Canstar Resources Stock Market Outlook
| CSRNF Stock | USD 0.06 0 5.91% |
Roughly 55% of Canstar Resources' stockholders are presently thinking to get in. The analysis of overall sentiment of trading Canstar Resources pink sheet suggests that some investors are interested at this time. The current market sentiment, together with Canstar Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Canstar Resources stock news signals to limit their universe of possible portfolio assets.
Comfort Level 55
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Canstar Resources' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Canstar Resources.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Canstar Resources is 'Strong Sell'. Macroaxis provides Canstar Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CSRNF positions.
Execute Canstar Resources Advice
The Canstar recommendation should be used to complement the investment advice compiled from the current analysts' consensus on Canstar Resources. Macroaxis does not own or have any residual interests in Canstar Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canstar Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Fair | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
For the selected time horizon Canstar Resources has a Mean Deviation of 4.8, Semi Deviation of 5.29, Standard Deviation of 6.48, Variance of 41.96, Downside Variance of 48.56 and Semi Variance of 28.0We provide trade advice to complement the prevailing expert consensus on Canstar Resources. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Canstar Resources is not overpriced, please confirm all Canstar Resources fundamentals, including its net income, as well as the relationship between the book value per share and beta . As Canstar Resources appears to be a penny stock we also recommend to validate its cash and equivalents numbers.
Canstar Resources Trading Alerts and Improvement Suggestions
| Canstar Resources is way too risky over 90 days horizon | |
| Canstar Resources has some characteristics of a very speculative penny stock | |
| Canstar Resources appears to be risky and price may revert if volatility continues | |
| Canstar Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canstar Resources has accumulated about 4.99 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Roughly 35.0% of the company shares are held by company insiders |
Canstar Resources Returns Distribution Density
The distribution of Canstar Resources' historical returns is an attempt to chart the uncertainty of Canstar Resources' future price movements. The chart of the probability distribution of Canstar Resources daily returns describes the distribution of returns around its average expected value. We use Canstar Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canstar Resources returns is essential to provide solid investment analysis for Canstar Resources.
| Mean Return | 0.62 | Value At Risk | -10.16 | Potential Upside | 10.31 | Standard Deviation | 6.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canstar Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canstar Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canstar Resources or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canstar Resources' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canstar pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.64 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 6.71 | |
Ir | Information ratio | 0.08 |
Canstar Resources Volatility Alert
Canstar Resources is displaying above-average volatility over the selected time horizon. Canstar Resources is a penny stock. Although Canstar Resources may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Canstar Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Canstar instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Canstar Resources Fundamentals Vs Peers
Comparing Canstar Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canstar Resources' direct or indirect competition across all of the common fundamentals between Canstar Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canstar Resources or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Canstar Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Canstar Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canstar Resources to competition |
| Fundamentals | Canstar Resources | Peer Average |
| Return On Equity | -0.62 | -0.31 |
| Return On Asset | -0.38 | -0.14 |
| Current Valuation | 2.09 M | 16.62 B |
| Shares Outstanding | 110.25 M | 571.82 M |
| Shares Owned By Insiders | 35.00 % | 10.09 % |
| Shares Owned By Institutions | 1.26 % | 39.21 % |
| Price To Earning | (16.52) X | 28.72 X |
| Price To Book | 0.53 X | 9.51 X |
| EBITDA | (8.84 M) | 3.9 B |
| Net Income | (8.86 M) | 570.98 M |
| Cash And Equivalents | 4.99 M | 2.7 B |
| Cash Per Share | 0.05 X | 5.01 X |
| Current Ratio | 27.25 X | 2.16 X |
| Book Value Per Share | 0.12 X | 1.93 K |
| Cash Flow From Operations | (1.54 M) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Number Of Employees | 15 | 18.84 K |
| Beta | 2.22 | -0.15 |
| Market Capitalization | 5.85 M | 19.03 B |
| Total Asset | 13.25 M | 29.47 B |
| Net Asset | 13.25 M |
Canstar Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canstar . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 224.47 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 0.0575 | |||
| Day Typical Price | 0.058 | |||
| Price Action Indicator | 0.0033 | |||
| Period Momentum Indicator | 0.0033 |
About Canstar Resources Buy or Sell Advice
When is the right time to buy or sell Canstar Resources? Buying financial instruments such as Canstar Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Canstar Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Volatility ETFs
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Volatility ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Canstar Pink Sheet
Canstar Resources financial ratios help investors to determine whether Canstar Pink Sheet 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 Canstar with respect to the benefits of owning Canstar Resources security.