Canadian Palladium Financials
| DCNNF Stock | USD 0.05 0 2.04% |
Canadian |
Understanding current and past Canadian Palladium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canadian Palladium's financial statements are interrelated, with each one affecting the others. For example, an increase in Canadian Palladium's assets may result in an increase in income on the income statement.
Canadian Palladium Stock Summary
Canadian Palladium competes with Aurelia Metals, Azimut Exploration, Mundoro Capital, Progressive Planet, and Amarc Resources. Canadian Palladium Resources Inc. engages in the acquisition and exploration of resource properties in North America and Europe. Canadian Palladium Resources Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada. 21C Metals is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1558 West Hastings |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | canadianpalladium.com |
| Phone | 604 639 4452 |
| Currency | USD - US Dollar |
Canadian Palladium Key Financial Ratios
There are many critical financial ratios that Canadian Palladium's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canadian Palladium reports annually and quarterly.| Return On Equity | -2.58 | |||
| Return On Asset | -0.69 | |||
| Beta | 1.32 | |||
| Z Score | 2.7 |
Canadian Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Palladium's current stock value. Our valuation model uses many indicators to compare Canadian Palladium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Palladium competition to find correlations between indicators driving Canadian Palladium's intrinsic value. More Info.Canadian Palladium Resources is rated below average in return on equity category among its peers. It is rated below average 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 Canadian Palladium's earnings, one of the primary drivers of an investment's value.Canadian Palladium Systematic Risk
Canadian Palladium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canadian Palladium 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 Canadian Palladium correlated with the market. If Beta is less than 0 Canadian Palladium generally moves in the opposite direction as compared to the market. If Canadian Palladium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian Palladium is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian Palladium is generally in the same direction as the market. If Beta > 1 Canadian Palladium moves generally in the same direction as, but more than the movement of the benchmark.
Canadian Palladium November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canadian Palladium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canadian Palladium Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian Palladium Resources based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian Palladium's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 64.08 | |||
| Value At Risk | (20.27) | |||
| Potential Upside | 21.18 |
Complementary Tools for Canadian Pink Sheet analysis
When running Canadian Palladium's price analysis, check to measure Canadian Palladium'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 Palladium is operating at the current time. Most of Canadian Palladium's value examination focuses on studying past and present price action to predict the probability of Canadian Palladium'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 Palladium's price. Additionally, you may evaluate how the addition of Canadian Palladium to your portfolios can decrease your overall portfolio volatility.
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