Canadian Banc Corp Preferred Stock Buy Hold or Sell Recommendation
BK-PA Preferred Stock | CAD 10.12 0.04 0.40% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Canadian Banc Corp is 'Strong Sell'. Macroaxis provides Canadian Banc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BK-PA positions. The advice algorithm takes into account all of Canadian Banc's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canadian Banc's buy or sell advice are summarized below:
Real Value 8.39 | Hype Value 10.12 | Market Value 10.12 | Naive Value 10.07 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canadian Banc Corp given historical horizon and risk tolerance towards Canadian Banc. When Macroaxis issues a 'buy' or 'sell' recommendation for Canadian Banc Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Canadian |
Execute Canadian Banc Buy or Sell Advice
The Canadian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canadian Banc Corp. Macroaxis does not own or have any residual interests in Canadian Banc Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Banc's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Very Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canadian Banc Trading Alerts and Improvement Suggestions
Canadian is showing solid risk-adjusted performance over 90 days |
Canadian Banc Returns Distribution Density
The distribution of Canadian Banc's historical returns is an attempt to chart the uncertainty of Canadian Banc's future price movements. The chart of the probability distribution of Canadian Banc daily returns describes the distribution of returns around its average expected value. We use Canadian Banc Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Banc returns is essential to provide solid investment advice for Canadian Banc.
Mean Return | 0.09 | Value At Risk | -0.1 | Potential Upside | 0.41 | Standard Deviation | 0.19 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canadian Banc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Canadian Banc Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Canadian Banc or Financial sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Canadian Banc's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Canadian preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.22 |
Canadian Banc Volatility Alert
Canadian Banc Corp exhibits very low volatility with skewness of 0.33 and kurtosis of -0.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canadian Banc's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Canadian Banc's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Canadian Banc Fundamentals Vs Peers
Comparing Canadian Banc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Canadian Banc's direct or indirect competition across all of the common fundamentals between Canadian Banc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Banc or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Banc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Banc by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Canadian Banc to competition |
Fundamentals | Canadian Banc | Peer Average |
Total Asset | 238.52 M | 29.47 B |
Annual Yield | 0.04 % | |
Net Asset | 238.52 M | |
Last Dividend Paid | 0.0454 |
Canadian Banc Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Canadian Banc Buy or Sell Advice
When is the right time to buy or sell Canadian Banc Corp? Buying financial instruments such as Canadian Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Canadian Banc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Cancer Fighters
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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Check out Canadian Banc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Canadian Banc Corp information on this page should be used as a complementary analysis to other Canadian Banc'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Canadian Banc's price analysis, check to measure Canadian Banc'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 Banc is operating at the current time. Most of Canadian Banc's value examination focuses on studying past and present price action to predict the probability of Canadian Banc'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 Banc's price. Additionally, you may evaluate how the addition of Canadian Banc to your portfolios can decrease your overall portfolio volatility.
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