Mcan Mortgage Stock Price on June 27, 2023

MKP Stock  CAD 19.44  0.14  0.72%   
Below is the normalized historical share price chart for MCAN Mortgage extending back to February 17, 1992. 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 MCAN Mortgage stands at 19.44, as last reported on the 12th of December 2024, with the highest price reaching 19.62 and the lowest price hitting 19.42 during the day.
200 Day MA
17.0659
50 Day MA
18.8646
Beta
0.854
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MCAN Stock, it is important to understand the factors that can impact its price. As of now, MCAN Stock is very steady. MCAN Mortgage retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the company had a 0.14% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for MCAN Mortgage, which you can use to evaluate the volatility of the entity. Please verify MCAN Mortgage's Market Risk Adjusted Performance of 0.4609, mean deviation of 0.7029, and Downside Deviation of 0.8063 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
At this time, MCAN Mortgage's Total Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 5 B, while Common Stock Shares Outstanding is likely to drop about 17.9 M. . At this time, MCAN Mortgage's Price Earnings Ratio is very stable compared to the past year. As of the 12th of December 2024, Price Book Value Ratio is likely to grow to 1.36, while Price To Sales Ratio is likely to drop 3.38. MCAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1375

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Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average MCAN Mortgage is performing at about 10% 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 MCAN Mortgage by adding it to a well-diversified portfolio.
Price Book
1.2424
Enterprise Value Ebitda
3.471
Price Sales
5.3214
Shares Float
36.8 M
Dividend Share
1.55

MCAN Mortgage Valuation on June 27, 2023

It is possible to determine the worth of MCAN Mortgage on a given historical date. On June 27, 2023 MCAN was worth 14.37 at the beginning of the trading date compared to the closed value of 14.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MCAN Mortgage stock. Still, in general, we apply an absolute valuation method to find MCAN Mortgage'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 MCAN Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MCAN Mortgage's related companies.
 Open High Low Close Volume
  13.94    14.23    13.85    14.19    13,000  
06/27/2023
  14.37    14.37    14.03    14.03    12,000  
  14.22    14.22    13.91    14.01    6,000  
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Open Value
14.37
14.03
Closing Value
17.99
Upside

MCAN Mortgage Trading Date Momentum on June 27, 2023

On June 28 2023 MCAN Mortgage was traded for  14.01  at the closing time. The maximum traded price for the trading interval was 14.22  and the lowest daily price was  13.91 . The daily volume was recorded at 6 K. The volume of trading on 28th of June 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.14% . The trading delta at closing time to the closing price today is 0.71% .

MCAN Mortgage Fundamentals Correlations and Trends

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

About MCAN Mortgage Stock history

MCAN Mortgage 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 MCAN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MCAN Mortgage 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 MCAN Mortgage stock prices may prove useful in developing a viable investing in MCAN Mortgage
Last ReportedProjected for Next Year
Common Stock Shares Outstanding34.9 M17.9 M
Net Income Applicable To Common Shares63.7 M45.8 M

MCAN Mortgage Stock Technical Analysis

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

MCAN Mortgage Period Price Range

Low
December 12, 2024
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High

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MCAN Mortgage 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.

MCAN Mortgage December 12, 2024 Market Strength

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

MCAN Mortgage Technical and Predictive Indicators

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

MCAN Mortgage financial ratios help investors to determine whether MCAN 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 MCAN with respect to the benefits of owning MCAN Mortgage security.