Canuc Resources Corp Stock Price on June 27, 2024
| CDA Stock | CAD 0.07 0.00 0.00% |
If you're considering investing in Canuc Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canuc Resources stands at 0.07, as last reported on the 27th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Canuc Resources appears to be out of control, given 3 months investment horizon. Canuc Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0263, which signifies that the company had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Canuc Resources Corp, which you can use to evaluate the volatility of the firm. Please makes use of Canuc Resources' Mean Deviation of 5.48, downside deviation of 14.89, and Risk Adjusted Performance of 0.0294 to double-check if our risk estimates are consistent with your expectations.
Canuc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canuc |
Sharpe Ratio = 0.0263
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Estimated Market Risk
| 10.26 actual daily | 91 91% of assets are less volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Canuc Resources is performing at about 2% 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 Canuc Resources by adding it to a well-diversified portfolio.
Canuc Resources Valuation on June 27, 2024
It is possible to determine the worth of Canuc Resources on a given historical date. On June 27, 2024 Canuc was worth 0.1 at the beginning of the trading date compared to the closed value of 0.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canuc Resources stock. Still, in general, we apply an absolute valuation method to find Canuc 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 Canuc Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canuc Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.10 | 0.09 | 0.10 | 36,500 | |
06/27/2024 | 0.10 | 0.10 | 0.10 | 0.10 | 1.00 |
| 0.09 | 0.09 | 0.09 | 0.09 | 20,300 |
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Canuc Resources Trading Date Momentum on June 27, 2024
| On June 28 2024 Canuc Resources Corp was traded for 0.09 at the closing time. The highest daily price throughout the period was 0.09 and the lowest price was 0.09 . The daily volume was 20.3 K. The net trading volume on 06/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 10.00% . The overall trading delta to current closing price is 20.00% . |
Canuc Resources Corp Fundamentals Correlations and Trends
By evaluating Canuc 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 Canuc Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canuc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canuc Resources Stock history
Canuc 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 Canuc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canuc 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 Canuc Resources stock prices may prove useful in developing a viable investing in Canuc Resources
Canuc Resources Corporation, together with its subsidiaries, engages in exploration, evaluation, and development of precious and base metal projects and oil and gas properties in Canada, the United States, and Mexico. Canuc Resources Corporation is headquartered in Toronto, Canada. CANUC RESOURCES operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.
Canuc Resources Stock Technical Analysis
Canuc 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
Canuc Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Canuc Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Canuc Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Canuc 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 Canuc Resources shares will generate the highest return on investment. By undertsting and applying Canuc Resources stock market strength indicators, traders can identify Canuc Resources Corp entry and exit signals to maximize returns
Canuc Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canuc Resources' price direction in advance. Along with the technical and fundamental analysis of Canuc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canuc 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 | 0.0294 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (1.36) | |||
| Sortino Ratio | 0.0094 | |||
| Treynor Ratio | 0.1063 |
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Additional Tools for Canuc Stock Analysis
When running Canuc Resources' price analysis, check to measure Canuc 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 Canuc Resources is operating at the current time. Most of Canuc Resources' value examination focuses on studying past and present price action to predict the probability of Canuc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canuc Resources' price. Additionally, you may evaluate how the addition of Canuc Resources to your portfolios can decrease your overall portfolio volatility.