Sleep Country Canada Stock Today
| ZZZ Stock | CAD 27.82 0.37 1.35% |
Performance11 of 100
| Odds Of DistressLess than 23
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Sleep Country is selling at 27.82 as of the 18th of April 2024; that is 1.35 percent up since the beginning of the trading day. The stock's open price was 27.45. Sleep Country has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Sleep Country Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | Category Consumer Cyclical | Classification Consumer Discretionary |
Sleep Country Canada Holdings Inc., together with its subsidiaries, engages in retailing mattress and bedding related products in Canada. The company was founded in 1994 and is headquartered in Brampton, Canada. SLEEP COUNTRY operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. The company has 33.53 M outstanding shares of which 339.59 K shares are at this time shorted by private and institutional investors with about 3.72 days to cover all short positions. More on Sleep Country Canada
Moving together with Sleep Stock
| 0.89 | JPM | JPMorgan Chase | PairCorr |
| 0.84 | BOFA | Bank of America | PairCorr |
| 0.69 | RY-PM | Royal Bank | PairCorr |
| 0.72 | RY-PS | Royal Bank | PairCorr |
| 0.61 | RY-PO | Royal Bank | PairCorr |
| 0.64 | RY-PH | Royal Bank | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Sleep 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. Sleep Country's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sleep Country or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | David Friesema | ||||
| Business Concentration | Other Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors) | ||||
Sleep Country's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sleep Country'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 Sleep Country's financial leverage. It provides some insight into what part of Sleep Country's total assets is financed by creditors.
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Sleep Country Canada (ZZZ) is traded on Toronto Exchange in Canada and employs 1,696 people. Sleep Country is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 932.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sleep Country's market, we take the total number of its shares issued and multiply it by Sleep Country'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. Sleep Country Canada operates under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 33.53 M outstanding shares of which 339.59 K shares are at this time shorted by private and institutional investors with about 3.72 days to cover all short positions.
Sleep Country Canada has accumulated about 99.84 M in cash with 153.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.72.
Check Sleep Country Probability Of Bankruptcy
Ownership AllocationSleep Country maintains a total of 33.53 Million outstanding shares. Over half of Sleep Country's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Sleep Country Canada. Please watch out for any change in the institutional holdings of Sleep Country as this could mean 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 Sleep Ownership Details
Sleep Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Sleep Country jumping above the current price in 90 days from now is about 48.47%. The Sleep Country Canada probability density function shows the probability of Sleep Country stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sleep Country has a beta of 0.7495. This usually means as returns on the market go up, Sleep Country average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sleep Country Canada will be expected to be much smaller as well. Additionally, sleep Country Canada has an alpha of 0.1206, 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 Sleep Country to move above the current price in 90 days from now is about 48.47 (This Sleep Country Canada probability density function shows the probability of Sleep Stock to fall within a particular range of prices over 90 days) .
Sleep Country Canada Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sleep Country market risk premium is the additional return an investor will receive from holding Sleep Country 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 Sleep Country. 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 Sleep Country's alpha and beta are two of the key measurements used to evaluate Sleep Country's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9497 | |||
| Semi Deviation | 0.9037 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 |
Sleep Stock Against Markets
Picking the right benchmark for Sleep Country 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 Sleep Country 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 Sleep Country is critical whether you are bullish or bearish towards Sleep Country Canada at a given time. Please also check how Sleep Country's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Sleep Country 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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Sleep Country Corporate Directors
Sleep Country corporate directors refer to members of a Sleep Country board of directors. The board of directors generally takes responsibility for the Sleep Country'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 Sleep Country's board members must vote for the resolution. The Sleep Country board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Shaw | Lead Independent Director | Profile | |
| Zabeen Hirji | Independent Director | Profile | |
| Douglas Bradley | Independent Director | Profile | |
| Stephen Dent | Director | Profile |
How to buy Sleep Stock?
Before investing in Sleep Country, 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 Sleep Country. To buy Sleep Country stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sleep Country. 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 Sleep Country stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sleep Country Canada 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 Sleep Country Canada 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 Sleep Country Canada, 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 Sleep Country Canada?
The danger of trading Sleep Country Canada 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 Sleep Country 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 Sleep Country. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sleep Country Canada 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Sleep Country Canada. 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 Sleep Country Canada information on this page should be used as a complementary analysis to other Sleep Country'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Sleep Stock analysis
When running Sleep Country's price analysis, check to measure Sleep Country'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 Sleep Country is operating at the current time. Most of Sleep Country's value examination focuses on studying past and present price action to predict the probability of Sleep Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Country's price. Additionally, you may evaluate how the addition of Sleep Country to your portfolios can decrease your overall portfolio volatility.
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