Canandaigua National Stock Today
| CNND Stock | USD 212.00 1.00 0.47% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Canandaigua National is trading at 212.00 as of the 18th of April 2024, a -0.47 percent decrease since the beginning of the trading day. The stock's lowest day price was 210.0. Canandaigua National has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Canandaigua National are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Canandaigua National Corporation operates as the bank holding company for The Canandaigua National Bank Trust Company and Canandaigua National Trust Company of Florida that provides various banking and financial services. The company was founded in 1887 and is based in Canandaigua, New York. The company has 1.87 M outstanding shares. More on Canandaigua National
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Follow Valuation Odds of Bankruptcy
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Canandaigua Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canandaigua National's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canandaigua National or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Frank Hamlin |
| Business Concentration | Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
Canandaigua National [CNND] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Small-Cap' category with a current market capitalization of 486.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canandaigua National's market, we take the total number of its shares issued and multiply it by Canandaigua National'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. Canandaigua National conducts business under Banks sector and is part of Financials industry. The entity has 1.87 M outstanding shares.
Canandaigua National currently holds about 65.41 M in cash with 76.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.87.
Check Canandaigua National Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Canandaigua National is currently $486.49 Million. Almost 100.0 percent of Canandaigua National outstanding shares are held by general public with 0.35 % by other corporate entities. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
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Canandaigua Stock Price Odds Analysis
What are Canandaigua National's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Canandaigua National jumping above the current price in 90 days from now is roughly 2.29%. The Canandaigua National probability density function shows the probability of Canandaigua National pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Canandaigua National has a beta of -0.5588 suggesting as returns on the benchmark increase, returns on holding Canandaigua National are expected to decrease at a much lower rate. During a bear market, however, Canandaigua National is likely to outperform the market. Additionally, canandaigua National has an alpha of 0.048, implying that it can generate a 0.048 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canandaigua National to move above the current price in 90 days from now is roughly 2.29 (This Canandaigua National probability density function shows the probability of Canandaigua Pink Sheet to fall within a particular range of prices over 90 days) .
Canandaigua National Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canandaigua National market risk premium is the additional return an investor will receive from holding Canandaigua National 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 Canandaigua National. 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 Canandaigua National's alpha and beta are two of the key measurements used to evaluate Canandaigua National's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5081 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.54 | |||
| Risk Adjusted Performance | 0.0176 |
Canandaigua Stock Against Markets
Picking the right benchmark for Canandaigua National pink sheet 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 Canandaigua National pink sheet 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 Canandaigua National is critical whether you are bullish or bearish towards Canandaigua National at a given time. Please also check how Canandaigua National's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Canandaigua National without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Canandaigua National Corporate Directors
Canandaigua National corporate directors refer to members of a Canandaigua National board of directors. The board of directors generally takes responsibility for the Canandaigua National'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 Canandaigua National's board members must vote for the resolution. The Canandaigua National board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Fox | Director | Profile | |
| Caroline Shipley | Independent Director | Profile | |
| Stephen Hamlin | Independent Director | Profile | |
| Sue Stewart | Independent Director | Profile |
How to buy Canandaigua Pink Sheet?
Before investing in Canandaigua National, 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 Canandaigua National. To buy Canandaigua National stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canandaigua National. 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 Canandaigua National stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canandaigua National 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 Canandaigua National 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 Canandaigua National, 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 Canandaigua National?
The danger of trading Canandaigua National 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 Canandaigua National 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 Canandaigua National. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canandaigua National 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 Canandaigua National. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Canandaigua Pink Sheet analysis
When running Canandaigua National's price analysis, check to measure Canandaigua National'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 Canandaigua National is operating at the current time. Most of Canandaigua National's value examination focuses on studying past and present price action to predict the probability of Canandaigua National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canandaigua National's price. Additionally, you may evaluate how the addition of Canandaigua National to your portfolios can decrease your overall portfolio volatility.
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