Canadian Tire (Germany) Price on September 26, 2024
| YAAA Stock | 102.40 0.60 0.58% |
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Tire stands at 102.40, as last reported on the 29th of November, with the highest price reaching 103.80 and the lowest price hitting 102.40 during the day. Currently, Canadian Tire Corp is very steady. Canadian Tire Corp secures Sharpe Ratio (or Efficiency) of 0.0342, which signifies that the company had a 0.0342% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Canadian Tire Corp, which you can use to evaluate the volatility of the firm. Please confirm Canadian Tire's Downside Deviation of 1.09, risk adjusted performance of 0.0279, and Mean Deviation of 0.6736 to double-check if the risk estimate we provide is consistent with the expected return of 0.0338%.
Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Canadian |
Sharpe Ratio = 0.0342
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Canadian Tire is performing at about 2% 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 Tire by adding it to a well-diversified portfolio.
Canadian Tire Valuation on September 26, 2024
It is possible to determine the worth of Canadian Tire on a given historical date. On September 26, 2024 Canadian was worth 102.98 at the beginning of the trading date compared to the closed value of 104.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Tire stock. Still, in general, we apply an absolute valuation method to find Canadian Tire'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 Tire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Tire's related companies.
| Open | High | Low | Close | Volume | |
| 103.67 | 103.86 | 103.37 | 103.37 | 1.00 | |
09/26/2024 | 102.98 | 105.54 | 102.88 | 104.36 | 1.00 |
| 104.65 | 105.14 | 104.65 | 104.65 | 1.00 |
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Canadian Tire Trading Date Momentum on September 26, 2024
| On September 27 2024 Canadian Tire Corp was traded for 104.65 at the closing time. The highest price during the trading period was 105.14 and the lowest recorded bid was listed for 104.65 . There was no trading activity during the period 1.0. Lack of trading volume on September 27, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.28% . The overall trading delta to the current price is 0.57% . |
Canadian Tire Corp Fundamentals Correlations and Trends
By evaluating Canadian Tire'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 Tire'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 Tire Stock history
Canadian Tire 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 Tire Corp 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 Tire stock prices may prove useful in developing a viable investing in Canadian Tire
Canadian Tire Stock Technical Analysis
Canadian Tire 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 Tire Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Canadian Tire Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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 Tire November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Tire 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 Tire shares will generate the highest return on investment. By undertsting and applying Canadian Tire stock market strength indicators, traders can identify Canadian Tire Corp entry and exit signals to maximize returns
Canadian Tire Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Tire'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 | 0.0279 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0676 |
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Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire'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 Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.