Canfor Stock Price on January 31, 2023
| CFP Stock | CAD 17.73 0.20 1.12% |
Below is the normalized historical share price chart for Canfor extending back to December 18, 1989. 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 Canfor stands at 17.73, as last reported on the 30th of November, with the highest price reaching 18.02 and the lowest price hitting 17.70 during the day.
If you're considering investing in Canfor Stock, it is important to understand the factors that can impact its price. Canfor appears to be not too volatile, given 3 months investment horizon. Canfor secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canfor, which you can use to evaluate the volatility of the firm. Please makes use of Canfor's Mean Deviation of 1.71, downside deviation of 1.63, and Risk Adjusted Performance of 0.1069 to double-check if our risk estimates are consistent with your expectations.
At this time, Canfor's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 122.7 M, while Liabilities And Stockholders Equity is likely to drop about 3.6 B. . At this time, Canfor's Price Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Fair Value is likely to grow to 0.97, though Price Earnings Ratio is likely to grow to (6.25). Canfor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.6993 | 50 Day MA 17.0242 | Beta 2.089 |
Canfor |
Sharpe Ratio = 0.168
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Canfor is performing at about 13% 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 Canfor by adding it to a well-diversified portfolio.
Price Book 0.6541 | Enterprise Value Ebitda 20.0922 | Price Sales 0.3999 | Shares Float 54.6 M | Wall Street Target Price 21.4286 |
Canfor Valuation on January 31, 2023
It is possible to determine the worth of Canfor on a given historical date. On January 31, 2023 Canfor was worth 24.76 at the beginning of the trading date compared to the closed value of 25.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canfor stock. Still, in general, we apply an absolute valuation method to find Canfor'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 Canfor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canfor's related companies.
| Open | High | Low | Close | Volume | |
| 25.08 | 25.20 | 24.33 | 24.63 | 430,701 | |
01/31/2023 | 24.76 | 25.76 | 24.57 | 25.21 | 222,320 |
| 25.48 | 26.07 | 25.08 | 25.71 | 167,027 |
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Canfor Trading Date Momentum on January 31, 2023
| On February 01 2023 Canfor was traded for 25.71 at the closing time. The maximum traded price for the trading interval was 26.07 and the lowest daily price was 25.08 . The daily volume was recorded at 167 K. The volume of trading on 1st of February 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.98% . The overall trading delta to the closing price today is 0.95% . |
Canfor Fundamentals Correlations and Trends
By evaluating Canfor'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 Canfor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canfor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canfor Stock history
Canfor 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 Canfor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canfor 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 Canfor stock prices may prove useful in developing a viable investing in Canfor
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 120.2 M | 122.7 M | |
| Net Income Applicable To Common Shares | 905.4 M | 950.7 M |
Canfor Quarterly Net Working Capital |
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Canfor Stock Technical Analysis
Canfor 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
Canfor Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Canfor 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.
Canfor November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Canfor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canfor shares will generate the highest return on investment. By undertsting and applying Canfor stock market strength indicators, traders can identify Canfor entry and exit signals to maximize returns
Canfor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canfor's price direction in advance. Along with the technical and fundamental analysis of Canfor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canfor 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 | 0.1069 | |||
| Jensen Alpha | 0.2669 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0978 | |||
| Treynor Ratio | 1.84 |
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Other Information on Investing in Canfor Stock
Canfor financial ratios help investors to determine whether Canfor 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 Canfor with respect to the benefits of owning Canfor security.