Canlan Ice Sports Stock Performance
| CNLFF Stock | USD 2.97 0.00 0.00% |
Canlan Ice has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0037, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canlan Ice's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canlan Ice is expected to be smaller as well. Canlan Ice Sports right now shows a risk of 0.15%. Please confirm Canlan Ice Sports maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Canlan Ice Sports will be following its price patterns.
Risk-Adjusted Performance
13 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Canlan Ice Sports are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical and fundamental indicators, Canlan Ice is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 7.5 M | |
| Total Cashflows From Investing Activities | 6.6 M |
Canlan |
Canlan Ice Relative Risk vs. Return Landscape
If you would invest 292.00 in Canlan Ice Sports on August 27, 2024 and sell it today you would earn a total of 5.00 from holding Canlan Ice Sports or generate 1.71% return on investment over 90 days. Canlan Ice Sports is currently producing 0.0266% returns and takes up 0.1527% volatility of returns over 90 trading days. Put another way, 1% of traded pink sheets are less volatile than Canlan, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canlan Ice Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canlan Ice's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canlan Ice Sports, and traders can use it to determine the average amount a Canlan Ice'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 = 0.1745
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Canlan Ice is performing at about 13% 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 Canlan Ice by adding it to a well-diversified portfolio.
Canlan Ice Fundamentals Growth
Canlan Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canlan Ice, and Canlan Ice 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 Canlan Pink Sheet performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0096 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 64.71 M | |||
| Shares Outstanding | 13.34 M | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 40.39 M | |||
| EBITDA | 7.88 M | |||
| Cash And Equivalents | 4.59 M | |||
| Cash Per Share | 0.34 X | |||
| Total Debt | 39.36 M | |||
| Debt To Equity | 1.68 % | |||
| Book Value Per Share | 3.37 X | |||
| Cash Flow From Operations | 12.14 M | |||
| Earnings Per Share | 0.18 X | |||
| Total Asset | 116.61 M | |||
About Canlan Ice Performance
By analyzing Canlan Ice's fundamental ratios, stakeholders can gain valuable insights into Canlan Ice's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canlan Ice has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canlan Ice has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd. Canlan ICE is traded on OTC Exchange in the United States.Things to note about Canlan Ice Sports performance evaluation
Checking the ongoing alerts about Canlan Ice for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canlan Ice Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canlan Ice Sports has high likelihood to experience some financial distress in the next 2 years | |
| Canlan Ice Sports has accumulated 39.36 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Canlan Ice Sports has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canlan Ice until it has trouble settling it off, either with new capital or with free cash flow. So, Canlan Ice's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canlan Ice Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canlan to invest in growth at high rates of return. When we think about Canlan Ice's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 40.39 M. Net Loss for the year was (1.09 M) with profit before overhead, payroll, taxes, and interest of 32.25 M. | |
| About 93.0% of Canlan Ice shares are held by company insiders |
- Analyzing Canlan Ice'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 Canlan Ice's stock is overvalued or undervalued compared to its peers.
- Examining Canlan Ice'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 Canlan Ice's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canlan Ice's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canlan Ice's pink sheet. These opinions can provide insight into Canlan Ice's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canlan Pink Sheet analysis
When running Canlan Ice's price analysis, check to measure Canlan Ice'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 Canlan Ice is operating at the current time. Most of Canlan Ice's value examination focuses on studying past and present price action to predict the probability of Canlan Ice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canlan Ice's price. Additionally, you may evaluate how the addition of Canlan Ice to your portfolios can decrease your overall portfolio volatility.
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