Ci Financial Corp Stock Price on December 2, 2024

CIX Stock  CAD 30.90  0.01  0.03%   
Below is the normalized historical share price chart for CI Financial Corp extending back to June 20, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CI Financial stands at 30.90, as last reported on the 24th of December, with the highest price reaching 30.96 and the lowest price hitting 30.84 during the day.
200 Day MA
18.794
50 Day MA
26.107
Beta
1.67
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in CIX Stock, it is important to understand the factors that can impact its price. CI Financial appears to be not too volatile, given 3 months investment horizon. CI Financial Corp retains Efficiency (Sharpe Ratio) of 0.24, which signifies that the company had a 0.24% return per unit of price deviation over the last 3 months. By evaluating CI Financial's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of CI Financial's Standard Deviation of 3.82, variance of 14.56, and Market Risk Adjusted Performance of 0.7517 to double-check if our risk estimates are consistent with your expectations.
  
At this time, CI Financial's Stock Based Compensation is very stable compared to the past year. As of the 24th of December 2024, Issuance Of Capital Stock is likely to grow to about 1.4 B, while Common Stock Total Equity is likely to drop about 1.6 B. . At this time, CI Financial's Price Earnings Ratio is very stable compared to the past year. As of the 24th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 12.40, while Price To Sales Ratio is likely to drop 0.76. CIX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2396

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Estimated Market Risk

 3.9
  actual daily
34
66% of assets are more volatile

Expected Return

 0.93
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average CI Financial is performing at about 18% 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 CI Financial by adding it to a well-diversified portfolio.
Price Book
5.5089
Enterprise Value Ebitda
16.6189
Price Sales
1.2659
Shares Float
123.9 M
Wall Street Target Price
31.9167

CI Financial Valuation on December 2, 2024

It is possible to determine the worth of CI Financial on a given historical date. On December 2, 2024 CIX was worth 31.02 at the beginning of the trading date compared to the closed value of 31.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CI Financial stock. Still, in general, we apply an absolute valuation method to find CI Financial'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 CI Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CI Financial's related companies.
 Open High Low Close Volume
  31.06    31.20    31.00    31.05    691,620  
12/02/2024
  31.02    31.12    31.00    31.04    1,265,980  
  31.00    31.04    30.95    30.98    984,278  
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Open Value
31.02
31.04
Closing Value
42.72
Upside

CI Financial Trading Date Momentum on December 2, 2024

On December 03 2024 CI Financial Corp was traded for  30.98  at the closing time. The maximum traded price for the trading interval was 31.04  and the lowest daily price was  30.95 . The daily volume was recorded at 984.3 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.19% . The overall trading delta to the closing price today is 0.10% .

CI Financial Corp Fundamentals Correlations and Trends

By evaluating CI Financial'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 CI Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CI Financial Stock history

CI Financial 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 CIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CI Financial 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 CI Financial stock prices may prove useful in developing a viable investing in CI Financial
Last ReportedProjected for Next Year
Common Stock Shares Outstanding171.5 M265.1 M
Net Income Applicable To Common Shares269.8 M391.8 M

CI Financial Stock Technical Analysis

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

CI Financial Period Price Range

Low
December 24, 2024
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High

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CI Financial Corp 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.

CI Financial December 24, 2024 Market Strength

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

CI Financial Technical and Predictive Indicators

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

CI Financial financial ratios help investors to determine whether CIX 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 CIX with respect to the benefits of owning CI Financial security.