Canon Inc Stock Today
| CAJFF Stock | USD 29.07 0.34 1.18% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Canon is trading at 29.07 as of the 22nd of April 2024. This is a 1.18 percent increase since the beginning of the trading day. The stock's lowest day price was 29.07. Canon has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Canon Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices , plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan. The company has 1.02 B outstanding shares. More on Canon Inc
Moving together with Canon Pink Sheet
| 0.75 | DELL | Dell Technologies Financial Report 6th of June 2024 | PairCorr |
| 0.85 | SMCI | Super Micro Computer Earnings Call Next Week | PairCorr |
Moving against Canon Pink Sheet
| 0.41 | CAJ | Canon Inc ADR | PairCorr |
Follow Valuation Odds of Bankruptcy
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Canon Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Noriko Gunji |
| Business Concentration | Computer Hardware, Technology, Computing (View all Sectors) |
Canon Inc [CAJFF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Large-Cap' category with a current market capitalization of 22.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canon's market, we take the total number of its shares issued and multiply it by Canon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canon Inc classifies itself under Technology sector and is part of Computer Hardware industry. The entity has 1.02 B outstanding shares.
Canon Inc has accumulated about 477.51 B in cash with 262.6 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 466.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canon Probability Of Bankruptcy
Ownership AllocationCanon holds a total of 1.02 Billion outstanding shares. Almost 69.0 percent of Canon outstanding shares are held by general public with 1.92 (percent) owned by insiders and only 29.46 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canon Ownership Details
Canon Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Canon jumping above the current price in 90 days from now is about 29.44%. The Canon Inc probability density function shows the probability of Canon pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canon Inc has a beta of -0.3674 suggesting as returns on the benchmark increase, returns on holding Canon are expected to decrease at a much lower rate. During a bear market, however, Canon Inc is likely to outperform the market. Additionally, canon Inc has an alpha of 0.2281, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canon to move above the current price in 90 days from now is about 29.44 (This Canon Inc probability density function shows the probability of Canon Pink Sheet to fall within a particular range of prices over 90 days) .
Canon Inc Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canon market risk premium is the additional return an investor will receive from holding Canon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Canon's alpha and beta are two of the key measurements used to evaluate Canon's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8523 | |||
| Semi Deviation | 0.7974 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.28 |
Canon Stock Against Markets
Picking the right benchmark for Canon pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canon pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canon is critical whether you are bullish or bearish towards Canon Inc at a given time. Please also check how Canon's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Canon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Canon Corporate Directors
Canon corporate directors refer to members of a Canon board of directors. The board of directors generally takes responsibility for the Canon's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canon's board members must vote for the resolution. The Canon board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Masanori Yamada | Chief Director of NVS Business Promotion, Director | Profile | |
| Hideshi Koyamauchi | Executive Officer, Deputy Chief Director of Production Technology | Profile | |
| Kazuhiko Noguchi | Executive Officer, Chief Director of External Affairs | Profile | |
| Katsumi Iijima | Executive Officer, Chief Director of Information & Communication System | Profile |
How to buy Canon Pink Sheet?
Before investing in Canon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canon. To buy Canon stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Canon stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canon Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Canon Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canon Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Canon Inc?
The danger of trading Canon Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canon Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canon Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Canon Inc information on this page should be used as a complementary analysis to other Canon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Canon Pink Sheet analysis
When running Canon's price analysis, check to measure Canon'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 Canon is operating at the current time. Most of Canon's value examination focuses on studying past and present price action to predict the probability of Canon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canon's price. Additionally, you may evaluate how the addition of Canon to your portfolios can decrease your overall portfolio volatility.
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