Canadian Natural Resources Stock Price Prediction
| CNQ Stock | CAD 103.47 0.03 0.03% |
Oversold Vs Overbought
44
Oversold | Overbought |
Canadian Natural Res stock price prediction is an act of determining the future value of Canadian Natural shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Canadian Natural's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Canadian Natural and does not consider all of the tangible or intangible factors available from Canadian Natural's fundamental data. We analyze noise-free headlines and recent hype associated with Canadian Natural Resources, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Canadian Natural's stock price prediction:Quarterly Earnings Growth (0.44) | EPS Estimate Next Quarter 1.7 | EPS Estimate Current Year 7.47 | EPS Estimate Next Year 9.18 | Wall Street Target Price 111.42 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Canadian Natural based on different types of headlines from major news networks to social media. The Canadian stock price prediction module provides an analysis of price elasticity to changes in media outlook on Canadian Natural over a specific investment horizon. Using Canadian Natural hype-based prediction, you can estimate the value of Canadian Natural Resources from the perspective of Canadian Natural response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Canadian Natural. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Canadian Natural to buy its stock at a price that has no basis in reality. In that case, they are not buying Canadian because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Canadian Natural after-hype prediction price | CAD 103.5 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Canadian |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Natural'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.
Canadian Natural After-Hype Price Prediction Density Analysis
As far as predicting the price of Canadian Natural at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Canadian Natural or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Canadian Natural, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Canadian Natural Estimiated After-Hype Price Volatility
In the context of predicting Canadian Natural's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Canadian Natural's historical news coverage. Canadian Natural's after-hype downside and upside margins for the prediction period are 102.18 and 104.82, respectively. We have considered Canadian Natural's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Canadian Natural is very steady at this time. Analysis and calculation of next after-hype price of Canadian Natural Res is based on 3 months time horizon.
Canadian Natural Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Canadian Natural is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Natural backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Canadian Natural, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.34 | 1.33 | 1.07 | 0.01 | 8 Events / Month | 1 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
103.47 | 103.50 | 0.00 |
|
Canadian Natural Hype Timeline
Canadian Natural Res is currently traded for 103.47on Toronto Exchange of Canada. The entity has historical hype elasticity of -1.07, and average elasticity to hype of competition of -0.01. Canadian is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 42.09%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.34%. %. The volatility of related hype on Canadian Natural is about 3500.0%, with the expected price after the next announcement by competition of 103.46. About 78.0% of the company shares are held by institutions such as insurance companies. The book value of Canadian Natural was currently reported as 36.92. The company has Price/Earnings To Growth (PEG) ratio of 0.33. Canadian Natural Res recorded earning per share (EPS) of 6.76. The entity last dividend was issued on the 17th of June 2024. The firm had 1021:1000 split on the 22nd of August 2022. Assuming the 90 days trading horizon the next projected press release will be in about 8 days. Check out Canadian Natural Basic Forecasting Models to cross-verify your projections.Canadian Natural Related Hype Analysis
Having access to credible news sources related to Canadian Natural's direct competition is more important than ever and may enhance your ability to predict Canadian Natural's future price movements. Getting to know how Canadian Natural's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Canadian Natural may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| GDV | Global Dividend Growth | 0.02 | 2 per month | 0.60 | 0.07 | 1.15 | (0.89) | 4.98 | |
| RS | Real Estate E Commerce | 0.00 | 0 per month | 0.00 | (0.19) | 1.15 | (1.48) | 4.76 | |
| LBS | Life Banc Split | (0.23) | 3 per month | 0.70 | 0.03 | 1.09 | (1.04) | 4.56 | |
| SBC | Brompton Split Banc | 0.13 | 8 per month | 0.64 | 0.05 | 1.68 | (1.47) | 4.05 | |
| DGS | Dividend Growth Split | (0.11) | 6 per month | 1.08 | 0.18 | 2.38 | (1.82) | 5.98 |
Canadian Natural Additional Predictive Modules
Most predictive techniques to examine Canadian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canadian using various technical 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Canadian Natural Predictive Indicators
The successful prediction of Canadian Natural stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Canadian Natural Resources, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Canadian Natural based on analysis of Canadian Natural hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Canadian Natural's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Canadian Natural's related companies. | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0577 | 0.0411 | 0.0431 | Price To Sales Ratio | 1.72 | 2.63 | 2.5 |
Story Coverage note for Canadian Natural
The number of cover stories for Canadian Natural depends on current market conditions and Canadian Natural's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canadian Natural is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canadian Natural's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Canadian Natural Short Properties
Canadian Natural's future price predictability will typically decrease when Canadian Natural's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canadian Natural Resources often depends not only on the future outlook of the potential Canadian Natural's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canadian Natural's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B |
Check out Canadian Natural Basic Forecasting Models to cross-verify your projections. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
| CEOs Directory Screen CEOs from public companies around the world | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |