Canadian Tire Stock Price on November 28, 2024
| CTC-A Stock | CAD 154.37 1.43 0.94% |
Below is the normalized historical share price chart for Canadian Tire extending back to March 17, 1980. 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 Canadian Tire stands at 154.37, as last reported on the 29th of November, with the highest price reaching 154.49 and the lowest price hitting 152.94 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Currently, Canadian Tire is very steady. Canadian Tire secures Sharpe Ratio (or Efficiency) of 0.0409, which signifies that the company had a 0.0409% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Canadian Tire, which you can use to evaluate the volatility of the firm. Please confirm Canadian Tire's Mean Deviation of 0.682, standard deviation of 0.933, and Risk Adjusted Performance of (0.01) to double-check if the risk estimate we provide is consistent with the expected return of 0.0378%.
At this time, Canadian Tire's Common Stock Shares Outstanding is comparatively stable compared to the past year. Capital Stock is likely to gain to about 652 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.7 B in 2024. . At this time, Canadian Tire's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 38.95 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 10.97 in 2024. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 144.1723 | 50 Day MA 155.6328 | Beta 1.329 |
Canadian |
Sharpe Ratio = 0.0409
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Canadian Tire is performing at about 3% 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 Canadian Tire by adding it to a well-diversified portfolio.
Price Book 1.4873 | Enterprise Value Ebitda 9.016 | Price Sales 0.539 | Shares Float 51 M | Dividend Share 7.025 |
Canadian Tire Valuation on November 28, 2024
It is possible to determine the worth of Canadian Tire on a given historical date. On November 28, 2024 Canadian was worth 153.18 at the beginning of the trading date compared to the closed value of 152.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Tire stock. Still, in general, we apply an absolute valuation method to find Canadian Tire'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 Tire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Tire's related companies.
| Open | High | Low | Close | Volume | |
| 152.25 | 154.29 | 151.97 | 153.25 | 212,815 | |
11/28/2024 | 153.18 | 153.77 | 152.43 | 152.94 | 60,200 |
| 153.12 | 154.49 | 152.94 | 154.37 | 190,879 |
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Canadian Tire Trading Date Momentum on November 28, 2024
| On November 29 2024 Canadian Tire was traded for 154.37 at the closing time. The highest price during the trading period was 154.49 and the lowest recorded bid was listed for 152.94 . The volume for the day was 190.9 K. This history from November 29, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.94% . The overall trading delta to the current price is 0.12% . |
Canadian Tire Fundamentals Correlations and Trends
By evaluating Canadian Tire'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 Tire'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 Tire Stock history
Canadian Tire 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 Tire 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 Tire stock prices may prove useful in developing a viable investing in Canadian Tire
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.5 M | 61.6 M | |
| Net Income Applicable To Common Shares | 1.2 B | 838.5 M |
Canadian Tire Quarterly Net Working Capital |
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Canadian Tire Stock Technical Analysis
Canadian Tire 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
Canadian Tire Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Canadian Tire 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.
Canadian Tire November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Tire 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 Tire shares will generate the highest return on investment. By undertsting and applying Canadian Tire stock market strength indicators, traders can identify Canadian Tire entry and exit signals to maximize returns
Canadian Tire Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Tire'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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.08) |
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Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire'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 Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.