Canstar Resources Financials
| CSRNF Stock | USD 0.03 0.0002 0.66% |
Canstar |
Understanding current and past Canstar Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canstar Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Canstar Resources' assets may result in an increase in income on the income statement.
Canstar Resources Stock Summary
Canstar Resources competes with Mundoro Capital. Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 220 Bay Street, |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.canstarresources.com |
| Phone | 647 557 3442 |
| Currency | USD - US Dollar |
Canstar Resources Key Financial Ratios
There are many critical financial ratios that Canstar Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canstar Resources reports annually and quarterly.Canstar Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canstar Resources's current stock value. Our valuation model uses many indicators to compare Canstar Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canstar Resources competition to find correlations between indicators driving Canstar Resources's intrinsic value. More Info.Canstar Resources is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canstar Resources' earnings, one of the primary drivers of an investment's value.Canstar Resources Systematic Risk
Canstar Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canstar Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Canstar Resources correlated with the market. If Beta is less than 0 Canstar Resources generally moves in the opposite direction as compared to the market. If Canstar Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canstar Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canstar Resources is generally in the same direction as the market. If Beta > 1 Canstar Resources moves generally in the same direction as, but more than the movement of the benchmark.
Canstar Resources Thematic Clasifications
Canstar Resources is part of Soft Drinks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Soft drinks beverages and refreshments. Entities manufacturing and distributing non alcoholic beverages across different markets
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Canstar Resources November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canstar Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canstar Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canstar Resources based on widely used predictive technical indicators. In general, we focus on analyzing Canstar Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canstar Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 11.69 | |||
| Information Ratio | 0.0156 | |||
| Maximum Drawdown | 69.43 | |||
| Value At Risk | (10.89) | |||
| Potential Upside | 16.25 |
Complementary Tools for Canstar Pink Sheet analysis
When running Canstar Resources' price analysis, check to measure Canstar Resources' 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 Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.
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