Canadian General Investments Stock Year To Date Return
| CGI Stock | CAD 40.70 0.15 0.37% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Canadian General's long-term financial health and intrinsic value.
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Canadian General Investments Company Year To Date Return Analysis
Canadian General's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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In accordance with the company's disclosures, Canadian General Investments has a Year To Date Return of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Canadian Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian General's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian General could also be used in its relative valuation, which is a method of valuing Canadian General by comparing valuation metrics of similar companies.Canadian General is currently under evaluation in year to date return category among its peers.
Canadian Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.88 % | ||||
| Operating Margin | 0.94 % | ||||
| Current Valuation | (344.04 M) | ||||
| Shares Outstanding | 20.86 M | ||||
| Shares Owned By Insiders | 16.01 % | ||||
| Shares Owned By Institutions | 36.60 % | ||||
| Number Of Shares Shorted | 1.84 K | ||||
| Price To Earning | 1.77 X | ||||
| Price To Book | 0.59 X | ||||
| Price To Sales | 2.45 X | ||||
| Revenue | 21.18 M | ||||
| Gross Profit | 348.33 M | ||||
| EBITDA | 174.54 M | ||||
| Net Income | 306.57 M | ||||
| Cash And Equivalents | 1.08 B | ||||
| Cash Per Share | 52.01 X | ||||
| Total Debt | 202.55 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 7.44 X | ||||
| Book Value Per Share | 69.32 X | ||||
| Cash Flow From Operations | 29.58 M | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | 14.70 X | ||||
| Target Price | 21.0 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 852.18 M | ||||
| Total Asset | 1.65 B | ||||
| Retained Earnings | 1.32 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.87 % | ||||
| Net Asset | 1.65 B | ||||
| Last Dividend Paid | 1.0 |
About Canadian General Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian General Investments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian General Investments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Canadian General
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 General 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 General will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
The ability to find closely correlated positions to Canadian General 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 General 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 General - 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 General Investments to buy it.
The correlation of Canadian General 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 General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian General Inv 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 General 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.Other Information on Investing in Canadian Stock
Canadian General financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian General security.