Canalaska Uranium Stock Performance
| CVVUF Stock | USD 0.55 0.02 3.77% |
On a scale of 0 to 100, CanAlaska Uranium holds a performance score of 5. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CanAlaska Uranium are expected to decrease at a much lower rate. During the bear market, CanAlaska Uranium is likely to outperform the market. Please check CanAlaska Uranium's treynor ratio and the relationship between the semi variance and price action indicator , to make a quick decision on whether CanAlaska Uranium's price patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in CanAlaska Uranium are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, CanAlaska Uranium reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7 M | |
| Total Cashflows From Investing Activities | -127 K |
CanAlaska |
CanAlaska Uranium Relative Risk vs. Return Landscape
If you would invest 49.00 in CanAlaska Uranium on September 5, 2024 and sell it today you would earn a total of 6.00 from holding CanAlaska Uranium or generate 12.24% return on investment over 90 days. CanAlaska Uranium is currently producing 0.2435% returns and takes up 3.5272% volatility of returns over 90 trading days. Put another way, 31% of traded otc stocks are less volatile than CanAlaska, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CanAlaska Uranium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CanAlaska Uranium's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as CanAlaska Uranium, and traders can use it to determine the average amount a CanAlaska Uranium'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 = 0.069
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average CanAlaska Uranium is performing at about 5% 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 CanAlaska Uranium by adding it to a well-diversified portfolio.
CanAlaska Uranium Fundamentals Growth
CanAlaska OTC Stock prices reflect investors' perceptions of the future prospects and financial health of CanAlaska Uranium, and CanAlaska Uranium 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 CanAlaska OTC Stock performance.
| Return On Equity | -0.35 | |||
| Return On Asset | -0.28 | |||
| Current Valuation | 25.32 M | |||
| Shares Outstanding | 122.52 M | |||
| Price To Earning | (4.14) X | |||
| Price To Book | 3.96 X | |||
| EBITDA | (6.05 M) | |||
| Cash And Equivalents | 12.41 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 290 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.15 X | |||
| Cash Flow From Operations | (5.86 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 16.19 M | |||
| Retained Earnings | (63.4 M) | |||
| Current Asset | 2.19 M | |||
| Current Liabilities | 168 K | |||
About CanAlaska Uranium Performance
By analyzing CanAlaska Uranium's fundamental ratios, stakeholders can gain valuable insights into CanAlaska Uranium's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CanAlaska Uranium 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 CanAlaska Uranium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. CanAlaska Uranium Ltd. was incorporated in 1985 and is headquartered in Vancouver, Canada. Canalaska Uranium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about CanAlaska Uranium performance evaluation
Checking the ongoing alerts about CanAlaska Uranium for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for CanAlaska Uranium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CanAlaska Uranium has some characteristics of a very speculative penny stock | |
| CanAlaska Uranium had very high historical volatility over the last 90 days | |
| Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CanAlaska Uranium has accumulated about 12.41 M in cash with (5.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. |
- Analyzing CanAlaska Uranium'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 CanAlaska Uranium's stock is overvalued or undervalued compared to its peers.
- Examining CanAlaska Uranium'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 CanAlaska Uranium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CanAlaska Uranium's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of CanAlaska Uranium's otc stock. These opinions can provide insight into CanAlaska Uranium's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CanAlaska OTC Stock analysis
When running CanAlaska Uranium's price analysis, check to measure CanAlaska Uranium'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 CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to predict the probability of CanAlaska Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAlaska Uranium's price. Additionally, you may evaluate how the addition of CanAlaska Uranium to your portfolios can decrease your overall portfolio volatility.
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