Mcan Mortgage Stock Buy Hold or Sell Recommendation
| MKP Stock | CAD 19.50 0.10 0.51% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding MCAN Mortgage is 'Cautious Hold'. The recommendation algorithm takes into account all of MCAN Mortgage's available fundamental, technical, and predictive indicators you will find on this site.
Check out MCAN Mortgage Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as MCAN and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards MCAN Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
MCAN |
Execute MCAN Mortgage Buy or Sell Advice
The MCAN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MCAN Mortgage. Macroaxis does not own or have any residual interests in MCAN Mortgage or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MCAN Mortgage's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
MCAN Mortgage Trading Alerts and Improvement Suggestions
| MCAN Mortgage has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| MCAN Mortgage has accumulated about 78.21 M in cash with (59.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: MCAN Mortgage Stock Crosses Above 200-Day Moving Average - Heres Why - MarketBeat |
MCAN Mortgage Returns Distribution Density
The distribution of MCAN Mortgage's historical returns is an attempt to chart the uncertainty of MCAN Mortgage's future price movements. The chart of the probability distribution of MCAN Mortgage daily returns describes the distribution of returns around its average expected value. We use MCAN Mortgage price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MCAN Mortgage returns is essential to provide solid investment advice for MCAN Mortgage.
| Mean Return | 0.22 | Value At Risk | -1.3 | Potential Upside | 1.34 | Standard Deviation | 1.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MCAN Mortgage 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.
MCAN Mortgage Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (44.4M) | 34.5M | 33.3M | (44.1M) | (17.9M) | (17.0M) | |
| Free Cash Flow | (32.3M) | 58.8M | (113.7M) | 28.0M | (60.3M) | (63.3M) | |
| Other Non Cash Items | (27.3M) | (21.3M) | (36.9M) | (10.5M) | (4.5M) | (4.3M) | |
| Dividends Paid | 30.7M | 34.4M | 22.2M | 36.2M | 35.3M | 19.8M | |
| Capital Expenditures | 440K | 307K | 161K | 282K | 669K | 455.7K | |
| Net Income | 48.3M | 42.9M | 64.4M | 55.4M | 77.5M | 81.4M | |
| End Period Cash Flow | 54.5M | 88.9M | 122.3M | 78.2M | 60.3M | 63.6M | |
| Depreciation | 766K | 779K | 683K | 588K | 640K | 767.7K | |
| Investments | 7.3M | 15.2M | 17.9M | 18.1M | 17.2M | 16.3M | |
| Change To Netincome | (27.3M) | (20.8M) | (36.0M) | (9.7M) | (11.1M) | (11.7M) |
MCAN Mortgage 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 MCAN Mortgage or Thrifts & Mortgage Finance 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 MCAN Mortgage's price will be affected by overall stock 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 MCAN stock'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 | 0.24 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 1.21 | |
Ir | Information ratio | 0.08 |
MCAN Mortgage Volatility Alert
MCAN Mortgage has low volatility with Treynor Ratio of -1.17, Maximum Drawdown of 9.45 and kurtosis of 23.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MCAN Mortgage's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MCAN Mortgage's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MCAN Mortgage Fundamentals Vs Peers
Comparing MCAN Mortgage's 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 MCAN Mortgage's direct or indirect competition across all of the common fundamentals between MCAN Mortgage and the related equities. This way, we can detect undervalued stocks with similar characteristics as MCAN Mortgage or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MCAN Mortgage's fundamental indicators could also be used in its relative valuation, which is a method of valuing MCAN Mortgage by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MCAN Mortgage to competition |
| Fundamentals | MCAN Mortgage | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0184 | -0.14 |
| Profit Margin | 0.64 % | (1.27) % |
| Operating Margin | 0.69 % | (5.51) % |
| Current Valuation | 2.94 B | 16.62 B |
| Shares Outstanding | 38.46 M | 571.82 M |
| Shares Owned By Insiders | 15.25 % | 10.09 % |
| Shares Owned By Institutions | 0.47 % | 39.21 % |
| Number Of Shares Shorted | 827.79 K | 4.71 M |
| Price To Earning | 9.97 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 5.34 X | 11.42 X |
| Revenue | 123.13 M | 9.43 B |
| Gross Profit | 83.91 M | 27.38 B |
| EBITDA | 78.23 M | 3.9 B |
| Net Income | 77.5 M | 570.98 M |
| Cash And Equivalents | 78.21 M | 2.7 B |
| Cash Per Share | 2.18 X | 5.01 X |
| Total Debt | 66.38 M | 5.32 B |
| Debt To Equity | 267.10 % | 48.70 % |
| Current Ratio | 1.67 X | 2.16 X |
| Book Value Per Share | 15.76 X | 1.93 K |
| Cash Flow From Operations | (59.59 M) | 971.22 M |
| Short Ratio | 15.81 X | 4.00 X |
| Earnings Per Share | 2.43 X | 3.12 X |
| Target Price | 19.5 | |
| Number Of Employees | 142 | 18.84 K |
| Beta | 0.85 | -0.15 |
| Market Capitalization | 750.02 M | 19.03 B |
| Total Asset | 4.74 B | 29.47 B |
| Retained Earnings | 124.71 M | 9.33 B |
| Annual Yield | 0.08 % | |
| Five Year Return | 8.36 % |
MCAN Mortgage Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MCAN . 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.
About MCAN Mortgage Buy or Sell Advice
When is the right time to buy or sell MCAN Mortgage? Buying financial instruments such as MCAN Stock 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 MCAN Mortgage 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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Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
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 Trading Theme or any other thematic opportunities.
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Other Information on Investing in MCAN Stock
MCAN Mortgage financial ratios help investors to determine whether MCAN 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 MCAN with respect to the benefits of owning MCAN Mortgage security.