Canso Credit Trust Stock Beta
| PBY-UN Stock | CAD 16.02 0.06 0.38% |
As of the 2nd of February, Canso Credit shows the Downside Deviation of 0.4456, mean deviation of 0.3373, and Risk Adjusted Performance of 0.0993. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Canso Credit, as well as the relationship between them.
Canso Credit Total Revenue |
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Canso | Beta |
Canso Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Canso Credit is extremely important. It helps to project a fair market value of Canso Stock properly, considering its historical fundamentals such as Beta. Since Canso Credit's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canso Credit's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canso Credit's interrelated accounts and indicators.
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Canso Credit 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Canso Credit's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Canso Credit.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Canso Credit on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Canso Credit Trust or generate 0.0% return on investment in Canso Credit over 90 days. Canso Credit is related to or competes with Abrdn Asia, Pender Growth, Income Financial, and Precious Metals. Canso Credit Trust - Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limi... More
Canso Credit Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Canso Credit's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Canso Credit Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4456 | |||
| Information Ratio | 0.0582 | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.6966 |
Canso Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canso Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canso Credit's standard deviation. In reality, there are many statistical measures that can use Canso Credit historical prices to predict the future Canso Credit's volatility.| Risk Adjusted Performance | 0.0993 | |||
| Jensen Alpha | 0.0684 | |||
| Total Risk Alpha | 0.0402 | |||
| Sortino Ratio | 0.0698 | |||
| Treynor Ratio | (0.98) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canso Credit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Canso Credit February 2, 2026 Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | 0.0993 | |||
| Market Risk Adjusted Performance | (0.97) | |||
| Mean Deviation | 0.3373 | |||
| Semi Deviation | 0.2289 | |||
| Downside Deviation | 0.4456 | |||
| Coefficient Of Variation | 703.42 | |||
| Standard Deviation | 0.535 | |||
| Variance | 0.2862 | |||
| Information Ratio | 0.0582 | |||
| Jensen Alpha | 0.0684 | |||
| Total Risk Alpha | 0.0402 | |||
| Sortino Ratio | 0.0698 | |||
| Treynor Ratio | (0.98) | |||
| Maximum Drawdown | 3.93 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.6966 | |||
| Downside Variance | 0.1986 | |||
| Semi Variance | 0.0524 | |||
| Expected Short fall | (0.43) | |||
| Skewness | 2.3 | |||
| Kurtosis | 11.88 |
Canso Credit Trust Backtested Returns
At this point, Canso Credit is very steady. Canso Credit Trust secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Canso Credit Trust, which you can use to evaluate the volatility of the firm. Please confirm Canso Credit's Risk Adjusted Performance of 0.0993, mean deviation of 0.3373, and Downside Deviation of 0.4456 to double-check if the risk estimate we provide is consistent with the expected return of 0.0609%. Canso Credit has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0672, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canso Credit are expected to decrease at a much lower rate. During the bear market, Canso Credit is likely to outperform the market. Canso Credit Trust right now shows a risk of 0.54%. Please confirm Canso Credit Trust treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Canso Credit Trust will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
Canso Credit Trust has good reverse predictability. Overlapping area represents the amount of predictability between Canso Credit time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canso Credit Trust price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Canso Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Canso Credit Trust has a Beta of 0.19. This is 62.0% lower than that of the Capital Markets sector and 88.13% lower than that of the Financials industry. The beta for all Canada stocks is notably lower than that of the firm.
Canso Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canso Credit's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canso Credit could also be used in its relative valuation, which is a method of valuing Canso Credit by comparing valuation metrics of similar companies.Canso Credit is currently under evaluation in beta category among its peers.
As returns on the market increase, Canso Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canso Credit is expected to be smaller as well.
Canso Fundamentals
| Current Valuation | 168.91 M | ||||
| Shares Outstanding | 13.14 M | ||||
| Shares Owned By Insiders | 33.73 % | ||||
| Shares Owned By Institutions | 2.54 % | ||||
| EBITDA | 14.75 M | ||||
| Net Income | 14.75 M | ||||
| Total Debt | 53.15 M | ||||
| Cash Flow From Operations | 5.36 M | ||||
| Beta | 0.19 | ||||
| Market Capitalization | 231.52 M | ||||
| Total Asset | 192.07 M | ||||
| Net Asset | 192.07 M |
About Canso Credit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canso Credit Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canso Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canso Credit Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Canso Stock
Canso Credit financial ratios help investors to determine whether Canso 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 Canso with respect to the benefits of owning Canso Credit security.