Canadian Palladium Resources Stock Today

DCNNF Stock  USD 0.19  0.03  13.64%   

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Canadian Palladium is trading at 0.19 as of the 28th of March 2024. This is a -13.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.18. Canadian Palladium has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Canadian Palladium Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Canadian Palladium Resources Inc. engages in the acquisition and exploration of resource properties in North America and Europe. Canadian Palladium Resources Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada. 21C Metals is traded on OTC Exchange in the United States.. The company has 144.07 M outstanding shares. More on Canadian Palladium Resources

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Follow Valuation Odds of Bankruptcy
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Canadian OTC 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 Palladium's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Palladium or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorWayne Tisdale
Business ConcentrationOther Industrial Metals & Mining, Basic Materials (View all Sectors)
Canadian Palladium Resources [DCNNF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Palladium's market, we take the total number of its shares issued and multiply it by Canadian Palladium'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. Canadian Palladium classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 144.07 M outstanding shares. Canadian Palladium Resources has accumulated about 137.56 K in cash with (954.12 K) of positive cash flow from operations.
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Ownership Allocation
Canadian Palladium holds a total of 144.07 Million outstanding shares. Canadian Palladium Resources shows 5.1 percent of its outstanding shares held by insiders and 0.0 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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Canadian Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Canadian Palladium jumping above the current price in 90 days from now is close to 99%. The Canadian Palladium Resources probability density function shows the probability of Canadian Palladium otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canadian Palladium Resources has a beta of -1.6429 suggesting as returns on its benchmark rise, returns on holding Canadian Palladium Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Canadian Palladium is expected to outperform its benchmark. Additionally, canadian Palladium Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.19HorizonTargetOdds Above 0.19
0.03%90 days
 0.19 
99.97%
Based on a normal probability distribution, the odds of Canadian Palladium to move above the current price in 90 days from now is close to 99 (This Canadian Palladium Resources probability density function shows the probability of Canadian OTC Stock to fall within a particular range of prices over 90 days) .

Canadian Palladium Risk Profiles

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

Canadian Palladium corporate directors refer to members of a Canadian Palladium board of directors. The board of directors generally takes responsibility for the Canadian Palladium'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 Canadian Palladium's board members must vote for the resolution. The Canadian Palladium board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Canadian OTC Stock?

Before investing in Canadian Palladium, 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 Palladium. To buy Canadian Palladium stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Palladium. 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 Palladium stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Palladium Resources 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 Palladium Resources 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 Canadian Palladium Resources, 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 Canadian Palladium Resources?

The danger of trading Canadian Palladium Resources is mainly related to its market volatility and OTC Stock 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 Palladium 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 Palladium. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Palladium 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 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.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Canadian Palladium's price analysis, check to measure Canadian Palladium'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 Palladium is operating at the current time. Most of Canadian Palladium's value examination focuses on studying past and present price action to predict the probability of Canadian Palladium'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 Palladium's price. Additionally, you may evaluate how the addition of Canadian Palladium to your portfolios can decrease your overall portfolio volatility.
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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.