Canadian Apartment Properties Stock Return On Equity
| CAR-UN Stock | CAD 43.00 0.04 0.09% |
Canadian Apartment Properties fundamentals help investors to digest information that contributes to Canadian Apartment's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Apartment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Apartment stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.04) | (0.04) |
Canadian | Return On Equity |
Canadian Apartment Properties Company Return On Equity Analysis
Canadian Apartment's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Canadian Apartment Return On Equity | -0.0474 |
Most of Canadian Apartment's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Apartment Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canadian Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Canadian Apartment is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Return On Equity. Since Canadian Apartment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canadian Apartment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canadian Apartment's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Canadian Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Canadian Apartment Properties has a Return On Equity of -0.0474. This is 96.51% lower than that of the Diversified REITs sector and significantly lower than that of the Real Estate industry. The return on equity for all Canada stocks is 84.71% lower than that of the firm.
Canadian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Apartment's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Apartment could also be used in its relative valuation, which is a method of valuing Canadian Apartment by comparing valuation metrics of similar companies.Canadian Apartment is currently under evaluation in return on equity category among related companies.
Canadian Fundamentals
| Return On Equity | -0.0474 | ||||
| Return On Asset | 0.0228 | ||||
| Profit Margin | (0.39) % | ||||
| Operating Margin | 0.60 % | ||||
| Current Valuation | 14.39 B | ||||
| Shares Outstanding | 167.61 M | ||||
| Shares Owned By Insiders | 0.37 % | ||||
| Shares Owned By Institutions | 42.49 % | ||||
| Number Of Shares Shorted | 577.85 K | ||||
| Price To Earning | 8.48 X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 6.97 X | ||||
| Revenue | 1.07 B | ||||
| Gross Profit | 650.41 M | ||||
| EBITDA | 639.8 M | ||||
| Net Income | (411.57 M) | ||||
| Cash And Equivalents | 218.2 M | ||||
| Cash Per Share | 1.28 X | ||||
| Total Debt | 651.37 M | ||||
| Debt To Equity | 0.63 % | ||||
| Current Ratio | 0.30 X | ||||
| Book Value Per Share | 54.77 X | ||||
| Cash Flow From Operations | 614.18 M | ||||
| Short Ratio | 1.37 X | ||||
| Earnings Per Share | (2.43) X | ||||
| Price To Earnings To Growth | 0.88 X | ||||
| Target Price | 57.22 | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 7.28 B | ||||
| Total Asset | 16.97 B | ||||
| Retained Earnings | 5.06 B | ||||
| Working Capital | (799 M) | ||||
| Current Asset | 59.57 M | ||||
| Current Liabilities | 480.45 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.33 % | ||||
| Net Asset | 16.97 B | ||||
| Last Dividend Paid | 1.45 |
About Canadian Apartment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Apartment Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Apartment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Apartment Properties based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Canadian Apartment
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 Apartment 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 Apartment will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
| 0.82 | IVN | Ivanhoe Mines Earnings Call This Week | PairCorr |
| 0.72 | SU | Suncor Energy | PairCorr |
| 0.66 | X | TMX Group Limited | PairCorr |
| 0.6 | BBD-B | Bombardier Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Canadian Apartment 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 Apartment 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 Apartment - 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 Apartment Properties to buy it.
The correlation of Canadian Apartment 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 Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Apartment 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Apartment Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Canadian Stock analysis
When running Canadian Apartment's price analysis, check to measure Canadian Apartment'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 Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment'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 Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.
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