Canadian Natural Resources Stock Price on January 6, 2023
| CNQ Stock | USD 34.84 0.29 0.84% |
Below is the normalized historical share price chart for Canadian Natural Resources extending back to July 31, 2000. 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 Natural stands at 34.84, as last reported on the 25th of November, with the highest price reaching 34.98 and the lowest price hitting 34.29 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Natural Res secures Sharpe Ratio (or Efficiency) of -0.0334, which signifies that the company had a -0.0334% return per unit of risk over the last 3 months. Canadian Natural Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Natural's Mean Deviation of 1.37, standard deviation of 1.76, and Risk Adjusted Performance of 0.002 to double-check the risk estimate we provide.
At this time, Canadian Natural's Total Stockholder Equity is relatively stable compared to the past year. As of 11/25/2024, Common Stock Shares Outstanding is likely to grow to about 2.2 B, though Sale Purchase Of Stock is likely to grow to (3.2 B). . At this time, Canadian Natural's Price To Sales Ratio is relatively stable compared to the past year. As of 11/25/2024, Price Book Value Ratio is likely to grow to 2.98, while Price To Free Cash Flows Ratio is likely to drop 12.09. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of May 1976 | 200 Day MA 35.7094 | 50 Day MA 34.5896 | Beta 1.878 |
Canadian |
Sharpe Ratio = -0.0334
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| Negative Returns | CNQ |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian Natural 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 Natural by adding Canadian Natural to a well-diversified portfolio.
Price Book 2.5799 | Enterprise Value Ebitda 6.6437 | Price Sales 2.0599 | Shares Float 2.1 B | Dividend Share 2.075 |
Canadian Natural Valuation on January 6, 2023
It is possible to determine the worth of Canadian Natural on a given historical date. On January 6, 2023 Canadian was worth 24.37 at the beginning of the trading date compared to the closed value of 25.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Natural stock. Still, in general, we apply an absolute valuation method to find Canadian Natural'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 Natural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Natural's related companies.
| Open | High | Low | Close | Volume | |
| 23.96 | 24.47 | 23.86 | 23.97 | 5,999,084 | |
01/06/2023 | 24.37 | 25.20 | 24.26 | 25.14 | 4,190,820 |
| 25.60 | 25.91 | 25.38 | 25.44 | 4,880,102 |
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Canadian Natural Trading Date Momentum on January 6, 2023
| On January 09 2023 Canadian Natural Resources was traded for 25.44 at the closing time. Highest Canadian Natural's price during the trading hours was 25.91 and the lowest price during the day was 25.38 . The net volume was 4.9 M. The overall trading history on the 9th of January contributed to the next trading period price gain. The overall trading delta to the next next day price was 1.19% . The overall trading delta to current price is 5.61% . |
Canadian Natural Res Fundamentals Correlations and Trends
By evaluating Canadian Natural'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 Natural'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 Natural Stock history
Canadian Natural 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 Natural Res 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 Natural stock prices may prove useful in developing a viable investing in Canadian Natural
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.2 B | 2.2 B | |
| Net Income Applicable To Common Shares | 12.6 B | 13.2 B |
Canadian Natural Stock Technical Analysis
Canadian Natural 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 Natural Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Canadian Natural Resources 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 Natural November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Natural 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 Natural shares will generate the highest return on investment. By undertsting and applying Canadian Natural stock market strength indicators, traders can identify Canadian Natural Resources entry and exit signals to maximize returns
Canadian Natural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Natural'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 | 0.002 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.03) |
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Additional Tools for Canadian Stock Analysis
When running Canadian Natural's price analysis, check to measure Canadian Natural'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 Natural is operating at the current time. Most of Canadian Natural's value examination focuses on studying past and present price action to predict the probability of Canadian Natural'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 Natural's price. Additionally, you may evaluate how the addition of Canadian Natural to your portfolios can decrease your overall portfolio volatility.