Can Fite Biopharma Stock Buy Hold or Sell Recommendation
| CANF Stock | USD 1.58 0.06 3.95% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Can Fite Biopharma is 'Cautious Hold'. Macroaxis provides Can Fite buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Can Fite positions.
Check out Can Fite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Can and provide practical buy, sell, or hold advice based on investors' constraints. Can Fite Biopharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Can |
Execute Can Fite Buy or Sell Advice
The Can recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Can Fite Biopharma. Macroaxis does not own or have any residual interests in Can Fite Biopharma or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Can Fite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Can Fite Trading Alerts and Improvement Suggestions
| Can Fite Biopharma generated a negative expected return over the last 90 days | |
| Can Fite Biopharma has high historical volatility and very poor performance | |
| Can Fite Biopharma may become a speculative penny stock | |
| The company reported the previous year's revenue of 743 K. Net Loss for the year was (7.63 M) with profit before overhead, payroll, taxes, and interest of 810 K. | |
| Can Fite Biopharma currently holds about 12.77 M in cash with (8.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47. | |
| Can Fite Biopharma has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Bears are Losing Control Over CanFite Biopharma , Heres Why Its a Buy Now |
Can Fite Returns Distribution Density
The distribution of Can Fite's historical returns is an attempt to chart the uncertainty of Can Fite's future price movements. The chart of the probability distribution of Can Fite daily returns describes the distribution of returns around its average expected value. We use Can Fite Biopharma price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Can Fite returns is essential to provide solid investment advice for Can Fite.
| Mean Return | -0.26 | Value At Risk | -6.34 | Potential Upside | 8.27 | Standard Deviation | 4.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Can Fite historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Can Fite Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (918K) | 5.6M | (3.9M) | (1.4M) | 1.3M | 1.4M | |
| Free Cash Flow | (10.8M) | (12.1M) | (9.9M) | (10.8M) | (8.4M) | (8.9M) | |
| Other Non Cash Items | (5K) | 1K | (46K) | 396K | (139K) | (146.0K) | |
| Capital Expenditures | 3K | 26K | 11K | 9K | 2K | 1.9K | |
| Net Income | (12.6M) | (14.4M) | (12.6M) | (10.2M) | (7.6M) | (8.0M) | |
| End Period Cash Flow | 2.7M | 8.3M | 4.4M | 3.0M | 4.3M | 4.6M | |
| Change To Netincome | 543K | 1.9M | 258K | 605K | 695.8K | 730.5K | |
| Investments | (253K) | (26K) | (14.5M) | 9.5M | 498K | 522.9K |
Can Fite Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Can Fite or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Can Fite's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Can stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.29 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 5.01 | |
Ir | Information ratio | -0.06 |
Can Fite Volatility Alert
Can Fite Biopharma exhibits very low volatility with skewness of -0.3 and kurtosis of 4.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Can Fite's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Can Fite's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Can Fite Fundamentals Vs Peers
Comparing Can Fite's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Can Fite's direct or indirect competition across all of the common fundamentals between Can Fite and the related equities. This way, we can detect undervalued stocks with similar characteristics as Can Fite or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Can Fite's fundamental indicators could also be used in its relative valuation, which is a method of valuing Can Fite by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Can Fite to competition |
| Fundamentals | Can Fite | Peer Average |
| Return On Equity | -1.58 | -0.31 |
| Return On Asset | -0.57 | -0.14 |
| Operating Margin | (12.96) % | (5.51) % |
| Current Valuation | 4.31 M | 16.62 B |
| Shares Outstanding | 6.1 M | 571.82 M |
| Shares Owned By Institutions | 8.00 % | 39.21 % |
| Number Of Shares Shorted | 361.09 K | 4.71 M |
| Price To Earning | (3.41) X | 28.72 X |
| Price To Book | 3.89 X | 9.51 X |
| Price To Sales | 14.44 X | 11.42 X |
| Revenue | 743 K | 9.43 B |
| Gross Profit | 810 K | 27.38 B |
| EBITDA | (8.18 M) | 3.9 B |
| Net Income | (7.63 M) | 570.98 M |
| Cash And Equivalents | 12.77 M | 2.7 B |
| Cash Per Share | 0.47 X | 5.01 X |
| Total Debt | 40 K | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 6.78 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (8.44 M) | 971.22 M |
| Short Ratio | 0.35 X | 4.00 X |
| Earnings Per Share | (2.60) X | 3.12 X |
| Target Price | 14.0 | |
| Number Of Employees | 8 | 18.84 K |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 9.63 M | 19.03 B |
| Total Asset | 9.99 M | 29.47 B |
| Retained Earnings | (158.48 M) | 9.33 B |
| Working Capital | 7.89 M | 1.48 B |
| Current Asset | 39.51 M | 9.34 B |
| Current Liabilities | 5.77 M | 7.9 B |
| Net Asset | 9.99 M |
Can Fite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Can . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Can Fite Buy or Sell Advice
When is the right time to buy or sell Can Fite Biopharma? Buying financial instruments such as Can Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Can Fite in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Can Fite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Can Fite. If investors know Can will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Can Fite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.60) | Quarterly Revenue Growth (0.19) | Return On Assets (0.57) | Return On Equity (1.58) |
The market value of Can Fite Biopharma is measured differently than its book value, which is the value of Can that is recorded on the company's balance sheet. Investors also form their own opinion of Can Fite's value that differs from its market value or its book value, called intrinsic value, which is Can Fite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Can Fite's market value can be influenced by many factors that don't directly affect Can Fite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Can Fite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Can Fite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Can Fite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.