Canlan Ice Sports Shares Cross Below Two Hundred Day Moving Average of 4.07 - MarketBeat
| ICE Stock | CAD 4.10 0.02 0.49% |
About 53% of Canlan Ice's investor base is interested to short. The analysis of overall sentiment of trading Canlan Ice Sports stock suggests that many investors are impartial at this time. Canlan Ice's investing sentiment overview a quick insight into current market opportunities from investing in Canlan Ice Sports. Many technical investors use Canlan Ice Sports stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Canlan |
Canlan Ice Sports Shares Cross Below Two Hundred Day Moving Average of 4.07 MarketBeat
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Canlan Ice Fundamental Analysis
We analyze Canlan Ice's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canlan Ice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canlan Ice based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Canlan Ice is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Canlan Ice Sports Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canlan Ice stock to make a market-neutral strategy. Peer analysis of Canlan Ice could also be used in its relative valuation, which is a method of valuing Canlan Ice by comparing valuation metrics with similar companies.
Peers
Canlan Ice Related Equities
| FAR | Foraco International | 9.86 | ||||
| CWL | Caldwell Partners | 1.90 | ||||
| MPC | Madison Pacific | 1.89 | ||||
| TWC | TWC Enterprises | 0.05 | ||||
| GBT | BMTC | 0.23 |
Other Information on Investing in Canlan Stock
Canlan Ice financial ratios help investors to determine whether Canlan 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 Canlan with respect to the benefits of owning Canlan Ice security.