Canex Metals Stock Analysis

CANEX Pink Sheet Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.25. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. CANEX Metals recorded a loss per share of 0.01. The entity last dividend was issued on the 3rd of April 2017. The firm had 1:5 split on the 3rd of April 2017. CANEX Metals Inc. engages in the acquisition, exploration, and development of mineral properties. The company was formerly known as Northern Abitibi Mining Corp. and changed its name to CANEX Metals Inc. in April 2017. Canex Metals operates under Gold classification in the United States and is traded on OTC Exchange.The quote for CANEX Metals is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about CANEX Metals contact the company at 403 233 2636 or learn more at https://canexmetals.ca.

CANEX Metals Investment Alerts

CANEX Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CANEX Metals's market, we take the total number of its shares issued and multiply it by CANEX Metals'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.

Technical Drivers

As of the 20th of January, CANEX Metals shows the Semi Deviation of 11.09, mean deviation of 5.54, and Coefficient Of Variation of 9017.95. Concerning fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of CANEX Metals, as well as the relationship between them. Please confirm CANEX Metals treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if CANEX Metals is priced adequately, providing market reflects its regular price of 0.02 per share. As CANEX Metals appears to be a penny stock we also recommend to validate its total risk alpha numbers.

CANEX Metals Price Movement Analysis

CANEX Metals Predictive Daily Indicators

CANEX Metals Forecast Models

CANEX Metals' time-series forecasting models are one of many CANEX Metals' pink sheet 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 CANEX Metals' 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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how CANEX Metals 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 CANEX shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as CANEX Metals. By using and applying CANEX Pink Sheet analysis, traders can create a robust methodology for identifying CANEX entry and exit points for their positions.

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