Extendicare Stock Today
EXE Stock | CAD 7.30 0.01 0.14% |
Performance3 of 100
| Odds Of DistressLess than 5
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Extendicare is selling at 7.30 as of the 29th of April 2024; that is 0.14% increase since the beginning of the trading day. The stock's open price was 7.29. Extendicare has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Extendicare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2023 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Extendicare Inc. provides care and services for seniors in Canada. Extendicare Inc. was founded in 1968 and is based in Markham, Canada. EXTENDICARE INC operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. The company has 83.38 M outstanding shares of which 1.54 M shares are currently shorted by private and institutional investors with about 10.21 days to cover all short positions. More on Extendicare
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Extendicare 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. Extendicare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Extendicare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO | MBA MD | ||||
Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | ||||
Extendicare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Extendicare'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 Extendicare's financial leverage. It provides some insight into what part of Extendicare's total assets is financed by creditors.
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Extendicare (EXE) is traded on Toronto Exchange in Canada and employs 38 people. Extendicare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 608.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Extendicare's market, we take the total number of its shares issued and multiply it by Extendicare'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. Extendicare operates under Health Care Providers & Services sector and is part of Health Care industry. The entity has 83.38 M outstanding shares of which 1.54 M shares are currently shorted by private and institutional investors with about 10.21 days to cover all short positions.
Extendicare has accumulated about 167.28 M in cash with 23.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36.
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Ownership AllocationExtendicare holds a total of 83.38 Million outstanding shares. Extendicare shows 13.61 percent of its outstanding shares held by insiders and 21.04 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Extendicare Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Extendicare jumping above the current price in 90 days from now is about 31.96%. The Extendicare probability density function shows the probability of Extendicare stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Extendicare has a beta of 0.5443 suggesting as returns on the market go up, Extendicare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Extendicare will be expected to be much smaller as well. Additionally, extendicare has an alpha of 0.0066, implying that it can generate a 0.006571 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Extendicare to move above the current price in 90 days from now is about 31.96 (This Extendicare probability density function shows the probability of Extendicare Stock to fall within a particular range of prices over 90 days) .
Extendicare Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Extendicare market risk premium is the additional return an investor will receive from holding Extendicare 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 Extendicare. 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 Extendicare's alpha and beta are two of the key measurements used to evaluate Extendicare's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.9319 | |||
Semi Deviation | 1.09 | |||
Standard Deviation | 1.37 | |||
Variance | 1.86 |
Extendicare Stock Against Markets
Picking the right benchmark for Extendicare 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 Extendicare 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 Extendicare is critical whether you are bullish or bearish towards Extendicare at a given time. Please also check how Extendicare's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Extendicare 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.Did you try this?
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Extendicare Corporate Directors
Extendicare corporate directors refer to members of an Extendicare board of directors. The board of directors generally takes responsibility for the Extendicare'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 Extendicare's board members must vote for the resolution. The Extendicare board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Samir Manji | Independent Director | Profile | |
John Angus | Independent Director | Profile | |
Margery Cunningham | Independent Director | Profile | |
Sandra Hanington | Independent Director | Profile |
How to buy Extendicare Stock?
Before investing in Extendicare, 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 Extendicare. To buy Extendicare stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Extendicare. 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 Extendicare stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Extendicare 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 Extendicare 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 Extendicare, 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.
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The danger of trading Extendicare 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 Extendicare 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 Extendicare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Extendicare 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extendicare. 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 Extendicare information on this page should be used as a complementary analysis to other Extendicare'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Extendicare Stock analysis
When running Extendicare's price analysis, check to measure Extendicare'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 Extendicare is operating at the current time. Most of Extendicare's value examination focuses on studying past and present price action to predict the probability of Extendicare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extendicare's price. Additionally, you may evaluate how the addition of Extendicare to your portfolios can decrease your overall portfolio volatility.
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