| CU Stock | | | CAD 35.94 0.08 0.22% |
Based on Canadian Utilities' profitability indicators, Canadian Utilities' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Canadian Utilities' ability to earn profits and add value for shareholders. As of the 29th of November 2024,
Sales General And Administrative To Revenue is likely to grow to 0.13, while
Price To Sales Ratio is likely to drop 1.58. At this time, Canadian Utilities'
Net Income Per Share is very stable compared to the past year. As of the 29th of November 2024,
Income Quality is likely to grow to 1.89, while
Accumulated Other Comprehensive Income is likely to drop (1.1
M).
For Canadian Utilities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canadian Utilities to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Canadian Utilities Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canadian Utilities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canadian Utilities Limited over time as well as its relative position and ranking within its peers.
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Please note, there is a significant difference between Canadian Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Utilities' 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.
Canadian Utilities Number Of Shares Shorted vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Utilities's current stock value. Our valuation model uses many indicators to compare Canadian Utilities value to that of its competitors to determine the firm's financial worth.
Canadian Utilities Limited is number one stock in shares owned by insiders category among its peers. It is rated
fifth in number of shares shorted category among its peers making about
54,862 of Number Of Shares Shorted per Shares Owned By Insiders. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canadian Utilities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canadian Utilities' 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 Number Of Shares Shorted vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Canadian Utilities | Insiders Shares | = | Executives Shares | + | Employees |
| = | 37.57 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Canadian Utilities | Shares Shorted | = | Shorted by Public | + | by Institutions |
| = | 2.06 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Canadian Number Of Shares Shorted Comparison
Canadian Utilities is currently under evaluation in number of shares shorted category among its peers.
Canadian Utilities Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canadian Utilities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canadian Utilities will eventually generate negative long term returns. The profitability progress is the general direction of Canadian Utilities' change in net profit over the period of time. It can combine
multiple indicators of Canadian Utilities, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Canadian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Canadian Utilities. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canadian Utilities position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canadian Utilities' important profitability drivers and their relationship over time.
Use Canadian Utilities in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Utilities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Utilities will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Canadian Utilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Utilities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Utilities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Utilities Limited to buy it.
The correlation of Canadian Utilities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Utilities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Utilities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Use Investing Themes to Complement your Canadian Utilities position
In addition to having Canadian Utilities in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Large Blend Funds Theme or any other
thematic opportunities.
Other Information on Investing in Canadian Stock
To fully project Canadian Utilities'
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Canadian Utilities at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Canadian Utilities' income statement, its balance sheet, and the statement of cash flows.
Potential Canadian Utilities investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canadian Utilities investors may work on each financial statement separately, they are all related. The changes in Canadian Utilities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Utilities's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
