Canlan Ice Sports Performance
| CNLFFDelisted Stock | USD 2.97 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.0631, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Canlan Ice are expected to decrease at a much lower rate. During the bear market, Canlan Ice is likely to outperform the market. Canlan Ice Sports right now shows a risk of 0.0%. Please confirm Canlan Ice Sports variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Canlan Ice Sports will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Canlan Ice Sports has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Canlan Ice is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 7.5 M | |
| Total Cashflows From Investing Activities | 6.6 M |
Canlan |
Canlan Ice Relative Risk vs. Return Landscape
If you would invest 0.00 in Canlan Ice Sports on January 20, 2024 and sell it today you would earn a total of 0.00 from holding Canlan Ice Sports or generate 0.0% return on investment over 90 days. Canlan Ice Sports is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Canlan, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Canlan Ice Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canlan Ice's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canlan Ice Sports, and traders can use it to determine the average amount a Canlan Ice'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 = 0.0
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Based on monthly moving average Canlan Ice is not performing at its full potential. However, 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 Canlan Ice by adding Canlan Ice to a well-diversified portfolio.
Canlan Ice Fundamentals Growth
Canlan Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canlan Ice, and Canlan Ice 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 Canlan Pink Sheet performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0096 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 64.71 M | |||
| Shares Outstanding | 13.34 M | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 40.39 M | |||
| EBITDA | 7.88 M | |||
| Cash And Equivalents | 4.59 M | |||
| Cash Per Share | 0.34 X | |||
| Total Debt | 39.36 M | |||
| Debt To Equity | 1.68 % | |||
| Book Value Per Share | 3.37 X | |||
| Cash Flow From Operations | 12.14 M | |||
| Earnings Per Share | 0.18 X | |||
| Total Asset | 116.61 M | |||
About Canlan Ice Performance
To evaluate Canlan Ice Sports 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 Canlan Ice 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 Canlan 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 Canlan Ice Sports market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Canlan'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.Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of multi-purpose recreation and entertainment facilities in North America. Canlan Ice Sports Corp. is a subsidiary of Bartrac Investments Ltd. Canlan ICE is traded on OTC Exchange in the United States.Things to note about Canlan Ice Sports performance evaluation
Checking the ongoing alerts about Canlan Ice for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canlan Ice Sports help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canlan Ice Sports is not yet fully synchronised with the market data | |
| Canlan Ice Sports has a very high chance of going through financial distress in the upcoming years | |
| The company has accumulated 39.36 M in total debt with debt to equity ratio (D/E) of 1.68, which is about average as compared to similar companies. Canlan Ice Sports has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canlan Ice until it has trouble settling it off, either with new capital or with free cash flow. So, Canlan Ice's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canlan Ice Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canlan to invest in growth at high rates of return. When we think about Canlan Ice's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 40.39 M. Net Loss for the year was (1.09 M) with profit before overhead, payroll, taxes, and interest of 32.25 M. | |
| About 93.0% of Canlan Ice shares are held by company insiders |
- Analyzing Canlan Ice'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 Canlan Ice's stock is overvalued or undervalued compared to its peers.
- Examining Canlan Ice'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 Canlan Ice's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canlan Ice's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canlan Ice's pink sheet. These opinions can provide insight into Canlan Ice'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. 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 Canlan Ice Sports information on this page should be used as a complementary analysis to other Canlan Ice'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Canlan Pink Sheet
If you are still planning to invest in Canlan Ice Sports 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 Canlan Ice's history and understand the potential risks before investing.
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