Canadian Solar (Germany) Performance
| L5A Stock | EUR 9.06 0.16 1.80% |
The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Canadian Solar are expected to decrease at a much lower rate. During the bear market, Canadian Solar is likely to outperform the market. At this point, Canadian Solar has a negative expected return of -0.24%. Please make sure to confirm Canadian Solar's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Canadian Solar performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Canadian Solar has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 1.6 B | |
| Total Cashflows From Investing Activities | -429.6 M |
Canadian |
Canadian Solar Relative Risk vs. Return Landscape
If you would invest 1,083 in Canadian Solar on December 20, 2024 and sell it today you would lose (177.00) from holding Canadian Solar or give up 16.34% of portfolio value over 90 days. Canadian Solar is currently producing negative expected returns and takes up 3.5702% volatility of returns over 90 trading days. Put another way, 31% of traded stocks are less volatile than Canadian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canadian Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Canadian Solar, and traders can use it to determine the average amount a Canadian Solar'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 = -0.0669
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | L5A |
Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Canadian Solar 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 Canadian Solar by adding Canadian Solar to a well-diversified portfolio.
Canadian Solar Fundamentals Growth
Canadian Stock prices reflect investors' perceptions of the future prospects and financial health of Canadian Solar, and Canadian Solar 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 Canadian Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0234 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 4.9 B | |||
| Shares Outstanding | 64.27 M | |||
| Price To Earning | 6.87 X | |||
| Price To Book | 1.22 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 5.28 B | |||
| EBITDA | 196.62 M | |||
| Cash And Equivalents | 370.15 M | |||
| Cash Per Share | 6.25 X | |||
| Total Debt | 748.31 M | |||
| Debt To Equity | 144.20 % | |||
| Book Value Per Share | 27.68 X | |||
| Cash Flow From Operations | (408.25 M) | |||
| Earnings Per Share | 2.66 X | |||
| Total Asset | 7.39 B | |||
About Canadian Solar Performance
By analyzing Canadian Solar's fundamental ratios, stakeholders can gain valuable insights into Canadian Solar's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canadian Solar has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canadian Solar has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company was founded in 2001 and is headquartered in Guelph, Canada. CANADIAN SOLAR operates under Solar classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12442 people.Things to note about Canadian Solar performance evaluation
Checking the ongoing alerts about Canadian Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Canadian Solar help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canadian Solar generated a negative expected return over the last 90 days | |
| Canadian Solar has high historical volatility and very poor performance | |
| Canadian Solar has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Canadian Solar has accumulated about 370.15 M in cash with (408.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.25. | |
| Roughly 61.0% of the company shares are owned by institutional investors |
- Analyzing Canadian Solar'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 Canadian Solar's stock is overvalued or undervalued compared to its peers.
- Examining Canadian Solar'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 Canadian Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canadian Solar's stock. These opinions can provide insight into Canadian Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Canadian Stock analysis
When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar'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 Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |