Canlan Ice Sports Stock Price on June 16, 2023

CNLFF Stock  USD 2.97  0.00  0.00%   
If you're considering investing in Canlan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canlan Ice stands at 2.97, as last reported on the 4th of December, with the highest price reaching 2.97 and the lowest price hitting 2.97 during the day. At this point, Canlan Ice is very steady. Canlan Ice Sports secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Canlan Ice Sports, which you can use to evaluate the volatility of the firm. Please confirm Canlan Ice's Standard Deviation of 0.1504, mean deviation of 0.0501, and Risk Adjusted Performance of 0.0903 to double-check if the risk estimate we provide is consistent with the expected return of 0.0271%.
  
Canlan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1759

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Estimated Market Risk

 0.15
  actual daily
1
99% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Canlan Ice is performing at about 13% 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 Canlan Ice by adding it to a well-diversified portfolio.

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Canlan Ice Valuation on June 16, 2023

It is possible to determine the worth of Canlan Ice on a given historical date. On June 16, 2023 Canlan was worth 2.81 at the beginning of the trading date compared to the closed value of 2.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canlan Ice pink sheet. Still, in general, we apply an absolute valuation method to find Canlan Ice'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 Canlan Ice where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canlan Ice's related companies.
 Open High Low Close Volume
  2.81    2.81    2.81    2.81    1.00  
06/16/2023
  2.81    2.81    2.81    2.81    1.00  
  2.81    2.81    2.81    2.81    1.00  
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Open Value
2.81
2.81
Closing Value
3.27
Upside

Canlan Ice Trading Date Momentum on June 16, 2023

On June 20 2023 Canlan Ice Sports was traded for  2.81  at the closing time. The highest daily price throughout the period was 2.81  and the lowest price was  2.81 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Canlan Ice Sports Fundamentals Correlations and Trends

By evaluating Canlan Ice'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 Canlan Ice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canlan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Canlan Ice Pink Sheet history

Canlan Ice 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 Canlan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canlan Ice Sports 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 Canlan Ice stock prices may prove useful in developing a viable investing in Canlan Ice
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd. Canlan ICE is traded on OTC Exchange in the United States.

Canlan Ice Pink Sheet Technical Analysis

Canlan Ice 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.
A focus of Canlan Ice technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canlan Ice trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Canlan Ice Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Canlan Ice Sports 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.

Canlan Ice December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Canlan Ice 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 Canlan Ice shares will generate the highest return on investment. By undertsting and applying Canlan Ice pink sheet market strength indicators, traders can identify Canlan Ice Sports entry and exit signals to maximize returns

Canlan Ice Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canlan Ice's price direction in advance. Along with the technical and fundamental analysis of Canlan Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canlan 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.

Complementary Tools for Canlan Pink Sheet analysis

When running Canlan Ice's price analysis, check to measure Canlan Ice'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 Canlan Ice is operating at the current time. Most of Canlan Ice's value examination focuses on studying past and present price action to predict the probability of Canlan Ice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canlan Ice's price. Additionally, you may evaluate how the addition of Canlan Ice to your portfolios can decrease your overall portfolio volatility.
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