We suggest to use CanAlaska Uranium analysis to find out if markets are presently mispricing the company. We were able to interpolate twenty-six available fundamental indicators for CanAlaska Uranium, which can be compared to its peers. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of CanAlaska Uranium to be traded at C$0.7663 in 90 days. Key indicators impacting CanAlaska Uranium's financial strength include:
Understanding current and past CanAlaska Uranium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CanAlaska Uranium's financial statements are interrelated, with each one affecting the others. For example, an increase in CanAlaska Uranium's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CanAlaska Uranium's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CanAlaska Uranium. Check CanAlaska Uranium's Beneish M Score to see the likelihood of CanAlaska Uranium's management manipulating its earnings.
CanAlaska Uranium Stock Summary
CanAlaska Uranium competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. CanAlaska Uranium Ltd. was founded in 1985 and is headquartered in Vancouver, Canada. CANALASKA URANIUM operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in CanAlaska Uranium without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CanAlaska Stock, because this is throwing your money away. Analyzing the key information contained in CanAlaska Uranium's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CanAlaska Uranium Key Financial Ratios
There are many critical financial ratios that CanAlaska Uranium's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CanAlaska Uranium reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining CanAlaska Uranium's current stock value. Our valuation model uses many indicators to compare CanAlaska Uranium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CanAlaska Uranium competition to find correlations between indicators driving CanAlaska Uranium's intrinsic value. More Info.
CanAlaska Uranium is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . At this time, CanAlaska Uranium's Return On Equity is fairly stable compared to the past year. 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 CanAlaska Uranium's earnings, one of the primary drivers of an investment's value.
CanAlaska Uranium Systematic Risk
CanAlaska Uranium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CanAlaska Uranium 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 CanAlaska Uranium correlated with the market. If Beta is less than 0 CanAlaska Uranium generally moves in the opposite direction as compared to the market. If CanAlaska Uranium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CanAlaska Uranium is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CanAlaska Uranium is generally in the same direction as the market. If Beta > 1 CanAlaska Uranium moves generally in the same direction as, but more than the movement of the benchmark.
CanAlaska Uranium Total Assets Over Time
Today, most investors in CanAlaska Uranium Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CanAlaska Uranium's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CanAlaska Uranium growth as a starting point in their analysis.
CanAlaska Uranium November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CanAlaska Uranium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CanAlaska Uranium. We use our internally-developed statistical techniques to arrive at the intrinsic value of CanAlaska Uranium based on widely used predictive technical indicators. In general, we focus on analyzing CanAlaska Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CanAlaska Uranium's daily price indicators and compare them against related drivers.
When running CanAlaska Uranium's price analysis, check to measure CanAlaska Uranium'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 CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to predict the probability of CanAlaska Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAlaska Uranium's price. Additionally, you may evaluate how the addition of CanAlaska Uranium to your portfolios can decrease your overall portfolio volatility.