Canterbury Park Stock Forecast - Accumulation Distribution
| CPHC Stock | USD 21.74 0.63 2.98% |
Canterbury Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Canterbury Park stock prices and determine the direction of Canterbury Park Holding's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Canterbury Park's historical fundamentals, such as revenue growth or operating cash flow patterns.
Canterbury |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 149.82 | 44.6 |
| Check Canterbury Park Volatility | Backtest Canterbury Park | Trend Details |
Canterbury Park Trading Date Momentum
| On September 13 2024 Canterbury Park Holding was traded for 18.78 at the closing time. The top price for the day was 18.83 and the lowest listed price was 18.78 . The trading volume for the day was 1.8 K. The trading history from September 13, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 3.57% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Canterbury Park to competition |
Other Forecasting Options for Canterbury Park
For every potential investor in Canterbury, whether a beginner or expert, Canterbury Park's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canterbury Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canterbury. Basic forecasting techniques help filter out the noise by identifying Canterbury Park's price trends.Canterbury Park Related Equities
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 Canterbury Park stock to make a market-neutral strategy. Peer analysis of Canterbury Park could also be used in its relative valuation, which is a method of valuing Canterbury Park by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canterbury Park Holding Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Canterbury Park's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Canterbury Park's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
Canterbury Park Market Strength Events
Market strength indicators help investors to evaluate how Canterbury Park stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canterbury Park shares will generate the highest return on investment. By undertsting and applying Canterbury Park stock market strength indicators, traders can identify Canterbury Park Holding entry and exit signals to maximize returns.
Canterbury Park Risk Indicators
The analysis of Canterbury Park's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Canterbury Park's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canterbury stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.94 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.14 | |||
| Downside Variance | 6.93 | |||
| Semi Variance | 3.77 | |||
| Expected Short fall | (2.01) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:Check out Historical Fundamental Analysis of Canterbury Park to cross-verify your projections. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share 0.98 | Revenue Per Share 12.525 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0318 |
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.