Canadian Western Bank Stock Price on June 13, 2024

CWB Stock  CAD 57.93  0.39  0.67%   
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 57.93, as last reported on the 11th of December 2024, with the highest price reaching 58.73 and the lowest price hitting 57.76 during the day.
200 Day MA
42.4712
50 Day MA
57.3508
Beta
1.391
 
Oil Shock
 
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. As of now, Canadian Stock is very steady. Canadian Western Bank secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Western Bank, which you can use to evaluate the volatility of the firm. Please confirm Canadian Western's Risk Adjusted Performance of 0.0953, mean deviation of 0.7841, and Downside Deviation of 1.5 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Canadian Western's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 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 11th of December 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.

Sharpe Ratio = 0.1048

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Estimated Market Risk

 1.28
  actual daily
11
89% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Canadian Western is performing at about 8% 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
1.3833
Price Sales
5.3186
Shares Float
96.2 M
Dividend Share
1.36
Wall Street Target Price
59.5625

Canadian Western Valuation on June 13, 2024

It is possible to determine the worth of Canadian Western on a given historical date. On June 13, 2024 Canadian was worth 40.98 at the beginning of the trading date compared to the closed value of 40.91. 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
  42.72    43.71    41.34    41.62    5,420,823  
06/13/2024
  40.98    41.52    40.71    40.91    1,866,180  
  40.51    41.23    40.16    41.11    1,207,145  
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Open Value
40.98
40.91
Closing Value
44.82
Upside

Canadian Western Trading Date Momentum on June 13, 2024

On June 14 2024 Canadian Western Bank was traded for  41.11  at the closing time. The maximum traded price for the trading interval was 41.23  and the lowest daily price was  40.16 . The daily volume was recorded at 1.2 M. The volume of trading on 14th of June 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.49% . The overall trading delta to the closing price today is 2.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding110.5 M79.3 M
Net Income Applicable To Common Shares356.8 M285.2 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.
A focus of Canadian Western technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Western 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 Western Period Price Range

Low
December 11, 2024
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High

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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 December 11, 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.

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.