Accord Financial Corp Stock Today
| ACD Stock | CAD 4.77 0.06 1.27% |
Performance0 of 100
| Odds Of DistressOver 62
|
Accord Financial is selling at 4.77 as of the 18th of April 2024; that is 1.27 percent up since the beginning of the trading day. The stock's open price was 4.71. Accord Financial has more than 62 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Accord Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. Accord Financial Corp. was founded in 1978 and is headquartered in Toronto, Canada. The company has 8.56 M outstanding shares of which 25 shares are presently shorted by private and institutional investors with about 0.14 days to cover all short positions. More on Accord Financial Corp
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Accord 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. Accord Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Accord Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Thomas Henderson |
| Business Concentration | Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) |
Accord Financial Corp (ACD) is traded on Toronto Exchange in Canada and employs 23 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Accord Financial's market, we take the total number of its shares issued and multiply it by Accord Financial'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. Accord Financial Corp operates under Consumer Finance sector and is part of Financials industry. The entity has 8.56 M outstanding shares of which 25 shares are presently shorted by private and institutional investors with about 0.14 days to cover all short positions.
Accord Financial Corp has accumulated about 14.73 M in cash with (51.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.72.
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Ownership AllocationAccord Financial Corp retains a total of 8.56 Million outstanding shares. Accord Financial Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Accord Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Accord Financial jumping above the current price in 90 days from now is about 82.89%. The Accord Financial Corp probability density function shows the probability of Accord Financial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Accord Financial Corp has a beta of -1.1073. This suggests Additionally, accord Financial Corp has an alpha of 0.066, implying that it can generate a 0.066 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Accord Financial to move above the current price in 90 days from now is about 82.89 (This Accord Financial Corp probability density function shows the probability of Accord Stock to fall within a particular range of prices over 90 days) .
Accord Financial Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Accord Financial market risk premium is the additional return an investor will receive from holding Accord Financial 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 Accord Financial. 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 Accord Financial's alpha and beta are two of the key measurements used to evaluate Accord Financial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.88 | |||
| Semi Deviation | 2.62 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.24 |
Accord Stock Against Markets
Picking the right benchmark for Accord Financial 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 Accord Financial 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 Accord Financial is critical whether you are bullish or bearish towards Accord Financial Corp at a given time. Please also check how Accord Financial'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 Accord Financial 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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Accord Financial Corporate Directors
Accord Financial corporate directors refer to members of an Accord Financial board of directors. The board of directors generally takes responsibility for the Accord Financial'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 Accord Financial's board members must vote for the resolution. The Accord Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Stephen Warden | Independent Director | Profile | |
| Robert Sandler | Independent Director | Profile | |
| David Beutel | Independent Director | Profile | |
| John Swidler | Independent Director | Profile |
How to buy Accord Stock?
Before investing in Accord Financial, 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 Accord Financial. To buy Accord Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Accord Financial. 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 Accord Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Accord Financial Corp 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 Accord Financial Corp 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 Accord Financial 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 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 Accord Financial Corp?
The danger of trading Accord Financial 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 Accord Financial 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 Accord Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Accord Financial 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 Accord Financial 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 board of governors. Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Accord Stock analysis
When running Accord Financial's price analysis, check to measure Accord Financial'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 Accord Financial is operating at the current time. Most of Accord Financial's value examination focuses on studying past and present price action to predict the probability of Accord Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accord Financial's price. Additionally, you may evaluate how the addition of Accord Financial to your portfolios can decrease your overall portfolio volatility.
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