25 XP   0   0   10

Canaf Investments Inc
Buy, Hold or Sell?

Let's analyse Canaf Investments Inc together

PenkeI guess you are interested in Canaf Investments Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Canaf Investments Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Canaf Investments Inc

I send you an email if I find something interesting about Canaf Investments Inc.

Quick analysis of Canaf Investments Inc (30 sec.)










What can you expect buying and holding a share of Canaf Investments Inc? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
13.8%

What is your share worth?

Current worth
C$0.21
Expected worth in 1 year
C$0.31
How sure are you?
72.4%

+ What do you gain per year?

Total Gains per Share
C$0.10
Return On Investment
44.7%

For what price can you sell your share?

Current Price per Share
C$0.22
Expected price per share
C$0.19 - C$0.27
How sure are you?
50%

1. Valuation of Canaf Investments Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.22

Intrinsic Value Per Share

C$-1.31 - C$-1.59

Total Value Per Share

C$-1.09 - C$-1.38

2. Growth of Canaf Investments Inc (5 min.)




Is Canaf Investments Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$7.4m$4m$2.1m35.0%

How much money is Canaf Investments Inc making?

Current yearPrevious yearGrowGrow %
Making money$396.7k$142.4k$254.3k64.1%
Net Profit Margin6.7%4.0%--

How much money comes from the company's main activities?

3. Financial Health of Canaf Investments Inc (5 min.)




4. Comparing to competitors in the Coking Coal industry (5 min.)




  Industry Rankings (Coking Coal)  


Richest
#27 / 32

Most Revenue
#25 / 32

Most Profit
#22 / 32

What can you expect buying and holding a share of Canaf Investments Inc? (5 min.)

Welcome investor! Canaf Investments Inc's management wants to use your money to grow the business. In return you get a share of Canaf Investments Inc.

What can you expect buying and holding a share of Canaf Investments Inc?

First you should know what it really means to hold a share of Canaf Investments Inc. And how you can make/lose money.

Speculation

The Price per Share of Canaf Investments Inc is C$0.22. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Canaf Investments Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Canaf Investments Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.21. Based on the TTM, the Book Value Change Per Share is C$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Canaf Investments Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.016.0%0.014.1%0.001.4%0.001.7%0.001.5%
Usd Book Value Change Per Share0.027.5%0.028.2%0.000.0%0.012.3%0.012.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.000.1%
Usd Total Gains Per Share0.027.5%0.028.2%0.000.0%0.012.4%0.012.6%
Usd Price Per Share0.13-0.10-0.08-0.07-0.06-
Price to Earnings Ratio2.49-3.11-13.90-16.22-12.82-
Price-to-Total Gains Ratio8.00-7.32--45.33--1.63--1.28-
Price to Book Ratio0.85-0.81-0.93-0.79-1.07-
Price-to-Total Gains Ratio8.00-7.32--45.33--1.63--1.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.161986
Number of shares6173
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.020.01
Gains per Quarter (6173 shares)111.6733.00
Gains per Year (6173 shares)446.66131.99
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104474377125122
2089388415249254
301340133122374386
401787177830498518
502233222537623650
602680267245747782
703127311952872914
8035733566599961046
90402040136711211178
100446744607412461310

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%27.02.00.093.1%27.02.00.093.1%
Book Value Change Per Share4.00.00.0100.0%8.03.01.066.7%14.05.01.070.0%21.07.01.072.4%21.07.01.072.4%
Dividend per Share0.00.04.00.0%0.00.012.00.0%3.00.017.015.0%4.00.025.013.8%4.00.025.013.8%
Total Gains per Share4.00.00.0100.0%8.03.01.066.7%14.05.01.070.0%21.07.01.072.4%21.07.01.072.4%

Fundamentals of Canaf Investments Inc

About Canaf Investments Inc

Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized anthracite in Canada and South Africa. The company offers calcined anthracite to steel and ferromanganese manufacturers as a substitute product for coke. It also acquires, redevelops, and rents real estate properties primarily targeting the affordable housing market. The company was formerly known as Canaf Group Inc. and changed its name to Canaf Investments Inc. in July 2018. Canaf Investments Inc. was incorporated in 1996 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-18 22:32:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Canaf Investments Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Canaf Investments Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • A Net Profit Margin of 7.8% means that $0.08 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Canaf Investments Inc:

