Canadian Utilities (Germany) Price on November 13, 2024
| CUD Stock | EUR 23.99 0.03 0.13% |
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 Utilities stands at 23.99, as last reported on the 1st of December, with the highest price reaching 23.99 and the lowest price hitting 23.99 during the day. At this point, Canadian Utilities is very steady. Canadian Utilities secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Canadian Utilities Limited, which you can use to evaluate the volatility of the firm. Please confirm Canadian Utilities' Mean Deviation of 0.8498, risk adjusted performance of 0.0973, and Downside Deviation of 0.9256 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = 0.1141
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Canadian Utilities is performing at about 8% 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 13, 2024
It is possible to determine the worth of Canadian Utilities on a given historical date. On November 13, 2024 Canadian was worth 22.91 at the beginning of the trading date compared to the closed value of 22.91. 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 | |
| 23.01 | 23.01 | 23.01 | 23.01 | 1.00 | |
11/13/2024 | 22.91 | 22.91 | 22.91 | 22.91 | 1.00 |
| 22.85 | 22.85 | 22.85 | 22.85 | 1.00 |
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Canadian Utilities Trading Date Momentum on November 13, 2024
| On November 14 2024 Canadian Utilities Limited was traded for 22.85 at the closing time. The highest daily price throughout the period was 22.85 and the lowest price was 22.85 . There was no trading activity during the period 1.0. Lack of trading volume on 11/14/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.26% . The overall trading delta to current closing price is 6.63% . |
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
Canadian Utilities Limited and its subsidiaries engage in the electricity, pipelines and liquids, and retail energy businesses worldwide. The company was incorporated in 1927 and is headquartered in Calgary, Canada. CDN UTILITIES operates under Utilities - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4919 people.
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 | December 1, 2024
| High |
0.00 | 0.00 |
Canadian Utilities Limited 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 Utilities December 1, 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 | 0.0973 | |||
| Jensen Alpha | 0.1321 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0072 | |||
| Treynor Ratio | 7.9 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Canadian 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.
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