Canadian Return On Equity from 2010 to 2024
| CP Stock | USD 79.56 1.99 2.57% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.09464475 | Current Value 0.14 | Quarterly Volatility 0.11101978 |
Check Canadian Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 809.5 M or Selling General Administrative of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 8.15, Dividend Yield of 0.0069 or PTB Ratio of 2.47. Canadian financial statements analysis is a perfect complement when working with Canadian Pacific Valuation or Volatility modules.
Canadian | Return On Equity |
Latest Canadian Pacific's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Canadian Pacific Railway over the last few years. Return on Equity is the amount of Canadian Pacific Railway net income returned as a percentage of Canadian Pacific equity. Return on equity measures Canadian Pacific profitability by revealing how much profit Canadian Pacific Railway generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Canadian Pacific's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Pacific's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0936 | 10 Years Trend |
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Return On Equity |
| Timeline |
Canadian Return On Equity Regression Statistics
| Arithmetic Mean | 0.21 | |
| Geometric Mean | 0.18 | |
| Coefficient Of Variation | 52.82 | |
| Mean Deviation | 0.10 | |
| Median | 0.17 | |
| Standard Deviation | 0.11 | |
| Sample Variance | 0.01 | |
| Range | 0.2893 | |
| R-Value | (0.03) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0 | |
| Significance | 0.90 | |
| Slope | (0.0008) | |
| Total Sum of Squares | 0.17 |
Canadian Return On Equity History
About Canadian Pacific Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Canadian Pacific income statement, its balance sheet, and the statement of cash flows. Canadian Pacific investors use historical funamental indicators, such as Canadian Pacific's Return On Equity, to determine how well the company is positioned to perform in the future. Although Canadian Pacific investors may use each financial statement separately, they are all related. The changes in Canadian Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Pacific'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. We offer a historical overview of the basic patterns found on Canadian Pacific Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian Pacific. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.09 | 0.14 |
Canadian Pacific Investors Sentiment
The influence of Canadian Pacific's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Pacific's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Pacific Railway. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Pacific's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Pacific's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Pacific's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Pacific.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Pacific in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Pacific's short interest history, or implied volatility extrapolated from Canadian Pacific options trading.
Pair Trading with Canadian Pacific
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 Pacific 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 Pacific will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
| 0.6 | VLRS | Volaris | PairCorr |
| 0.5 | MESA | Mesa Air Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canadian Pacific 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 Pacific 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 Pacific - 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 Pacific Railway to buy it.
The correlation of Canadian Pacific 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 Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway 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 Pacific 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.Check out the analysis of Canadian Pacific Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Canadian Stock analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific'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 Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Pacific. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 0.76 | Earnings Share 3.06 | Revenue Per Share 14.821 | Quarterly Revenue Growth 0.553 |
The market value of Canadian Pacific Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Pacific's value that differs from its market value or its book value, called intrinsic value, which is Canadian Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Pacific's market value can be influenced by many factors that don't directly affect Canadian Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Pacific's 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.