  • The MRQ is 7.8%. The company is making a profit. +1
  • The TTM is 6.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.8%TTM6.7%+1.1%
TTM6.7%YOY4.0%+2.8%
TTM6.7%5Y4.8%+1.9%
5Y4.8%10Y4.8%+0.0%
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ7.8%5.4%+2.4%
TTM6.7%4.4%+2.3%
YOY4.0%4.0%0.0%
5Y4.8%3.4%+1.4%
10Y4.8%1.3%+3.5%
1.1.2. Return on Assets

Shows how efficient Canaf Investments Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • 6.3% Return on Assets means that Canaf Investments Inc generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Canaf Investments Inc:

  • The MRQ is 6.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 4.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.3%TTM4.4%+1.9%
TTM4.4%YOY2.5%+1.9%
TTM4.4%5Y3.0%+1.5%
5Y3.0%10Y3.1%-0.1%
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3%1.7%+4.6%
TTM4.4%1.2%+3.2%
YOY2.5%0.9%+1.6%
5Y3.0%0.9%+2.1%
10Y3.1%0.3%+2.8%
1.1.3. Return on Equity

Shows how efficient Canaf Investments Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • 9.4% Return on Equity means Canaf Investments Inc generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Canaf Investments Inc:

  • The MRQ is 9.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.4%TTM6.8%+2.7%
TTM6.8%YOY3.7%+3.0%
TTM6.8%5Y4.2%+2.6%
5Y4.2%10Y5.0%-0.8%
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ9.4%6.4%+3.0%
TTM6.8%3.1%+3.7%
YOY3.7%3.7%+0.0%
5Y4.2%2.8%+1.4%
10Y5.0%0.5%+4.5%

1.2. Operating Efficiency of Canaf Investments Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Canaf Investments Inc is operating .

  • Measures how much profit Canaf Investments Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Canaf Investments Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.0%-5.0%
TTM5.0%YOY5.9%-0.9%
TTM5.0%5Y7.5%-2.5%
5Y7.5%10Y6.7%+0.7%
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.1%-6.1%
TTM5.0%3.0%+2.0%
YOY5.9%5.9%0.0%
5Y7.5%7.0%+0.5%
10Y6.7%1.1%+5.6%
1.2.2. Operating Ratio

Measures how efficient Canaf Investments Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Coking Coal industry mean).
  • An Operation Ratio of 1.77 means that the operating costs are $1.77 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Canaf Investments Inc:

  • The MRQ is 1.769. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.786. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.769TTM1.786-0.017
TTM1.786YOY1.847-0.061
TTM1.7865Y1.782+0.004
5Y1.78210Y1.805-0.023
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7691.681+0.088
TTM1.7861.740+0.046
YOY1.8471.771+0.076
5Y1.7821.728+0.054
10Y1.8051.458+0.347

1.3. Liquidity of Canaf Investments Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Canaf Investments Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Coking Coal industry mean).
  • A Current Ratio of 3.19 means the company has $3.19 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Canaf Investments Inc:

  • The MRQ is 3.191. The company is very able to pay all its short-term debts. +2
  • The TTM is 2.966. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ3.191TTM2.966+0.224
TTM2.966YOY3.496-0.529
TTM2.9665Y3.251-0.285
5Y3.25110Y2.820+0.431
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1911.253+1.938
TTM2.9661.187+1.779
YOY3.4961.283+2.213
5Y3.2511.397+1.854
10Y2.8201.467+1.353
1.3.2. Quick Ratio

Measures if Canaf Investments Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • A Quick Ratio of 1.16 means the company can pay off $1.16 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Canaf Investments Inc:

  • The MRQ is 1.160. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.009. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.160TTM1.009+0.151
TTM1.009YOY1.169-0.160
TTM1.0095Y1.259-0.250
5Y1.25910Y1.196+0.062
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1600.580+0.580
TTM1.0090.534+0.475
YOY1.1690.801+0.368
5Y1.2590.852+0.407
10Y1.1961.038+0.158

1.4. Solvency of Canaf Investments Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Canaf Investments Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Canaf Investments Inc to Coking Coal industry mean.
  • A Debt to Asset Ratio of 0.26 means that Canaf Investments Inc assets are financed with 25.9% credit (debt) and the remaining percentage (100% - 25.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Canaf Investments Inc:

