Canadian Natural Resources Stock Performance
| CNQ Stock | CAD 47.52 0.50 1.06% |
Canadian Natural has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canadian Natural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canadian Natural is expected to be smaller as well. Canadian Natural Res right now shows a risk of 1.73%. Please confirm Canadian Natural Res accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Canadian Natural Res will be following its price patterns.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Canadian Natural Resources are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Canadian Natural is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.045 | Payout Ratio 0.315 | Last Split Factor 2:1 | Forward Dividend Rate 2.14 | Dividend Date 2025-01-03 |
1 | Natixis Advisors LLC Has 16.95 Million Stock Position in Canadian Natural Resources Limited - MarketBeat | 11/20/2024 |
| Begin Period Cash Flow | 920 M |
Canadian |
Canadian Natural Relative Risk vs. Return Landscape
If you would invest 4,657 in Canadian Natural Resources on September 3, 2024 and sell it today you would earn a total of 95.00 from holding Canadian Natural Resources or generate 2.04% return on investment over 90 days. Canadian Natural Resources is generating 0.0463% of daily returns assuming 1.7282% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Canadian Natural, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canadian Natural Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Natural's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canadian Natural Resources, and traders can use it to determine the average amount a Canadian Natural's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0268
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Canadian Natural is performing at about 2% 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 Natural by adding it to a well-diversified portfolio.
Canadian Natural Fundamentals Growth
Canadian Stock prices reflect investors' perceptions of the future prospects and financial health of Canadian Natural, and Canadian Natural fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canadian Stock performance.
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0821 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.32 % | |||
| Current Valuation | 109.72 B | |||
| Shares Outstanding | 2.11 B | |||
| Price To Earning | 844.23 X | |||
| Price To Book | 2.52 X | |||
| Price To Sales | 2.81 X | |||
| Revenue | 35.97 B | |||
| Gross Profit | 23.61 B | |||
| EBITDA | 17.27 B | |||
| Net Income | 8.23 B | |||
| Cash And Equivalents | 920 M | |||
| Cash Per Share | 0.43 X | |||
| Total Debt | 12.35 B | |||
| Debt To Equity | 0.76 % | |||
| Current Ratio | 0.83 X | |||
| Book Value Per Share | 18.88 X | |||
| Cash Flow From Operations | 12.35 B | |||
| Earnings Per Share | 3.52 X | |||
| Market Capitalization | 100.42 B | |||
| Total Asset | 75.95 B | |||
| Retained Earnings | 28.95 B | |||
| Working Capital | (268 M) | |||
| Current Asset | 4.06 B | |||
| Current Liabilities | 4.59 B | |||
About Canadian Natural Performance
By examining Canadian Natural's fundamental ratios, stakeholders can obtain critical insights into Canadian Natural's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Canadian Natural is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 30.23 | 32.08 | |
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.25 | 0.26 | |
| Return On Assets | 0.11 | 0.11 | |
| Return On Equity | 0.21 | 0.14 |
Things to note about Canadian Natural Res performance evaluation
Checking the ongoing alerts about Canadian Natural for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canadian Natural Res help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canadian Natural Resources has accumulated 12.35 B in total debt with debt to equity ratio (D/E) of 0.76, which is about average as compared to similar companies. Canadian Natural Res has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Natural until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Natural's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Natural Res sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Natural's use of debt, we should always consider it together with cash and equity. | |
| Over 76.0% of Canadian Natural shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Natixis Advisors LLC Has 16.95 Million Stock Position in Canadian Natural Resources Limited - MarketBeat |
- Analyzing Canadian Natural's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canadian Natural's stock is overvalued or undervalued compared to its peers.
- Examining Canadian Natural's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canadian Natural's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian Natural's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canadian Natural's stock. These opinions can provide insight into Canadian Natural's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.