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| ICE Stock | CAD 4.09 0.01 0.24% |
About 62% of Canlan Ice's investor base is looking to short. The analysis of overall sentiment of trading Canlan Ice Sports stock suggests that many investors are alarmed 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 |
Leons Furniture - by Tyler - Canadian Value Stocks substack.com
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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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Canlan Ice is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
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 | 1.74 | ||||
| XEG | IShares SPTSX | 1.32 | ||||
| GBT | BMTC | 1.09 | ||||
| ALA-PA | Altagas Cum | 0.15 | ||||
| RUDB | RBC Discount | 0.09 | ||||
| TWC | TWC Enterprises | 0.06 | ||||
| XHB | IShares Canadian | 0.20 | ||||
| ERE-UN | European Residential | 0.54 |
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.