  • The MRQ is 0.259. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.273. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.259TTM0.273-0.015
TTM0.273YOY0.253+0.021
TTM0.2735Y0.231+0.042
5Y0.23110Y0.300-0.068
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2590.462-0.203
TTM0.2730.463-0.190
YOY0.2530.463-0.210
5Y0.2310.427-0.196
10Y0.3000.520-0.220
1.4.2. Debt to Equity Ratio

Measures if Canaf Investments Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • A Debt to Equity ratio of 38.8% means that company has $0.39 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Canaf Investments Inc:

  • The MRQ is 0.388. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.418. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.388TTM0.418-0.030
TTM0.418YOY0.368+0.049
TTM0.4185Y0.323+0.094
5Y0.32310Y0.493-0.170
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3880.801-0.413
TTM0.4180.703-0.285
YOY0.3680.804-0.436
5Y0.3230.771-0.448
10Y0.4931.030-0.537

2. Market Valuation of Canaf Investments Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Canaf Investments Inc generates.

  • Above 15 is considered overpriced but always compare Canaf Investments Inc to the Coking Coal industry mean.
  • A PE ratio of 2.49 means the investor is paying $2.49 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Canaf Investments Inc:

  • The EOD is 3.047. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.493. Based on the earnings, the company is cheap. +2
  • The TTM is 3.109. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.047MRQ2.493+0.554
MRQ2.493TTM3.109-0.616
TTM3.109YOY13.898-10.789
TTM3.1095Y16.217-13.108
5Y16.21710Y12.816+3.401
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
EOD3.0471.826+1.221
MRQ2.4932.175+0.318
TTM3.1091.635+1.474
YOY13.8982.137+11.761
5Y16.2173.134+13.083
10Y12.8164.028+8.788
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Canaf Investments Inc:

  • The EOD is -5.208. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.261. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.251. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.208MRQ-4.261-0.947
MRQ-4.261TTM-1.251-3.009
TTM-1.251YOY0.850-2.102
TTM-1.2515Y-4.236+2.985
5Y-4.23610Y-4.169-0.067
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
EOD-5.2080.201-5.409
MRQ-4.2610.338-4.599
TTM-1.2510.676-1.927
YOY0.8500.881-0.031
5Y-4.2360.609-4.845
10Y-4.169-0.915-3.254
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Canaf Investments Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Coking Coal industry mean).
  • A PB ratio of 0.85 means the investor is paying $0.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Canaf Investments Inc:

