Canadian Utilities Limited Stock Price on August 7, 2024
| CU Stock | CAD 35.94 0.08 0.22% |
Below is the normalized historical share price chart for Canadian Utilities Limited extending back to December 18, 1989. 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 Utilities stands at 35.94, as last reported on the 29th of November, with the highest price reaching 36.04 and the lowest price hitting 35.66 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. As of now, Canadian Stock is very steady. Canadian Utilities secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Canadian Utilities Limited, which you can use to evaluate the volatility of the firm. Please confirm Canadian Utilities' Mean Deviation of 0.6669, downside deviation of 0.8296, and Risk Adjusted Performance of 0.1161 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Canadian Utilities' Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Capital Stock is likely to grow to about 3 B, while Total Stockholder Equity is likely to drop about 4.7 B. . At this time, Canadian Utilities' Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 7.74, while Price To Sales Ratio is likely to drop 1.58. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 32.4191 | 50 Day MA 35.5932 | Beta 0.66 |
Canadian |
Sharpe Ratio = 0.1244
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Canadian Utilities is performing at about 9% 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.
Price Book 1.8353 | Enterprise Value Ebitda 11.5816 | Price Sales 1.9668 | Shares Float 126.9 M | Wall Street Target Price 37.75 |
Canadian Utilities Valuation on August 7, 2024
It is possible to determine the worth of Canadian Utilities on a given historical date. On August 7, 2024 Canadian was worth 32.06 at the beginning of the trading date compared to the closed value of 31.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Utilities 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 | |
| 31.58 | 32.18 | 31.56 | 32.07 | 1,135,531 | |
08/07/2024 | 32.06 | 32.83 | 31.88 | 31.93 | 896,961 |
| 31.78 | 32.23 | 31.62 | 32.09 | 1,479,409 |
| Backtest Canadian Utilities | | | Canadian Utilities History | | | Canadian Utilities Valuation | Previous | Next |
Canadian Utilities Trading Date Momentum on August 7, 2024
| On August 08 2024 Canadian Utilities Limited was traded for 32.09 at the closing time. The highest daily price throughout the period was 32.23 and the lowest price was 31.62 . The daily volume was 1.5 M. The net trading volume on 08/08/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.50% . The overall trading delta to current closing price is 2.00% . |
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 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 270.3 M | 284.8 M | |
| Net Income Applicable To Common Shares | 501.3 M | 415.5 M |
Canadian Utilities Stock Technical Analysis
Canadian Utilities 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 Utilities Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Canadian Utilities Limited 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 November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Utilities 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 stock market strength indicators, traders can identify Canadian Utilities Limited 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 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 | 0.1161 | |||
| Jensen Alpha | 0.1106 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | 1.61 |
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Other Information on Investing in Canadian Stock
Canadian Utilities financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Utilities security.