Canon Inc Stock Performance
CAJFF Stock | USD 27.93 1.14 3.92% |
Canon has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canon is expected to be smaller as well. Canon Inc right now shows a risk of 1.64%. Please confirm Canon Inc total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Canon Inc will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Canon Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain technical and fundamental indicators, Canon may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Begin Period Cash Flow | 401.4 B |
Canon |
Canon Relative Risk vs. Return Landscape
If you would invest 2,549 in Canon Inc on January 26, 2024 and sell it today you would earn a total of 244.00 from holding Canon Inc or generate 9.57% return on investment over 90 days. Canon Inc is currently producing 0.1607% returns and takes up 1.6446% volatility of returns over 90 trading days. Put another way, 14% of traded pink sheets are less volatile than Canon, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Canon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canon's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canon Inc, and traders can use it to determine the average amount a Canon's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0977
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Estimated Market Risk
1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Canon is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canon by adding it to a well-diversified portfolio.
Canon Fundamentals Growth
Canon Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canon, and Canon fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canon Pink Sheet performance.
Return On Equity | 0.0807 | |||
Return On Asset | 0.0449 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.09 % | |||
Current Valuation | 23.16 B | |||
Shares Outstanding | 1.02 B | |||
Price To Earning | 24.41 X | |||
Price To Book | 1.00 X | |||
Price To Sales | 0.01 X | |||
Revenue | 4.03 T | |||
EBITDA | 579.98 B | |||
Cash And Equivalents | 477.51 B | |||
Cash Per Share | 466.77 X | |||
Total Debt | 2.42 B | |||
Debt To Equity | 0.16 % | |||
Book Value Per Share | 3,021 X | |||
Cash Flow From Operations | 262.6 B | |||
Earnings Per Share | 1.80 X | |||
Total Asset | 5.1 T | |||
Retained Earnings | 3.37 T | |||
Current Asset | 1.71 T | |||
Current Liabilities | 1.36 T | |||
About Canon Performance
To evaluate Canon Inc Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Canon generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Canon Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Canon Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Canon's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices , plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan. Canon Inc operates under Computer Hardware classification in the United States and is traded on OTC Exchange. It employs 184034 people.Things to note about Canon Inc performance evaluation
Checking the ongoing alerts about Canon for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canon Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Canon's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Canon's pink sheet performance include:- Analyzing Canon's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canon's stock is overvalued or undervalued compared to its peers.
- Examining Canon's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canon's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canon's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canon's pink sheet. These opinions can provide insight into Canon's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canon Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Canon Inc information on this page should be used as a complementary analysis to other Canon'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Canon Pink Sheet analysis
When running Canon's price analysis, check to measure Canon'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 Canon is operating at the current time. Most of Canon's value examination focuses on studying past and present price action to predict the probability of Canon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canon's price. Additionally, you may evaluate how the addition of Canon to your portfolios can decrease your overall portfolio volatility.
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