Canaquest Medical Corp Stock Analysis
| CANQF Stock | USD 0.03 0.00 0.00% |
CanaQuest Medical Corp is overvalued with Real Value of 0.0279 and Hype Value of 0.03. The main objective of CanaQuest Medical pink sheet analysis is to determine its intrinsic value, which is an estimate of what CanaQuest Medical Corp is worth, separate from its market price. There are two main types of CanaQuest Medical's stock analysis: fundamental analysis and technical analysis.
The CanaQuest Medical pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and CanaQuest Medical's ongoing operational relationships across important fundamental and technical indicators.
CanaQuest |
CanaQuest Pink Sheet Analysis Notes
About 54.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.06. CanaQuest Medical Corp had not issued any dividends in recent years. CanaQuest Medical Corp. develops health products and pharmaceuticals that utilize hemps, cannabis, and algae oils. CanaQuest Medical Corp. was founded in 2008 and is based in Mississauga, Canada. Canaquest Medical operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.The quote for CanaQuest Medical Corp 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 CanaQuest Medical Corp please contact Richard Rusiniak at 416-704-3040 or go to https://canaquest.com.CanaQuest Medical Corp Investment Alerts
| CanaQuest Medical had very high historical volatility over the last 90 days | |
| CanaQuest Medical has some characteristics of a very speculative penny stock | |
| CanaQuest Medical has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CanaQuest Medical until it has trouble settling it off, either with new capital or with free cash flow. So, CanaQuest Medical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CanaQuest Medical Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CanaQuest to invest in growth at high rates of return. When we think about CanaQuest Medical's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.1 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 54.0% of the company shares are held by company insiders |
CanaQuest Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CanaQuest Medical's market, we take the total number of its shares issued and multiply it by CanaQuest Medical'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.Technical Drivers
As of the 2nd of December, CanaQuest Medical shows the Mean Deviation of 6.88, downside deviation of 20.25, and Risk Adjusted Performance of 0.0165. CanaQuest Medical Corp 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 CanaQuest Medical Corp jensen alpha, as well as the relationship between the potential upside and skewness to decide if CanaQuest Medical Corp is priced correctly, providing market reflects its regular price of 0.03 per share. As CanaQuest Medical Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.CanaQuest Medical Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CanaQuest Medical middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CanaQuest Medical Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
CanaQuest Medical Outstanding Bonds
CanaQuest Medical issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CanaQuest Medical Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CanaQuest bonds can be classified according to their maturity, which is the date when CanaQuest Medical Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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CanaQuest Medical Predictive Daily Indicators
CanaQuest Medical intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CanaQuest Medical pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
CanaQuest Medical Forecast Models
CanaQuest Medical's time-series forecasting models are one of many CanaQuest Medical'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 CanaQuest Medical'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.About CanaQuest Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how CanaQuest Medical 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 CanaQuest 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 CanaQuest Medical. By using and applying CanaQuest Pink Sheet analysis, traders can create a robust methodology for identifying CanaQuest entry and exit points for their positions.
CanaQuest Medical Corp. develops health products and pharmaceuticals that utilize hemps, cannabis, and algae oils. CanaQuest Medical Corp. was founded in 2008 and is based in Mississauga, Canada. Canaquest Medical operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding CanaQuest Medical to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running CanaQuest Medical's price analysis, check to measure CanaQuest Medical'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 CanaQuest Medical is operating at the current time. Most of CanaQuest Medical's value examination focuses on studying past and present price action to predict the probability of CanaQuest Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanaQuest Medical's price. Additionally, you may evaluate how the addition of CanaQuest Medical to your portfolios can decrease your overall portfolio volatility.
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