Canandaigua National Stock Market Capitalization
| CNND Stock | USD 212.00 0.00 0.00% |
Canandaigua National fundamentals help investors to digest information that contributes to Canandaigua National's financial success or failures. It also enables traders to predict the movement of Canandaigua Pink Sheet. The fundamental analysis module provides a way to measure Canandaigua National'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 Canandaigua National pink sheet.
Canandaigua |
Canandaigua National Company Market Capitalization Analysis
Canandaigua National's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Canandaigua National Market Capitalization | 486.49 M |
Most of Canandaigua National's fundamental indicators, such as Market Capitalization, 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, Canandaigua National is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Canandaigua National is about 486.49 M. This is 97.71% lower than that of the Banks sector and significantly higher than that of the Financials industry. The market capitalization for all United States stocks is 97.44% higher than that of the company.
Canandaigua Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canandaigua National's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Canandaigua National could also be used in its relative valuation, which is a method of valuing Canandaigua National by comparing valuation metrics of similar companies.Canandaigua National is currently under evaluation in market capitalization category among related companies.
Canandaigua Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0102 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 641.41 M | |||
| Shares Outstanding | 1.87 M | |||
| Shares Owned By Institutions | 0.35 % | |||
| Price To Earning | 11.86 X | |||
| Price To Book | 1.60 X | |||
| Price To Sales | 2.85 X | |||
| Revenue | 183.7 M | |||
| Gross Profit | 176.33 M | |||
| Net Income | 44.74 M | |||
| Cash And Equivalents | 65.41 M | |||
| Cash Per Share | 34.87 X | |||
| Total Debt | 411.55 M | |||
| Book Value Per Share | 167.90 X | |||
| Cash Flow From Operations | 76.01 M | |||
| Earnings Per Share | 23.77 X | |||
| Number Of Employees | 589 | |||
| Beta | 0.0924 | |||
| Market Capitalization | 486.49 M | |||
| Total Asset | 1.95 B | |||
| Retained Earnings | 141.92 M | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.14 % | |||
| Last Dividend Paid | 8.2 |
About Canandaigua National Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canandaigua National's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canandaigua National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canandaigua National 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 Canandaigua National
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 Canandaigua National 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 Canandaigua National will appreciate offsetting losses from the drop in the long position's value.Moving together with Canandaigua Pink Sheet
| 0.75 | TKURF | Tokyu REIT | PairCorr |
Moving against Canandaigua Pink Sheet
| 0.91 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.9 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
| 0.88 | PKX | POSCO Holdings | PairCorr |
| 0.84 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
| 0.71 | SKM | SK Telecom Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Canandaigua National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canandaigua National 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 Canandaigua National - 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 Canandaigua National to buy it.
The correlation of Canandaigua National 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 Canandaigua National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canandaigua National 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 Canandaigua National 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 Canandaigua National. 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. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Canandaigua Pink Sheet analysis
When running Canandaigua National's price analysis, check to measure Canandaigua National'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 Canandaigua National is operating at the current time. Most of Canandaigua National's value examination focuses on studying past and present price action to predict the probability of Canandaigua National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canandaigua National's price. Additionally, you may evaluate how the addition of Canandaigua National to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |