Cardno Limited Stock Analysis

Cardno Pink Sheet Analysis Notes

About 66.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cardno Limited recorded earning per share (EPS) of 8.5. The entity last dividend was issued on the 6th of July 2022. The firm had 1:10 split on the 29th of December 2021. Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities. Cardno Limited was founded in 1945 and is headquartered in Fortitude Valley, Australia. Cardno operates under Engineering Construction classification in the United States and is traded on OTC Exchange.The quote for Cardno Limited 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 Cardno Limited please contact the company at 61 7 3369 9822 or go to https://www.cardno.com.

Cardno Limited Investment Alerts

Cardno Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cardno's market, we take the total number of its shares issued and multiply it by Cardno'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.

Cardno Profitablity

The company has Profit Margin (PM) of 47.91 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of (0.32) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.32.

Technical Drivers

As of the 22nd of March, Cardno shows the Mean Deviation of 4.03, standard deviation of 14.92, and Risk Adjusted Performance of 0.0845. Cardno Limited 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 Cardno Limited coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Cardno Limited is priced correctly, providing market reflects its regular price of 0.17 per share. As Cardno Limited appears to be a penny stock we also recommend to validate its information ratio numbers.

Cardno Limited Price Movement Analysis

Cardno Predictive Daily Indicators

Cardno Forecast Models

Cardno's time-series forecasting models are one of many Cardno'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 Cardno'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 Cardno 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 Cardno 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 Cardno. By using and applying Cardno Pink Sheet analysis, traders can create a robust methodology for identifying Cardno entry and exit points for their positions.

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