Canadian OTC Stock Alpha and Beta Analysis

CDUUF
 Stock
  

USD 29.05  0.00  0.00%   

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.
Continue to Canadian Utilities Backtesting, Canadian Utilities Valuation, Canadian Utilities Correlation, Canadian Utilities Hype Analysis, Canadian Utilities Volatility, Canadian Utilities History and analyze Canadian Utilities Performance.
  
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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 1.80  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 3.26  . Let's try to break down what Canadian's beta means in this case. As returns on the market increase, returns on owning Canadian Utilities are expected to decrease by larger amounts. On the other hand, during market turmoil, Canadian Utilities is expected to outperform it.
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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.
α1.80   β-3.26
90 days against DJI

Canadian Utilities expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Canadian Utilities' Buy-and-hold return. Our buy-and-hold chart shows how Canadian Utilities performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Canadian Utilities Market Price Analysis

Market price analysis indicators help investors to evaluate how Canadian Utilities otc 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 Utilities shares will generate the highest return on investment. By understating and applying Canadian Utilities otc stock market price indicators, traders can identify Canadian Utilities position entry and exit signals to maximize returns.

Canadian Utilities Return and Market Media

The median price of Canadian Utilities for the period between Tue, Apr 5, 2022 and Mon, Jul 4, 2022 is 29.05 with a coefficient of variation of 36.13. The daily time series for the period is distributed with a sample standard deviation of 8.43, arithmetic mean of 23.33, and mean deviation of 7.88. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Canadian Stocks Modestly Lower Amid Steep Drop By Oil Prices...04/11/2022
2
Canadian Utilities Will Pay A Dividend Of CA0.44 - Yahoo Fin...04/21/2022
3
13 Top TSX Stocks for May 2022 - The Motley Fool Canada05/02/2022
4
How to Tackle Market Volatility 3 Top Canadian Dividend Stoc...05/17/2022
5
North American stock markets fall ahead of CPI report in U.S...06/09/2022
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2 Canadian Stocks Trading at Unheard of Prices - The Motley ...06/28/2022

About Canadian Utilities Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Canadian Utilities has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Utilities in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Utilities' short interest history, or implied volatility extrapolated from Canadian Utilities options trading.

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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Continue to Canadian Utilities Backtesting, Canadian Utilities Valuation, Canadian Utilities Correlation, Canadian Utilities Hype Analysis, Canadian Utilities Volatility, Canadian Utilities History and analyze Canadian Utilities Performance. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Canadian OTC Stock 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 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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Canadian Utilities technical otc 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.
A focus of Canadian Utilities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Utilities trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...