Canfor Pulp Products Stock Price on October 24, 2024
CFPUF Stock | USD 0.61 0.01 1.61% |
If you're considering investing in Canfor Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canfor Pulp stands at 0.61, as last reported on the 27th of November, with the highest price reaching 0.61 and the lowest price hitting 0.61 during the day. At this point, Canfor Pulp is abnormally volatile. Canfor Pulp Products secures Sharpe Ratio (or Efficiency) of 0.0398, which signifies that the company had a 0.0398% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Canfor Pulp Products, which you can use to evaluate the volatility of the firm. Please confirm Canfor Pulp's Downside Deviation of 7.89, mean deviation of 1.35, and Risk Adjusted Performance of 0.0375 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Canfor Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canfor |
Sharpe Ratio = 0.0398
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Estimated Market Risk
3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Canfor Pulp is performing at about 3% 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 Pulp by adding it to a well-diversified portfolio.
Canfor Pulp Valuation on October 24, 2024
It is possible to determine the worth of Canfor Pulp on a given historical date. On October 24, 2024 Canfor was worth 0.65 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canfor Pulp pink sheet. Still, in general, we apply an absolute valuation method to find Canfor Pulp'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 Pulp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canfor Pulp's related companies.
Open | High | Low | Close | Volume | |
0.65 | 0.65 | 0.65 | 0.65 | 1.00 | |
10/24/2024 | 0.65 | 0.65 | 0.65 | 0.65 | 1.00 |
0.65 | 0.65 | 0.65 | 0.65 | 1.00 |
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Canfor Pulp Trading Date Momentum on October 24, 2024
On October 25 2024 Canfor Pulp Products was traded for 0.65 at the closing time. The highest daily price throughout the period was 0.65 and the lowest price was 0.65 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 did not affect price variability. The overall trading delta to current closing price is 1.54% . |
Canfor Pulp Products Fundamentals Correlations and Trends
By evaluating Canfor Pulp'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 Pulp'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 Pulp Pink Sheet history
Canfor Pulp 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 Pulp Products 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 Pulp stock prices may prove useful in developing a viable investing in Canfor Pulp
Canfor Pulp Products Inc., together with its subsidiaries, engages in the production and supply of pulp and paper products in Canada, Europe, Asia, the United States, and internationally. Canfor Pulp Products Inc. is a subsidiary of Canadian Forest Products Ltd. Canfor Pulp operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 1277 people.
Canfor Pulp Pink Sheet Technical Analysis
Canfor Pulp 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
Canfor Pulp Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Canfor Pulp Products 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.
Canfor Pulp November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Canfor Pulp 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 Canfor Pulp shares will generate the highest return on investment. By undertsting and applying Canfor Pulp pink sheet market strength indicators, traders can identify Canfor Pulp Products entry and exit signals to maximize returns
Canfor Pulp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canfor Pulp's price direction in advance. Along with the technical and fundamental analysis of Canfor Pink Sheet 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 | 0.0375 | |||
Jensen Alpha | 0.127 | |||
Total Risk Alpha | (0.41) | |||
Sortino Ratio | 8.0E-4 | |||
Treynor Ratio | (7.92) |
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Complementary Tools for Canfor Pink Sheet analysis
When running Canfor Pulp's price analysis, check to measure Canfor Pulp'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 Canfor Pulp is operating at the current time. Most of Canfor Pulp's value examination focuses on studying past and present price action to predict the probability of Canfor Pulp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canfor Pulp's price. Additionally, you may evaluate how the addition of Canfor Pulp to your portfolios can decrease your overall portfolio volatility.
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