Canada Goose Holdings Stock Performance
| GOOS Stock | CAD 13.69 0.17 1.26% |
The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canada Goose's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canada Goose is expected to be smaller as well. At this point, Canada Goose Holdings has a negative expected return of -0.0473%. Please make sure to confirm Canada Goose's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Canada Goose Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Canada Goose Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Canada Goose is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Canada Goose Laps the Stock Market Heres Why - Yahoo Finance | 09/19/2024 |
2 | Goldman Sachs Group Incs Strategic Acquisition of Canada Goose Holdings Inc Shares - GuruFocus.com | 11/01/2024 |
3 | Landscape Capital Management L.L.C. Has 1.35 Million Stake in Canada Goose Holdings Inc. - MarketBeat | 11/22/2024 |
| Begin Period Cash Flow | 286.5 M |
Canada |
Canada Goose Relative Risk vs. Return Landscape
If you would invest 1,443 in Canada Goose Holdings on September 5, 2024 and sell it today you would lose (74.00) from holding Canada Goose Holdings or give up 5.13% of portfolio value over 90 days. Canada Goose Holdings is generating negative expected returns and assumes 2.6628% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Canada, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Canada Goose Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canada Goose's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canada Goose Holdings, and traders can use it to determine the average amount a Canada Goose's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0178
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GOOS |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canada Goose is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canada Goose by adding Canada Goose to a well-diversified portfolio.
Canada Goose Fundamentals Growth
Canada Stock prices reflect investors' perceptions of the future prospects and financial health of Canada Goose, and Canada Goose fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canada Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0578 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 2.13 B | ||||
| Shares Outstanding | 45.8 M | ||||
| Price To Earning | 35.84 X | ||||
| Price To Book | 3.66 X | ||||
| Price To Sales | 1.00 X | ||||
| Revenue | 1.33 B | ||||
| Gross Profit | 733.6 M | ||||
| EBITDA | 244.3 M | ||||
| Net Income | 58.4 M | ||||
| Cash And Equivalents | 160.1 M | ||||
| Cash Per Share | 1.45 X | ||||
| Total Debt | 728.4 M | ||||
| Debt To Equity | 1.25 % | ||||
| Current Ratio | 3.39 X | ||||
| Book Value Per Share | 3.70 X | ||||
| Cash Flow From Operations | 164.6 M | ||||
| Earnings Per Share | 0.58 X | ||||
| Market Capitalization | 1.33 B | ||||
| Total Asset | 1.48 B | ||||
| Retained Earnings | 252.5 M | ||||
| Working Capital | 430.9 M | ||||
| Current Asset | 401.24 M | ||||
| Current Liabilities | 99.53 M | ||||
About Canada Goose Performance
By examining Canada Goose's fundamental ratios, stakeholders can obtain critical insights into Canada Goose's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Canada Goose is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 390.24 | 262.18 | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.11 | 0.19 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.14 | 0.23 |
Things to note about Canada Goose Holdings performance evaluation
Checking the ongoing alerts about Canada Goose for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canada Goose Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canada Goose generated a negative expected return over the last 90 days | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Landscape Capital Management L.L.C. Has 1.35 Million Stake in Canada Goose Holdings Inc. - MarketBeat |
- Analyzing Canada Goose's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canada Goose's stock is overvalued or undervalued compared to its peers.
- Examining Canada Goose's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canada Goose's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canada Goose's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canada Goose's stock. These opinions can provide insight into Canada Goose's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Canada Goose Holdings. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.