Closing Bell Canlan ICE Sports Corp down on Thursday - The Globe and Mail
| ICE Stock | CAD 3.90 0.02 0.52% |
About 53% of Canlan Ice's investor base is interested to short. The analysis of overall sentiment of trading Canlan Ice Sports stock suggests that many investors are impartial at this time. Canlan Ice's investing sentiment overview a quick insight into current market opportunities from investing in Canlan Ice Sports. Many technical investors use Canlan Ice Sports stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Canlan |
Closing Bell Canlan ICE Sports Corp down on Thursday The Globe and Mail
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Canlan Ice Fundamental Analysis
We analyze Canlan Ice's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canlan Ice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canlan Ice 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.
Current Valuation
Current Valuation Comparative Analysis
Canlan Ice is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Canlan Ice Sports Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canlan Ice stock to make a market-neutral strategy. Peer analysis of Canlan Ice could also be used in its relative valuation, which is a method of valuing Canlan Ice by comparing valuation metrics with similar companies.
Peers
Canlan Ice Related Equities
| MPC | Madison Pacific | 4.20 | ||||
| CWL | Caldwell Partners | 4.17 | ||||
| GBT | BMTC | 0.36 | ||||
| TWC | TWC Enterprises | 1.17 | ||||
| FAR | Foraco International | 3.38 |
Other Information on Investing in Canlan Stock
Canlan Ice financial ratios help investors to determine whether Canlan 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 Canlan with respect to the benefits of owning Canlan Ice security.