Canadian National (Germany) Price on November 10, 2023

CY2 Stock  EUR 97.22  0.02  0.02%   
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 National stands at 97.22, as last reported on the 23rd of December, with the highest price reaching 98.04 and the lowest price hitting 96.16 during the day. Canadian National Railway secures Sharpe Ratio (or Efficiency) of -0.0916, which signifies that the company had a -0.0916% return per unit of risk over the last 3 months. Canadian National Railway exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian National's Risk Adjusted Performance of (0.05), standard deviation of 1.2, and Mean Deviation of 0.8447 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 = -0.0916

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Estimated Market Risk

 1.18
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Canadian National 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 National by adding Canadian National to a well-diversified portfolio.

Canadian National Valuation on November 10, 2023

It is possible to determine the worth of Canadian National on a given historical date. On November 10, 2023 Canadian was worth 99.64 at the beginning of the trading date compared to the closed value of 99.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian National stock. Still, in general, we apply an absolute valuation method to find Canadian National'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 National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian National's related companies.
 Open High Low Close Volume
  98.59    100.90    98.59    99.36    11.00  
11/10/2023
  99.64    99.93    99.07    99.93    116.00  
  99.84    101.57    99.84    101.28    40.00  
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Open Value
99.64
99.93
Closing Value
103.19
Upside

Canadian National Trading Date Momentum on November 10, 2023

On November 13 2023 Canadian National Railway was traded for  101.28  at the closing time. The highest daily price throughout the period was 101.57  and the lowest price was  99.84 . The daily volume was 40.0. The net trading volume on 11/13/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.35% . The overall trading delta to current closing price is 2.60% .

Canadian National Railway Fundamentals Correlations and Trends

By evaluating Canadian National'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 National'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 National Stock history

Canadian National 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 National Railway 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 National stock prices may prove useful in developing a viable investing in Canadian National
Canadian National Railway Company engages in rail and related transportation business. Canadian National Railway Company was founded in 1919 and is headquartered in Montreal, Canada. Canadian National operates under Railroads classification in Germany and is traded on Frankfurt Stock Exchange. It employs 27119 people.

Canadian National Stock Technical Analysis

Canadian National 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 National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian National 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 National Period Price Range

Low
December 23, 2024
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High

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Canadian National Railway 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 National December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Canadian National 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 National shares will generate the highest return on investment. By undertsting and applying Canadian National stock market strength indicators, traders can identify Canadian National Railway entry and exit signals to maximize returns

Canadian National Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canadian National'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 National's price analysis, check to measure Canadian National'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 National is operating at the current time. Most of Canadian National's value examination focuses on studying past and present price action to predict the probability of Canadian National'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 National's price. Additionally, you may evaluate how the addition of Canadian National to your portfolios can decrease your overall portfolio volatility.
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