Canadian National Railway Stock Price on July 17, 2024

CNR Stock  CAD 148.65  0.40  0.27%   
Below is the normalized historical share price chart for Canadian National Railway extending back to November 22, 1996. 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 148.65, as last reported on the 22nd of January, with the highest price reaching 149.16 and the lowest price hitting 147.74 during the day.
200 Day MA
159.9255
50 Day MA
150.1912
Beta
0.648
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0363, which signifies that the company had a -0.0363 % return per unit of risk over the last 3 months. Canadian National Railway exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian National's Standard Deviation of 1.03, mean deviation of 0.7876, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
At this time, Canadian National's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of January 2025, Common Stock is likely to grow to about 3.2 B, while Total Stockholder Equity is likely to drop about 12.8 B. . As of the 22nd of January 2025, Price Earnings To Growth Ratio is likely to grow to 1.61, while Price To Sales Ratio is likely to drop 3.10. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0363

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Estimated Market Risk

 1.05
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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
4.7908
Enterprise Value Ebitda
12.737
Price Sales
5.4474
Shares Float
579 M
Dividend Share
3.325

Canadian National Valuation on July 17, 2024

It is possible to determine the worth of Canadian National on a given historical date. On July 17, 2024 Canadian was worth 167.04 at the beginning of the trading date compared to the closed value of 166.54. 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
  164.38    167.65    163.66    167.09    1,244,565  
07/17/2024
  167.04    167.04    164.96    166.54    988,261  
  165.22    166.96    163.74    164.27    1,179,235  
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Open Value
167.04
163.88
Downside
166.54
Closing Value
170.20
Upside

Canadian National Trading Date Momentum on July 17, 2024

On July 18 2024 Canadian National Railway was traded for  164.27  at the closing time. The maximum traded price for the trading interval was 166.96  and the lowest daily price was  163.74 . The daily volume was recorded at 1.2 M. The volume of trading on 18th of July 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.36% . The overall trading delta to the closing price today is 5.25% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding593.2 M757.7 M
Net Income Applicable To Common Shares5.9 B4.3 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.
A focus of Canadian National technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian National trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Canadian National Period Price Range

Low
January 22, 2025
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High

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Canadian National Railway 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 National January 22, 2025 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.
When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.