Canadian Tire Stock Price on November 30, 2023
| CTC Stock | CAD 223.50 10.06 4.31% |
Below is the normalized historical share price chart for Canadian Tire extending back to March 17, 1980. 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 Canadian Tire stands at 223.50, as last reported on the 1st of December, with the highest price reaching 223.50 and the lowest price hitting 223.50 during the day.
If you're considering investing in Canadian Stock, it is important to understand the factors that can impact its price. Canadian Tire secures Sharpe Ratio (or Efficiency) of -0.0102, which signifies that the company had a -0.0102% return per unit of risk over the last 3 months. Canadian Tire exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Tire's Standard Deviation of 1.72, mean deviation of 0.801, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
At this time, Canadian Tire's Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Capital Stock is likely to grow to about 652 M, while Total Stockholder Equity is likely to drop about 3.6 B. . At this time, Canadian Tire's Price To Sales Ratio is very stable compared to the past year. As of the 1st of December 2024, Price Earnings Ratio is likely to grow to 38.95, while Price Earnings To Growth Ratio is likely to drop (0.50). Canadian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 231.4022 | 50 Day MA 228.3074 | Beta 1.329 |
Canadian |
Sharpe Ratio = -0.0102
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| Negative Returns | CTC |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian Tire 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 Canadian Tire by adding Canadian Tire to a well-diversified portfolio.
Price Book 2.1734 | Enterprise Value Ebitda 9.0375 | Price Sales 0.539 | Shares Float 51 M | Dividend Share 7.025 |
Canadian Tire Valuation on November 30, 2023
It is possible to determine the worth of Canadian Tire on a given historical date. On November 30, 2023 Canadian was worth 260.3 at the beginning of the trading date compared to the closed value of 260.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Tire stock. Still, in general, we apply an absolute valuation method to find Canadian Tire'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 Canadian Tire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Tire's related companies.
| Open | High | Low | Close | Volume | |
| 260.39 | 260.39 | 260.39 | 260.39 | 118.00 | |
11/30/2023 | 260.30 | 260.30 | 260.30 | 260.30 | 1.00 |
| 257.41 | 257.47 | 257.41 | 257.47 | 610.00 |
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Canadian Tire Trading Date Momentum on November 30, 2023
| On December 01 2023 Canadian Tire was traded for 257.47 at the closing time. The maximum traded price for the trading interval was 257.47 and the lowest daily price was 257.41 . The daily volume was recorded at 610. The volume of trading on 1st of December 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.09% . The overall trading delta to the closing price today is 2.57% . |
Canadian Tire Fundamentals Correlations and Trends
By evaluating Canadian Tire'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 Canadian Tire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canadian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canadian Tire Stock history
Canadian Tire 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 Canadian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canadian Tire 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 Canadian Tire stock prices may prove useful in developing a viable investing in Canadian Tire
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.5 M | 61.6 M | |
| Net Income Applicable To Common Shares | 1.2 B | 838.5 M |
Canadian Tire Quarterly Net Working Capital |
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Canadian Tire Stock Technical Analysis
Canadian Tire 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.
Price Boundaries
Canadian Tire Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Canadian Tire 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.
Canadian Tire December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Canadian Tire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Tire shares will generate the highest return on investment. By undertsting and applying Canadian Tire stock market strength indicators, traders can identify Canadian Tire entry and exit signals to maximize returns
Canadian Tire Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canadian Tire's price direction in advance. Along with the technical and fundamental analysis of Canadian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canadian 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) | |||
| Jensen Alpha | 4.0E-4 | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.1259 |
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Other Information on Investing in Canadian Stock
Canadian Tire financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian Tire security.