Canadian Utilities Limited Stock Price on December 1, 2022
| CDUAF Stock | USD 22.23 0.07 0.32% |
If you're considering investing in Canadian Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Utilities stands at 22.23, as last reported on the 25th of April, with the highest price reaching 22.27 and the lowest price hitting 22.16 during the day. Canadian Utilities secures Sharpe Ratio (or Efficiency) of -0.0352, which signifies that the company had a -0.0352% return per unit of risk over the last 3 months. Canadian Utilities Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Utilities' Risk Adjusted Performance of (0.02), standard deviation of 1.15, and Mean Deviation of 0.8821 to double-check the risk estimate we provide.
Canadian Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = -0.0352
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| Negative Returns | CDUAF |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian Utilities is not performing at its full potential. However, 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 Utilities by adding Canadian Utilities to a well-diversified portfolio.
Canadian Utilities Main Headline on 1st of December 2022
Canadian Utilities dividend paid on 1st of December 2022 |
Canadian Utilities Valuation on December 1, 2022
It is possible to determine the worth of Canadian Utilities on a given historical date. On December 1, 2022 Canadian was worth 27.53 at the beginning of the trading date compared to the closed value of 25.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Utilities pink sheet. Still, in general, we apply an absolute valuation method to find Canadian Utilities' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Canadian Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Utilities' related companies.
| Open | High | Low | Close | Volume | |
| 27.01 | 27.01 | 25.25 | 25.25 | 30,425 | |
12/01/2022 | 27.53 | 27.53 | 25.52 | 25.52 | 1,450 |
| 27.04 | 27.04 | 25.28 | 25.28 | 197.00 |
| Backtest Canadian Utilities | | | Canadian Utilities History | | | Canadian Utilities Valuation | Previous | Next |
Canadian Utilities Trading Date Momentum on December 1, 2022
| On December 02 2022 Canadian Utilities Limited was traded for 25.28 at the closing time. The highest daily price throughout the period was 27.04 and the lowest price was 25.28 . The daily volume was 197. The net trading volume on 12/02/2022 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.94% . The overall trading delta to current closing price is 5.92% . |
Canadian Utilities Fundamentals Correlations and Trends
By evaluating Canadian Utilities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Canadian Utilities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canadian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canadian Utilities Pink Sheet history
Canadian Utilities 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 Utilities 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 Utilities stock prices may prove useful in developing a viable investing in Canadian Utilities
Canadian Utilities Limited and its subsidiaries engage in the electricity, natural gas, and retail energy businesses worldwide. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 4796 people.
Canadian Utilities Pink Sheet Technical Analysis
Canadian Utilities technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Canadian Utilities Period Price Range
Low | December 1, 2022
| High |
27.53 | 25.52 |
Canadian Utilities April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Utilities pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Utilities shares will generate the highest return on investment. By undertsting and applying Canadian Utilities pink sheet market strength indicators, traders can identify Canadian Utilities Limited entry and exit signals to maximize returns
| Accumulation Distribution | 105.87 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 26.53 | |||
| Day Typical Price | 26.19 | |||
| Market Facilitation Index | 0.0014 | |||
| Price Action Indicator | (2.01) | |||
| Period Momentum Indicator | (3.29) | |||
| Relative Strength Index | 51.26 |
Canadian Utilities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Utilities' price direction in advance. Along with the technical and fundamental analysis of Canadian Pink Sheet 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Utilities Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Canadian Utilities information on this page should be used as a complementary analysis to other Canadian Utilities' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Canadian Pink Sheet analysis
When running Canadian Utilities' price analysis, check to measure Canadian Utilities' 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 Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.
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