Canadian Apartment Properties Stock Buy Hold or Sell Recommendation
| CAR-UN Stock | CAD 43.00 0.04 0.09% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Canadian Apartment Properties is 'Strong Buy'. Macroaxis provides Canadian Apartment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAR-UN positions. The advice algorithm takes into account all of Canadian Apartment's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canadian Apartment's buy or sell advice are summarized below:
Real Value 44.62 | Hype Value 42.99 | Market Value 43 | Naive Value 43.37 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canadian Apartment Properties given historical horizon and risk tolerance towards Canadian Apartment. When Macroaxis issues a 'buy' or 'sell' recommendation for Canadian Apartment Properties, the advice is generated through an automated system that utilizes algorithms and statistical models.
Canadian |
Execute Canadian Apartment 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 Apartment Properties. Macroaxis does not own or have any residual interests in Canadian Apartment Properties or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Apartment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canadian Apartment Trading Alerts and Improvement Suggestions
| Canadian Apartment generated a negative expected return over the last 90 days | |
| The company has accumulated 651.37 M in total debt with debt to equity ratio (D/E) of 0.63, which is about average as compared to similar companies. Canadian Apartment has a current ratio of 0.29, 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 Canadian Apartment until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Apartment'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 Apartment 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 Apartment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.07 B. Net Loss for the year was (411.57 M) with profit before overhead, payroll, taxes, and interest of 650.41 M. | |
| Latest headline from news.google.com: Canadian Apartment Properties Real Estate Investment Trust Sees Large Growth in Short Interest - Defense World |
Canadian Apartment Returns Distribution Density
The distribution of Canadian Apartment's historical returns is an attempt to chart the uncertainty of Canadian Apartment's future price movements. The chart of the probability distribution of Canadian Apartment daily returns describes the distribution of returns around its average expected value. We use Canadian Apartment Properties price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Apartment returns is essential to provide solid investment advice for Canadian Apartment.
| Mean Return | -0.12 | Value At Risk | -2.36 | Potential Upside | 2.18 | Standard Deviation | 1.34 |
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 Apartment 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 Apartment Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Free Cash Flow | 212.3M | 236.5M | 252.0M | 261.6M | 287.6M | 302.0M | |
| Depreciation | 18.7M | 34.0M | 25.2M | 26.3M | 25.3M | 29.2M | |
| Other Non Cash Items | (794.5M) | (453.9M) | (947.0M) | 571.6M | 261.1M | 274.1M | |
| Dividends Paid | 146.5M | 180.1M | 177.8M | 219.8M | 248.9M | 261.3M | |
| Capital Expenditures | 242.4M | 244.9M | 299.4M | 336.5M | 326.6M | 271.6M | |
| Net Income | 1.2B | 925.9M | 1.4B | 13.6M | (411.6M) | (391.0M) | |
| End Period Cash Flow | 477.3M | 121.7M | 73.4M | 47.3M | 33.5M | 61.5M | |
| Change In Cash | 451.6M | (355.6M) | (48.3M) | (26.1M) | (67.8M) | (64.4M) | |
| Investments | (1.6B) | (1.0B) | (1.1B) | (503.0M) | (126.3M) | (132.6M) | |
| Net Borrowings | 553.9M | 535.5M | 852.8M | 506.8M | 582.9M | 496.8M | |
| Change To Netincome | (764.7M) | (420.9M) | (852.8M) | 554.6M | 499.2M | 524.1M |
Canadian Apartment 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 Apartment or Diversified REITs 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 Apartment's price will be affected by overall 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 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 | -0.24 | |
β | Beta against NYSE Composite | 1.34 | |
σ | Overall volatility | 1.34 | |
Ir | Information ratio | -0.16 |
Canadian Apartment Volatility Alert
Canadian Apartment Properties exhibits very low volatility with skewness of -0.07 and kurtosis of 0.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canadian Apartment's 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 Apartment's 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 Apartment Fundamentals Vs Peers
Comparing Canadian Apartment'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 Apartment's direct or indirect competition across all of the common fundamentals between Canadian Apartment and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Apartment or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Apartment's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Apartment by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canadian Apartment to competition |
| Fundamentals | Canadian Apartment | Peer Average |
| Return On Equity | -0.0474 | -0.31 |
| Return On Asset | 0.0228 | -0.14 |
| Profit Margin | (0.39) % | (1.27) % |
| Operating Margin | 0.60 % | (5.51) % |
| Current Valuation | 14.39 B | 16.62 B |
| Shares Outstanding | 167.61 M | 571.82 M |
| Shares Owned By Insiders | 0.37 % | 10.09 % |
| Shares Owned By Institutions | 42.49 % | 39.21 % |
| Number Of Shares Shorted | 577.85 K | 4.71 M |
| Price To Earning | 8.48 X | 28.72 X |
| Price To Book | 0.79 X | 9.51 X |
| Price To Sales | 6.97 X | 11.42 X |
| Revenue | 1.07 B | 9.43 B |
| Gross Profit | 650.41 M | 27.38 B |
| EBITDA | 639.8 M | 3.9 B |
| Net Income | (411.57 M) | 570.98 M |
| Cash And Equivalents | 218.2 M | 2.7 B |
| Cash Per Share | 1.28 X | 5.01 X |
| Total Debt | 651.37 M | 5.32 B |
| Debt To Equity | 0.63 % | 48.70 % |
| Current Ratio | 0.30 X | 2.16 X |
| Book Value Per Share | 54.77 X | 1.93 K |
| Cash Flow From Operations | 614.18 M | 971.22 M |
| Short Ratio | 1.37 X | 4.00 X |
| Earnings Per Share | (2.43) X | 3.12 X |
| Price To Earnings To Growth | 0.88 X | 4.89 X |
| Target Price | 57.22 | |
| Beta | 1.18 | -0.15 |
| Market Capitalization | 7.28 B | 19.03 B |
| Total Asset | 16.97 B | 29.47 B |
| Retained Earnings | 5.06 B | 9.33 B |
| Working Capital | (799 M) | 1.48 B |
| Current Asset | 59.57 M | 9.34 B |
Canadian Apartment 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 Apartment Buy or Sell Advice
When is the right time to buy or sell Canadian Apartment Properties? Buying financial instruments such as Canadian 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.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.5B | 7.0B | 8.1B | 8.5B | Total Assets | 17.7B | 17.7B | 17.0B | 17.8B |
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In addition to having Canadian Apartment 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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Check out Canadian Apartment 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. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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When running Canadian Apartment's price analysis, check to measure Canadian Apartment'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 Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment'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 Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.
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