Canso Select Opportunities Stock Buy Hold or Sell Recommendation
| CSOC-A Stock | CAD 2.21 0.00 0.00% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Canso Select Opportunities is 'Strong Buy'. Macroaxis provides Canso Select buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CSOC-A positions.
Check out Canso Select 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 Canso and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Canso Select Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Canso |
Execute Canso Select Buy or Sell Advice
The Canso recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canso Select Opportunities. Macroaxis does not own or have any residual interests in Canso Select Opportunities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canso Select's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Canso Select Trading Alerts and Improvement Suggestions
| Canso Select Opportu generated a negative expected return over the last 90 days | |
| The company reported the revenue of 633.65 K. Net Loss for the year was (222.28 K) with loss before overhead, payroll, taxes, and interest of (809.62 K). | |
| About 49.0% of the company shares are held by company insiders |
Canso Select Returns Distribution Density
The distribution of Canso Select's historical returns is an attempt to chart the uncertainty of Canso Select's future price movements. The chart of the probability distribution of Canso Select daily returns describes the distribution of returns around its average expected value. We use Canso Select Opportunities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canso Select returns is essential to provide solid investment advice for Canso Select.
| Mean Return | -0.37 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 2.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canso Select 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.
Canso Select Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (189.1K) | 135.2K | (110.5K) | 9.5K | 8.6K | 8.1K | |
| Total Cash From Operating Activities | (189.1K) | 135.2K | (110.5K) | 9.5K | 245.8K | 258.0K | |
| Net Income | (502.1K) | (1.1M) | 2.4M | (804.5K) | (222.3K) | (233.4K) | |
| End Period Cash Flow | 45.8K | 181.0K | 70.5K | 80.0K | 335.0K | 173.7K | |
| Change To Netincome | 475.4K | 1.4M | (2.8M) | 1.0M | 935.9K | 982.7K | |
| Change To Liabilities | (118.4K) | (184.3K) | 332.4K | (18.8K) | (21.7K) | (22.8K) |
Canso Select 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 Canso Select or Capital Markets 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 Canso Select's price will be affected by overall 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 Canso stock'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 Dow Jones | -0.44 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 2.75 | |
Ir | Information ratio | -0.18 |
Canso Select Volatility Alert
Canso Select Opportunities exhibits very low volatility with skewness of -3.56 and kurtosis of 19.81. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canso Select's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Canso Select's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Canso Select Fundamentals Vs Peers
Comparing Canso Select'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 Canso Select's direct or indirect competition across all of the common fundamentals between Canso Select and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canso Select or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canso Select's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canso Select by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Canso Select to competition |
| Fundamentals | Canso Select | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.83 % | (1.27) % |
| Operating Margin | 0.88 % | (5.51) % |
| Current Valuation | (18.68 M) | 16.62 B |
| Shares Outstanding | 1.51 M | 571.82 M |
| Shares Owned By Insiders | 48.50 % | 10.09 % |
| Number Of Shares Shorted | 20 | 4.71 M |
| Price To Book | 0.39 X | 9.51 X |
| Price To Sales | 1.85 X | 11.42 X |
| Revenue | 633.65 K | 9.43 B |
| Gross Profit | (809.62 K) | 27.38 B |
| EBITDA | (1.05 M) | 3.9 B |
| Net Income | (222.28 K) | 570.98 M |
| Cash And Equivalents | 11.13 M | 2.7 B |
| Cash Per Share | 4.00 X | 5.01 X |
| Total Debt | 178.59 K | 5.32 B |
| Current Ratio | 695.29 X | 2.16 X |
| Book Value Per Share | 5.82 X | 1.93 K |
| Cash Flow From Operations | 245.76 K | 971.22 M |
| Short Ratio | 1.33 X | 4.00 X |
| Earnings Per Share | 0.84 X | 3.12 X |
| Beta | 0.44 | -0.15 |
| Market Capitalization | 11.13 M | 19.03 B |
| Total Asset | 13.78 M | 29.47 B |
| Retained Earnings | (1.83 M) | 9.33 B |
| Working Capital | 13.18 M | 1.48 B |
| Net Asset | 13.78 M |
Canso Select Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canso . 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 Canso Select Buy or Sell Advice
When is the right time to buy or sell Canso Select Opportunities? Buying financial instruments such as Canso 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 Canso Select 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.Did You Try This Idea?
Run Drugs Thematic Idea Now
Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 39 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 Drugs Theme or any other thematic opportunities.
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Other Information on Investing in Canso Stock
Canso Select financial ratios help investors to determine whether Canso Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canso with respect to the benefits of owning Canso Select security.