Canadian Pacific Railway Stock Statistic Functions Beta

CP Stock  CAD 105.37  1.02  0.96%   
Canadian Pacific statistic functions tool provides the execution environment for running the Beta function and other technical functions against Canadian Pacific. Canadian Pacific value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Canadian Pacific statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Canadian Pacific Railway correlated with the market. If Beta is less than 0 Canadian Pacific generally moves in the opposite direction as compared to the market. If Canadian Pacific Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian Pacific Railway is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian Pacific is generally in the same direction as the market. If Beta > 1 Canadian Pacific moves generally in the same direction as, but more than the movement of the benchmark.

Canadian Pacific Technical Analysis Modules

Most technical analysis of Canadian Pacific help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canadian from various momentum indicators to cycle indicators. When you analyze Canadian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Canadian Pacific Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canadian Pacific Railway. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Pacific Railway based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Pacific's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canadian Pacific's intrinsic value. In addition to deriving basic predictive indicators for Canadian Pacific, we also check how macroeconomic factors affect Canadian Pacific price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 2025 (projected)
Dividend Yield0.0075310.0072410.0073010.006936
Price To Sales Ratio10.657.786.687.01
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Pacific's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
103.76105.36106.96
Details
Intrinsic
Valuation
LowRealHigh
94.83107.49109.09
Details
Naive
Forecast
LowNextHigh
102.46104.06105.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.961.081.15
Details

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When determining whether Canadian Pacific Railway is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Pacific Railway Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Pacific Railway Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.