Canso Credit Trust Stock Z Score
| PBY-UN Stock | CAD 16.00 0.05 0.31% |
What is Altman Z-Score?
The Altman Z-Score is one of the most widely-used financial formulas to predict bankruptcy risk. Developed by Edward Altman in 1968, this model combines five key financial ratios to generate a single score that indicates the likelihood of financial distress within two years.
How to Interpret Canso Credit Z-Score
Z-Score above 3.0: Safe zone - Low bankruptcy risk
Z-Score 2.7 - 3.0: Gray zone - Moderate risk
Z-Score 1.8 - 2.7: Warning zone - Elevated risk
Z-Score below 1.8: Distress zone - High bankruptcy risk
Why Canso Credit Z-Score Matters
Investors use the Z-Score to assess financial health before making investment decisions. A declining Z-Score over time may signal deteriorating fundamentals, while an improving score suggests strengthening financial position. The model evaluates five critical metrics: working capital to assets, retained earnings to assets, EBIT to assets, market value of equity to total liabilities, and sales to assets.
Canso Credit Z-Score Analysis
The module uses available fundamental data of Canso Credit to calculate the Altman Z score based on five fundamental metrics from the company's most recent public disclosure documents. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Canso Credit Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Canso | Z Score |
Canso Z Score 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 Z Score. 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.
| 12/04/2025 |
| 03/04/2026 |
If you would invest 0.00 in Canso Credit on December 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 | 0.9105 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.31 |
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 | 0.0653 | |||
| Jensen Alpha | 0.0662 | |||
| Total Risk Alpha | 0.0223 | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 3.91 |
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 March 4, 2026 Technical Indicators
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| Risk Adjusted Performance | 0.0653 | |||
| Market Risk Adjusted Performance | 3.92 | |||
| Mean Deviation | 0.5675 | |||
| Semi Deviation | 0.6996 | |||
| Downside Deviation | 0.9105 | |||
| Coefficient Of Variation | 1186.37 | |||
| Standard Deviation | 0.9116 | |||
| Variance | 0.8309 | |||
| Information Ratio | 0.0329 | |||
| Jensen Alpha | 0.0662 | |||
| Total Risk Alpha | 0.0223 | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 3.91 | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.31 | |||
| Downside Variance | 0.829 | |||
| Semi Variance | 0.4894 | |||
| Expected Short fall | (0.70) | |||
| Skewness | 0.8845 | |||
| Kurtosis | 4.98 |
Canso Credit Trust Backtested Returns
At this point, Canso Credit is very steady. Canso Credit Trust secures Sharpe Ratio (or Efficiency) of 0.0863, which signifies that the company had a 0.0863 % 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 Downside Deviation of 0.9105, risk adjusted performance of 0.0653, and Mean Deviation of 0.5675 to double-check if the risk estimate we provide is consistent with the expected return of 0.0823%. Canso Credit has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0171, which signifies not very significant fluctuations relative to the market. 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 Credit Trust right now shows a risk of 0.95%. 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 | 0.27 |
Poor predictability
Canso Credit Trust has poor predictability. Overlapping area represents the amount of predictability between Canso Credit time series from 4th of December 2025 to 18th of January 2026 and 18th of January 2026 to 4th of March 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 0.27 indicates that nearly 27.0% of current Canso Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Canso Credit Trust has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The z score for all Canada stocks is 100.0% higher than that of the company.
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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 | 231.95 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.