Canoe Eit Income Preferred Stock Performance
| EIT-PA Preferred Stock | CAD 25.60 0.01 0.04% |
Canoe EIT has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0165, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canoe EIT are expected to decrease at a much lower rate. During the bear market, Canoe EIT is likely to outperform the market. Canoe EIT Income right now shows a risk of 0.38%. Please confirm Canoe EIT Income total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Canoe EIT Income will be following its price patterns.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Canoe EIT Income are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Canoe EIT is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Canoe |
Canoe EIT Relative Risk vs. Return Landscape
If you would invest 2,512 in Canoe EIT Income on October 2, 2025 and sell it today you would earn a total of 48.00 from holding Canoe EIT Income or generate 1.91% return on investment over 90 days. Canoe EIT Income is generating 0.0312% of daily returns and assumes 0.3753% volatility on return distribution over the 90 days horizon. Simply put, 3% of preferred stocks are less volatile than Canoe, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canoe EIT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canoe EIT's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Canoe EIT Income, and traders can use it to determine the average amount a Canoe EIT'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 = 0.0832
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| Negative Returns | EIT-PA |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Canoe EIT is performing at about 6% 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 Canoe EIT by adding it to a well-diversified portfolio.
Canoe EIT Fundamentals Growth
Canoe Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Canoe EIT, and Canoe EIT 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 Canoe Preferred Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.099 | ||||
| Profit Margin | 0.87 % | ||||
| Operating Margin | 0.93 % | ||||
| Current Valuation | 4.73 B | ||||
| Shares Outstanding | 86.04 M | ||||
| Price To Sales | 2.81 X | ||||
| Revenue | 148.57 M | ||||
| Cash And Equivalents | 9.01 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 338.3 M | ||||
| Debt To Equity | 21.10 % | ||||
| Book Value Per Share | 13.94 X | ||||
| Cash Flow From Operations | (112.77 M) | ||||
| Earnings Per Share | 4.35 X | ||||
| Total Asset | 2.66 B | ||||
About Canoe EIT Performance
By analyzing Canoe EIT's fundamental ratios, stakeholders can gain valuable insights into Canoe EIT's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canoe EIT 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 Canoe EIT has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada. CANOE EIT is traded on Toronto Stock Exchange in Canada.Things to note about Canoe EIT Income performance evaluation
Checking the ongoing alerts about Canoe EIT for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Canoe EIT Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canoe EIT Income has accumulated about 9.01 M in cash with (112.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. |
- Analyzing Canoe EIT'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 Canoe EIT's stock is overvalued or undervalued compared to its peers.
- Examining Canoe EIT'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 Canoe EIT's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canoe EIT's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canoe EIT's preferred stock. These opinions can provide insight into Canoe EIT's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canoe Preferred Stock analysis
When running Canoe EIT's price analysis, check to measure Canoe EIT'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 Canoe EIT is operating at the current time. Most of Canoe EIT's value examination focuses on studying past and present price action to predict the probability of Canoe EIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoe EIT's price. Additionally, you may evaluate how the addition of Canoe EIT to your portfolios can decrease your overall portfolio volatility.
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