  • The EOD is 1.034. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.846. Based on the equity, the company is cheap. +2
  • The TTM is 0.808. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.034MRQ0.846+0.188
MRQ0.846TTM0.808+0.038
TTM0.808YOY0.934-0.126
TTM0.8085Y0.793+0.015
5Y0.79310Y1.075-0.282
Compared to industry (Coking Coal)
PeriodCompanyIndustry (mean)+/- 
EOD1.0341.057-0.023
MRQ0.8461.002-0.156
TTM0.8080.961-0.153
YOY0.9341.165-0.231
5Y0.7931.256-0.463
10Y1.0751.436-0.361
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Canaf Investments Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0220.025-8%0.000+100%0.007+228%0.007+206%
Book Value Per Share--0.2130.177+20%0.115+85%0.114+87%0.093+129%
Current Ratio--3.1912.966+8%3.496-9%3.251-2%2.820+13%
Debt To Asset Ratio--0.2590.273-5%0.253+2%0.231+12%0.300-14%
Debt To Equity Ratio--0.3880.418-7%0.368+5%0.323+20%0.493-21%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps--0.0180.012+48%0.004+343%0.005+252%0.004+306%
Free Cash Flow Per Share---0.0110.011-192%0.009-213%0.008-237%0.005-297%
Free Cash Flow To Equity Per Share---0.0110.011-194%0.009-215%0.007-243%0.005-325%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.590--------
Intrinsic Value_10Y_min---1.307--------
Intrinsic Value_1Y_max--0.008--------
Intrinsic Value_1Y_min--0.008--------
Intrinsic Value_3Y_max---0.104--------
Intrinsic Value_3Y_min---0.097--------
Intrinsic Value_5Y_max---0.369--------
Intrinsic Value_5Y_min---0.332--------
Market Cap10433764.000+18%8536716.0006758233.500+26%5098316.500+67%4400091.900+94%4195670.345+103%
Net Profit Margin--0.0780.067+17%0.040+98%0.048+63%0.048+64%
Operating Margin---0.050-100%0.059-100%0.075-100%0.067-100%
Operating Ratio--1.7691.786-1%1.847-4%1.782-1%1.805-2%
Pb Ratio1.034+18%0.8460.808+5%0.934-9%0.793+7%1.075-21%
Pe Ratio3.047+18%2.4933.109-20%13.898-82%16.217-85%12.816-81%
Price Per Share0.220+18%0.1800.143+26%0.108+67%0.093+95%0.088+104%
Price To Free Cash Flow Ratio-5.208-22%-4.261-1.251-71%0.850-601%-4.236-1%-4.169-2%
Price To Total Gains Ratio9.780+18%8.0027.320+9%-45.330+666%-1.625+120%-1.281+116%
Quick Ratio--1.1601.009+15%1.169-1%1.259-8%1.196-3%
Return On Assets--0.0630.044+42%0.025+153%0.030+112%0.031+103%
Return On Equity--0.0940.068+40%0.037+151%0.042+126%0.050+89%
Total Gains Per Share--0.0220.025-8%0.000+100%0.007+210%0.008+191%
Usd Book Value--7432419.1006183906.667+20%4018774.732+85%3988442.559+86%3264571.191+128%
Usd Book Value Change Per Share--0.0170.018-8%0.000+100%0.005+228%0.005+206%
Usd Book Value Per Share--0.1570.130+20%0.085+85%0.084+87%0.069+129%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps--0.0130.009+48%0.003+343%0.004+252%0.003+306%
Usd Free Cash Flow---368798.680401156.947-192%326329.264-213%271852.765-236%189182.726-295%
Usd Free Cash Flow Per Share---0.0080.008-192%0.007-213%0.006-237%0.004-297%
Usd Free Cash Flow To Equity Per Share---0.0080.008-194%0.007-215%0.006-243%0.003-325%
Usd Market Cap7682380.433+18%6285583.9914976087.326+26%3753890.439+67%3239787.666+94%3089272.075+103%
Usd Price Per Share0.162+18%0.1330.105+26%0.079+67%0.068+95%0.065+104%
Usd Profit--630314.033396771.662+59%142429.320+343%174007.575+262%152059.359+315%
Usd Revenue--8052829.1625647698.911+43%3152147.423+155%3214046.352+151%2906526.751+177%
Usd Total Gains Per Share--0.0170.018-8%0.000+100%0.005+210%0.006+191%
 EOD+5 -3MRQTTM+21 -12YOY+22 -115Y+21 -1410Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Canaf Investments Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.047
Price to Book Ratio (EOD)Between0-11.034
Net Profit Margin (MRQ)Greater than00.078
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.160
Current Ratio (MRQ)Greater than13.191
Debt to Asset Ratio (MRQ)Less than10.259
Debt to Equity Ratio (MRQ)Less than10.388
Return on Equity (MRQ)Greater than0.150.094
Return on Assets (MRQ)Greater than0.050.063
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Canaf Investments Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.015
Ma 20Greater thanMa 500.247
Ma 50Greater thanMa 1000.207
Ma 100Greater thanMa 2000.190
OpenGreater thanClose0.220
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-10-312023-01-312023-04-302023-07-312023-10-31
Retained Earnings  -1,551245-1,30696-1,210649-561856295



Latest Balance Sheet

Balance Sheet of 2023-10-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets13,619
Total Liabilities3,524
Total Stockholder Equity9,084
 As reported
Total Liabilities 3,524
Total Stockholder Equity+ 9,084
Total Assets = 13,619

Assets

Total Assets13,619
Total Current Assets11,154
Long-term Assets2,465
Total Current Assets
Cash And Cash Equivalents 5,301
Net Receivables 4,053
Inventory 1,533
Total Current Assets  (as reported)11,154
Total Current Assets  (calculated)10,888
+/- 266
Long-term Assets
Property Plant Equipment 606
Intangible Assets 0
Long-term Assets  (as reported)2,465
Long-term Assets  (calculated)606
+/- 1,859

