Corus Entertainment Stock Price on August 16, 2023

CJR-B Stock  CAD 0.11  0.01  8.33%   
Below is the normalized historical share price chart for Corus Entertainment extending back to August 31, 1999. 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 Corus Entertainment stands at 0.11, as last reported on the 28th of November, with the highest price reaching 0.12 and the lowest price hitting 0.11 during the day.
200 Day MA
0.3419
50 Day MA
0.144
Beta
2.075
 
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Covid
If you're considering investing in Corus Stock, it is important to understand the factors that can impact its price. Corus Entertainment secures Sharpe Ratio (or Efficiency) of -0.0063, which signifies that the company had a -0.0063% return per unit of risk over the last 3 months. Corus Entertainment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Corus Entertainment's Risk Adjusted Performance of 0.007, standard deviation of 8.71, and Mean Deviation of 5.06 to double-check the risk estimate we provide.
  
At this time, Corus Entertainment's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 1.5 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 1.4 B in 2024. . Price To Sales Ratio is likely to drop to 0.02 in 2024. Price Earnings Ratio is likely to gain to -0.03 in 2024. Corus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0063

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Estimated Market Risk

 8.66
  actual daily
77
77% of assets are less volatile

Expected Return

 -0.05
  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 Corus Entertainment 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 Corus Entertainment by adding Corus Entertainment to a well-diversified portfolio.
Price Book
0.1208
Enterprise Value Ebitda
3.2415
Price Sales
0.0173
Shares Float
190.2 M
Wall Street Target Price
0.0943

Corus Entertainment Valuation on August 16, 2023

It is possible to determine the worth of Corus Entertainment on a given historical date. On August 16, 2023 Corus was worth 1.33 at the beginning of the trading date compared to the closed value of 1.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Corus Entertainment stock. Still, in general, we apply an absolute valuation method to find Corus Entertainment'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 Corus Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Corus Entertainment's related companies.
 Open High Low Close Volume
  1.30    1.38    1.30    1.33    610,858  
08/16/2023
  1.33    1.35    1.30    1.32    1,275,188  
  1.31    1.33    1.30    1.30    1,054,415  
Backtest Corus Entertainment  |  Corus Entertainment History  |  Corus Entertainment Valuation   PreviousNext  
Open Value
1.33
1.32
Closing Value
27.30
Upside

Corus Entertainment Trading Date Momentum on August 16, 2023

On August 17 2023 Corus Entertainment was traded for  1.30  at the closing time. The highest price during the trading period was 1.33  and the lowest recorded bid was listed for  1.30 . The volume for the day was 1.1 M. This history from August 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.52% . The overall trading delta to the current price is 0.00% .

Corus Entertainment Fundamentals Correlations and Trends

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

About Corus Entertainment Stock history

Corus Entertainment 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 Corus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Corus Entertainment 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 Corus Entertainment stock prices may prove useful in developing a viable investing in Corus Entertainment
Last ReportedProjected for Next Year
Common Stock Shares Outstanding229.4 M136.9 M
Net Loss-220.6 M-209.5 M

Corus Entertainment Stock Technical Analysis

Corus Entertainment 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 Corus Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Corus Entertainment 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

Corus Entertainment Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Corus Entertainment 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.

Corus Entertainment November 28, 2024 Market Strength

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

Corus Entertainment Technical and Predictive Indicators

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

Additional Tools for Corus Stock Analysis

When running Corus Entertainment's price analysis, check to measure Corus Entertainment'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 Corus Entertainment is operating at the current time. Most of Corus Entertainment's value examination focuses on studying past and present price action to predict the probability of Corus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corus Entertainment's price. Additionally, you may evaluate how the addition of Corus Entertainment to your portfolios can decrease your overall portfolio volatility.