Canstar Resources Stock Analysis
| CSRNF Stock | USD 0.03 0.01 25.82% |
Canstar Resources is overvalued with Real Value of 0.0254 and Hype Value of 0.03. The main objective of Canstar Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Canstar Resources is worth, separate from its market price. There are two main types of Canstar Resources' stock analysis: fundamental analysis and technical analysis.
The Canstar Resources 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 Canstar Resources' ongoing operational relationships across important fundamental and technical indicators.
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Canstar Pink Sheet Analysis Notes
About 35.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.53. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canstar Resources recorded a loss per share of 0.02. The entity last dividend was issued on the 15th of August 2018. The firm had 1:5 split on the 15th of August 2018. Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Canstar Resources 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 Canstar Resources please contact CFA MBA at 647 557 3442 or go to https://www.canstarresources.com.Canstar Resources Investment Alerts
| Canstar Resources had very high historical volatility over the last 90 days | |
| Canstar Resources has some characteristics of a very speculative penny stock | |
| Canstar Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (8.86 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Canstar Resources has accumulated about 4.99 M in cash with (1.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company shares are held by company insiders |
Canstar Resources Thematic Classifications
In addition to having Canstar Resources pink sheet in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Canstar Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canstar Resources's market, we take the total number of its shares issued and multiply it by Canstar Resources'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 10th of December, Canstar Resources shows the Mean Deviation of 5.6, downside deviation of 12.1, and Risk Adjusted Performance of 0.0157. Canstar Resources 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 Canstar Resources jensen alpha, as well as the relationship between the potential upside and skewness to decide if Canstar Resources is priced correctly, providing market reflects its regular price of 0.0307 per share. As Canstar Resources appears to be a penny stock we also recommend to validate its total risk alpha numbers.Canstar Resources 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. Canstar Resources 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 Canstar Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Canstar Resources Predictive Daily Indicators
Canstar Resources 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 Canstar Resources 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.26 | |||
| Day Median Price | 0.0307 | |||
| Day Typical Price | 0.0307 | |||
| Price Action Indicator | 0.0032 | |||
| Period Momentum Indicator | 0.0063 |
Canstar Resources Forecast Models
Canstar Resources' time-series forecasting models are one of many Canstar Resources' 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 Canstar Resources' 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 Canstar Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Canstar Resources 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 Canstar 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 Canstar Resources. By using and applying Canstar Pink Sheet analysis, traders can create a robust methodology for identifying Canstar entry and exit points for their positions.
Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining 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 Canstar Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Canstar Pink Sheet analysis
When running Canstar Resources' price analysis, check to measure Canstar Resources' 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 Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.
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