Canadian Tire Stock Performance
| CTC-A Stock | CAD 154.37 1.43 0.94% |
Canadian Tire has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Canadian Tire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canadian Tire is expected to be smaller as well. Canadian Tire right now shows a risk of 0.92%. Please confirm Canadian Tire treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Canadian Tire will be following its price patterns.
Risk-Adjusted Performance
3 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Canadian Tire are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Canadian Tire is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Forward Dividend Yield 0.0464 | Payout Ratio 0.5877 | Forward Dividend Rate 7.1 | Dividend Date 2025-03-01 | Ex Dividend Date 2025-01-31 |
1 | Canadian Tire Share Price Crosses Above 50 Day Moving Average of 221.88 - MarketBeat | 09/18/2024 |
2 | Want Decades of Passive Income 2 Stocks to Buy Right Now - Yahoo Canada Finance | 11/18/2024 |
| Begin Period Cash Flow | 326.3 M |
Canadian |
Canadian Tire Relative Risk vs. Return Landscape
If you would invest 15,114 in Canadian Tire on August 31, 2024 and sell it today you would earn a total of 323.00 from holding Canadian Tire or generate 2.14% return on investment over 90 days. Canadian Tire is generating 0.0378% of daily returns and assumes 0.9232% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Canadian, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canadian Tire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Tire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canadian Tire, and traders can use it to determine the average amount a Canadian Tire's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0409
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| Negative Returns | CTC-A |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Canadian Tire is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canadian Tire by adding it to a well-diversified portfolio.
Canadian Tire Fundamentals Growth
Canadian Stock prices reflect investors' perceptions of the future prospects and financial health of Canadian Tire, and Canadian Tire fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canadian Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0372 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 16.89 B | |||
| Shares Outstanding | 52.2 M | |||
| Price To Earning | 16.95 X | |||
| Price To Book | 1.49 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 16.66 B | |||
| Gross Profit | 5.74 B | |||
| EBITDA | 1.48 B | |||
| Net Income | 339.1 M | |||
| Cash And Equivalents | 1.7 B | |||
| Cash Per Share | 28.04 X | |||
| Total Debt | 8.81 B | |||
| Debt To Equity | 1.86 % | |||
| Current Ratio | 1.91 X | |||
| Book Value Per Share | 102.83 X | |||
| Cash Flow From Operations | 1.35 B | |||
| Earnings Per Share | 11.59 X | |||
| Market Capitalization | 8.78 B | |||
| Total Asset | 21.98 B | |||
| Retained Earnings | 5.13 B | |||
| Working Capital | 4.9 B | |||
| Current Asset | 7.39 B | |||
| Current Liabilities | 3.98 B | |||
About Canadian Tire Performance
Assessing Canadian Tire's fundamental ratios provides investors with valuable insights into Canadian Tire's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Canadian Tire is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 87.21 | 44.94 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.08 | 0.13 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.04 | 0.04 |
Things to note about Canadian Tire performance evaluation
Checking the ongoing alerts about Canadian Tire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canadian Tire help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Want Decades of Passive Income 2 Stocks to Buy Right Now - Yahoo Canada Finance |
- Analyzing Canadian Tire's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canadian Tire's stock is overvalued or undervalued compared to its peers.
- Examining Canadian Tire's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canadian Tire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian Tire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canadian Tire's stock. These opinions can provide insight into Canadian Tire's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire'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 Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.