Cargojet Stock Price on November 14, 2024
CGJTF Stock | USD 85.52 0.98 1.13% |
If you're considering investing in Cargojet Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cargojet stands at 85.52, as last reported on the 28th of November, with the highest price reaching 85.52 and the lowest price hitting 85.52 during the day. Cargojet secures Sharpe Ratio (or Efficiency) of -0.0735, which signifies that the company had a -0.0735% return per unit of risk over the last 3 months. Cargojet exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cargojet's Risk Adjusted Performance of (0.04), standard deviation of 1.98, and Mean Deviation of 1.03 to double-check the risk estimate we provide.
Cargojet Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cargojet |
Sharpe Ratio = -0.0735
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CGJTF |
Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cargojet 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 Cargojet by adding Cargojet to a well-diversified portfolio.
Related Headline
Terex Headline on 14th of November 2024
Entropy Technologies LP Increases Holdings in Terex Co. by thelincolnianonline.com
Entropy Technologies LP raised its holdings in shares of Terex Co. by 69.6 percent in the third quarter, HoldingsChannel reports. The firm owned 17,553 shares of the industrial products companys stock after buying an additional 7,204 shares during the quarter. Entropy Technologies LPs holdings in Terex were worth 929,000 at the end
Cargojet Valuation on November 14, 2024
It is possible to determine the worth of Cargojet on a given historical date. On November 14, 2024 Cargojet was worth 95.87 at the beginning of the trading date compared to the closed value of 95.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cargojet pink sheet. Still, in general, we apply an absolute valuation method to find Cargojet'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 Cargojet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cargojet's related companies.
Open | High | Low | Close | Volume | |
95.91 | 95.91 | 95.87 | 95.87 | 6,100 | |
11/14/2024 | 95.87 | 95.87 | 95.87 | 95.87 | 1.00 |
90.41 | 90.41 | 90.41 | 90.41 | 3,227 |
Backtest Cargojet | | | Cargojet History | | | Cargojet Valuation | Previous | Next |
Cargojet Trading Date Momentum on November 14, 2024
On November 15 2024 Cargojet was traded for 90.41 at the closing time. The highest daily price throughout the period was 90.41 and the lowest price was 90.41 . The daily volume was 3.2 K. The net trading volume on 11/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.70% . The overall trading delta to current closing price is 8.42% . |
Cargojet Fundamentals Correlations and Trends
By evaluating Cargojet'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 Cargojet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cargojet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cargojet Pink Sheet history
Cargojet 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 Cargojet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cargojet 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 Cargojet stock prices may prove useful in developing a viable investing in Cargojet
Cargojet Inc. provides time sensitive overnight air cargo services in Canada. The company was founded in 2005 and is headquartered in Mississauga, Canada. Cargojet operates under Integrated Freight Logistics classification in the United States and is traded on OTC Exchange. It employs 1624 people.
Cargojet Pink Sheet Technical Analysis
Cargojet 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
Cargojet Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Cargojet 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.
Cargojet November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cargojet 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 Cargojet shares will generate the highest return on investment. By undertsting and applying Cargojet pink sheet market strength indicators, traders can identify Cargojet entry and exit signals to maximize returns
Cargojet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cargojet's price direction in advance. Along with the technical and fundamental analysis of Cargojet Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cargojet 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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (2.26) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Cargojet Pink Sheet analysis
When running Cargojet's price analysis, check to measure Cargojet'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 Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |