Cardinal Energy Stock Price on September 23, 2024

CJ Stock  CAD 6.36  0.13  2.00%   
Below is the normalized historical share price chart for Cardinal Energy extending back to December 17, 2013. 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 Cardinal Energy stands at 6.36, as last reported on the 11th of December 2024, with the highest price reaching 6.51 and the lowest price hitting 6.35 during the day.
200 Day MA
6.7386
50 Day MA
6.4886
Beta
2.775
 
Yuan Drop
 
Covid
If you're considering investing in Cardinal Stock, it is important to understand the factors that can impact its price. As of now, Cardinal Stock is not too volatile. Cardinal Energy secures Sharpe Ratio (or Efficiency) of 0.0265, which signifies that the company had a 0.0265% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cardinal Energy, which you can use to evaluate the volatility of the firm. Please confirm Cardinal Energy's Mean Deviation of 0.8535, downside deviation of 1.24, and Risk Adjusted Performance of 0.0317 to double-check if the risk estimate we provide is consistent with the expected return of 0.0282%.
  
As of the 11th of December 2024, Capital Stock is likely to grow to about 1.2 B, while Total Stockholder Equity is likely to drop about 705.5 M. . At this time, Cardinal Energy's Price Earnings Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Book Value Ratio is likely to grow to 1.33, while Price To Sales Ratio is likely to drop 1.96. Cardinal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0265

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Estimated Market Risk

 1.06
  actual daily
9
91% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Cardinal Energy is performing at about 2% 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 Cardinal Energy by adding it to a well-diversified portfolio.
Price Book
1.1249
Enterprise Value Ebitda
4.4863
Price Sales
2.0849
Shares Float
121.7 M
Dividend Share
0.72

Cardinal Energy Valuation on September 23, 2024

It is possible to determine the worth of Cardinal Energy on a given historical date. On September 23, 2024 Cardinal was worth 6.28 at the beginning of the trading date compared to the closed value of 6.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cardinal Energy stock. Still, in general, we apply an absolute valuation method to find Cardinal Energy'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 Cardinal Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cardinal Energy's related companies.
 Open High Low Close Volume
  6.28    6.28    6.20    6.27    595,600  
09/23/2024
  6.28    6.36    6.21    6.22    537,500  
  6.27    6.29    6.22    6.28    686,700  
Backtest Cardinal Energy  |  Cardinal Energy History  |  Cardinal Energy Valuation   PreviousNext  
Open Value
6.28
6.22
Closing Value
9.47
Upside

Cardinal Energy Trading Date Momentum on September 23, 2024

On September 24 2024 Cardinal Energy was traded for  6.28  at the closing time. The highest daily price throughout the period was 6.29  and the lowest price was  6.22 . The daily volume was 686.7 K. The net trading volume on 09/24/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.96% . The overall trading delta to current closing price is 2.09% .

Cardinal Energy Fundamentals Correlations and Trends

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

About Cardinal Energy Stock history

Cardinal Energy 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 Cardinal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cardinal Energy 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 Cardinal Energy stock prices may prove useful in developing a viable investing in Cardinal Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding160 M103.8 M
Net Income Applicable To Common Shares348.1 M365.5 M

Cardinal Energy Stock Technical Analysis

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

Cardinal Energy Period Price Range

Low
December 11, 2024
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High

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Cardinal Energy 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.

Cardinal Energy December 11, 2024 Market Strength

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

Cardinal Energy Technical and Predictive Indicators

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

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