Canadian Palladium Resources Stock Buy Hold or Sell Recommendation

DCNNF Stock  USD 0.19  0.03  13.64%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Canadian Palladium Resources is 'Not Rated'. Macroaxis provides Canadian Palladium buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DCNNF positions. The advice algorithm takes into account all of Canadian Palladium's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canadian Palladium's buy or sell advice are summarized below:
Real Value
0.0
Hype Value
0.0
Market Value
0.19
Naive Value
0.18
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canadian Palladium Resources given historical horizon and risk tolerance towards Canadian Palladium. When Macroaxis issues a 'buy' or 'sell' recommendation for Canadian Palladium Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Canadian Palladium 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.
In addition, we conduct extensive research on individual companies such as Canadian and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Canadian Palladium Resources. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Canadian Palladium 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 Palladium Resources. Macroaxis does not own or have any residual interests in Canadian Palladium Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Palladium's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Canadian PalladiumBuy Canadian Palladium
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

AverageDetails

Economic Sensitivity

Very regressive towards the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Canadian Palladium Resources has a Mean Deviation of 3.88, Standard Deviation of 5.26 and Variance of 27.64
We provide trade advice to complement the prevailing expert consensus on Canadian Palladium. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Canadian Palladium is not overpriced, please confirm all Canadian Palladium fundamentals, including its total debt, as well as the relationship between the cash flow from operations and market capitalization . As Canadian Palladium appears to be a penny stock we also recommend to validate its debt to equity numbers.

Canadian Palladium Trading Alerts and Improvement Suggestions

Canadian Palladium generated a negative expected return over the last 90 days
Canadian Palladium has high historical volatility and very poor performance
Canadian Palladium has some characteristics of a very speculative penny stock
Canadian Palladium has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 466.46 K in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Canadian Palladium has a current ratio of 0.15, 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 Palladium until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Palladium'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 Palladium 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 Palladium's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (3.83 M) with profit before overhead, payroll, taxes, and interest of 0.
Canadian Palladium Resources has accumulated about 137.56 K in cash with (954.12 K) of positive cash flow from operations.

Canadian Palladium Returns Distribution Density

The distribution of Canadian Palladium's historical returns is an attempt to chart the uncertainty of Canadian Palladium's future price movements. The chart of the probability distribution of Canadian Palladium daily returns describes the distribution of returns around its average expected value. We use Canadian Palladium Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Palladium returns is essential to provide solid investment advice for Canadian Palladium.
Mean Return
-0.49
Value At Risk
-9.68
Potential Upside
8.00
Standard Deviation
5.26
   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 Palladium 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 Palladium 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 Palladium or Basic Materials 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 Palladium's price will be affected by overall otc 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 otc'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
-0.28
β
Beta against NYSE Composite-1.75
σ
Overall volatility
5.26
Ir
Information ratio -0.12

Canadian Palladium Volatility Alert

Canadian Palladium Resources exhibits very low volatility with skewness of -0.02 and kurtosis of 0.14. Canadian Palladium Resources is a potential penny stock. Although Canadian Palladium may be in fact a good instrument to invest, many penny otc stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Canadian Palladium Resources. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Canadian instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Canadian Palladium Fundamentals Vs Peers

Comparing Canadian Palladium'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 Palladium's direct or indirect competition across all of the common fundamentals between Canadian Palladium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Palladium or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Palladium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Palladium by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Canadian Palladium to competition
FundamentalsCanadian PalladiumPeer Average
Return On Equity-2.58-0.31
Return On Asset-0.69-0.14
Current Valuation5.53 M16.62 B
Shares Outstanding144.07 M571.82 M
Shares Owned By Insiders5.10 %10.09 %
Price To Book4.84 X9.51 X
EBITDA(1.51 M)3.9 B
Net Income(3.83 M)570.98 M
Cash And Equivalents137.56 K2.7 B
Total Debt466.46 K5.32 B
Debt To Equity0.31 %48.70 %
Current Ratio0.15 X2.16 X
Book Value Per Share(0) X1.93 K
Cash Flow From Operations(954.12 K)971.22 M
Earnings Per Share(0.03) X3.12 X
Number Of Employees918.84 K
Beta1.32-0.15
Market Capitalization5.03 M19.03 B
Total Asset1.09 M29.47 B
Z Score2.78.72
Net Asset1.09 M

Canadian Palladium 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 Palladium Buy or Sell Advice

When is the right time to buy or sell Canadian Palladium Resources? Buying financial instruments such as Canadian OTC 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 Palladium 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.

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Run Realty Funds Thematic Idea Now

Realty Funds
Realty Funds Theme
Funds or Etfs investing in real estate backed instruments or issues backed by different types of commercial properties. The Realty Funds theme has 48 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 Realty Funds Theme or any other thematic opportunities.
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Check out Canadian Palladium 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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