. Still, in general, we apply an absolute valuation method to find Chorus Aviation'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 Chorus Aviation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chorus Aviation's related companies.
| Open | High | Low | Close | Volume | |
| 2.53 | 2.64 | 2.53 | 2.57 | 403,826 | |
07/12/2024 | 2.56 | 2.70 | 2.56 | 2.66 | 440,102 |
| 2.63 | 2.73 | 2.63 | 2.71 | 325,078 |
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Chorus Aviation Trading Date Momentum on July 12, 2024
| On July 15 2024 Chorus Aviation was traded for 2.71 at the closing time. The maximum traded price for the trading interval was 2.73 and the lowest daily price was 2.63 . The daily volume was recorded at 325.1 K. The volume of trading on 15th of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.88% . The overall trading delta to the closing price today is 0.38% . |
Chorus Aviation Fundamentals Correlations and Trends
By evaluating Chorus Aviation'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 Chorus Aviation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chorus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chorus Aviation Stock history
Chorus Aviation 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 Chorus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chorus Aviation 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 Chorus Aviation stock prices may prove useful in developing a viable investing in Chorus Aviation
Chorus Aviation Inc., through its subsidiaries, engages in the airline business in Canada and the United States. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. CHORUS AVIATION operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. It employs 2164 people.
Chorus Aviation Stock Technical Analysis
Chorus Aviation 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
Chorus Aviation Period Price Range
Low | January 11, 2025
| High |
0.00 | 0.00 |
Chorus Aviation 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.
Chorus Aviation January 11, 2025 Market Strength
Market strength indicators help investors to evaluate how Chorus Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chorus Aviation shares will generate the highest return on investment. By undertsting and applying Chorus Aviation stock market strength indicators, traders can identify Chorus Aviation entry and exit signals to maximize returns
Chorus Aviation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chorus Aviation's price direction in advance. Along with the technical and fundamental analysis of Chorus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chorus 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 | 0.0256 | |||
| Jensen Alpha | 0.0435 | |||
| Total Risk Alpha | 0.071 | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | 0.1583 |
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Other Information on Investing in Chorus Stock
Chorus Aviation financial ratios help investors to determine whether Chorus 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 Chorus with respect to the benefits of owning Chorus Aviation security.