Liabilities & Shareholders' Equity

Total Current Liabilities3,496
Long-term Liabilities29
Total Stockholder Equity9,084
Total Current Liabilities
Accounts payable 3,205
Total Current Liabilities  (as reported)3,496
Total Current Liabilities  (calculated)3,205
+/- 290
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt47
Long-term Liabilities  (as reported)29
Long-term Liabilities  (calculated)47
+/- 19
Total Stockholder Equity
Retained Earnings 295
Total Stockholder Equity (as reported)9,084
Total Stockholder Equity (calculated)295
+/- 8,789
Other
Capital Stock9,834
Common Stock Shares Outstanding 47,426
Net Invested Capital 9,084
Net Working Capital 7,658
Property Plant and Equipment Gross 6,774



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-31
> Total Assets 
2,729
3,519
4,331
3,354
3,315
5,189
5,315
4,475
4,774
4,917
4,631
5,730
5,254
4,834
3,918
5,403
5,580
6,104
6,614
7,303
6,959
0
6,513
8,094
7,853
8,219
11,029
13,589
13,619
13,61913,58911,0298,2197,8538,0946,51306,9597,3036,6146,1045,5805,4033,9184,8345,2545,7304,6314,9174,7744,4755,3155,1893,3153,3544,3313,5192,729
   > Total Current Assets 
1,473
2,322
3,078
2,152
2,277
4,017
4,361
3,666
2,656
2,758
2,694
3,708
3,464
3,059
2,497
3,633
3,784
4,205
4,652
5,323
5,102
4,585
4,627
6,263
6,020
6,189
8,556
11,072
11,154
11,15411,0728,5566,1896,0206,2634,6274,5855,1025,3234,6524,2053,7843,6332,4973,0593,4643,7082,6942,7582,6563,6664,3614,0172,2772,1523,0782,3221,473
       Cash And Cash Equivalents 
381
596
0
671
454
395
315
1,252
552
591
962
1,488
391
672
741
1,580
2,048
2,565
2,761
3,317
3,053
0
2,241
2,598
2,727
3,712
4,432
6,078
5,301
5,3016,0784,4323,7122,7272,5982,24103,0533,3172,7612,5652,0481,5807416723911,4889625915521,2523153954546710596381
       Net Receivables 
662
1,304
2,501
937
1,315
2,696
3,608
1,702
1,245
1,521
1,234
1,300
2,401
1,768
1,301
1,442
1,297
1,110
1,489
1,691
1,268
1,186
1,616
2,559
2,243
1,955
2,999
3,595
4,053
4,0533,5952,9991,9552,2432,5591,6161,1861,2681,6911,4891,1101,2971,4421,3011,7682,4011,3001,2341,5211,2451,7023,6082,6961,3159372,5011,304662
       Inventory 
403
393
542
505
472
895
418
686
837
622
476
895
649
597
438
593
417
508
380
295
704
656
747
1,089
1,050
516
1,120
1,313
1,533
1,5331,3131,1205161,0501,089747656704295380508417593438597649895476622837686418895472505542393403
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
1,287
1,937
2,022
1,790
1,776
1,421
1,770
1,796
1,899
1,962
1,980
1,857
0
1,886
1,831
1,832
2,030
2,470
2,516
2,465
2,4652,5162,4702,0301,8321,8311,88601,8571,9801,9621,8991,7961,7701,4211,7761,7902,0221,9371,287000000000
       Property Plant Equipment 
1,257
1,197
1,253
1,202
1,038
1,172
954
809
868
871
712
750
644
590
437
675
740
747
736
763
631
604
548
555
573
584
681
623
606
6066236815845735555486046317637367477406754375906447507128718688099541,1721,0381,2021,2531,1971,257
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
1,250
1,287
1,225
1,272
1,146
1,185
984
1,095
1,056
1,152
1,226
1,217
1,226
1,289
1,338
1,276
1,259
1,446
0
1,894
0
01,89401,4461,2591,2761,3381,2891,2261,2171,2261,1521,0561,0959841,1851,1461,2721,2251,2871,25000000000
> Total Liabilities 
1,260
1,852
2,428
1,262
1,407
2,728
2,716
1,931
1,179
868
867
1,698
1,416
822
527
1,162
1,227
1,264
1,301
1,663
1,523
0
1,116
2,528
2,419
2,134
2,641
4,561
3,524
