Canadian Natural Resources Limiteds Stock Has Fared Decently Is the Market Following Strong Financials - Simply Wall St
CRC Stock | EUR 28.76 0.32 1.13% |
Roughly 50% of Canadian Natural's stockholders are presently thinking to get in. The analysis of current outlook of investing in Canadian Natural Resources suggests that some traders are interested regarding Canadian Natural's prospects. The current market sentiment, together with Canadian Natural's historical and current headlines, can help investors time the market. In addition, many technical investors use Canadian Natural Res stock news signals to limit their universe of possible portfolio assets.
Canadian Natural stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Canadian daily returns and investor perception about the current price of Canadian Natural Resources as well as its diversification or hedging effects on your existing portfolios.
Canadian |
Canadian Natural Resources Limiteds Stock Has Fared Decently Is the Market Following Strong Financials Simply Wall St
Read at news.google.com
Canadian Natural Fundamental Analysis
We analyze Canadian Natural's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Natural based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Canadian Natural is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Canadian Natural Res Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canadian Natural stock to make a market-neutral strategy. Peer analysis of Canadian Natural could also be used in its relative valuation, which is a method of valuing Canadian Natural by comparing valuation metrics with similar companies.
Peers
Canadian Natural Related Equities
63E | ONWARD MEDICAL | 7.73 | ||||
AF4 | HANOVER INSURANCE | 2.10 | ||||
8HH | Avanos Medical | 1.96 | ||||
COP | Compugroup Medical | 0.64 | ||||
ZFI1 | ZURICH INSURANCE | 0.70 | ||||
31F | MEDICAL FACILITIES | 1.89 | ||||
CY9D | Microbot Medical | 2.13 | ||||
EEW | SBI Insurance | 5.43 |
Complementary Tools for Canadian Stock analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural'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 Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural'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 Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |