Canadian Banc Corp Preferred Stock Today

BK-PA Preferred Stock  CAD 10.12  0.02  0.20%   

Performance

35 of 100

 
Low
 
High
Very Strong

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Canadian Banc is selling for under 10.12 as of the 29th of March 2024; that is -0.2 percent decrease since the beginning of the trading day. The preferred stock's last reported lowest price was 10.03. Canadian Banc has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Canadian Banc Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.

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Follow Valuation Odds of Bankruptcy
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Canadian Preferred 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 Banc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Banc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationCapital Markets, Financial (View all Sectors)
Canadian Banc Corp (BK-PA) is traded on Toronto Exchange in Canada . The company operates under Financial sector and is part of Capital Markets industry. Canadian Banc Corp has 0 outstanding shares.
Check Canadian Banc Probability Of Bankruptcy

Canadian Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Canadian Banc jumping above the current price in 90 days from now is nearly 4.25%. The Canadian Banc Corp probability density function shows the probability of Canadian Banc preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Canadian Banc has a beta of 0.046 suggesting as returns on the market go up, Canadian Banc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Canadian Banc Corp will be expected to be much smaller as well. Additionally, canadian Banc Corp has an alpha of 0.0755, implying that it can generate a 0.0755 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.12HorizonTargetOdds Above 10.12
95.61%90 days
 10.12 
4.25%
Based on a normal probability distribution, the odds of Canadian Banc to move above the current price in 90 days from now is nearly 4.25 (This Canadian Banc Corp probability density function shows the probability of Canadian Preferred Stock to fall within a particular range of prices over 90 days) .

Canadian Banc Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Banc market risk premium is the additional return an investor will receive from holding Canadian Banc 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 Banc. 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 Banc's alpha and beta are two of the key measurements used to evaluate Canadian Banc'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 Banc preferred 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 Banc preferred 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 Banc is critical whether you are bullish or bearish towards Canadian Banc Corp at a given time. Please also check how Canadian Banc'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 Banc 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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How to buy Canadian Preferred Stock?

Before investing in Canadian Banc, 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 Banc. To buy Canadian Banc preferred stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Banc. 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 Banc preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Banc Corp preferred 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 Banc Corp preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Canadian Banc Corp, 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 preferred 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 Banc Corp?

The danger of trading Canadian Banc Corp 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 Banc 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 Banc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Banc Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Banc Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Canadian Preferred Stock analysis

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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Please note, there is a significant difference between Canadian Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Banc'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.