Canadian Natural Resources Ltd. stock falls Wednesday, underperforms market - MarketWatch
| CNQ Stock | CAD 48.14 0.91 1.93% |
About 55% of Canadian Natural's investors are presently thinking to get in. The current sentiment of investing in Canadian Natural Resources suggests that some traders are interested. Canadian Natural's investing sentiment overview a quick insight into current market opportunities from investing in Canadian Natural Resources. Many technical investors use Canadian Natural Res stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Canadian Natural Resources Ltd. stock falls Wednesday, underperforms market MarketWatch
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Canadian Natural Fundamental Analysis
We analyze Canadian Natural's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Natural based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Five Year Return
Five Year Return Comparative Analysis
Canadian Natural is currently under evaluation in five year return category among its peers. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Canadian Natural Res Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canadian Natural stock to make a market-neutral strategy. Peer analysis of Canadian Natural could also be used in its relative valuation, which is a method of valuing Canadian Natural by comparing valuation metrics with similar companies.
Peers
Canadian Natural Related Equities
| CVE | Cenovus Energy | 1.31 | ||||
| ENB | Enbridge | 0.38 | ||||
| TRP | TC Energy | 0.35 | ||||
| SU | Suncor Energy | 0.24 | ||||
| PPL | Pembina Pipeline | 0.09 |
Check out Canadian Natural Hype Analysis, Canadian Natural Correlation and Canadian Natural Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..