Canso Select Opportunities Stock Analysis

Canso Stock Analysis Notes

About 49.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canso Select Opportu had not issued any dividends in recent years. Canso Select Opportunities Corporation is a publicly owned hedge fund manager. Canso Select Opportunities Corporation was founded on February 16, 2018 and is based in Richmond Hill, Canada. CANSO SELECT operates under Asset Management classification in Canada and is traded on TSX Venture Exchange. For more info on Canso Select Opportunities please contact MBA CFA at 647 956 6264 or go to https://www.selectopportunitiescorporation.com.

Canso Select Opportu Investment Alerts

Canso Select Thematic Classifications

Canso Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 13.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canso Select's market, we take the total number of its shares issued and multiply it by Canso Select's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Canso Profitablity

The company has Profit Margin (PM) of 0.83 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.88 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.88.

Management Efficiency

Canso Select Opportu has return on total asset (ROA) of 0.1258 % which means that it generated a profit of $0.1258 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1798 %, meaning that it generated $0.1798 on every $100 dollars invested by stockholders. Canso Select's management efficiency ratios could be used to measure how well Canso Select manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Other Assets is expected to grow to about 432 K, whereas Total Assets are forecasted to decline to about 14.8 M.

Technical Drivers

As of the 22nd of November, Canso Select shows the Standard Deviation of 3.06, mean deviation of 0.7086, and Risk Adjusted Performance of 0.0252. Canso Select Opportu technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Canso Select Opportu Price Movement Analysis

Canso Select Predictive Daily Indicators

Canso Select Forecast Models

Canso Select's time-series forecasting models are one of many Canso Select's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canso Select's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Canso Select prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canso shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Canso Select. By using and applying Canso Stock analysis, traders can create a robust methodology for identifying Canso entry and exit points for their positions.

When running Canso Select's price analysis, check to measure Canso Select'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 Canso Select is operating at the current time. Most of Canso Select's value examination focuses on studying past and present price action to predict the probability of Canso Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canso Select's price. Additionally, you may evaluate how the addition of Canso Select to your portfolios can decrease your overall portfolio volatility.