Canada Nickel Financials
| CNIKF Stock | USD 0.70 0.02 2.94% |
With this module, you can analyze Canada financials for your investing period. You should be able to track the changes in Canada Nickel individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Canada |
Understanding current and past Canada Nickel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canada Nickel's financial statements are interrelated, with each one affecting the others. For example, an increase in Canada Nickel's assets may result in an increase in income on the income statement.
The data published in Canada Nickel's official financial statements typically reflect Canada Nickel's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Canada Nickel's quantitative information. For example, before you start analyzing numbers published by Canada accountants, it's essential to understand Canada Nickel's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Canada Nickel Stock Summary
Canada Nickel competes with Lotus Resources, Ardea Resources, Centaurus Metals, Canada Silver, and Troilus Gold. Canada Nickel Company Inc., together with its subsidiary, engages in the exploration, discovery, and development of nickel sulphide assets. Canada Nickel Company Inc. was incorporated in 2019 and is headquartered in Toronto, Canada. Canada Nickel is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 130 King Street |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | canadanickel.com |
| Phone | 647 256 1954 |
| Currency | USD - US Dollar |
Canada Nickel Key Financial Ratios
There are many critical financial ratios that Canada Nickel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canada Nickel reports annually and quarterly.| Return On Equity | -0.0666 | |||
| Return On Asset | -0.0565 | |||
| Beta | 2.78 |
Canada Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canada Nickel's current stock value. Our valuation model uses many indicators to compare Canada Nickel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canada Nickel competition to find correlations between indicators driving Canada Nickel's intrinsic value. More Info.Canada Nickel is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canada Nickel's earnings, one of the primary drivers of an investment's value.Canada Nickel Systematic Risk
Canada Nickel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canada Nickel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Canada Nickel correlated with the market. If Beta is less than 0 Canada Nickel generally moves in the opposite direction as compared to the market. If Canada Nickel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canada Nickel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canada Nickel is generally in the same direction as the market. If Beta > 1 Canada Nickel moves generally in the same direction as, but more than the movement of the benchmark.
Canada Nickel November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canada Nickel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canada Nickel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canada Nickel based on widely used predictive technical indicators. In general, we focus on analyzing Canada OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canada Nickel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.46 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.8 |
Complementary Tools for Canada OTC Stock analysis
When running Canada Nickel's price analysis, check to measure Canada Nickel'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 Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.
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