Canadian Pacific Railway Stock Today
| CP Stock | CAD 119.77 1.36 1.15% |
Performance16 of 100
| Odds Of DistressLess than 3
|
Canadian Pacific is selling at 119.77 as of the 23rd of April 2024; that is 1.15 percent increase since the beginning of the trading day. The stock's open price was 118.41. Canadian Pacific has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Canadian Pacific Railway are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Transportation | Category Industrials |
Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. Canadian Pacific Railway Limited was founded in 1881 and is headquartered in Calgary, Canada. CANADIAN PACIFIC operates under Railroads classification in Canada and is traded on Toronto Stock Exchange. The company has 932.55 M outstanding shares of which 5.14 M shares are currently shorted by private and institutional investors with about 3.89 days to cover all short positions. More on Canadian Pacific Railway
Moving together with Canadian Stock
| 0.74 | ME | Moneta Gold Split | PairCorr |
Moving against Canadian Stock
| 0.64 | FSY | Forsys Metals Corp | PairCorr |
Canadian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Pacific's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Pacific's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO, Director | Hunter Harrison | ||||
| Business Concentration | Ground Transportation, Transportation, Industrials, Industrials, Ground Transportation, Railroads, Industrials (View all Sectors) | ||||
Canadian Pacific's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Pacific's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Pacific's financial leverage. It provides some insight into what part of Canadian Pacific's total assets is financed by creditors.
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Canadian Pacific Railway (CP) is traded on Toronto Exchange in Canada and employs 19,927 people. Canadian Pacific is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 110.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Pacific's market, we take the total number of its shares issued and multiply it by Canadian Pacific'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. Canadian Pacific Railway classifies itself under Ground Transportation sector and is part of Industrials industry. The entity has 932.55 M outstanding shares of which 5.14 M shares are currently shorted by private and institutional investors with about 3.89 days to cover all short positions.
Canadian Pacific Railway has accumulated about 451 M in cash with 4.52 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
Check Canadian Pacific Probability Of Bankruptcy
Ownership AllocationCanadian Pacific Railway retains a total of 932.55 Million outstanding shares. The majority of Canadian Pacific Railway outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Canadian Pacific Railway to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Canadian Pacific. Please pay attention to any change in the institutional holdings of Canadian Pacific Railway as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Canadian Ownership Details
Canadian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Canadian Pacific jumping above the current price in 90 days from now is about 21.12%. The Canadian Pacific Railway probability density function shows the probability of Canadian Pacific stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canadian Pacific has a beta of 0.8804 suggesting Canadian Pacific Railway market returns are highly reactive to returns on the market. As the market goes up or down, Canadian Pacific is expected to follow. Additionally, canadian Pacific Railway has an alpha of 0.121, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canadian Pacific to move above the current price in 90 days from now is about 21.12 (This Canadian Pacific Railway probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .
Canadian Pacific Railway Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Pacific market risk premium is the additional return an investor will receive from holding Canadian Pacific 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 Canadian Pacific. 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 Canadian Pacific's alpha and beta are two of the key measurements used to evaluate Canadian Pacific's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7497 | |||
| Semi Deviation | 0.6442 | |||
| Standard Deviation | 0.9772 | |||
| Variance | 0.9548 |
Canadian Stock Against Markets
Picking the right benchmark for Canadian Pacific stock 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 Canadian Pacific stock 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 Canadian Pacific is critical whether you are bullish or bearish towards Canadian Pacific Railway at a given time. Please also check how Canadian Pacific'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 Canadian Pacific 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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Canadian Pacific Corporate Directors
Canadian Pacific corporate directors refer to members of a Canadian Pacific board of directors. The board of directors generally takes responsibility for the Canadian Pacific'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 Canadian Pacific's board members must vote for the resolution. The Canadian Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Reardon | Independent Director | Profile | |
| Gillian Denham | Independent Director | Profile | |
| Jill Denham | Director | Profile | |
| Jane Peverett | Independent Director | Profile |
How to buy Canadian Stock?
Before investing in Canadian Pacific, 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 Canadian Pacific. To buy Canadian Pacific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Pacific. 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 Canadian Pacific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canadian Pacific Railway 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 Canadian Pacific Railway 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 Canadian Pacific Railway, 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. For more information on how to buy Canadian Stock please use our How to Invest in Canadian Pacific guide.
Already Invested in Canadian Pacific Railway?
The danger of trading Canadian Pacific Railway 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 Canadian Pacific 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 Canadian Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Pacific Railway 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.
When determining whether Canadian Pacific Railway is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Pacific Railway Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Pacific Railway Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Canadian Stock analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific'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 Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific'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 Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.
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