Canadian Net Real Stock Price on September 10, 2024

NET-UN Stock   5.20  0.13  2.44%   
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 5.20, as last reported on the 24th of November, with the highest price reaching 5.35 and the lowest price hitting 5.20 during the day.
200 Day MA
5.1874
50 Day MA
5.5234
Beta
0.599
 
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. Canadian Net Real secures Sharpe Ratio (or Efficiency) of -0.082, which signifies that the company had a -0.082% return per unit of risk over the last 3 months. Canadian Net Real exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Net's Risk Adjusted Performance of (0.07), standard deviation of 1.04, and Mean Deviation of 0.7512 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. . The current year's Price Earnings Ratio is expected to grow to 6.94, 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.

Sharpe Ratio = -0.082

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Estimated Market Risk

 1.04
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  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
0.9027
Enterprise Value Ebitda
36.7205
Price Sales
3.7951
Shares Float
17.4 M
Wall Street Target Price
6.2375

Canadian Net Valuation on September 10, 2024

It is possible to determine the worth of Canadian Net on a given historical date. On September 10, 2024 Canadian was worth 5.35 at the beginning of the trading date compared to the closed value of 5.38. 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
  5.41    5.45    5.39    5.40    5,700  
09/10/2024
  5.35    5.38    5.35    5.38    500.00  
  5.35    5.35    5.35    5.35    900.00  
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Open Value
5.35
5.38
Closing Value
8.47
Upside

Canadian Net Trading Date Momentum on September 10, 2024

On September 11 2024 Canadian Net Real was traded for  5.35  at the closing time. The highest price during the trading period was 5.35  and the lowest recorded bid was listed for  5.35 . The volume for the day was 900. This history from September 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.56% . The overall trading delta to the current price is 0.74% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding20.5 M17.2 M
Net Income Applicable To Common Shares28.9 M30.3 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.
A focus of Canadian Net technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Net 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 Net Period Price Range

Low
November 24, 2024
0.00  NaN%
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 24, 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.

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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