Canacol Energy Stock Price on August 30, 2024
| CNE Stock | CAD 3.80 0.07 1.81% |
Below is the normalized historical share price chart for Canacol Energy extending back to May 25, 1981. 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 Canacol Energy stands at 3.80, as last reported on the 28th of November, with the highest price reaching 3.89 and the lowest price hitting 3.72 during the day.
If you're considering investing in Canacol Stock, it is important to understand the factors that can impact its price. As of now, Canacol Stock is relatively risky. Canacol Energy secures Sharpe Ratio (or Efficiency) of 0.0286, which signifies that the company had a 0.0286% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Canacol Energy, which you can use to evaluate the volatility of the firm. Please confirm Canacol Energy's Risk Adjusted Performance of 0.0047, mean deviation of 2.43, and Standard Deviation of 3.54 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
At this time, Canacol Energy's Total Stockholder Equity is very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 35.8 M, while Common Stock is likely to drop about 125 M. . At this time, Canacol Energy's Price Earnings Ratio is very stable compared to the past year. As of the 28th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 1.97, while Price To Sales Ratio is likely to drop 0.54. Canacol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.2673 | 50 Day MA 3.2998 | Beta 0.838 |
Canacol |
Sharpe Ratio = 0.0286
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | CNE | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Canacol Energy is performing at about 2% 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 Canacol Energy by adding it to a well-diversified portfolio.
Price Book 0.2702 | Enterprise Value Ebitda 3.0508 | Price Sales 0.3648 | Shares Float 19.8 M | Dividend Share 0.211 |
Canacol Energy Valuation on August 30, 2024
It is possible to determine the worth of Canacol Energy on a given historical date. On August 30, 2024 Canacol was worth 3.7 at the beginning of the trading date compared to the closed value of 3.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canacol Energy stock. Still, in general, we apply an absolute valuation method to find Canacol Energy'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 Canacol Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canacol Energy's related companies.
| Open | High | Low | Close | Volume | |
| 3.94 | 3.94 | 3.70 | 3.73 | 26,508 | |
08/30/2024 | 3.70 | 3.78 | 3.70 | 3.70 | 26,867 |
| 3.72 | 3.72 | 3.60 | 3.60 | 18,291 |
| Backtest Canacol Energy | | | Canacol Energy History | | | Canacol Energy Valuation | Previous | Next |
Canacol Energy Trading Date Momentum on August 30, 2024
| On September 03 2024 Canacol Energy was traded for 3.60 at the closing time. The maximum traded price for the trading interval was 3.72 and the lowest daily price was 3.60 . The daily volume was recorded at 18.3 K. The volume of trading on 3rd of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.70% . The overall trading delta to the closing price today is 7.57% . |
Canacol Energy Fundamentals Correlations and Trends
By evaluating Canacol Energy'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 Canacol Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canacol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canacol Energy Stock history
Canacol Energy 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 Canacol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canacol Energy 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 Canacol Energy stock prices may prove useful in developing a viable investing in Canacol Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.1 M | 35.8 M | |
| Net Income Applicable To Common Shares | 169.4 M | 177.8 M |
Canacol Energy Stock Technical Analysis
Canacol Energy 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.
Price Boundaries
Canacol Energy Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Canacol Energy 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.
Canacol Energy November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Canacol Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canacol Energy shares will generate the highest return on investment. By undertsting and applying Canacol Energy stock market strength indicators, traders can identify Canacol Energy entry and exit signals to maximize returns
Canacol Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canacol Energy's price direction in advance. Along with the technical and fundamental analysis of Canacol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canacol 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 | 0.0047 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Canacol Stock
Canacol Energy financial ratios help investors to determine whether Canacol 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 Canacol with respect to the benefits of owning Canacol Energy security.