Cnb Corporation Stock Price on July 23, 2024
CNBZ Stock | USD 18.00 0.06 0.33% |
If you're considering investing in CNB Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of CNB stands at 18.00, as last reported on the 24th of November, with the highest price reaching 18.00 and the lowest price hitting 18.00 during the day. CNB Corporation retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. CNB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CNB's variance of 0.2019, and Market Risk Adjusted Performance of (1.43) to double-check the risk estimate we provide.
CNB Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
CNB |
Sharpe Ratio = -0.1513
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Estimated Market Risk
0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CNB 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 CNB by adding CNB to a well-diversified portfolio.
CNB Valuation on July 23, 2024
It is possible to determine the worth of CNB on a given historical date. On July 23, 2024 CNB was worth 19.0 at the beginning of the trading date compared to the closed value of 19.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CNB pink sheet. Still, in general, we apply an absolute valuation method to find CNB'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 CNB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CNB's related companies.
Open | High | Low | Close | Volume | |
19.00 | 19.00 | 19.00 | 19.00 | 1.00 | |
07/23/2024 | 19.00 | 19.00 | 19.00 | 19.00 | 1.00 |
19.00 | 19.00 | 19.00 | 19.00 | 1.00 |
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CNB Trading Date Momentum on July 23, 2024
On July 29 2024 CNB Corporation was traded for 19.00 at the closing time. The top price for the day was 19.00 and the lowest listed price was 19.00 . There was no trading activity during the period 1.0. Lack of trading volume on July 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 5.26% . |
CNB Corporation Fundamentals Correlations and Trends
By evaluating CNB'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 CNB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CNB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CNB Pink Sheet history
CNB 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 CNB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CNB Corporation 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 CNB stock prices may prove useful in developing a viable investing in CNB
CNB Corporation operates as the bank holding company for Citizens National Bank that provides various banking services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. CNB Corporation was founded in 1931 and is based in Cheboygan, Michigan. Cnb Corp operates under BanksRegional classification in the United States and is traded on OTC Exchange.
CNB Pink Sheet Technical Analysis
CNB 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
CNB Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
CNB Corporation 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.
CNB November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how CNB 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 CNB shares will generate the highest return on investment. By undertsting and applying CNB pink sheet market strength indicators, traders can identify CNB Corporation entry and exit signals to maximize returns
CNB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CNB's price direction in advance. Along with the technical and fundamental analysis of CNB Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of CNB 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 | (0.08) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.44) |
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Volume Indicators |
Additional Tools for CNB Pink Sheet Analysis
When running CNB's price analysis, check to measure CNB'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 CNB is operating at the current time. Most of CNB's value examination focuses on studying past and present price action to predict the probability of CNB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNB's price. Additionally, you may evaluate how the addition of CNB to your portfolios can decrease your overall portfolio volatility.