Canalaska Uranium Stock Price on December 11, 2024

CVV Stock  CAD 0.76  0.01  1.30%   
Below is the normalized historical share price chart for CanAlaska Uranium extending back to February 16, 1988. 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 CanAlaska Uranium stands at 0.76, as last reported on the 13th of December 2024, with the highest price reaching 0.77 and the lowest price hitting 0.74 during the day.
200 Day MA
0.6626
50 Day MA
0.753
Beta
2.065
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in CanAlaska Stock, it is important to understand the factors that can impact its price. CanAlaska Uranium appears to be extremely dangerous, given 3 months investment horizon. CanAlaska Uranium secures Sharpe Ratio (or Efficiency) of 0.061, which signifies that the company had a 0.061% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for CanAlaska Uranium, which you can use to evaluate the volatility of the firm. Please makes use of CanAlaska Uranium's Risk Adjusted Performance of 0.0555, downside deviation of 3.77, and Mean Deviation of 2.57 to double-check if our risk estimates are consistent with your expectations.
  
At this time, CanAlaska Uranium's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 23.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 8.5 M in 2024. . At this time, CanAlaska Uranium's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.37 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (7.37) in 2024. CanAlaska Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.061

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Estimated Market Risk

 3.51
  actual daily
31
69% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average CanAlaska Uranium is performing at about 4% 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 CanAlaska Uranium by adding it to a well-diversified portfolio.
Price Book
12.0822
Book Value
0.067
Enterprise Value
115.6 M
Enterprise Value Ebitda
(8.79)
Shares Float
148.4 M

CanAlaska Uranium Main Headline on 11th of December 2024

Nexus Uranium Finalizes Major Drilling Contracts for Strategic Cree East Uranium Project StockTitan

CanAlaska Uranium Valuation on December 11, 2024

It is possible to determine the worth of CanAlaska Uranium on a given historical date. On December 11, 2024 CanAlaska was worth 0.79 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CanAlaska Uranium stock. Still, in general, we apply an absolute valuation method to find CanAlaska Uranium'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 CanAlaska Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CanAlaska Uranium's related companies.
 Open High Low Close Volume
  0.76    0.79    0.76    0.78    144,900  
12/11/2024
  0.79    0.79    0.77    0.77    140,065  
  0.76    0.77    0.74    0.76    372,713  
Backtest CanAlaska Uranium  |  CanAlaska Uranium History  |  CanAlaska Uranium Valuation   PreviousNext  
Open Value
0.79
0.77
Closing Value
11.31
Upside

CanAlaska Uranium Trading Date Momentum on December 11, 2024

On December 12 2024 CanAlaska Uranium was traded for  0.76  at the closing time. The highest daily price throughout the period was 0.77  and the lowest price was  0.74 . The daily volume was 372.7 K. The net trading volume on 12/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.30% . The overall trading delta to current closing price is 1.30% .

CanAlaska Uranium Fundamentals Correlations and Trends

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

About CanAlaska Uranium Stock history

CanAlaska Uranium 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 CanAlaska is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CanAlaska Uranium 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 CanAlaska Uranium stock prices may prove useful in developing a viable investing in CanAlaska Uranium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding136.6 M143.4 M
Net Loss-5.6 M-5.3 M

CanAlaska Uranium Quarterly Net Working Capital

9.59 Million

CanAlaska Uranium Stock Technical Analysis

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

CanAlaska Uranium Period Price Range

Low
December 13, 2024
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CanAlaska Uranium cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

CanAlaska Uranium December 13, 2024 Market Strength

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

CanAlaska Uranium Technical and Predictive Indicators

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

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