Canadian Utilities Limited Stock Technical Analysis

Canadian Utilities appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It exhibits a Sharpe Ratio of 0.23, capturing return dispersion relative to standard deviation. Algorithmic screening detected thirty volatility-sensitive metrics. Please review metrics such as risk-adjusted performance of 0.2105, mean deviation of 0.7809, and Downside Deviation of 1.08 to confirm whether our risk estimates align with your expectations. On a scale of 0 to 100, Canadian Utilities holds a performance score of 18. The company has a beta of -0.0565, which means relatively modest fluctuations relative to the market. As returns on the market increase, returns on Canadian Utilities tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, Canadian Utilities is likely to outperform the market. Please check Canadian Utilities' the relationship between the maximum drawdown and skewness, to make a quick decision on whether Canadian Utilities' existing price patterns will revert.