Cannae Holdings Stock Price on August 27, 2024

CNNE Stock  USD 18.69  0.45  2.47%   
Below is the normalized historical share price chart for Cannae Holdings extending back to June 23, 2014. 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 Cannae Holdings stands at 18.69, as last reported on the 12th of October 2024, with the highest price reaching 18.74 and the lowest price hitting 18.24 during the day.
IPO Date
20th of November 2017
200 Day MA
19.8497
50 Day MA
19.1966
Beta
0.877
 
Yuan Drop
 
Covid
If you're considering investing in Cannae Stock, it is important to understand the factors that can impact its price. At this point, Cannae Holdings is very steady. Cannae Holdings secures Sharpe Ratio (or Efficiency) of 0.0019, which signifies that the company had a 0.0019% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cannae Holdings, which you can use to evaluate the volatility of the firm. Please confirm Cannae Holdings' Risk Adjusted Performance of 0.0155, mean deviation of 1.46, and Downside Deviation of 1.88 to double-check if the risk estimate we provide is consistent with the expected return of 0.0036%.
  
At present, Cannae Holdings' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.9 B, whereas Treasury Stock is projected to grow to (354 M). . At present, Cannae Holdings' Price To Book Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 1.23, whereas Price Earnings Ratio is forecasted to decline to (4.80). Cannae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0019

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cannae Holdings 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 Cannae Holdings by adding Cannae Holdings to a well-diversified portfolio.
Price Book
0.604
Enterprise Value Ebitda
(5.54)
Price Sales
2.3277
Shares Float
56.9 M
Dividend Share
0.12

Cannae Holdings Valuation on August 27, 2024

It is possible to determine the worth of Cannae Holdings on a given historical date. On August 27, 2024 Cannae was worth 19.6 at the beginning of the trading date compared to the closed value of 19.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cannae Holdings stock. Still, in general, we apply an absolute valuation method to find Cannae Holdings' 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 Cannae Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cannae Holdings' related companies.
 Open High Low Close Volume
  19.62    19.85    19.35    19.68    269,561  
08/27/2024
  19.60    19.63    19.40    19.51    146,324  
  19.36    19.71    19.26    19.47    217,615  
Backtest Cannae Holdings  |  Cannae Holdings History  |  Cannae Holdings Valuation   PreviousNext  
Open Value
19.6
19.51
Closing Value
25.25
Upside

Cannae Holdings Trading Date Momentum on August 27, 2024

On August 28 2024 Cannae Holdings was traded for  19.47  at the closing time. The top price for the day was 19.71  and the lowest listed price was  19.26 . The trading volume for the day was 217.6 K. The trading history from August 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.21% . The overall trading delta against the current closing price is 0.72% .

Cannae Holdings Fundamentals Correlations and Trends

By evaluating Cannae Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cannae Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cannae financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cannae Holdings Stock history

Cannae Holdings 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 Cannae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cannae Holdings 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 Cannae Holdings stock prices may prove useful in developing a viable investing in Cannae Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding73.4 M73.9 M
Net Loss-385.3 M-366 M

Cannae Holdings Stock Technical Analysis

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

Cannae Holdings Period Price Range

Low
October 12, 2024
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High

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Cannae Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Cannae Holdings October 12, 2024 Market Strength

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

Cannae Holdings Technical and Predictive Indicators

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

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