Chorus Aviation Stock Price on August 19, 2024

CHR Stock  CAD 3.38  0.05  1.50%   
Below is the normalized historical share price chart for Chorus Aviation extending back to January 26, 2006. 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 Chorus Aviation stands at 3.38, as last reported on the 30th of November, with the highest price reaching 3.39 and the lowest price hitting 3.33 during the day.
200 Day MA
2.5141
50 Day MA
3.0318
Beta
2.146
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Chorus Stock, it is important to understand the factors that can impact its price. Chorus Aviation appears to be slightly risky, given 3 months investment horizon. Chorus Aviation secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Chorus Aviation, which you can use to evaluate the volatility of the firm. Please makes use of Chorus Aviation's Risk Adjusted Performance of 0.1695, semi deviation of 1.55, and Coefficient Of Variation of 467.88 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Chorus Aviation's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Total Equity is likely to grow to about 348.3 M, while Common Stock Shares Outstanding is likely to drop about 149.5 M. . At this time, Chorus Aviation's Price To Sales Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.15, while Price Earnings Ratio is likely to drop 2.70. Chorus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2184

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsCHR
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 0.42
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Chorus Aviation is performing at about 17% 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 Chorus Aviation by adding it to a well-diversified portfolio.
Price Book
1.1605
Enterprise Value Ebitda
2.8369
Price Sales
0.3827
Shares Float
163.8 M
Wall Street Target Price
3.7375

Chorus Aviation Valuation on August 19, 2024

It is possible to determine the worth of Chorus Aviation on a given historical date. On August 19, 2024 Chorus was worth 2.52 at the beginning of the trading date compared to the closed value of 2.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chorus Aviation stock. Still, in general, we apply an absolute valuation method to find Chorus Aviation'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 Chorus Aviation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chorus Aviation's related companies.
 Open High Low Close Volume
  2.52    2.57    2.52    2.56    195,412  
08/19/2024
  2.52    2.56    2.52    2.54    184,007  
  2.52    2.55    2.49    2.53    794,139  
Backtest Chorus Aviation  |  Chorus Aviation History  |  Chorus Aviation Valuation   PreviousNext  
Open Value
2.52
2.54
Closing Value
8.33
Upside

Chorus Aviation Trading Date Momentum on August 19, 2024

On August 20 2024 Chorus Aviation was traded for  2.53  at the closing time. The maximum traded price for the trading interval was 2.55  and the lowest daily price was  2.49 . The daily volume was recorded at 794.1 K. The volume of trading on 20th of August 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.39% . The overall trading delta to the closing price today is 1.57% .

Chorus Aviation Fundamentals Correlations and Trends

By evaluating Chorus Aviation'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 Chorus Aviation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chorus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chorus Aviation Stock history

Chorus Aviation 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 Chorus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chorus Aviation 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 Chorus Aviation stock prices may prove useful in developing a viable investing in Chorus Aviation
Last ReportedProjected for Next Year
Common Stock Shares Outstanding201.2 M149.5 M
Net Income Applicable To Common Shares23.4 M22.2 M

Chorus Aviation Stock Technical Analysis

Chorus Aviation 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.
A focus of Chorus Aviation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chorus Aviation trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chorus Aviation Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chorus Aviation 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.

Chorus Aviation November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Chorus Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chorus Aviation shares will generate the highest return on investment. By undertsting and applying Chorus Aviation stock market strength indicators, traders can identify Chorus Aviation entry and exit signals to maximize returns

Chorus Aviation Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chorus Aviation's price direction in advance. Along with the technical and fundamental analysis of Chorus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chorus 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.

Other Information on Investing in Chorus Stock

Chorus Aviation financial ratios help investors to determine whether Chorus 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 Chorus with respect to the benefits of owning Chorus Aviation security.