Canso Credit Trust Stock Price on November 12, 2024
| PBY-UN Stock | CAD 15.72 0.07 0.44% |
Below is the normalized historical share price chart for Canso Credit Trust extending back to July 16, 2010. 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 Canso Credit stands at 15.72, as last reported on the 11th of December 2024, with the highest price reaching 15.79 and the lowest price hitting 15.72 during the day.
If you're considering investing in Canso Stock, it is important to understand the factors that can impact its price. At this point, Canso Credit is very steady. Canso Credit Trust secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canso Credit Trust, which you can use to evaluate the volatility of the firm. Please confirm Canso Credit's Risk Adjusted Performance of 0.0954, mean deviation of 0.3059, and Downside Deviation of 0.5858 to double-check if the risk estimate we provide is consistent with the expected return of 0.0639%.
At present, Canso Credit's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 13.5 M, whereas Sale Purchase Of Stock is projected to grow to (15.4 M). . At present, Canso Credit's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.13, whereas Price To Sales Ratio is forecasted to decline to 10.67. Canso Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.1357 | 50 Day MA 15.449 |
Canso |
Sharpe Ratio = 0.141
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Canso Credit is performing at about 11% 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 Canso Credit by adding it to a well-diversified portfolio.
Enterprise Value 168.9 M | Enterprise Value Ebitda 13.325 | Shares Outstanding 13.1 M | Market Capitalization 228.2 M | Enterprise Value Revenue 8.8333 |
Canso Credit Valuation on November 12, 2024
It is possible to determine the worth of Canso Credit on a given historical date. On November 12, 2024 Canso was worth 15.26 at the beginning of the trading date compared to the closed value of 15.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canso Credit stock. Still, in general, we apply an absolute valuation method to find Canso Credit'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 Canso Credit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canso Credit's related companies.
| Open | High | Low | Close | Volume | |
| 15.36 | 15.36 | 15.26 | 15.27 | 13,800 | |
11/12/2024 | 15.26 | 15.37 | 15.26 | 15.33 | 1,600 |
| 15.33 | 15.36 | 15.23 | 15.23 | 3,400 |
| Backtest Canso Credit | | | Canso Credit History | | | Canso Credit Valuation | Previous | Next |
Canso Credit Trading Date Momentum on November 12, 2024
| On November 13 2024 Canso Credit Trust was traded for 15.23 at the closing time. The highest price during the trading period was 15.36 and the lowest recorded bid was listed for 15.23 . The volume for the day was 3.4 K. This history from November 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.65% . The overall trading delta to the current price is 0.98% . |
Canso Credit Trust Fundamentals Correlations and Trends
By evaluating Canso Credit'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 Canso Credit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canso financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canso Credit Stock history
Canso Credit 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 Canso is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canso Credit Trust 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 Canso Credit stock prices may prove useful in developing a viable investing in Canso Credit
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.3 M | 13.5 M |
Canso Credit Stock Technical Analysis
Canso Credit 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
Canso Credit Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Canso Credit Trust 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.
Canso Credit December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Canso Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canso Credit shares will generate the highest return on investment. By undertsting and applying Canso Credit stock market strength indicators, traders can identify Canso Credit Trust entry and exit signals to maximize returns
Canso Credit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canso Credit's price direction in advance. Along with the technical and fundamental analysis of Canso Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canso 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 | 0.0954 | |||
| Jensen Alpha | 0.0515 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 4.11 |
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Complementary Tools for Canso Stock analysis
When running Canso Credit's price analysis, check to measure Canso Credit'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 Canso Credit is operating at the current time. Most of Canso Credit's value examination focuses on studying past and present price action to predict the probability of Canso Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canso Credit's price. Additionally, you may evaluate how the addition of Canso Credit to your portfolios can decrease your overall portfolio volatility.
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