Canadian Net Real Stock Price on February 16, 2024
NET-UN Stock | 5.29 0.04 0.76% |
Below is the normalized historical share price chart for Canadian Net Real extending back to June 12, 2007. 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 Net stands at 5.29, as last reported on the 30th of November, with the highest price reaching 5.30 and the lowest price hitting 5.25 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Net Real secures Sharpe Ratio (or Efficiency) of -0.014, which signifies that the company had a -0.014% return per unit of risk over the last 3 months. Canadian Net Real exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Net's Standard Deviation of 1.07, risk adjusted performance of (0.03), and Mean Deviation of 0.7781 to double-check the risk estimate we provide.
The current year's Capital Stock is expected to grow to about 107.6 M, whereas Total Stockholder Equity is forecasted to decline to about 94.1 M. . At present, Canadian Net's Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 10.72, whereas Price To Sales Ratio is forecasted to decline to 3.57. Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.1959 | 50 Day MA 5.4983 | Beta 0.599 |
Canadian |
Sharpe Ratio = -0.014
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NET-UN |
Estimated Market Risk
1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian Net 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 Net by adding Canadian Net to a well-diversified portfolio.
Price Book 0.8404 | Enterprise Value Ebitda 15.592 | Price Sales 3.8608 | Shares Float 17.4 M | Wall Street Target Price 6.2375 |
Related Headline
Solid Impact Headline on 16th of February 2024
Closing Bell Solid Impact Investments Corp flat on Monday - ... by news.google.com
Closing Bell Solid Impact Investments Corp flat on Monday The Globe and Mail
Canadian Net Valuation on February 16, 2024
It is possible to determine the worth of Canadian Net on a given historical date. On February 16, 2024 Canadian was worth 4.66 at the beginning of the trading date compared to the closed value of 4.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Net stock. Still, in general, we apply an absolute valuation method to find Canadian Net'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 Net where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Net's related companies.
Open | High | Low | Close | Volume | |
4.63 | 4.68 | 4.63 | 4.66 | 5,300 | |
02/16/2024 | 4.66 | 4.66 | 4.64 | 4.64 | 3,100 |
4.62 | 4.63 | 4.60 | 4.60 | 7,000 |
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Canadian Net Trading Date Momentum on February 16, 2024
On February 20 2024 Canadian Net Real was traded for 4.60 at the closing time. The highest price during the trading period was 4.63 and the lowest recorded bid was listed for 4.60 . The volume for the day was 7 K. This history from February 20, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.86% . The overall trading delta to the current price is 0.22% . |
Canadian Net Real Fundamentals Correlations and Trends
By evaluating Canadian Net'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 Net'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 Net Stock history
Canadian Net 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 Net Real 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 Net stock prices may prove useful in developing a viable investing in Canadian Net
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 20.5 M | 17.2 M | |
Net Income Applicable To Common Shares | 28.9 M | 30.3 M |
Canadian Net Stock Technical Analysis
Canadian Net 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 Net Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Canadian Net Real cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 Net November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Net 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 Net shares will generate the highest return on investment. By undertsting and applying Canadian Net stock market strength indicators, traders can identify Canadian Net Real entry and exit signals to maximize returns
Canadian Net Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Net'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 | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | 0.7182 |
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Volume Indicators |
Complementary Tools for Canadian Stock analysis
When running Canadian Net's price analysis, check to measure Canadian Net'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 Net is operating at the current time. Most of Canadian Net's value examination focuses on studying past and present price action to predict the probability of Canadian Net'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 Net's price. Additionally, you may evaluate how the addition of Canadian Net to your portfolios can decrease your overall portfolio volatility.
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