Canadian Natural Resources Stock Price on November 10, 2021
| CNQ Stock | USD 76.91 0.16 0.21% |
Below is the normalized historical share price chart for Canadian Natural Resources extending back to July 31, 2000. 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 76.91, as last reported on the 25th of April, with the highest price reaching 77.25 and the lowest price hitting 76.42 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 0.2, which signifies that the company had a 0.2% 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 Risk Adjusted Performance of 0.1376, mean deviation of 1.12, and Downside Deviation of 1.55 to double-check if our risk estimates are consistent with your expectations.
At this time, Canadian Natural's Total Stockholder Equity is relatively stable compared to the past year. As of 04/25/2024, Common Stock Shares Outstanding is likely to grow to about 1.3 B, though Sale Purchase Of Stock is likely to grow to (3.2 B). . As of 04/25/2024, Price To Sales Ratio is likely to drop to 2.50. In addition to that, Price Earnings Ratio is likely to drop to 10.92. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of May 1976 | 200 Day MA 65.6555 | 50 Day MA 72.8212 | Beta 1.979 |
Canadian |
Sharpe Ratio = 0.1973
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Canadian Natural is performing at about 15% 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 2.9164 | Enterprise Value Ebitda 5.3378 | Price Sales 2.3719 | Shares Float 1 B | Dividend Share 3.7 |
Canadian Natural Valuation on November 10, 2021
It is possible to determine the worth of Canadian Natural on a given historical date. On November 10, 2021 Canadian was worth 64.96 at the beginning of the trading date compared to the closed value of 55.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Natural stock. Still, in general, we apply an absolute valuation method to find Canadian Natural's 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 Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Natural's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 64.96 | 65.21 | 55.95 | 55.95 | 2,837,900 |
| 65.15 | 66.15 | 57.76 | 57.76 | 2,730,912 |
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Canadian Natural Trading Date Momentum on November 10, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Canadian Natural Res Fundamentals Correlations and Trends
By evaluating Canadian Natural's 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 Natural's 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 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 | 1.3 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
Low | April 11, 2022
| High |
64.96 | 55.95 |
Canadian Natural April 25, 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
| Accumulation Distribution | 402990.0 | |||
| Daily Balance Of Power | (0.97) | |||
| Rate Of Daily Change | 0.86 | |||
| Day Median Price | 60.58 | |||
| Day Typical Price | 59.04 | |||
| Price Action Indicator | (9.13) | |||
| Period Momentum Indicator | 20.96 | |||
| Relative Strength Index | 91.3 |
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 | 0.1376 | |||
| Jensen Alpha | 0.2419 | |||
| Total Risk Alpha | 0.1075 | |||
| Sortino Ratio | 0.1547 | |||
| Treynor Ratio | 0.3346 |
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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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Is Canadian Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Natural. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.765 | Dividend Share 3.7 | Earnings Share 5.43 | Revenue Per Share 32.958 | Quarterly Revenue Growth (0.01) |
The market value of Canadian Natural Res is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Natural's value that differs from its market value or its book value, called intrinsic value, which is Canadian Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Natural's market value can be influenced by many factors that don't directly affect Canadian Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural'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.