Canon Inc Stock Analysis

Canon Pink Sheet Analysis Notes

About 29.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canon Inc has Price/Earnings To Growth (PEG) ratio of 2.73. The entity last dividend was issued on the 29th of December 2022. The firm had 3:2 split on the 24th of July 2006. Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices , plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan. Canon Inc operates under Computer Hardware classification in the United States and is traded on OTC Exchange. It employs 184034 people.The quote for Canon Inc is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Canon Inc please contact Fujio Mitarai at 81 3 3758 2111 or go to https://global.canon.

Canon Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 22.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canon's market, we take the total number of its shares issued and multiply it by Canon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Canon Profitablity

The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.

Technical Drivers

As of the 20th of March, Canon shows the Downside Deviation of 3.42, risk adjusted performance of 0.0248, and Mean Deviation of 1.61. Canon Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Canon Inc maximum drawdown, and the relationship between the information ratio and downside variance to decide if Canon Inc is priced correctly, providing market reflects its regular price of 32.95 per share. Given that Canon has jensen alpha of 0.0734, we suggest you to validate Canon Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Canon Inc Price Movement Analysis

Canon Predictive Daily Indicators

Canon Forecast Models

Canon's time-series forecasting models are one of many Canon's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canon's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Canon prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canon shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Canon. By using and applying Canon Pink Sheet analysis, traders can create a robust methodology for identifying Canon entry and exit points for their positions.

When running Canon's price analysis, check to measure Canon'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 Canon is operating at the current time. Most of Canon's value examination focuses on studying past and present price action to predict the probability of Canon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canon's price. Additionally, you may evaluate how the addition of Canon to your portfolios can decrease your overall portfolio volatility.