Canada Nickel Stock Price on May 8, 2023
| CNC Stock | CAD 0.97 0.01 1.04% |
Below is the normalized historical share price chart for Canada Nickel extending back to July 20, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Canada Nickel stands at 0.97, as last reported on the 2nd of December, with the highest price reaching 0.98 and the lowest price hitting 0.96 during the day.
If you're considering investing in Canada Stock, it is important to understand the factors that can impact its price. At this stage we consider Canada Stock to be dangerous. Canada Nickel secures Sharpe Ratio (or Efficiency) of 0.0055, which signifies that the company had a 0.0055% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canada Nickel, which you can use to evaluate the volatility of the firm. Please confirm Canada Nickel's Mean Deviation of 1.76, risk adjusted performance of 0.0071, and Downside Deviation of 2.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.0137%.
At this time, Canada Nickel's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 14.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 114.3 M in 2024. . Price Earnings Ratio is likely to drop to -9.71 in 2024. Price Book Value Ratio is likely to drop to 1.02 in 2024. Canada Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.2233 | 50 Day MA 1.0447 | Beta 2.313 |
Canada |
Sharpe Ratio = 0.0055
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNC |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canada Nickel 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 Canada Nickel by adding Canada Nickel to a well-diversified portfolio.
Price Book 0.8724 | Book Value 1.112 | Enterprise Value 171 M | Enterprise Value Ebitda (95.68) | Shares Float 153.6 M |
Canada Nickel Valuation on May 8, 2023
It is possible to determine the worth of Canada Nickel on a given historical date. On May 8, 2023 Canada was worth 1.47 at the beginning of the trading date compared to the closed value of 1.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canada Nickel stock. Still, in general, we apply an absolute valuation method to find Canada Nickel'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 Nickel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canada Nickel's related companies.
| Open | High | Low | Close | Volume | |
| 1.47 | 1.49 | 1.45 | 1.47 | 134,165 | |
05/08/2023 | 1.47 | 1.58 | 1.46 | 1.58 | 184,200 |
| 1.56 | 1.61 | 1.52 | 1.61 | 188,370 |
| Backtest Canada Nickel | | | Canada Nickel History | | | Canada Nickel Valuation | Previous | Next |
Canada Nickel Trading Date Momentum on May 8, 2023
| On May 09 2023 Canada Nickel was traded for 1.61 at the closing time. The highest daily price throughout the period was 1.61 and the lowest price was 1.52 . The daily volume was 188.4 K. The net trading volume on 05/09/2023 added to the next day price increase. The overall trading delta to closing price of the next trading day was 1.90% . The overall trading delta to current closing price is 9.49% . |
Canada Nickel Fundamentals Correlations and Trends
By evaluating Canada Nickel'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 Nickel'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 Nickel Stock history
Canada Nickel 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 Nickel 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 Nickel stock prices may prove useful in developing a viable investing in Canada Nickel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 150.9 M | 109.7 M | |
| Net Loss | -5 M | -4.7 M |
Canada Nickel Stock Technical Analysis
Canada Nickel 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 Nickel Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Canada Nickel 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 Nickel December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Canada Nickel 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 Nickel shares will generate the highest return on investment. By undertsting and applying Canada Nickel stock market strength indicators, traders can identify Canada Nickel entry and exit signals to maximize returns
Canada Nickel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canada Nickel'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 | 0.0071 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0867 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Canada Stock Analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel'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 Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel'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 Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.