Canadian Western Bank Stock Price on March 8, 2024
| CWB Stock | CAD 59.91 0.25 0.42% |
Below is the normalized historical share price chart for Canadian Western Bank extending back to December 19, 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 Western stands at 59.91, as last reported on the 24th of November, with the highest price reaching 60.15 and the lowest price hitting 59.45 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Western appears to be very steady, given 3 months investment horizon. Canadian Western Bank secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We have found thirty technical indicators for Canadian Western Bank, which you can use to evaluate the volatility of the firm. Please makes use of Canadian Western's Risk Adjusted Performance of 0.2604, mean deviation of 0.6631, and Downside Deviation of 0.7288 to double-check if our risk estimates are consistent with your expectations.
At this time, Canadian Western's Total Stockholder Equity is very stable compared to the past year. As of the 24th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 51.1 B, while Common Stock Shares Outstanding is likely to drop about 79.3 M. . At this time, Canadian Western's Price To Sales Ratio is very stable compared to the past year. As of the 24th of November 2024, Price Earnings Ratio is likely to grow to 13.35, while Price Book Value Ratio is likely to drop 0.72. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 40.77 | 50 Day MA 56.0074 | Beta 1.391 |
Canadian |
Sharpe Ratio = 0.3038
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Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Canadian Western is performing at about 23% 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 Western by adding it to a well-diversified portfolio.
Price Book 1.4306 | Price Sales 5.4636 | Shares Float 96.2 M | Dividend Share 1.36 | Wall Street Target Price 57.2875 |
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Canadian Western Valuation on March 8, 2024
It is possible to determine the worth of Canadian Western on a given historical date. On March 8, 2024 Canadian was worth 28.0 at the beginning of the trading date compared to the closed value of 27.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Western stock. Still, in general, we apply an absolute valuation method to find Canadian Western'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 Western where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Western's related companies.
| Open | High | Low | Close | Volume | |
| 27.82 | 27.98 | 27.77 | 27.91 | 165,849 | |
03/08/2024 | 28.00 | 28.02 | 27.48 | 27.48 | 260,221 |
| 27.43 | 27.75 | 27.34 | 27.67 | 333,661 |
| Backtest Canadian Western | | | Canadian Western History | | | Canadian Western Valuation | Previous | Next |
Canadian Western Trading Date Momentum on March 8, 2024
| On March 11 2024 Canadian Western Bank was traded for 27.67 at the closing time. The maximum traded price for the trading interval was 27.75 and the lowest daily price was 27.34 . The daily volume was recorded at 333.7 K. The volume of trading on 11th of March 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.69% . The overall trading delta to the closing price today is 1.20% . |
Canadian Western Bank Fundamentals Correlations and Trends
By evaluating Canadian Western'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 Western'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 Western Stock history
Canadian Western 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 Western Bank 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 Western stock prices may prove useful in developing a viable investing in Canadian Western
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 110.5 M | 79.3 M | |
| Net Income Applicable To Common Shares | 356.8 M | 285.2 M |
Canadian Western Stock Technical Analysis
Canadian Western 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 Western Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Canadian Western Bank 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 Western November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Western 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 Western shares will generate the highest return on investment. By undertsting and applying Canadian Western stock market strength indicators, traders can identify Canadian Western Bank entry and exit signals to maximize returns
Canadian Western Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Western'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 | 0.2604 | |||
| Jensen Alpha | 0.3021 | |||
| Total Risk Alpha | 0.1612 | |||
| Sortino Ratio | 0.2614 | |||
| Treynor Ratio | 4.09 |
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Other Information on Investing in Canadian Stock
Canadian Western financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Western security.