Chemtrade Logistics Income Stock Price on June 20, 2023
CGIFF Stock | USD 7.51 0.01 0.13% |
If you're considering investing in Chemtrade Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Chemtrade Logistics stands at 7.51, as last reported on the 27th of December, with the highest price reaching 7.51 and the lowest price hitting 7.51 during the day. Chemtrade Logistics secures Sharpe Ratio (or Efficiency) of -0.0755, which signifies that the company had a -0.0755% return per unit of standard deviation over the last 3 months. Chemtrade Logistics Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chemtrade Logistics' risk adjusted performance of (0.01), and Mean Deviation of 1.11 to double-check the risk estimate we provide.
Chemtrade Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Chemtrade |
Sharpe Ratio = -0.0755
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Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chemtrade Logistics is not performing at its full potential. However, 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 Chemtrade Logistics by adding Chemtrade Logistics to a well-diversified portfolio.
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Chemtrade Logistics Valuation on June 20, 2023
It is possible to determine the worth of Chemtrade Logistics on a given historical date. On June 20, 2023 Chemtrade was worth 5.64 at the beginning of the trading date compared to the closed value of 5.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chemtrade Logistics pink sheet. Still, in general, we apply an absolute valuation method to find Chemtrade Logistics' 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 Chemtrade Logistics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chemtrade Logistics' related companies.
Open | High | Low | Close | Volume | |
5.70 | 5.70 | 5.64 | 5.64 | 850.00 | |
06/20/2023 | 5.64 | 5.64 | 5.64 | 5.64 | 3,544 |
5.64 | 5.65 | 5.64 | 5.65 | 1,439 |
Backtest Chemtrade Logistics | | | Chemtrade Logistics History | | | Chemtrade Logistics Valuation | Previous | Next |
Chemtrade Logistics Trading Date Momentum on June 20, 2023
On June 21 2023 Chemtrade Logistics Income was traded for 5.65 at the closing time. The highest daily price throughout the period was 5.65 and the lowest price was 5.64 . The daily volume was 1.4 K. The net trading volume on 06/21/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.18% . The overall trading delta to current closing price is 0.53% . |
Chemtrade Logistics Fundamentals Correlations and Trends
By evaluating Chemtrade Logistics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chemtrade Logistics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chemtrade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chemtrade Logistics Pink Sheet history
Chemtrade Logistics 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 Chemtrade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chemtrade Logistics 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 Chemtrade Logistics stock prices may prove useful in developing a viable investing in Chemtrade Logistics
Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. Chemtrade Logistics Income Fund was founded in 2001 and is headquartered in Toronto, Canada. Chemtrade Logistics operates under Chemicals classification in the United States and is traded on OTC Exchange.
Chemtrade Logistics Pink Sheet Technical Analysis
Chemtrade Logistics technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Chemtrade Logistics Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Chemtrade Logistics Income cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Chemtrade Logistics December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Chemtrade Logistics pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chemtrade Logistics shares will generate the highest return on investment. By undertsting and applying Chemtrade Logistics pink sheet market strength indicators, traders can identify Chemtrade Logistics Income entry and exit signals to maximize returns
Chemtrade Logistics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chemtrade Logistics' price direction in advance. Along with the technical and fundamental analysis of Chemtrade Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chemtrade 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 | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.11) |
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Complementary Tools for Chemtrade Pink Sheet analysis
When running Chemtrade Logistics' price analysis, check to measure Chemtrade Logistics' 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 Chemtrade Logistics is operating at the current time. Most of Chemtrade Logistics' value examination focuses on studying past and present price action to predict the probability of Chemtrade Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemtrade Logistics' price. Additionally, you may evaluate how the addition of Chemtrade Logistics to your portfolios can decrease your overall portfolio volatility.
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