Canadian Utilities Limited Stock Filter Stocks by Fundamentals
Canadian Utilities Limited fundamentals help investors to digest information that contributes to Canadian Utilities' financial success or failures. It also enables traders to predict the movement of Canadian Pink Sheet. The fundamental analysis module provides a way to measure Canadian Utilities' 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 Utilities pink sheet.
Canadian |
Did you try this?
Run Equity Search Now
Equity SearchSearch for actively traded equities including funds and ETFs from over 30 global markets |
All Next | Launch Module |
Canadian Fundamentals
Return On Equity | 0.0987 | |||
Return On Asset | 0.0362 | |||
Profit Margin | 0.17 % | |||
Operating Margin | 0.31 % | |||
Current Valuation | 15.04 B | |||
Shares Outstanding | 71.89 M | |||
Shares Owned By Insiders | 97.16 % | |||
Shares Owned By Institutions | 0.01 % | |||
Price To Earning | 18.04 X | |||
Price To Book | 1.93 X | |||
Price To Sales | 2.10 X | |||
Revenue | 3.52 B | |||
Gross Profit | 2.37 B | |||
EBITDA | 1.59 B | |||
Net Income | 393 M | |||
Cash And Equivalents | 1.1 B | |||
Cash Per Share | 4.07 X | |||
Total Debt | 8.98 B | |||
Debt To Equity | 1.39 % | |||
Current Ratio | 1.42 X | |||
Book Value Per Share | 19.42 X | |||
Cash Flow From Operations | 1.72 B | |||
Earnings Per Share | 1.61 X | |||
Number Of Employees | 4.8 K | |||
Beta | 0.57 | |||
Market Capitalization | 8.35 B | |||
Total Asset | 21.07 B | |||
Annual Yield | 0.05 % | |||
Net Asset | 21.07 B | |||
Last Dividend Paid | 1.77 |
Pair Trading with Canadian Utilities
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 Utilities 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 Utilities will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Canadian Utilities 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 Utilities 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 Utilities - 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 Utilities Limited to buy it.
The correlation of Canadian Utilities 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 Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Utilities 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 Utilities 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. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Canadian Pink Sheet
If you are still planning to invest in Canadian Utilities check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canadian Utilities' history and understand the potential risks before investing.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |