Canandaigua National Stock Analysis

Canandaigua Pink Sheet Analysis Notes

The company has price-to-book (P/B) ratio of 1.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canandaigua National recorded earning per share (EPS) of 23.77. The entity last dividend was issued on the 26th of January 2023. The firm had 4:1 split on the 13th of October 2011. 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. Canandaigua Natl operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 589 people.The quote for Canandaigua National 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 Canandaigua National please contact JD III at 800 724 2621 or go to https://www.cnbank.com.

Canandaigua Market Capitalization

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 Profitablity

The company has Profit Margin (PM) of 0.24 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.33 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.33.

Technical Drivers

As of the 1st of May, Canandaigua National shows the Mean Deviation of 0.4753, risk adjusted performance of 0.1543, and Standard Deviation of 1.06. Canandaigua National 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate twelve technical drivers for Canandaigua National, which can be compared to its peers. Please confirm Canandaigua National variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Canandaigua National is priced correctly, providing market reflects its regular price of 212.0 per share. Given that Canandaigua National has total risk alpha of 0.1574, we suggest you to validate Canandaigua National's prevailing market performance to make sure the company can sustain itself at a future point.

Canandaigua National Price Movement Analysis

Canandaigua National Predictive Daily Indicators

Canandaigua National Forecast Models

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

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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.