Canso Credit Trust Stock Buy Hold or Sell Recommendation
| PBY-UN Stock | CAD 15.60 0.02 0.13% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Canso Credit Trust is 'Hold'. Macroaxis provides Canso Credit buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PBY-UN positions.
Check out Canso Credit 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. In addition, we conduct extensive research on individual companies such as Canso and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Canso Credit Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Canso |
Execute Canso Credit Buy or Sell Advice
The Canso recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canso Credit Trust. Macroaxis does not own or have any residual interests in Canso Credit Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canso Credit's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canso Credit Trading Alerts and Improvement Suggestions
| About 27.0% of the company outstanding shares are owned by corporate insiders | |
| On 11th of November 2024 Canso Credit paid C$ 0.0417 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Canso Credit Trust - Canso Credit Income Fund Shares Pass Below 50-Day Moving Average - Heres What Happened - MarketBeat |
Canso Credit Returns Distribution Density
The distribution of Canso Credit's historical returns is an attempt to chart the uncertainty of Canso Credit's future price movements. The chart of the probability distribution of Canso Credit daily returns describes the distribution of returns around its average expected value. We use Canso Credit Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canso Credit returns is essential to provide solid investment advice for Canso Credit.
| Mean Return | 0.05 | Value At Risk | -0.58 | Potential Upside | 0.72 | Standard Deviation | 0.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canso Credit 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.
Canso Credit Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (9.5M) | (4.0M) | 5.9M | 2.5M | (9.5M) | (9.0M) | |
| Free Cash Flow | (180.7K) | 5.7M | 4.0M | (6.7M) | 850.5K | 893.0K | |
| Change In Working Capital | (2.7M) | 336.4K | 3.7M | (10.7M) | (4.3M) | (4.0M) | |
| Other Cashflows From Financing Activities | 1.5M | 6.0M | 28.6M | 14.8M | 10.9M | 15.6M | |
| Other Non Cash Items | 9.5M | (11.2M) | (22.2M) | 6.7M | 5.7M | 6.0M | |
| Dividends Paid | 7.3M | 7.0M | 23.3M | 11.1M | 7.3M | 11.1M | |
| Total Cash From Operating Activities | (180.7K) | 5.7M | 4.0M | (6.7M) | 850.5K | 893.0K | |
| Total Cash From Financing Activities | (10.8M) | (15.6M) | (5.8M) | (5.7M) | (21.2M) | (20.1M) | |
| End Period Cash Flow | 5.3M | 1.3M | 7.2M | 9.7M | 235.2K | 223.4K | |
| Sale Purchase Of Stock | (3.5M) | (8.6M) | (584.2K) | (496.9K) | (16.2M) | (15.4M) | |
| Begin Period Cash Flow | 14.8M | 5.3M | 1.3M | 7.2M | 9.7M | 10.2M | |
| Net Income | (6.4M) | 16.2M | 22.2M | (887.8K) | 6.1M | 12.2M | |
| Change To Account Receivables | (647.7K) | 398.3K | 389.3K | (1.9M) | (6.7M) | (6.4M) |
Canso Credit 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 Canso Credit or Capital Markets 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 Canso Credit'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 Canso 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 | 0.03 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.21 |
Canso Credit Volatility Alert
Canso Credit Trust exhibits very low volatility with skewness of -1.13 and kurtosis of 4.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canso Credit'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 Canso Credit'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.Canso Credit Fundamentals Vs Peers
Comparing Canso Credit'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 Canso Credit's direct or indirect competition across all of the common fundamentals between Canso Credit and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canso Credit or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canso Credit's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canso Credit by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canso Credit to competition |
| Fundamentals | Canso Credit | Peer Average |
| Current Valuation | 168.91 M | 16.62 B |
| Shares Outstanding | 13.14 M | 571.82 M |
| Shares Owned By Insiders | 27.24 % | 10.09 % |
| Shares Owned By Institutions | 11.00 % | 39.21 % |
| Revenue | 11.81 M | 9.43 B |
| EBITDA | 6.11 M | 3.9 B |
| Net Income | 6.11 M | 570.98 M |
| Total Debt | 53.15 M | 5.32 B |
| Cash Flow From Operations | 850.5 K | 971.22 M |
| Beta | 0.19 | -0.15 |
| Market Capitalization | 225.45 M | 19.03 B |
| Total Asset | 192.07 M | 29.47 B |
| Net Asset | 192.07 M |
Canso Credit Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canso . 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 Canso Credit Buy or Sell Advice
When is the right time to buy or sell Canso Credit Trust? Buying financial instruments such as Canso 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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Other Information on Investing in Canso Stock
Canso Credit financial ratios help investors to determine whether Canso Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canso with respect to the benefits of owning Canso Credit security.