Canadian Utilities Ltd Preferred Stock Price on July 14, 2023
CU-PH Preferred Stock | CAD 22.15 0.16 0.73% |
If you're considering investing in Canadian Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Utilities stands at 22.15, as last reported on the 30th of November, with the highest price reaching 22.15 and the lowest price hitting 21.72 during the day. Canadian Utilities secures Sharpe Ratio (or Efficiency) of -0.0036, which signifies that the company had a -0.0036% return per unit of risk over the last 3 months. Canadian Utilities Ltd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Utilities' Risk Adjusted Performance of (0.0003), mean deviation of 0.5654, and Standard Deviation of 0.9333 to double-check the risk estimate we provide.
Canadian Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = -0.0036
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Estimated Market Risk
0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
0.0 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 Utilities 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 Utilities by adding Canadian Utilities to a well-diversified portfolio.
Canadian Utilities Valuation on July 14, 2023
It is possible to determine the worth of Canadian Utilities on a given historical date. On July 14, 2023 Canadian was worth 18.01 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Utilities preferred stock. Still, in general, we apply an absolute valuation method to find Canadian Utilities' 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 Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Utilities' related companies.
Open | High | Low | Close | Volume | |
17.92 | 17.92 | 17.92 | 17.92 | 100.00 | |
07/14/2023 | 18.01 | 18.01 | 18.00 | 18.00 | 600.00 |
17.98 | 17.98 | 17.98 | 17.98 | 400.00 |
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Canadian Utilities Trading Date Momentum on July 14, 2023
On July 17 2023 Canadian Utilities Ltd was traded for 17.98 at the closing time. The highest price during the trading period was 17.98 and the lowest recorded bid was listed for 17.98 . The volume for the day was 400. This history from July 17, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.11% . The overall trading delta to the current price is 2.56% . |
Canadian Utilities Fundamentals Correlations and Trends
By evaluating Canadian Utilities' 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 Utilities' 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 Utilities Preferred Stock history
Canadian Utilities 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 Utilities 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 Utilities stock prices may prove useful in developing a viable investing in Canadian Utilities
Canadian Utilities Preferred Stock Technical Analysis
Canadian Utilities technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Canadian Utilities Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Canadian Utilities Ltd 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 Utilities November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Utilities preferred 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 Utilities shares will generate the highest return on investment. By undertsting and applying Canadian Utilities preferred stock market strength indicators, traders can identify Canadian Utilities Ltd entry and exit signals to maximize returns
Canadian Utilities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Utilities' price direction in advance. Along with the technical and fundamental analysis of Canadian Preferred 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 | (0.0003) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | 0.9309 |
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Additional Tools for Canadian Preferred Stock Analysis
When running Canadian Utilities' price analysis, check to measure Canadian Utilities' 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 Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.