Air Canada Financials
| ADH2 Stock | 14.38 0.08 0.55% |
Air |
Understanding current and past Air Canada Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Air Canada's financial statements are interrelated, with each one affecting the others. For example, an increase in Air Canada's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Air Canada's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Air Canada. Check Air Canada's Beneish M Score to see the likelihood of Air Canada's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Stuttgart Exchange |
| ISIN | CA0089118776 |
| Benchmark | Dow Jones Industrial |
Air Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air Canada's current stock value. Our valuation model uses many indicators to compare Air Canada value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Canada competition to find correlations between indicators driving Air Canada's intrinsic value. More Info.Air Canada is rated below average in current valuation category among its peers. It is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for Air Canada is about 11,914,026 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air Canada's earnings, one of the primary drivers of an investment's value.Air Canada Systematic Risk
Air Canada's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Air Canada volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Air Canada correlated with the market. If Beta is less than 0 Air Canada generally moves in the opposite direction as compared to the market. If Air Canada Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Air Canada is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Air Canada is generally in the same direction as the market. If Beta > 1 Air Canada moves generally in the same direction as, but more than the movement of the benchmark.
Air Canada December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Air Canada help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Air Canada. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Canada based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Canada's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.1695 | |||
| Maximum Drawdown | 24.4 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 5.0 |
Additional Tools for Air Stock Analysis
When running Air Canada's price analysis, check to measure Air Canada'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 Air Canada is operating at the current time. Most of Air Canada's value examination focuses on studying past and present price action to predict the probability of Air Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Canada's price. Additionally, you may evaluate how the addition of Air Canada to your portfolios can decrease your overall portfolio volatility.