Canadian Competitors
| CP Stock | USD 75.19 1.66 2.26% |
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Canadian Pacific Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canadian Pacific 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 Pacific Railway does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Canadian Stock performing well and Canadian Pacific 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 Pacific'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UNP | 0.94 | (0.16) | 0.00 | (0.07) | 0.00 | 1.68 | 8.64 | |||
| CSX | 1.19 | (0.07) | (0.02) | 0.04 | 1.81 | 1.98 | 11.99 | |||
| NSC | 1.26 | (0.02) | 0.03 | 0.08 | 1.40 | 2.69 | 12.14 | |||
| WAB | 0.85 | 0.19 | 0.23 | 0.26 | 0.56 | 2.14 | 5.10 | |||
| CNI | 0.83 | (0.17) | 0.00 | (0.11) | 0.00 | 1.68 | 5.28 | |||
| TRN | 1.47 | 0.09 | 0.08 | 0.14 | 1.78 | 2.85 | 10.79 | |||
| GBX | 1.52 | 0.41 | 0.34 | 0.39 | 0.82 | 3.46 | 19.01 | |||
| FSTR | 2.13 | 0.43 | 0.25 | 0.30 | 1.68 | 6.37 | 14.55 |
Cross Equities Net Income Analysis
Compare Canadian Pacific Railway and related stocks such as Union Pacific, CSX Corporation, and Norfolk Southern Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNP | 501 M | 3.3 B | 3.9 B | 4.4 B | 5.2 B | 4.8 B | 4.2 B | 10.7 B | 6 B | 5.9 B | 5.3 B | 6.5 B | 7 B | 6.4 B | 6.7 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 | 3.9 B |
| 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 | 1.4 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 | 326.7 M | 414 M | 558 M | 633 M | 815 M | 855.8 M |
| CNI | (1.1 B) | 2.5 B | 2.7 B | 2.6 B | 3.2 B | 3.5 B | 3.6 B | 5.5 B | 4.3 B | 4.2 B | 3.5 B | 4.9 B | 5.1 B | 5.6 B | 5.9 B |
| TRN | 900 K | 142.2 M | 255.2 M | 375.5 M | 678.2 M | 796.5 M | 343.6 M | 702.5 M | 159.3 M | 137.6 M | (226.1 M) | 39.3 M | 98.9 M | 106 M | 150.7 M |
| GBX | 10.7 M | 58.7 M | (11 M) | 111.9 M | 192.8 M | 183.2 M | 116.1 M | 151.8 M | 111.6 M | 84.6 M | 32.4 M | 46.9 M | 62.5 M | 160.1 M | 168.1 M |
| FSTR | 22.9 M | 22.9 M | 16.2 M | 29.3 M | 25.7 M | (44.4 M) | (141.7 M) | 4.1 M | (31.2 M) | 42.6 M | 25.8 M | 3.6 M | (45.7 M) | 1.5 M | 2.3 M |
Canadian Pacific Railway and related stocks such as Union Pacific, CSX Corporation, and Norfolk Southern Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Canadian Pacific Railway financial statement analysis. It represents the amount of money remaining after all of Canadian Pacific Railway operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Canadian Pacific Competitive Analysis
The better you understand Canadian Pacific competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canadian Pacific'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 Pacific'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 Pacific Competition Performance Charts
Five steps to successful analysis of Canadian Pacific Competition
Canadian Pacific'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 Pacific Railway in relation to its competition. Canadian Pacific's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Canadian Pacific 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 Pacific's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canadian Pacific 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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Additional Tools for Canadian Stock Analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific's 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 Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.