The Connecticut Light Stock Price on December 6, 2024
If you're considering investing in Connecticut Pink Sheet, it is important to understand the factors that can impact its price. Connecticut Light secures Sharpe Ratio (or Efficiency) of -0.0048, which signifies that the company had a -0.0048% return per unit of standard deviation over the last 3 months. The Connecticut Light exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Connecticut Light's Coefficient Of Variation of (20,904), risk adjusted performance of 0.0013, and Mean Deviation of 0.9442 to double-check the risk estimate we provide.
Connecticut Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Connecticut |
Sharpe Ratio = -0.0048
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Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Connecticut Light 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 Connecticut Light by adding Connecticut Light to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Connecticut Light Pink Sheet history
Connecticut Light 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 Connecticut is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Connecticut Light 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 Connecticut Light stock prices may prove useful in developing a viable investing in Connecticut Light
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States.
Connecticut Light Pink Sheet Technical Analysis
Connecticut Light 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
Connecticut Light Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
The Connecticut Light 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.
Connecticut Light December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Connecticut Light 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 Connecticut Light shares will generate the highest return on investment. By undertsting and applying Connecticut Light pink sheet market strength indicators, traders can identify The Connecticut Light entry and exit signals to maximize returns
Connecticut Light Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Connecticut Light's price direction in advance. Along with the technical and fundamental analysis of Connecticut Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Connecticut 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 | 0.0013 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.17) |
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Other Information on Investing in Connecticut Pink Sheet
Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet 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 Connecticut with respect to the benefits of owning Connecticut Light security.