We suggest to use Canadian National Railway fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can use it to find out if Canadian National Railway is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for thirty-eight available fundamental indicators for Canadian National Railway, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of Canadian National to be traded at C$164.16 in 90 days. Key indicators impacting Canadian National's financial strength include:
Understanding current and past Canadian National Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canadian National's financial statements are interrelated, with each one affecting the others. For example, an increase in Canadian National's assets may result in an increase in income on the income statement.
Canadian National competes with Canadian Pacific, Fortis, BCE, Telus Corp, and Enbridge. Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. Canadian National Railway Company was founded in 1919 and is headquartered in Montreal, Canada. CANADIAN NATIONAL operates under Railroads classification in Canada and is traded on Toronto Stock Exchange. It employs 25975 people.
You should never invest in Canadian National without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canadian Stock, because this is throwing your money away. Analyzing the key information contained in Canadian National's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canadian National Key Financial Ratios
Canadian National's financial ratios allow both analysts and investors to convert raw data from Canadian National's financial statements into concise, actionable information that can be used to evaluate the performance of Canadian National over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Canadian National's current stock value. Our valuation model uses many indicators to compare Canadian National value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian National competition to find correlations between indicators driving Canadian National's intrinsic value. More Info.
Canadian National Railway is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canadian National Railway is roughly 3.37 . At this time, Canadian National's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canadian National by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canadian National's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Canadian National Railway Systematic Risk
Canadian National's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canadian National 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 Canadian National Railway correlated with the market. If Beta is less than 0 Canadian National generally moves in the opposite direction as compared to the market. If Canadian National Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canadian National Railway is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canadian National is generally in the same direction as the market. If Beta > 1 Canadian National moves generally in the same direction as, but more than the movement of the benchmark.
Canadian National Railway Total Assets Over Time
Canadian National Thematic Clasifications
Canadian National Railway is part of Investor Favorites investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities most commonly found in portfolios of money managers. Macroaxis most traded equities with largest long positions over the last 2 years
This theme covers Equities most commonly found in portfolios of money managers. Macroaxis most traded equities with largest long positions over the last 2 years. Get More Thematic Ideas
Today, most investors in Canadian National Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canadian National's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Canadian National growth as a starting point in their analysis.
Canadian National November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canadian National help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canadian National Railway. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canadian National Railway based on widely used predictive technical indicators. In general, we focus on analyzing Canadian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canadian National's daily price indicators and compare them against related drivers.
When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. 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.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National'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.