Canadian Natural Resources Stock Price on May 25, 2023
| CNQ Stock | CAD 45.55 0.35 0.76% |
Below is the normalized historical share price chart for Canadian Natural Resources extending back to December 18, 1989. 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 45.55, as last reported on the 11th of December 2024, with the highest price reaching 46.50 and the lowest price hitting 45.54 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. As of now, Canadian Stock is very steady. Canadian Natural Res secures Sharpe Ratio (or Efficiency) of 0.045, which signifies that the company had a 0.045% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Natural Resources, which you can use to evaluate the volatility of the firm. Please confirm Canadian Natural's Mean Deviation of 1.31, downside deviation of 1.93, and Risk Adjusted Performance of 0.0217 to double-check if the risk estimate we provide is consistent with the expected return of 0.0782%.
At this time, Canadian Natural's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Capital Stock is likely to grow to about 10.9 B, while Common Stock Shares Outstanding is likely to drop about 1.9 B. . At this time, Canadian Natural's Price Fair Value is very stable compared to the past year. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 49.0528 | 50 Day MA 47.9282 | Beta 1.878 |
Canadian |
Sharpe Ratio = 0.045
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Canadian Natural is performing at about 3% 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 Canadian Natural by adding it to a well-diversified portfolio.
Price Book 2.4311 | Enterprise Value Ebitda 6.2922 | Price Sales 2.6931 | Shares Float 2.1 B | Dividend Share 2.075 |
Canadian Natural Valuation on May 25, 2023
It is possible to determine the worth of Canadian Natural on a given historical date. On May 25, 2023 Canadian was worth 35.7 at the beginning of the trading date compared to the closed value of 35.1. 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 | |
| 36.73 | 36.84 | 35.88 | 36.17 | 8,080,454 | |
05/25/2023 | 35.70 | 35.75 | 34.88 | 35.10 | 8,391,446 |
| 35.39 | 35.54 | 35.18 | 35.40 | 12,290,534 |
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Canadian Natural Trading Date Momentum on May 25, 2023
| On May 26 2023 Canadian Natural Resources was traded for 35.40 at the closing time. The maximum traded price for the trading interval was 35.54 and the lowest daily price was 35.18 . The daily volume was recorded at 12.3 M. The volume of trading on 26th of May 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.85% . The overall trading delta to the closing price today is 2.02% . |
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 | 1.9 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 | December 11, 2024
| High |
0.00 | 0.00 |
Canadian Natural Resources 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.
Canadian Natural December 11, 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 | 0.0217 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.64) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Natural Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.