Canadian National Railway Stock Price on November 5, 2024
| CNI Stock | USD 111.26 1.62 1.48% |
Below is the normalized historical share price chart for Canadian National Railway extending back to November 17, 1995. 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 Canadian National stands at 111.26, as last reported on the 27th of November, with the highest price reaching 111.81 and the lowest price hitting 108.95 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian National Railway secures Sharpe Ratio (or Efficiency) of -0.0768, which signifies that the company had a -0.0768% return per unit of risk over the last 3 months. Canadian National Railway exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian National's Standard Deviation of 1.11, risk adjusted performance of (0.06), and Mean Deviation of 0.8649 to double-check the risk estimate we provide.
As of now, Canadian National's Common Stock Shares Outstanding is decreasing as compared to previous years. The Canadian National's current Stock Based Compensation is estimated to increase to about 67.2 M, while Total Stockholder Equity is projected to decrease to under 12.8 B. . As of now, Canadian National's Price To Book Ratio is increasing as compared to previous years. The Canadian National's current Price Sales Ratio is estimated to increase to 6.83, while Price Earnings Ratio is projected to decrease to 13.28. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of November 1996 | 200 Day MA 120.5196 | 50 Day MA 112.9514 | Beta 0.648 |
Canadian |
Sharpe Ratio = -0.0768
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CNI |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian National 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 Canadian National by adding Canadian National to a well-diversified portfolio.
Price Book 5.0335 | Enterprise Value Ebitda 13.3024 | Price Sales 4.0315 | Shares Float 579 M | Dividend Share 3.325 |
Canadian National Main Headline on 5th of November 2024
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Canadian National Valuation on November 5, 2024
It is possible to determine the worth of Canadian National on a given historical date. On November 5, 2024 Canadian was worth 107.79 at the beginning of the trading date compared to the closed value of 109.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian National stock. Still, in general, we apply an absolute valuation method to find Canadian National'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 Canadian National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian National's related companies.
| Open | High | Low | Close | Volume | |
| 108.07 | 109.25 | 107.54 | 108.00 | 1,087,484 | |
11/05/2024 | 107.79 | 109.07 | 107.70 | 109.01 | 870,041 |
| 110.00 | 112.78 | 107.82 | 112.32 | 2,429,185 |
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Canadian National Trading Date Momentum on November 5, 2024
| On November 06 2024 Canadian National Railway was traded for 112.32 at the closing time. Highest Canadian National's price during the trading hours was 112.78 and the lowest price during the day was 107.82 . The net volume was 2.4 M. The overall trading history on the 6th of November contributed to the next trading period price growth. The overall trading delta to the next next day price was 3.04% . The overall trading delta to current price is 0.31% . |
Canadian National Railway Fundamentals Correlations and Trends
By evaluating Canadian National'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 Canadian National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canadian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canadian National Stock history
Canadian National 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 Canadian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian National Railway 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 Canadian National stock prices may prove useful in developing a viable investing in Canadian National
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 659.1 M | 757.7 M | |
| Net Income Applicable To Common Shares | 5.9 B | 6.2 B |
Canadian National Stock Technical Analysis
Canadian National 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
Canadian National Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Canadian National Railway cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Canadian National November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian National shares will generate the highest return on investment. By undertsting and applying Canadian National stock market strength indicators, traders can identify Canadian National Railway entry and exit signals to maximize returns
Canadian National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian National's price direction in advance. Along with the technical and fundamental analysis of Canadian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canadian 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 | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.12) |
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Complementary Tools for Canadian Stock analysis
When running Canadian National's price analysis, check to measure Canadian National'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 Canadian National is operating at the current time. Most of Canadian National's value examination focuses on studying past and present price action to predict the probability of Canadian National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian National's price. Additionally, you may evaluate how the addition of Canadian National to your portfolios can decrease your overall portfolio volatility.
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