Canadian Utilities Ltd Preferred Stock Price on November 5, 2024
| CU-PI Preferred Stock | CAD 24.76 0.11 0.45% |
If you're considering investing in Canadian Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Utilities stands at 24.76, as last reported on the 22nd of December, with the highest price reaching 24.82 and the lowest price hitting 24.68 during the day. Currently, Canadian Utilities Ltd is very steady. Canadian Utilities secures Sharpe Ratio (or Efficiency) of 0.0636, which signifies that the company had a 0.0636% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Utilities Ltd, which you can use to evaluate the volatility of the firm. Please confirm Canadian Utilities' Mean Deviation of 0.4148, downside deviation of 0.649, and Risk Adjusted Performance of 0.0318 to double-check if the risk estimate we provide is consistent with the expected return of 0.0397%.
Canadian Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = 0.0636
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Canadian Utilities is performing at about 5% 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 Utilities by adding it to a well-diversified portfolio.
Canadian Utilities Valuation on November 5, 2024
It is possible to determine the worth of Canadian Utilities on a given historical date. On November 5, 2024 Canadian was worth 24.12 at the beginning of the trading date compared to the closed value of 24.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Utilities preferred stock. Still, in general, we apply an absolute valuation method to find Canadian Utilities' 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 Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Utilities' related companies.
| Open | High | Low | Close | Volume | |
| 24.07 | 24.17 | 24.07 | 24.17 | 2,700 | |
11/05/2024 | 24.12 | 24.12 | 24.08 | 24.08 | 2,200 |
| 24.07 | 24.37 | 24.07 | 24.37 | 3,400 |
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Canadian Utilities Trading Date Momentum on November 5, 2024
| On November 06 2024 Canadian Utilities Ltd was traded for 24.37 at the closing time. The highest price during the trading period was 24.37 and the lowest recorded bid was listed for 24.07 . The volume for the day was 3.4 K. This history from November 6, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the current price is 1.74% . |
Canadian Utilities Fundamentals Correlations and Trends
By evaluating Canadian Utilities' 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 Utilities' 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 Utilities Preferred Stock history
Canadian Utilities 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 Utilities 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 Utilities stock prices may prove useful in developing a viable investing in Canadian Utilities
Canadian Utilities Preferred Stock Technical Analysis
Canadian Utilities technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Canadian Utilities Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Canadian Utilities Ltd 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 Utilities December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Utilities preferred 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 Utilities shares will generate the highest return on investment. By undertsting and applying Canadian Utilities preferred stock market strength indicators, traders can identify Canadian Utilities Ltd entry and exit signals to maximize returns
Canadian Utilities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Utilities' price direction in advance. Along with the technical and fundamental analysis of Canadian Preferred 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 | 0.0318 | |||
| Jensen Alpha | 0.0117 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0691 |
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Additional Tools for Canadian Preferred Stock Analysis
When running Canadian Utilities' price analysis, check to measure Canadian Utilities' 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 Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.