Canadian Solar Stock Price on November 25, 2024

CSIQ Stock  USD 11.91  0.61  5.40%   
Below is the normalized historical share price chart for Canadian Solar extending back to November 09, 2006. 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 Solar stands at 11.91, as last reported on the 25th of November, with the highest price reaching 11.96 and the lowest price hitting 11.03 during the day.
IPO Date
9th of November 2006
200 Day MA
16.1428
50 Day MA
13.7418
Beta
1.337
 
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. Currently, Canadian Solar is somewhat reliable. Canadian Solar secures Sharpe Ratio (or Efficiency) of 0.0039, which signifies that the company had a 0.0039% return per unit of risk over the last 3 months. We have found thirty technical indicators for Canadian Solar, which you can use to evaluate the volatility of the firm. Please confirm Canadian Solar's Risk Adjusted Performance of 0.0247, mean deviation of 4.27, and Downside Deviation of 6.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0225%.
  
At this time, Canadian Solar's Total Stockholder Equity is relatively stable compared to the past year. As of 11/25/2024, Liabilities And Stockholders Equity is likely to grow to about 12.5 B, while Common Stock Total Equity is likely to drop slightly above 705.7 M. . As of 11/25/2024, Price Earnings Ratio is likely to grow to 6.57, while Price To Sales Ratio is likely to drop 0.21. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0039

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Estimated Market Risk

 5.73
  actual daily
51
51% of assets are less volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Canadian Solar 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 Solar by adding Canadian Solar to a well-diversified portfolio.
Price Book
0.2967
Enterprise Value Ebitda
15.8963
Price Sales
0.121
Shares Float
42.3 M
Wall Street Target Price
18.9478

Canadian Solar Valuation on November 25, 2024

It is possible to determine the worth of Canadian Solar on a given historical date. On November 25, 2024 Canadian was worth 11.17 at the beginning of the trading date compared to the closed value of 11.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Solar stock. Still, in general, we apply an absolute valuation method to find Canadian Solar'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 Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Solar's related companies.
 Open High Low Close Volume
  11.17    11.96    11.03    11.91    1,505,214  
11/25/2024
  11.17    11.96    11.03    11.91    0.00  
Backtest Canadian Solar  |  Canadian Solar History  |  Canadian Solar Valuation   Previous
Open Value
11.17
11.91
Closing Value
28.35
Upside

Canadian Solar Trading Date Momentum on November 25, 2024

On November 25 2024 Canadian Solar was traded for  11.91  at the closing time. The top price for the day was 11.96  and the lowest listed price was  11.03 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.21% .

Canadian Solar Fundamentals Correlations and Trends

By evaluating Canadian Solar'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 Solar'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 Solar Stock history

Canadian Solar 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 Solar 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 Solar stock prices may prove useful in developing a viable investing in Canadian Solar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding72.2 M49.4 M
Net Income Applicable To Common Shares276 M289.8 M

Canadian Solar Quarterly Net Working Capital

201.04 Million

Canadian Solar Stock Technical Analysis

Canadian Solar 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 Solar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Solar 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 Solar Period Price Range

Low
November 25, 2024
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High

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Canadian Solar cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Solar November 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Canadian Solar 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 Solar shares will generate the highest return on investment. By undertsting and applying Canadian Solar stock market strength indicators, traders can identify Canadian Solar entry and exit signals to maximize returns

Canadian Solar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canadian Solar'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.

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar'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 Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.