Canadian Banc Corp Stock Performance
| BK Stock | CAD 11.96 0.13 1.08% |
Bank of New York has a performance score of 28 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bank of New York's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bank of New York is expected to be smaller as well. Canadian Banc Corp right now shows a risk of 0.49%. Please confirm Canadian Banc Corp maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Canadian Banc Corp will be following its price patterns.
Risk-Adjusted Performance
28 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Canadian Banc Corp are ranked lower than 28 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Bank of New York may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.1433 | Payout Ratio 0.7292 | Last Split Factor 1:1 | Forward Dividend Rate 1.73 | Dividend Date 2024-12-10 |
1 | Canadian Banc Corp. Monthly Dividend Declaration for Class A Preferred Share - Yahoo Finance | 11/20/2024 |
| Begin Period Cash Flow | 60.4 M |
Bank |
Bank of New York Relative Risk vs. Return Landscape
If you would invest 1,080 in Canadian Banc Corp on August 30, 2024 and sell it today you would earn a total of 129.00 from holding Canadian Banc Corp or generate 11.94% return on investment over 90 days. Canadian Banc Corp is currently producing 0.1804% returns and takes up 0.4907% volatility of returns over 90 trading days. Put another way, 4% of traded stocks are less volatile than Bank, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Bank of New York Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bank of New York's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canadian Banc Corp, and traders can use it to determine the average amount a Bank of New York'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 = 0.3677
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 28 72% of assets perform better |
Based on monthly moving average Bank of New York is performing at about 28% 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 Bank of New York by adding it to a well-diversified portfolio.
Bank of New York Fundamentals Growth
Bank Stock prices reflect investors' perceptions of the future prospects and financial health of Bank of New York, and Bank of New York 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 Bank Stock performance.
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.63 % | ||||
| Operating Margin | 0.96 % | ||||
| Current Valuation | 48.86 M | ||||
| Shares Outstanding | 30.19 M | ||||
| Price To Earning | 6.29 X | ||||
| Price To Book | 1.17 X | ||||
| Price To Sales | 3.76 X | ||||
| Revenue | (8.58 M) | ||||
| Gross Profit | 6.92 M | ||||
| EBITDA | (13.91 M) | ||||
| Net Income | (40.41 M) | ||||
| Cash And Equivalents | 226.1 M | ||||
| Cash Per Share | 20.38 X | ||||
| Total Debt | 364.56 M | ||||
| Debt To Equity | 97.90 % | ||||
| Current Ratio | 2.00 X | ||||
| Book Value Per Share | 10.31 X | ||||
| Cash Flow From Operations | (136.8 M) | ||||
| Earnings Per Share | 2.33 X | ||||
| Market Capitalization | 364.96 M | ||||
| Total Asset | 630.28 M | ||||
About Bank of New York Performance
By examining Bank of New York's fundamental ratios, stakeholders can obtain critical insights into Bank of New York's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Bank of New York is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.05) | (0.05) |
Things to note about Canadian Banc Corp performance evaluation
Checking the ongoing alerts about Bank of New York for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canadian Banc Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canadian Banc Corp has high likelihood to experience some financial distress in the next 2 years | |
| Canadian Banc Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (40.41 M) with profit before overhead, payroll, taxes, and interest of 6.92 M. | |
| Canadian Banc Corp has accumulated about 226.1 M in cash with (136.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: Canadian Banc Corp. Monthly Dividend Declaration for Class A Preferred Share - Yahoo Finance |
- Analyzing Bank of New York'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 Bank of New York's stock is overvalued or undervalued compared to its peers.
- Examining Bank of New York'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 Bank of New York's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bank of New York's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bank of New York's stock. These opinions can provide insight into Bank of New York's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Bank Stock
Bank of New York financial ratios help investors to determine whether Bank 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 Bank with respect to the benefits of owning Bank of New York security.