Canadian Banc Corp Stock Price on January 15, 2024

BK Stock  CAD 12.00  0.18  1.52%   
Below is the normalized historical share price chart for Canadian Banc Corp extending back to July 15, 2005. 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 Bank of New York stands at 12.00, as last reported on the 1st of December, with the highest price reaching 12.00 and the lowest price hitting 11.89 during the day.
200 Day MA
11.0141
50 Day MA
11.527
Beta
1.222
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. As of now, Bank Stock is very steady. Canadian Banc Corp secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Banc Corp, which you can use to evaluate the volatility of the firm. Please confirm Bank of New York's Coefficient Of Variation of 270.61, risk adjusted performance of 0.2783, and Mean Deviation of 0.3994 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At this time, Bank of New York's Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 761.1 M, while Total Stockholder Equity is likely to drop about 116 M. . As of the 1st of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.03, though Price To Sales Ratio is likely to grow to (27.86). Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3614

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Estimated Market Risk

 0.53
  actual daily
4
96% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.36
  actual daily
28
72% of assets perform better
Based on monthly moving average Bank of New York is performing at about 28% 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 Bank of New York by adding it to a well-diversified portfolio.
Price Book
1.1641
Price Sales
3.7367
Dividend Share
1.699
Earnings Share
2.33
Shares Short
9.3 K

Bank of New York Valuation on January 15, 2024

It is possible to determine the worth of Bank of New York on a given historical date. On January 15, 2024 Bank was worth 9.06 at the beginning of the trading date compared to the closed value of 9.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of New York stock. Still, in general, we apply an absolute valuation method to find Bank of New York'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 Bank of New York where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of New York's related companies.
 Open High Low Close Volume
  9.04    9.10    9.00    9.06    76,000  
01/15/2024
  9.06    9.16    9.04    9.13    69,700  
  9.11    9.13    9.06    9.09    45,900  
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Open Value
9.06
9.13
Closing Value
10.65
Upside

Bank of New York Trading Date Momentum on January 15, 2024

On January 16 2024 Canadian Banc Corp was traded for  9.09  at the closing time. The highest daily price throughout the period was 9.13  and the lowest price was  9.06 . The daily volume was 45.9 K. The net trading volume on 01/16/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.44% . The overall trading delta to current closing price is 1.86% .

Canadian Banc Corp Fundamentals Correlations and Trends

By evaluating Bank of New York'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 Bank of New York's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bank of New York Stock history

Bank of New York 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian Banc 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 Bank of New York stock prices may prove useful in developing a viable investing in Bank of New York
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.1 M21.1 M
Net Loss-6 M-5.7 M

Bank of New York Stock Technical Analysis

Bank of New York 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.
A focus of Bank of New York technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of New York 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...

Price Boundaries

Bank of New York Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Canadian Banc Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bank of New York December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Bank of New York stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of New York shares will generate the highest return on investment. By undertsting and applying Bank of New York stock market strength indicators, traders can identify Canadian Banc Corp entry and exit signals to maximize returns

Bank of New York Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bank of New York's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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.

Other Information on Investing in Bank Stock

Bank of New York financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of New York security.