The Connecticut Light Stock Price on August 16, 2023
| CNLTP Stock | USD 37.50 1.00 2.74% |
If you're considering investing in Connecticut Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Connecticut Light stands at 37.50, as last reported on the 11th of December 2024, with the highest price reaching 37.50 and the lowest price hitting 37.50 during the day. Currently, The Connecticut Light is very steady. Connecticut Light secures Sharpe Ratio (or Efficiency) of 0.0581, which signifies that the company had a 0.0581% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for The Connecticut Light, which you can use to evaluate the volatility of the firm. Please confirm Connecticut Light's Mean Deviation of 0.6004, semi deviation of 0.6012, and Risk Adjusted Performance of 0.0507 to double-check if the risk estimate we provide is consistent with the expected return of 0.0588%.
Connecticut Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Connecticut |
Sharpe Ratio = 0.0581
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Estimated Market Risk
| 1.01 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Connecticut Light is performing at about 4% 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 Connecticut Light by adding it to a well-diversified portfolio.
Connecticut Light Valuation on August 16, 2023
It is possible to determine the worth of Connecticut Light on a given historical date. On August 16, 2023 Connecticut was worth 36.09 at the beginning of the trading date compared to the closed value of 36.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Connecticut Light pink sheet. Still, in general, we apply an absolute valuation method to find Connecticut Light'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 Connecticut Light where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Connecticut Light's related companies.
| Open | High | Low | Close | Volume | |
| 36.23 | 36.23 | 36.23 | 36.23 | 100.00 | |
08/08/2023 | 36.09 | 36.09 | 36.09 | 36.09 | 187.00 |
| 35.16 | 35.16 | 35.16 | 35.16 | 100.00 |
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Connecticut Light Trading Date Momentum on August 16, 2023
| On August 21 2023 The Connecticut Light was traded for 35.16 at the closing time. The highest daily price throughout the period was 35.16 and the lowest price was 35.16 . The daily volume was 100.0. The net trading volume on 08/21/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.58% . The trading price change to current closing price is 2.58% . |
Connecticut Light Fundamentals Correlations and Trends
By evaluating Connecticut Light'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 Connecticut Light's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Connecticut financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 | 0.0507 | |||
| Jensen Alpha | 0.0556 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 5.12 |
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Additional Tools for Connecticut Pink Sheet Analysis
When running Connecticut Light's price analysis, check to measure Connecticut Light'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 Connecticut Light is operating at the current time. Most of Connecticut Light's value examination focuses on studying past and present price action to predict the probability of Connecticut Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Light's price. Additionally, you may evaluate how the addition of Connecticut Light to your portfolios can decrease your overall portfolio volatility.