Canadian Natural Resources Stock Price on April 23, 2014
| CNQ Stock | CAD 105.26 0.09 0.09% |
Below is the normalized historical share price chart for Canadian Natural Resources extending back to December 18, 1989. 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 Canadian Natural stands at 105.26, as last reported on the 24th of April, with the highest price reaching 105.44 and the lowest price hitting 103.67 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Natural appears to be very steady, given 3 months investment horizon. Canadian Natural Res secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Natural Resources, which you can use to evaluate the volatility of the firm. Please makes use of Canadian Natural's Mean Deviation of 1.08, downside deviation of 1.31, and Risk Adjusted Performance of 0.1584 to double-check if our risk estimates are consistent with your expectations.
At this time, Canadian Natural's Total Stockholder Equity is very stable compared to the past year. As of the 24th of April 2024, Common Stock Shares Outstanding is likely to grow to about 1.2 B, while Other Stockholder Equity is likely to drop about 178.7 M. . At this time, Canadian Natural's Price Earnings Ratio is very stable compared to the past year. As of the 24th of April 2024, Price Book Value Ratio is likely to grow to 4.07, while Price To Sales Ratio is likely to drop 2.50. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 88.6313 | 50 Day MA 98.408 | Beta 1.979 |
Canadian |
Sharpe Ratio = 0.2249
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Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Canadian Natural is performing at about 17% 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.
Price Book 2.9318 | Enterprise Value Ebitda 7.3065 | Price Sales 3.2467 | Shares Float 1 B | Dividend Share 3.7 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Canadian Natural Stock history
Canadian Natural 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 Natural Res 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 Natural stock prices may prove useful in developing a viable investing in Canadian Natural
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.2 B | |
| Net Income Applicable To Common Shares | 12.6 B | 13.2 B |
Canadian Natural Stock Technical Analysis
Canadian Natural 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
Canadian Natural Period Price Range
Canadian Natural April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Natural 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 Natural shares will generate the highest return on investment. By undertsting and applying Canadian Natural stock market strength indicators, traders can identify Canadian Natural Resources entry and exit signals to maximize returns
Canadian Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Natural'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.
| Risk Adjusted Performance | 0.1584 | |||
| Jensen Alpha | 0.3021 | |||
| Total Risk Alpha | 0.1485 | |||
| Sortino Ratio | 0.2008 | |||
| Treynor Ratio | 0.634 |
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| Volume Indicators |
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.
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