Cascades Stock Price on March 21, 2024

CAS Stock  CAD 12.35  0.20  1.59%   
If you're considering investing in Cascades Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cascades stands at 12.35, as last reported on the 8th of December, with the highest price reaching 12.62 and the lowest price hitting 12.15 during the day. Cascades appears to be somewhat reliable, given 3 months investment horizon. Cascades secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36% return per unit of risk over the last 3 months. By analyzing Cascades' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Cascades' Mean Deviation of 1.12, downside deviation of 1.09, and Risk Adjusted Performance of 0.2707 to double-check if our risk estimates are consistent with your expectations.
  
Cascades Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3591

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsCAS
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.39
  actual daily
12
88% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.36
  actual daily
28
72% of assets perform better
Based on monthly moving average Cascades is performing at about 28% 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 Cascades by adding it to a well-diversified portfolio.

Cascades Main Headline on 21st of March 2024

Cascades dividend paid on 21st of March 2024

Cascades Valuation on March 21, 2024

It is possible to determine the worth of Cascades on a given historical date. On March 21, 2024 Cascades was worth 9.4 at the beginning of the trading date compared to the closed value of 9.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cascades stock. Still, in general, we apply an absolute valuation method to find Cascades' 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 Cascades where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cascades' related companies.
 Open High Low Close Volume
  9.41    9.44    9.29    9.36    151,101  
03/21/2024
  9.40    9.67    9.36    9.64    414,614  
  9.72    9.92    9.70    9.78    223,798  
Backtest Cascades  |  Cascades History  |  Cascades Valuation   PreviousNext  
Open Value
9.4
9.64
Closing Value
13.57
Upside

Cascades Trading Date Momentum on March 21, 2024

On March 22 2024 Cascades was traded for  9.78  at the closing time. The maximum traded price for the trading interval was 9.92  and the lowest daily price was  9.70 . The daily volume was recorded at 223.8 K. The volume of trading on 22nd of March 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.45% . The overall trading delta to the closing price today is 0.93% .

Cascades Fundamentals Correlations and Trends

By evaluating Cascades' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cascades' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cascades financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cascades Stock history

Cascades 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 Cascades is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cascades 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 Cascades stock prices may prove useful in developing a viable investing in Cascades
Cascades Inc. produces, converts, and markets packaging and tissue products in Canada, the United States, Italy, and internationally. Cascades Inc. was founded in 1964 and is headquartered in Kingsey Falls, Canada. CASCADES INC operates under Paper Paper Products classification in Canada and is traded on Toronto Stock Exchange. It employs 12000 people.

Cascades Stock Technical Analysis

Cascades 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 Cascades technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cascades 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

Cascades Period Price Range

Low
December 8, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cascades 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.

Cascades December 8, 2024 Market Strength

Market strength indicators help investors to evaluate how Cascades stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cascades shares will generate the highest return on investment. By undertsting and applying Cascades stock market strength indicators, traders can identify Cascades entry and exit signals to maximize returns

Cascades Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cascades' price direction in advance. Along with the technical and fundamental analysis of Cascades Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cascades 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.

Other Information on Investing in Cascades Stock

Cascades financial ratios help investors to determine whether Cascades 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 Cascades with respect to the benefits of owning Cascades security.