Canadian Natural (Germany) Price on September 10, 2024

CRC Stock  EUR 28.38  0.14  0.50%   
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Natural stands at 28.38, as last reported on the 27th of December, with the highest price reaching 28.40 and the lowest price hitting 28.24 during the day. Canadian Natural Res secures Sharpe Ratio (or Efficiency) of -0.0266, which signifies that the company had a -0.0266% return per unit of risk over the last 3 months. Canadian Natural Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Natural's Mean Deviation of 1.23, standard deviation of 1.54, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0266

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCRC

Estimated Market Risk

 1.42
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Canadian Natural 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 Canadian Natural by adding Canadian Natural to a well-diversified portfolio.

Canadian Natural Valuation on September 10, 2024

It is possible to determine the worth of Canadian Natural on a given historical date. On September 10, 2024 Canadian was worth 29.09 at the beginning of the trading date compared to the closed value of 28.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Natural stock. Still, in general, we apply an absolute valuation method to find Canadian Natural'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 Canadian Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Natural's related companies.
 Open High Low Close Volume
  28.81    29.27    28.81    29.27    50.00  
09/10/2024
  29.09    29.09    28.35    28.35    150.00  
  28.05    28.15    28.05    28.15    35.00  
Backtest Canadian Natural  |  Canadian Natural History  |  Canadian Natural Valuation   PreviousNext  
Open Value
29.09
28.35
Closing Value
33.34
Upside

Canadian Natural Trading Date Momentum on September 10, 2024

On September 11 2024 Canadian Natural Resources was traded for  28.15  at the closing time. The highest daily price throughout the period was 28.15  and the lowest price was  28.05 . The daily volume was 35.0. The net trading volume on 09/11/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.71% . The overall trading delta to current closing price is 4.13% .

Canadian Natural Res Fundamentals Correlations and Trends

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

About Canadian Natural Stock history

Canadian Natural 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 Canadian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian Natural Res 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 Canadian Natural stock prices may prove useful in developing a viable investing in Canadian Natural
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids . Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada. CDN NAT operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange.

Canadian Natural Stock Technical Analysis

Canadian Natural 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.
A focus of Canadian Natural technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Natural 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

Canadian Natural Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Canadian Natural Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Canadian Natural December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Canadian Natural stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Natural shares will generate the highest return on investment. By undertsting and applying Canadian Natural stock market strength indicators, traders can identify Canadian Natural Resources entry and exit signals to maximize returns

Canadian Natural Technical and Predictive Indicators

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

When running Canadian Natural's price analysis, check to measure Canadian Natural'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 Canadian Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments