Canadian Free Cash Flow Yield from 2010 to 2024
| CSIQ Stock | USD 16.79 0.23 1.39% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter (0.49) | Current Value (0.51) | Quarterly Volatility 0.65951026 |
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as Depreciation And Amortization of 322.4 M, Interest Expense of 119.8 M or Selling General Administrative of 318.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 9.0E-4 or PTB Ratio of 0.64. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
Canadian | Free Cash Flow Yield |
Latest Canadian Solar's Free Cash Flow Yield Growth Pattern
Below is the plot of the Free Cash Flow Yield of Canadian Solar over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Canadian Solar's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Yield | 10 Years Trend |
|
Free Cash Flow Yield |
| Timeline |
Canadian Free Cash Flow Yield Regression Statistics
| Arithmetic Mean | (0.40) | |
| Geometric Mean | 0.24 | |
| Coefficient Of Variation | (166.82) | |
| Mean Deviation | 0.50 | |
| Median | (0.14) | |
| Standard Deviation | 0.66 | |
| Sample Variance | 0.43 | |
| Range | 2.2177 | |
| R-Value | 0.20 | |
| Mean Square Error | 0.45 | |
| R-Squared | 0.04 | |
| Significance | 0.48 | |
| Slope | 0.03 | |
| Total Sum of Squares | 6.09 |
Canadian Free Cash Flow Yield History
About Canadian Solar Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Canadian Solar income statement, its balance sheet, and the statement of cash flows. Canadian Solar investors use historical funamental indicators, such as Canadian Solar's Free Cash Flow Yield, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may use each financial statement separately, they are all related. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canadian Solar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian Solar. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Yield | (0.49) | (0.51) |
Canadian Solar Investors Sentiment
The influence of Canadian Solar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Solar's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Solar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Solar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Solar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Solar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Solar.
Canadian Solar Implied Volatility | 85.76 |
Canadian Solar's implied volatility exposes the market's sentiment of Canadian Solar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canadian Solar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canadian Solar stock will not fluctuate a lot when Canadian Solar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Solar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Solar's short interest history, or implied volatility extrapolated from Canadian Solar options trading.
Pair Trading with Canadian Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Solar will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
| 0.82 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
Moving against Canadian Stock
| 0.68 | GB | Global Blue Group | PairCorr |
The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Solar to buy it.
The correlation of Canadian Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Canadian Solar Correlation against competitors. To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Canadian Stock analysis
When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Solar. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Earnings Share 3.87 | Revenue Per Share 116.461 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0281 |
The market value of Canadian Solar is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Solar's value that differs from its market value or its book value, called intrinsic value, which is Canadian Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Solar's market value can be influenced by many factors that don't directly affect Canadian Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.