Cnx Resources Corp Stock Price on February 10, 2022
| CNX Stock | USD 24.10 0.10 0.42% |
Below is the normalized historical share price chart for CNX Resources Corp extending back to April 30, 1999. 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 CNX Resources stands at 24.10, as last reported on the 23rd of April, with the highest price reaching 24.39 and the lowest price hitting 23.78 during the day.
If you're considering investing in CNX Stock, it is important to understand the factors that can impact its price. CNX Resources appears to be very steady, given 3 months investment horizon. CNX Resources Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for CNX Resources Corp, which you can use to evaluate the volatility of the firm. Please makes use of CNX Resources' mean deviation of 1.17, and Risk Adjusted Performance of 0.1324 to double-check if our risk estimates are consistent with your expectations.
At this time, CNX Resources' Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to rise to about 1.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.7 B in 2024. . At this time, CNX Resources' Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 25.24 in 2024, whereas Price To Sales Ratio is likely to drop 1.17 in 2024. CNX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of April 1999 | 200 Day MA 21.2052 | 50 Day MA 22.0824 | Beta 1.375 |
CNX |
Sharpe Ratio = 0.1871
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average CNX Resources is performing at about 14% 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 CNX Resources by adding it to a well-diversified portfolio.
Price Book 0.8526 | Enterprise Value Ebitda 2.1726 | Price Sales 2.542 | Shares Float 148.4 M | Wall Street Target Price 24.44 |
CNX Resources Valuation on February 10, 2022
It is possible to determine the worth of CNX Resources on a given historical date. On February 10, 2022 CNX was worth 21.16 at the beginning of the trading date compared to the closed value of 20.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CNX Resources stock. Still, in general, we apply an absolute valuation method to find CNX Resources' 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 CNX Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CNX Resources' related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 21.16 | 21.40 | 20.33 | 20.96 | 4,600,210 |
| 21.13 | 21.42 | 20.99 | 21.00 | 4,476,189 |
| Backtest CNX Resources | | | CNX Resources History | | | CNX Resources Valuation | Next |
CNX Resources Trading Date Momentum on February 10, 2022
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.CNX Resources Corp Fundamentals Correlations and Trends
By evaluating CNX Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CNX Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CNX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CNX Resources Stock history
CNX Resources 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 CNX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CNX Resources Corp 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 CNX Resources stock prices may prove useful in developing a viable investing in CNX Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 192 M | 216.7 M | |
| Net Loss | -127.9 M | -121.5 M |
CNX Resources Stock Technical Analysis
CNX Resources 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
CNX Resources Period Price Range
Low | April 7, 2022
| High |
21.16 | 20.96 |
CNX Resources April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how CNX Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CNX Resources shares will generate the highest return on investment. By undertsting and applying CNX Resources stock market strength indicators, traders can identify CNX Resources Corp entry and exit signals to maximize returns
| Accumulation Distribution | 230011.0 | |||
| Daily Balance Of Power | (0.19) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 20.87 | |||
| Day Typical Price | 20.9 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 3.14 |
CNX Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CNX Resources' price direction in advance. Along with the technical and fundamental analysis of CNX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CNX 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 | 0.1324 | |||
| Jensen Alpha | 0.2445 | |||
| Total Risk Alpha | 0.1243 | |||
| Sortino Ratio | 0.1839 | |||
| Treynor Ratio | 0.3094 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNX Resources Corp. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for CNX Stock analysis
When running CNX Resources' price analysis, check to measure CNX Resources' 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 CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.
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Is CNX Resources' 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 CNX Resources. If investors know CNX 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 CNX Resources 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 (0.51) | Earnings Share 8.99 | Revenue Per Share 9.002 | Quarterly Revenue Growth (0.59) | Return On Assets 0.1633 |
The market value of CNX Resources Corp is measured differently than its book value, which is the value of CNX that is recorded on the company's balance sheet. Investors also form their own opinion of CNX Resources' value that differs from its market value or its book value, called intrinsic value, which is CNX Resources' 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 CNX Resources' market value can be influenced by many factors that don't directly affect CNX Resources' 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 CNX Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if CNX Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNX Resources' 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.