Canasia Energy Corp Stock Price on November 11, 2024
CECAF Stock | 0.07 0.00 0.00% |
If you're considering investing in CanAsia Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CanAsia Energy stands at 0.07, as last reported on the 2nd of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. CanAsia Energy Corp secures Sharpe Ratio (or Efficiency) of -0.0148, which signifies that the company had a -0.0148% return per unit of risk over the last 3 months. CanAsia Energy Corp exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CanAsia Energy's Standard Deviation of 6.34, mean deviation of 2.19, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
CanAsia Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
CanAsia |
Sharpe Ratio = -0.0148
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Estimated Market Risk
6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CanAsia Energy is not performing at its full potential. However, 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 CanAsia Energy by adding CanAsia Energy to a well-diversified portfolio.
CanAsia Energy Valuation on November 11, 2024
It is possible to determine the worth of CanAsia Energy on a given historical date. On November 11, 2024 CanAsia was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CanAsia Energy pink sheet. Still, in general, we apply an absolute valuation method to find CanAsia Energy'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 CanAsia Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CanAsia Energy's related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.07 | 0.07 | 1,500 | |
11/11/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
0.08 | 0.08 | 0.08 | 0.08 | 50,000 |
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CanAsia Energy Trading Date Momentum on November 11, 2024
On November 12 2024 CanAsia Energy Corp was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . The daily volume was 50 K. The net trading volume on 11/12/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 10.00% . The overall trading delta to current closing price is 12.86% . |
CanAsia Energy Corp Fundamentals Correlations and Trends
By evaluating CanAsia Energy'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 CanAsia Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CanAsia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CanAsia Energy Pink Sheet history
CanAsia Energy 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 CanAsia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CanAsia Energy 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 CanAsia Energy stock prices may prove useful in developing a viable investing in CanAsia Energy
CanAsia Energy Pink Sheet Technical Analysis
CanAsia Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
CanAsia Energy Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CanAsia Energy Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
CanAsia Energy December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CanAsia Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CanAsia Energy shares will generate the highest return on investment. By undertsting and applying CanAsia Energy pink sheet market strength indicators, traders can identify CanAsia Energy Corp entry and exit signals to maximize returns
CanAsia Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CanAsia Energy's price direction in advance. Along with the technical and fundamental analysis of CanAsia Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CanAsia 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) | |||
Jensen Alpha | (0.51) | |||
Total Risk Alpha | (1.16) | |||
Treynor Ratio | (0.03) |
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Overlap Studies | ||
Pattern Recognition | ||
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Statistic Functions | ||
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Volume Indicators |
Complementary Tools for CanAsia Pink Sheet analysis
When running CanAsia Energy's price analysis, check to measure CanAsia Energy's 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 CanAsia Energy is operating at the current time. Most of CanAsia Energy's value examination focuses on studying past and present price action to predict the probability of CanAsia Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAsia Energy's price. Additionally, you may evaluate how the addition of CanAsia Energy to your portfolios can decrease your overall portfolio volatility.
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