Canaf Investments Stock Price on May 31, 2023
| CAFZF Stock | USD 0.13 0.00 0.00% |
If you're considering investing in Canaf Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Canaf Investments stands at 0.13, as last reported on the 3rd of May, with the highest price reaching 0.13 and the lowest price hitting 0.13 during the day. Canaf Investments is out of control given 3 months investment horizon. Canaf Investments secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to analyze seventeen different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Canaf Investments Mean Deviation of 2.19, risk adjusted performance of 0.0885, and Standard Deviation of 9.03 to evaluate company specific risk that cannot be diversified away.
Canaf Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Canaf |
Sharpe Ratio = 0.127
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Estimated Market Risk
| 9.31 actual daily | 82 82% of assets are less volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Canaf Investments is performing at about 9% 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 Canaf Investments by adding it to a well-diversified portfolio.
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Canaf Investments Valuation on May 31, 2023
It is possible to determine the worth of Canaf Investments on a given historical date. On May 31, 2023 Canaf was worth 0.075 at the beginning of the trading date compared to the closed value of 0.075. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Canaf Investments pink sheet. Still, in general, we apply an absolute valuation method to find Canaf Investments' 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 Canaf Investments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Canaf Investments' related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
05/31/2023 | 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
| Backtest Canaf Investments | | | Canaf Investments History | | | Canaf Investments Valuation | Previous | Next |
Canaf Investments Trading Date Momentum on May 31, 2023
| On June 01 2023 Canaf Investments was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 06/01/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Canaf Investments Fundamentals Correlations and Trends
By evaluating Canaf Investments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Canaf Investments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Canaf financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Canaf Investments Pink Sheet history
Canaf Investments 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 Canaf is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Canaf Investments 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 Canaf Investments stock prices may prove useful in developing a viable investing in Canaf Investments
Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized anthracite in Canada and South Africa. Canaf Investments Inc. was incorporated in 1996 and is headquartered in Vancouver, Canada. CANAF INVESTMENTS is traded on PNK Exchange in the United States.
Canaf Investments Pink Sheet Technical Analysis
Canaf Investments technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Canaf Investments Period Price Range
Low | May 31, 2023
| High |
0.07 | 0.08 |
Canaf Investments May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Canaf Investments pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canaf Investments shares will generate the highest return on investment. By undertsting and applying Canaf Investments pink sheet market strength indicators, traders can identify Canaf Investments entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.075 | |||
| Day Typical Price | 0.075 | |||
| Period Momentum Indicator | 0.055 | |||
| Relative Strength Index | 100.0 |
Canaf Investments Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Canaf Investments' price direction in advance. Along with the technical and fundamental analysis of Canaf Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Canaf 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 | 0.0885 | |||
| Jensen Alpha | 0.9688 | |||
| Total Risk Alpha | 0.4675 | |||
| Treynor Ratio | 0.376 |
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canaf Investments. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Canaf Investments information on this page should be used as a complementary analysis to other Canaf Investments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Canaf Pink Sheet analysis
When running Canaf Investments' price analysis, check to measure Canaf Investments' 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 Canaf Investments is operating at the current time. Most of Canaf Investments' value examination focuses on studying past and present price action to predict the probability of Canaf Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canaf Investments' price. Additionally, you may evaluate how the addition of Canaf Investments to your portfolios can decrease your overall portfolio volatility.
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