Canadian Utilities Ltd Preferred Stock Price on November 15, 2024

CU-PG Preferred Stock  CAD 19.40  0.19  0.99%   
If you're considering investing in Canadian Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Canadian Utilities stands at 19.40, as last reported on the 23rd of December, with the highest price reaching 19.40 and the lowest price hitting 19.23 during the day. Canadian Utilities secures Sharpe Ratio (or Efficiency) of -0.008, which signifies that the company had a -0.008% return per unit of risk over the last 3 months. Canadian Utilities Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canadian Utilities' Mean Deviation of 0.5055, risk adjusted performance of (0.02), and Standard Deviation of 0.6987 to double-check the risk estimate we provide.
  
Canadian Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.008

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Estimated Market Risk

 0.7
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.01
  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 Utilities 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 Utilities by adding Canadian Utilities to a well-diversified portfolio.

Canadian Utilities Valuation on November 15, 2024

It is possible to determine the worth of Canadian Utilities on a given historical date. On November 15, 2024 Canadian was worth 18.84 at the beginning of the trading date compared to the closed value of 18.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Utilities preferred stock. Still, in general, we apply an absolute valuation method to find Canadian Utilities' 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 Utilities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Utilities' related companies.
 Open High Low Close Volume
  18.64    18.65    18.57    18.59    3,500  
11/15/2024
  18.84    18.84    18.54    18.54    4,248  
  18.65    18.65    18.50    18.58    2,400  
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Open Value
18.84
18.54
Closing Value
20.94
Upside

Canadian Utilities Trading Date Momentum on November 15, 2024

On November 18 2024 Canadian Utilities Ltd was traded for  18.58  at the closing time. The highest price during the trading period was 18.65  and the lowest recorded bid was listed for  18.50 . The volume for the day was 2.4 K. This history from November 18, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the current price is 0.22% .

Canadian Utilities Fundamentals Correlations and Trends

By evaluating Canadian Utilities' 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 Utilities' 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 Utilities Preferred Stock history

Canadian Utilities 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 Utilities 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 Utilities stock prices may prove useful in developing a viable investing in Canadian Utilities

Canadian Utilities Preferred Stock Technical Analysis

Canadian Utilities technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of Canadian Utilities technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Utilities 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

Canadian Utilities Period Price Range

Low
December 23, 2024
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High

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Canadian Utilities Ltd 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 Utilities December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Canadian Utilities preferred 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 Utilities shares will generate the highest return on investment. By undertsting and applying Canadian Utilities preferred stock market strength indicators, traders can identify Canadian Utilities Ltd entry and exit signals to maximize returns

Canadian Utilities Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canadian Utilities' price direction in advance. Along with the technical and fundamental analysis of Canadian Preferred 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.

Additional Tools for Canadian Preferred Stock Analysis

When running Canadian Utilities' price analysis, check to measure Canadian Utilities' 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 Canadian Utilities is operating at the current time. Most of Canadian Utilities' value examination focuses on studying past and present price action to predict the probability of Canadian Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Utilities' price. Additionally, you may evaluate how the addition of Canadian Utilities to your portfolios can decrease your overall portfolio volatility.