Cnx Resources Corp Stock Price on November 5, 2024
CNX Stock | USD 40.34 0.44 1.08% |
Below is the normalized historical share price chart for CNX Resources Corp extending back to April 30, 1999. 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 CNX Resources stands at 40.34, as last reported on the 28th of November, with the highest price reaching 41.12 and the lowest price hitting 40.27 during the day.
If you're considering investing in CNX Stock, it is important to understand the factors that can impact its price. CNX Resources appears to be very steady, given 3 months investment horizon. CNX Resources Corp secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of volatility over the last 3 months. By analyzing CNX Resources' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of CNX Resources' mean deviation of 1.63, and Risk Adjusted Performance of 0.2264 to double-check if our risk estimates are consistent with your expectations.
At this time, CNX Resources' Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to rise to about 1.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.7 B in 2024. . At this time, CNX Resources' Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 25.24 in 2024, whereas Price To Sales Ratio is likely to drop 1.18 in 2024. CNX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of April 1999 | 200 Day MA 27.1982 | 50 Day MA 35.4914 | Beta 1.375 |
CNX |
Sharpe Ratio = 0.2876
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Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average CNX Resources is performing at about 22% 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 CNX Resources by adding it to a well-diversified portfolio.
Price Book 1.43 | Enterprise Value Ebitda 6.3635 | Price Sales 4.4457 | Shares Float 130.7 M | Wall Street Target Price 30 |
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CNX Resources Valuation on November 5, 2024
It is possible to determine the worth of CNX Resources on a given historical date. On November 5, 2024 CNX was worth 34.85 at the beginning of the trading date compared to the closed value of 35.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CNX Resources stock. Still, in general, we apply an absolute valuation method to find CNX Resources' 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 CNX Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CNX Resources' related companies.
Open | High | Low | Close | Volume | |
33.97 | 35.11 | 33.80 | 34.70 | 2,217,704 | |
11/05/2024 | 34.85 | 35.44 | 34.70 | 35.36 | 1,987,507 |
36.76 | 37.47 | 35.00 | 37.10 | 4,530,266 |
Backtest CNX Resources | | | CNX Resources History | | | CNX Resources Valuation | Previous | Next |
CNX Resources Trading Date Momentum on November 5, 2024
On November 06 2024 CNX Resources Corp was traded for 37.10 at the closing time. Highest CNX Resources's price during the trading hours was 37.47 and the lowest price during the day was 35.00 . The net volume was 4.5 M. The overall trading history on the 6th of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 4.92% . The overall trading delta to current price is 8.80% . |
CNX Resources Corp Fundamentals Correlations and Trends
By evaluating CNX Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CNX Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CNX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CNX Resources Stock history
CNX Resources 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 CNX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CNX Resources Corp 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 CNX Resources stock prices may prove useful in developing a viable investing in CNX Resources
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 192 M | 216.7 M | |
Net Loss | -127.9 M | -121.5 M |
CNX Resources Stock Technical Analysis
CNX Resources 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
CNX Resources Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
CNX Resources Corp 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.
CNX Resources November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how CNX Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CNX Resources shares will generate the highest return on investment. By undertsting and applying CNX Resources stock market strength indicators, traders can identify CNX Resources Corp entry and exit signals to maximize returns
CNX Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CNX Resources' price direction in advance. Along with the technical and fundamental analysis of CNX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CNX 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 | 0.2264 | |||
Jensen Alpha | 0.4915 | |||
Total Risk Alpha | 0.2781 | |||
Sortino Ratio | 0.2483 | |||
Treynor Ratio | 0.66 |
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Additional Tools for CNX Stock Analysis
When running CNX Resources' price analysis, check to measure CNX Resources' 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 CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.