Canadian Western Bank Stock Today
| CWB Stock | CAD 27.05 0.29 1.08% |
Performance0 of 100
| Odds Of DistressLess than 5
|
Canadian Western is selling at 27.05 as of the 24th of April 2024; that is 1.08 percent up since the beginning of the trading day. The stock's open price was 26.76. Canadian Western has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Canadian Western Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Banks | Category Financial Services | Classification Financials |
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company was founded in 1984 and is headquartered in Edmonton, Canada. CDN WESTERN operates under BanksRegional classification in Canada and is traded on Toronto Stock Exchange. The company has 96.54 M outstanding shares of which 864.5 K shares are currently shorted by private and institutional investors with about 2.59 days to cover all short positions. More on Canadian Western Bank
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Follow Valuation Profit Patterns Odds of Bankruptcy
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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 Western's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Western or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Brian Young | ||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | ||||
Canadian Western's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Western'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 Western's financial leverage. It provides some insight into what part of Canadian Western's total assets is financed by creditors.
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Canadian Western Bank (CWB) is traded on Toronto Exchange in Canada and employs 2,454 people. Canadian Western is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Western's market, we take the total number of its shares issued and multiply it by Canadian Western'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 Western Bank operates under Banks sector and is part of Financials industry. The entity has 96.54 M outstanding shares of which 864.5 K shares are currently shorted by private and institutional investors with about 2.59 days to cover all short positions.
Canadian Western Bank has accumulated about 2.97 B in cash with (541.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canadian Western Probability Of Bankruptcy
Ownership AllocationCanadian Western holds a total of 96.54 Million outstanding shares. 30% of Canadian Western Bank outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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.
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Canadian Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Canadian Western jumping above the current price in 90 days from now is about 89.39%. The Canadian Western Bank probability density function shows the probability of Canadian Western stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Canadian Western has a beta of 0.9151 suggesting Canadian Western Bank market returns are highly reactive to returns on the market. As the market goes up or down, Canadian Western is expected to follow. Additionally, canadian Western Bank has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Canadian Western to move above the current price in 90 days from now is about 89.39 (This Canadian Western Bank probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .
Canadian Western Bank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Western market risk premium is the additional return an investor will receive from holding Canadian Western 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 Western. 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 Western's alpha and beta are two of the key measurements used to evaluate Canadian Western's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8187 | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.29 | |||
| Risk Adjusted Performance | (0.07) |
Canadian Stock Against Markets
Picking the right benchmark for Canadian Western 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 Western 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 Western is critical whether you are bullish or bearish towards Canadian Western Bank at a given time. Please also check how Canadian Western'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 Western 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 Western Corporate Directors
Canadian Western corporate directors refer to members of a Canadian Western board of directors. The board of directors generally takes responsibility for the Canadian Western'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 Western's board members must vote for the resolution. The Canadian Western board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sanford Riley | Independent Director | Profile | |
| Robert Manning | Independent Director | Profile | |
| Linda Hohol | Independent Director | Profile | |
| Raymond Protti | Independent Director | Profile |
How to buy Canadian Stock?
Before investing in Canadian Western, 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 Western. To buy Canadian Western stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Western. 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 Western stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canadian Western Bank 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 Western Bank 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 Western Bank, 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 Canadian Western Bank?
The danger of trading Canadian Western Bank 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 Western 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 Western. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Western Bank 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 Canadian Western Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Canadian Western Bank information on this page should be used as a complementary analysis to other Canadian Western'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Canadian Stock analysis
When running Canadian Western's price analysis, check to measure Canadian Western'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 Western is operating at the current time. Most of Canadian Western's value examination focuses on studying past and present price action to predict the probability of Canadian Western'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 Western's price. Additionally, you may evaluate how the addition of Canadian Western to your portfolios can decrease your overall portfolio volatility.
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