North American Financial Preferred Stock Performance
| FFN-PA Preferred Stock | CAD 10.81 0.03 0.28% |
North American has a performance score of 40 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0698, which conveys not very significant fluctuations relative to the market. As returns on the market increase, North American's returns are expected to increase less than the market. However, during the bear market, the loss of holding North American is expected to be smaller as well. North American Financial right now secures a risk of 0.22%. Please verify North American Financial maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to decide if North American Financial will be following its current price movements.
Risk-Adjusted Performance
40 of 100
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Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in North American Financial are ranked lower than 40 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, North American may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Dividend Yield | 0.057 |
North |
North American Relative Risk vs. Return Landscape
If you would invest 1,005 in North American Financial on September 26, 2024 and sell it today you would earn a total of 76.00 from holding North American Financial or generate 7.56% return on investment over 90 days. North American Financial is generating 0.116% of daily returns and assumes 0.2244% volatility on return distribution over the 90 days horizon. Simply put, 1% of preferred stocks are less volatile than North, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
North American Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North American's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as North American Financial, and traders can use it to determine the average amount a North American's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.517
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Estimated Market Risk
| 0.22 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.52 actual daily | 40 60% of assets perform better |
Based on monthly moving average North American is performing at about 40% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of North American by adding it to a well-diversified portfolio.
North American Fundamentals Growth
North Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of North American, and North American fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on North Preferred Stock performance.
| Total Debt | 3.91 M | ||||
| Total Asset | 726.79 M | ||||
About North American Performance
By analyzing North American's fundamental ratios, stakeholders can gain valuable insights into North American's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if North American has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if North American has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about North American Financial performance evaluation
Checking the ongoing alerts about North American for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for North American Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North is showing solid risk-adjusted performance over 90 days |
- Analyzing North American's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether North American's stock is overvalued or undervalued compared to its peers.
- Examining North American's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating North American's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North American's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North American's preferred stock. These opinions can provide insight into North American's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for North Preferred Stock analysis
When running North American's price analysis, check to measure North American'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 North American is operating at the current time. Most of North American's value examination focuses on studying past and present price action to predict the probability of North American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North American's price. Additionally, you may evaluate how the addition of North American to your portfolios can decrease your overall portfolio volatility.
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