Please use analysis of Canlan Ice Sports fundamentals to determine if markets are correctly pricing the company. We were able to analyze and collect data for thirty-four available fundamental indicators for Canlan Ice Sports, which can be compared to its peers. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Canlan Ice to be traded at C$3.86 in 90 days. Key indicators impacting Canlan Ice's financial strength include:
Understanding current and past Canlan Ice Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canlan Ice's financial statements are interrelated, with each one affecting the others. For example, an increase in Canlan Ice's assets may result in an increase in income on the income statement.
Canlan Ice competes with BMTC, Caldwell Partners, TWC Enterprises, Madison Pacific, and Foraco International. Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd. CANLAN ICE operates under Leisure classification in Canada and is traded on Toronto Stock Exchange. It employs 1100 people.
You should never invest in Canlan Ice without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canlan Stock, because this is throwing your money away. Analyzing the key information contained in Canlan Ice's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canlan Ice Key Financial Ratios
Canlan Ice's financial ratios allow both analysts and investors to convert raw data from Canlan Ice's financial statements into concise, actionable information that can be used to evaluate the performance of Canlan Ice over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Canlan Ice's current stock value. Our valuation model uses many indicators to compare Canlan Ice value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canlan Ice competition to find correlations between indicators driving Canlan Ice's intrinsic value. More Info.
Canlan Ice Sports is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Canlan Ice's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canlan Ice by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canlan Ice's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Canlan Ice Sports Systematic Risk
Canlan Ice's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canlan Ice 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Canlan Ice Sports correlated with the market. If Beta is less than 0 Canlan Ice generally moves in the opposite direction as compared to the market. If Canlan Ice Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canlan Ice Sports is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canlan Ice is generally in the same direction as the market. If Beta > 1 Canlan Ice moves generally in the same direction as, but more than the movement of the benchmark.
Canlan Ice Sports Total Assets Over Time
Canlan Ice Thematic Clasifications
Canlan Ice Sports is part of several thematic ideas from Entertainment to Sport Products. 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. Get More Thematic Ideas
Today, most investors in Canlan Ice Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canlan Ice'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 Canlan Ice growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Canlan Ice help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canlan Ice Sports. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canlan Ice Sports based on widely used predictive technical indicators. In general, we focus on analyzing Canlan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canlan Ice's daily price indicators and compare them against related drivers.
Canlan Ice financial ratios help investors to determine whether Canlan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canlan with respect to the benefits of owning Canlan Ice security.