Canadian Life Companies Stock Today

LFE Stock  CAD 4.95  0.09  1.85%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Canadian Life is selling at 4.95 as of the 28th of March 2024; that is 1.85 percent up since the beginning of the trading day. The stock's open price was 4.86. Canadian Life has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Canadian Life Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada. CANADIAN LIFE operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.. The company has 11.51 M outstanding shares of which 10.58 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Canadian Life Companies

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Moving against Canadian Stock

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Canadian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanWayne Finch
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Canadian Life's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Life's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Life's financial leverage. It provides some insight into what part of Canadian Life's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canadian Life's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canadian Life deploys its capital and how much of that capital is borrowed.
Liquidity
Canadian Life cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 142.93 M in total debt with debt to equity ratio (D/E) of 281.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Canadian Life Companies has a current ratio of 1.32, which is within standard range for the sector. Debt can assist Canadian Life until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Life'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 Canadian Life Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Life's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(9.86 Million)
Canadian Life Companies (LFE) is traded on Toronto Exchange in Canada and employs 7 people. Canadian Life is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 55.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Life's market, we take the total number of its shares issued and multiply it by Canadian Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Life Companies operates under Capital Markets sector and is part of Financials industry. The entity has 11.51 M outstanding shares of which 10.58 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. Canadian Life Companies has accumulated about 193.17 M in cash with 10.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canadian Life Probability Of Bankruptcy
Ownership Allocation
Canadian Life Companies retains a total of 11.51 Million outstanding shares. Canadian Life Companies shows 9.77 percent of its outstanding shares held by insiders and 9.86 percent owned by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Canadian Ownership Details

Canadian Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Canadian Life jumping above the current price in 90 days from now is about 7.77%. The Canadian Life Companies probability density function shows the probability of Canadian Life stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Canadian Life Companies has a beta of -0.1748. This indicates as returns on benchmark increase, returns on holding Canadian Life are expected to decrease at a much lower rate. During the bear market, however, Canadian Life Companies is likely to outperform the market. Additionally, canadian Life Companies has an alpha of 0.3354, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 4.95HorizonTargetOdds Above 4.95
92.17%90 days
 4.95 
7.77%
Based on a normal probability distribution, the odds of Canadian Life to move above the current price in 90 days from now is about 7.77 (This Canadian Life Companies probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .

Canadian Life Companies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Life market risk premium is the additional return an investor will receive from holding Canadian Life long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canadian Life. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Canadian Life's alpha and beta are two of the key measurements used to evaluate Canadian Life's performance over the market, the standard measures of volatility play an important role as well.

Canadian Stock Against Markets

Picking the right benchmark for Canadian Life stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Life stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Life is critical whether you are bullish or bearish towards Canadian Life Companies at a given time. Please also check how Canadian Life's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian Life Corporate Directors

Canadian Life corporate directors refer to members of a Canadian Life board of directors. The board of directors generally takes responsibility for the Canadian Life's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Life's board members must vote for the resolution. The Canadian Life board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael SharpDirectorProfile
John SteepDirectorProfile
William ThornhillDirectorProfile
Laura JohnsonSecretary, Managing Director of Quadravest - Investment Manager, Portfolio Manager of Quadravest - Investment Manager and DirectorProfile

How to buy Canadian Stock?

Before investing in Canadian Life, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Life. To buy Canadian Life stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Life. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Life stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Life Companies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canadian Life Companies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Life Companies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Canadian Life Companies?

The danger of trading Canadian Life Companies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Life Companies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canadian Life Companies. 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.
Note that the Canadian Life Companies information on this page should be used as a complementary analysis to other Canadian Life'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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Canadian Stock analysis

When running Canadian Life's price analysis, check to measure Canadian Life'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 Life is operating at the current time. Most of Canadian Life's value examination focuses on studying past and present price action to predict the probability of Canadian Life'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 Life's price. Additionally, you may evaluate how the addition of Canadian Life to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.