Canadian OTC Stock Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Canadian Utilities. It also helps investors analyze the systematic and unsystematic risks associated with investing in Canadian Utilities over a specified time horizon. Remember, high Canadian Utilities' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
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Canadian Beta 

 
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Please note that although Canadian Utilities alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Canadian Utilities did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Canadian Utilities stock's relative risk over its benchmark. Canadian Utilities has a beta of 0.00  . Let's try to break down what Canadian's beta means in this case. The returns on DOW and Canadian Utilities are completely uncorrelated.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Canadian Utilities Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Canadian Utilities market risk premium is the additional return an investor will receive from holding Canadian Utilities long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canadian Utilities. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Canadian Utilities' performance over market.
α0.00   β0.00
90 days against DJI

Canadian Utilities Investors Sentiment

The influence of Canadian Utilities' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - CDUUF

Canadian Utilities Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Canadian Utilities. What is your opinion about investing in Canadian Utilities? Are you bullish or bearish?
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Check out Trending Equities. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Tools for Canadian OTC Stock

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 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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