Canadian Tire Corporation investors are sitting on a loss of 9.8 percent if they invested three years ago - Simply Wall St
| YAAA Stock | EUR 106.30 2.30 2.12% |
Roughly 62% of Canadian Tire's investor base is looking to short. The analysis of current outlook of investing in Canadian Tire suggests that many traders are alarmed regarding Canadian Tire's prospects. The current market sentiment, together with Canadian Tire's historical and current headlines, can help investors time the market. In addition, many technical investors use Canadian Tire stock news signals to limit their universe of possible portfolio assets.
Canadian Tire stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Canadian daily returns and investor perception about the current price of Canadian Tire as well as its diversification or hedging effects on your existing portfolios.
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Canadian Tire Corporation investors are sitting on a loss of 9.8 percent if they invested three years ago Simply Wall St
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Canadian Tire Fundamental Analysis
We analyze Canadian Tire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Tire 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Canadian Tire is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Canadian Tire 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 Canadian Tire stock to make a market-neutral strategy. Peer analysis of Canadian Tire could also be used in its relative valuation, which is a method of valuing Canadian Tire by comparing valuation metrics with similar companies.
Peers
Canadian Tire Related Equities
| CUW | Columbia Sportswear | 4.38 | ||||
| YV0 | ASPEN TECHINC | 0.83 | ||||
| PL8 | Playtech Plc | 0.81 | ||||
| AMK | Amkor Technology | 0.81 | ||||
| PL0 | Playa Hotels | 0.84 | ||||
| 8II | PLAYTIKA HOLDING | 1.48 | ||||
| 6B0 | SOFI TECHNOLOGIES | 2.96 |
Complementary Tools for Canadian Stock analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire'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 Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.
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