Is Air Canada a Buy, Hold, or Sell - The Motley Fool Canada
| AC Stock | CAD 20.10 0.29 1.42% |
About 62% of Air Canada's investor base is looking to short. The analysis of overall sentiment of trading Air Canada stock suggests that many investors are alarmed at this time. Air Canada's investing sentiment overview a quick insight into current market opportunities from investing in Air Canada. Many technical investors use Air Canada stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Air |
Is Air Canada a Buy, Hold, or Sell The Motley Fool Canada
Read at news.google.com
 |
Air Canada Fundamental Analysis
We analyze Air Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Canada based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Air Canada is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Air Canada Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Air Canada stock to make a market-neutral strategy. Peer analysis of Air Canada could also be used in its relative valuation, which is a method of valuing Air Canada by comparing valuation metrics with similar companies.
Peers
Air Canada Related Equities
| BB | BlackBerry | 0.68 | ||||
| TD | Toronto Dominion | 0.30 | ||||
| CGX | Cineplex | 0.63 | ||||
| ENB | Enbridge | 0.94 | ||||
| SU | Suncor Energy | 1.16 |
Other Information on Investing in Air Stock
Air Canada financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air Canada security.