Canadian Life Companies Preferred Stock Price on June 20, 2024

LFE-PB Preferred Stock  CAD 10.53  0.02  0.19%   
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 Life stands at 10.53, as last reported on the 20th of December, with the highest price reaching 10.60 and the lowest price hitting 10.53 during the day. At this point, Canadian Life is very steady. Canadian Life Companies secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Canadian Life Companies, which you can use to evaluate the volatility of the firm. Please confirm Canadian Life's Mean Deviation of 0.2299, downside deviation of 0.2974, and Risk Adjusted Performance of 0.0768 to double-check if the risk estimate we provide is consistent with the expected return of 0.0463%.
  
Canadian Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1528

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Canadian Life is performing at about 12% 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 Canadian Life by adding it to a well-diversified portfolio.

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Canadian Life Valuation on June 20, 2024

It is possible to determine the worth of Canadian Life on a given historical date. On June 20, 2024 Canadian was worth 9.78 at the beginning of the trading date compared to the closed value of 9.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canadian Life preferred stock. Still, in general, we apply an absolute valuation method to find Canadian Life'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 Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canadian Life's related companies.
 Open High Low Close Volume
  9.79    9.80    9.79    9.80    1,300  
06/20/2024
  9.78    9.80    9.77    9.80    5,630  
  9.78    9.82    9.78    9.82    2,700  
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Open Value
9.78
9.8
Closing Value
10.69
Upside

Canadian Life Trading Date Momentum on June 20, 2024

On June 21 2024 Canadian Life Companies was traded for  9.82  at the closing time. The highest price during the trading period was 9.82  and the lowest recorded bid was listed for  9.78 . The volume for the day was 2.7 K. This history from June 21, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.20% . The overall trading delta to the current price is 1.12% .

Canadian Life Companies Fundamentals Correlations and Trends

By evaluating Canadian Life'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 Life'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 Life Preferred Stock history

Canadian Life 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 Life Companies 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 Life stock prices may prove useful in developing a viable investing in Canadian Life
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada. CANADIAN LIFE operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.

Canadian Life Preferred Stock Technical Analysis

Canadian Life 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 Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Canadian Life 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 Life Period Price Range

Low
December 20, 2024
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Canadian Life Companies 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 Life December 20, 2024 Market Strength

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

Canadian Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Canadian Life's 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.

Complementary Tools for Canadian Preferred Stock analysis

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