Calfrac Well Services Stock Today
| CFW Stock | CAD 4.67 0.15 3.32% |
Performance0 of 100
| Odds Of DistressLess than 5
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Calfrac Well is selling at 4.67 as of the 23rd of April 2024; that is 3.32% increase since the beginning of the trading day. The stock's open price was 4.52. Calfrac Well has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Calfrac Well Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Energy |
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, Russia, and Argentina. Calfrac Well Services Ltd. was founded in 1999 and is headquartered in Calgary, Canada. CALFRAC WELL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. The company has 85.72 M outstanding shares of which 105.04 K shares are currently shorted by private and institutional investors with about 1.95 days to cover all short positions. More on Calfrac Well Services
Moving against Calfrac Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Calfrac Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Calfrac Well's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calfrac Well or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Fernando Aguilar | ||||
| Business Concentration | Oil & Gas Equipment & Services, Energy, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) | ||||
Calfrac Well's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Calfrac Well's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Calfrac Well's financial leverage. It provides some insight into what part of Calfrac Well's total assets is financed by creditors.
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Calfrac Well Services (CFW) is traded on Toronto Exchange in Canada and employs 2,400 people. Calfrac Well is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 400.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Calfrac Well's market, we take the total number of its shares issued and multiply it by Calfrac Well'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. Calfrac Well Services operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 85.72 M outstanding shares of which 105.04 K shares are currently shorted by private and institutional investors with about 1.95 days to cover all short positions.
Calfrac Well Services has accumulated about 8.5 M in cash with 229.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61.
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Ownership AllocationCalfrac Well holds a total of 85.72 Million outstanding shares. Calfrac Well Services retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Calfrac Ownership Details
Calfrac Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Calfrac Well jumping above the current price in 90 days from now is about 51.85%. The Calfrac Well Services probability density function shows the probability of Calfrac Well stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.1479 suggesting Calfrac Well Services market returns are highly reactive to returns on the market. As the market goes up or down, Calfrac Well is expected to follow. Additionally, calfrac Well Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Calfrac Well to move above the current price in 90 days from now is about 51.85 (This Calfrac Well Services probability density function shows the probability of Calfrac Stock to fall within a particular range of prices over 90 days) .
Calfrac Well Services Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Calfrac Well market risk premium is the additional return an investor will receive from holding Calfrac Well long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Calfrac Well. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Calfrac Well's alpha and beta are two of the key measurements used to evaluate Calfrac Well's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.84 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.17 |
Calfrac Stock Against Markets
Picking the right benchmark for Calfrac Well stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Calfrac Well stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Calfrac Well is critical whether you are bullish or bearish towards Calfrac Well Services at a given time. Please also check how Calfrac Well's historical prices are related to one of the top price index indicators.
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Calfrac Well Corporate Directors
Calfrac Well corporate directors refer to members of a Calfrac Well board of directors. The board of directors generally takes responsibility for the Calfrac Well's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Calfrac Well's board members must vote for the resolution. The Calfrac Well board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gregory Fletcher | Lead Independent Director | Profile | |
| Alberto Bertolin | Director General - Latin American Division | Profile | |
| James Blair | Independent Director | Profile | |
| Kevin Baker | Independent Director | Profile |
How to buy Calfrac Stock?
Before investing in Calfrac Well, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calfrac Well. To buy Calfrac Well stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calfrac Well. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Calfrac Well stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Calfrac Well Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Calfrac Well Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Calfrac Well Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Calfrac Well Services?
The danger of trading Calfrac Well Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Calfrac Well is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Calfrac Well. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calfrac Well Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Calfrac Stock analysis
When running Calfrac Well's price analysis, check to measure Calfrac Well'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 Calfrac Well is operating at the current time. Most of Calfrac Well's value examination focuses on studying past and present price action to predict the probability of Calfrac Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calfrac Well's price. Additionally, you may evaluate how the addition of Calfrac Well to your portfolios can decrease your overall portfolio volatility.
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