Canadian Competitors
| CNI Stock | USD 106.07 2.68 2.59% |
Canadian National vs Westinghouse Air Correlation
Poor diversification
The correlation between Canadian National Railway and WAB is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Canadian National Railway and WAB in the same portfolio, assuming nothing else is changed.
Moving together with Canadian Stock
| 0.69 | UNP | Union Pacific | PairCorr |
| 0.71 | FUY | Fukuyama Transporting | PairCorr |
| 0.62 | NNR | Nishi Nippon Railroad Earnings Call Tomorrow | PairCorr |
| 0.82 | KSX | Knight-Swift Transportation | PairCorr |
Moving against Canadian Stock
| 0.64 | BROGF | BROGF | PairCorr |
| 0.63 | PTAIF | PT Astra International | PairCorr |
| 0.61 | KWO | Transport International | PairCorr |
| 0.48 | PIFMY | Indofood Sukses Makmur | PairCorr |
Canadian National Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canadian National and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Canadian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Canadian National Railway does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Canadian Stock performing well and Canadian National Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Canadian National's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NSC | 0.86 | 0.13 | 0.09 | 0.26 | 0.87 | 2.36 | 5.69 | |||
| CP | 1.17 | 0.17 | 0.12 | 0.25 | 1.15 | 2.82 | 7.63 | |||
| CSX | 0.88 | 0.16 | 0.12 | 0.30 | 0.88 | 2.27 | 5.63 | |||
| FDX | 1.18 | 0.49 | 0.41 | 0.65 | 0.54 | 3.52 | 7.76 | |||
| CMI | 1.62 | 0.33 | 0.15 | 0.28 | 2.23 | 4.09 | 16.11 | |||
| URI | 1.71 | (0.06) | 0.00 | 0.05 | 2.60 | 4.42 | 17.82 | |||
| PCAR | 1.23 | 0.29 | 0.30 | 0.37 | 0.65 | 3.25 | 7.16 | |||
| RSG | 0.75 | 0.10 | 0.04 | 0.46 | 0.76 | 1.84 | 4.33 | |||
| LHX | 1.36 | 0.21 | 0.13 | 0.31 | 1.37 | 3.09 | 8.86 | |||
| WAB | 1.06 | 0.17 | 0.16 | 0.22 | 0.92 | 2.58 | 4.99 |
Cross Equities Net Income Analysis
Compare Canadian National Railway and related stocks such as Norfolk Southern, Canadian Pacific Railway, and CSX Corporation Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NSC | 500.2 M | 1.9 B | 1.7 B | 1.9 B | 2 B | 1.6 B | 1.7 B | 5.4 B | 2.7 B | 2.7 B | 2 B | 3 B | 3.3 B | 1.8 B | 2.6 B | 2.9 B | 1.5 B |
| CP | 468.9 M | 570 M | 484 M | 875 M | 1.5 B | 1.4 B | 1.6 B | 2.4 B | 2 B | 2.4 B | 2.4 B | 2.9 B | 3.5 B | 3.9 B | 3.7 B | 4.1 B | 4.3 B |
| CSX | (118 M) | 1.8 B | 1.9 B | 1.9 B | 1.9 B | 2 B | 1.7 B | 5.5 B | 3.3 B | 3.3 B | 2.8 B | 3.8 B | 4.2 B | 3.7 B | 3.5 B | 2.9 B | 1.6 B |
| FDX | 131.8 M | 2 B | 1.6 B | 2.1 B | 1.1 B | 682 M | 1.9 B | 1.1 B | 540 M | 1.3 B | 5.2 B | 3.8 B | 4 B | 4.3 B | 4.1 B | 1.1 B | 1.5 B |
| CMI | 50.4 M | 1.8 B | 1.6 B | 1.5 B | 1.7 B | 1.4 B | 1.4 B | 999 M | 2.1 B | 2.3 B | 1.8 B | 2.1 B | 2.2 B | 735 M | 3.9 B | 2.8 B | 3 B |
| URI | 13.5 M | 101 M | 75 M | 387 M | 540 M | 585 M | 566 M | 1.3 B | 1.1 B | 1.2 B | 890 M | 1.4 B | 2.1 B | 2.4 B | 2.6 B | 2.5 B | 2.6 B |
| PCAR | 72.9 M | 1 B | 1.1 B | 1.2 B | 1.4 B | 1.6 B | 521.7 M | 1.7 B | 2.2 B | 2.4 B | 1.3 B | 1.9 B | 3 B | 4.6 B | 4.2 B | 2.4 B | 2.5 B |
| RSG | 153.7 M | 589.2 M | 571.8 M | 588.9 M | 547.6 M | 749.9 M | 612.6 M | 1.3 B | 1 B | 1.1 B | 967.2 M | 1.3 B | 1.5 B | 1.7 B | 2 B | 2.3 B | 2.5 B |
| LHX | 59.6 M | 588 M | 30.6 M | 113 M | 535 M | 334 M | 324 M | 543 M | 699 M | 1.6 B | 1.1 B | 1.8 B | 1.1 B | 1.2 B | 1.5 B | 1.6 B | 1.7 B |
| WAB | 28.1 M | 170.1 M | 251.7 M | 292.2 M | 351.7 M | 398.6 M | 304.9 M | 262.3 M | 294.9 M | 327 M | 414 M | 558 M | 633 M | 815 M | 1.1 B | 1.2 B | 1.3 B |
Canadian National Railway and related stocks such as Norfolk Southern, Canadian Pacific Railway, and CSX Corporation Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Canadian National Railway financial statement analysis. It represents the amount of money remaining after all of Canadian National Railway operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Canadian National Competitive Analysis
The better you understand Canadian National competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canadian National's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Canadian National's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Canadian National Competition Performance Charts
Five steps to successful analysis of Canadian National Competition
Canadian National's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Canadian National Railway in relation to its competition. Canadian National's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Canadian National in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Canadian National's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canadian National Railway, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Canadian National Correlation with its peers. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is there potential for Ground Transportation market expansion? Will Canadian introduce new products? Factors like these will boost the valuation of Canadian National. Projected growth potential of Canadian fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.114 | Dividend Share 3.55 | Earnings Share 5.69 | Revenue Per Share | Quarterly Revenue Growth 0.024 |
Understanding Canadian National Railway requires distinguishing between market price and book value, where the latter reflects Canadian's accounting equity. The concept of intrinsic value - what Canadian National's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Canadian National's price substantially above or below its fundamental value.
It's important to distinguish between Canadian National's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Canadian National should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Canadian National's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.