Power Stock Price on August 1, 2024
| POW Stock | CAD 49.10 0.48 0.99% |
If you're considering investing in PowerOf Stock, it is important to understand the factors that can impact its price. As of today, the current price of PowerOf Canada stands at 49.10, as last reported on the 28th of February, with the highest price reaching 49.18 and the lowest price hitting 48.33 during the day. As of now, PowerOf Stock is very steady. PowerOf Canada maintains Sharpe Ratio (i.e., Efficiency) of 0.0827, which implies the firm had a 0.0827 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PowerOf Canada, which you can use to evaluate the volatility of the company. Please check PowerOf Canada's Semi Deviation of 0.8179, coefficient of variation of 1208.5, and Risk Adjusted Performance of 0.0643 to confirm if the risk estimate we provide is consistent with the expected return of 0.0921%.
PowerOf Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PowerOf |
Sharpe Ratio = 0.0827
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average PowerOf Canada is performing at about 6% 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 PowerOf Canada by adding it to a well-diversified portfolio.
PowerOf Canada Main Headline on 1st of August 2024
PowerOf Canada dividend paid on 1st of August 2024 |
PowerOf Canada Valuation on August 1, 2024
It is possible to determine the worth of PowerOf Canada on a given historical date. On August 1, 2024 PowerOf was worth 39.04 at the beginning of the trading date compared to the closed value of 38.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PowerOf Canada stock. Still, in general, we apply an absolute valuation method to find PowerOf Canada'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 PowerOf Canada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PowerOf Canada's related companies.
| Open | High | Low | Close | Volume | |
| 39.02 | 39.16 | 38.85 | 38.95 | 1,532,817 | |
08/01/2024 | 39.04 | 39.11 | 38.13 | 38.52 | 1,105,384 |
| 37.99 | 38.00 | 36.54 | 36.91 | 1,898,641 |
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PowerOf Canada Trading Date Momentum on August 1, 2024
| On August 02 2024 Power was traded for 36.91 at the closing time. The maximum traded price for the trading interval was 38.00 and the lowest daily price was 36.54 . The daily volume was recorded at 1.9 M. The volume of trading on 2nd of August 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.18% . The trading delta at closing time to the closing price today is 6.36% . |
PowerOf Canada Fundamentals Correlations and Trends
By evaluating PowerOf Canada'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 PowerOf Canada's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PowerOf financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PowerOf Canada Stock history
PowerOf Canada 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 PowerOf is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PowerOf Canada 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 PowerOf Canada stock prices may prove useful in developing a viable investing in PowerOf Canada
Power Corporation of Canada operates as an international management and holding company in North America, Europe, and Asia. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc. POWER CORPORATION operates under Diversified Conglomerates classification in Canada and is traded on Toronto Stock Exchange.
PowerOf Canada Stock Technical Analysis
PowerOf Canada 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
PowerOf Canada Period Price Range
Low | February 28, 2025
| High |
0.00 | 0.00 |
Power 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.
PowerOf Canada February 28, 2025 Market Strength
Market strength indicators help investors to evaluate how PowerOf Canada stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PowerOf Canada shares will generate the highest return on investment. By undertsting and applying PowerOf Canada stock market strength indicators, traders can identify Power entry and exit signals to maximize returns
PowerOf Canada Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PowerOf Canada's price direction in advance. Along with the technical and fundamental analysis of PowerOf Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PowerOf 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 | 0.0643 | |||
| Jensen Alpha | 0.0893 | |||
| Total Risk Alpha | 0.1168 | |||
| Sortino Ratio | 0.1145 | |||
| Treynor Ratio | 0.2605 |
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Other Information on Investing in PowerOf Stock
PowerOf Canada financial ratios help investors to determine whether PowerOf 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 PowerOf with respect to the benefits of owning PowerOf Canada security.