3,5244,5612,6412,1342,4192,5281,11601,5231,6631,3011,2641,2271,1625278221,4161,6988678681,1791,9312,7162,7281,4071,2622,4281,8521,260
   > Total Current Liabilities 
839
1,357
1,973
851
1,179
2,642
2,716
1,931
1,179
868
867
1,698
1,416
822
527
1,162
1,227
1,264
1,301
1,663
1,466
996
1,068
2,486
2,384
2,103
2,603
4,528
3,496
3,4964,5282,6032,1032,3842,4861,0689961,4661,6631,3011,2641,2271,1625278221,4161,6988678681,1791,9312,7162,6421,1798511,9731,357839
       Short-term Debt 
702
629
567
490
311
311
272
175
78
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000078175272311311490567629702
       Short Long Term Debt 
702
629
567
490
311
311
272
175
78
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000078175272311311490567629702
       Accounts payable 
516
1,108
1,773
714
706
2,148
2,229
1,637
1,036
725
805
1,633
1,354
738
483
854
1,052
1,078
1,105
1,303
1,207
659
1,059
2,223
1,868
1,426
1,907
4,116
3,205
3,2054,1161,9071,4261,8682,2231,0596591,2071,3031,1051,0781,0528544837381,3541,6338057251,0361,6372,2292,1487067141,7731,108516
       Other Current Liabilities 
1
1
1
1
78
120
129
72
12
84
10
0
0
10
4
222
13
79
109
244
110
125
-30
166
360
495
0
302
0
03020495360166-3012511024410979132224100010841272129120781111
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57
0
48
42
35
31
38
33
29
2933383135424805700000000000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
73
0
63
55
48
48
57
52
47
4752574848556307300000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000
> Total Stockholder Equity
1,469
1,667
1,904
2,092
1,909
2,461
2,600
2,544
3,522
4,045
3,759
3,960
3,815
3,956
3,313
4,001
4,223
4,677
5,084
5,329
5,200
0
5,101
5,208
5,086
5,630
7,649
8,174
9,084
9,0848,1747,6495,6305,0865,2085,10105,2005,3295,0844,6774,2234,0013,3133,9563,8153,9603,7594,0453,5222,5442,6002,4611,9092,0921,9041,6671,469
   Common Stock
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
8,079
0
9,834
0
09,83408,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,0798,079
   Retained Earnings 
-5,249
-5,051
-4,819
-4,653
-4,707
-4,520
-4,257
-4,191
-4,122
-3,988
-3,986
-3,830
-3,730
-3,615
-3,514
-3,103
-3,049
-2,888
-2,692
-2,402
-2,325
-2,269
-2,219
-1,811
-1,551
-1,306
-1,210
-561
295
295-561-1,210-1,306-1,551-1,811-2,219-2,269-2,325-2,402-2,692-2,888-3,049-3,103-3,514-3,615-3,730-3,830-3,986-3,988-4,122-4,191-4,257-4,520-4,707-4,653-4,819-5,051-5,249
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 0-2,8240-2,486-2,785-2,403-2,102-1,952-1,897-1,691-1,647-1,857-2,149-2,318-2,595-1,851-1,878-1,631-1,676-1,389-1,778-1,344-1,222-1,098-1,464-1,334-1,356-1,361-1,361



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-10-31)

Gross Profit (+$)
totalRevenue32,326
Cost of Revenue-28,381
Gross Profit3,9453,945
 
Operating Income (+$)
Gross Profit3,945
Operating Expense-29,302
Operating Income3,024-25,357
 
Operating Expense (+$)
Research Development0
Selling General Administrative921
Selling And Marketing Expenses0
Operating Expense29,302921
 
Net Interest Income (+$)
Interest Income523
Interest Expense-14
Other Finance Cost-0
Net Interest Income509
 
Pretax Income (+$)
Operating Income3,024
Net Interest Income509
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,5582,998
EBIT - interestExpense = -14
2,238
2,252
Interest Expense14
Earnings Before Interest and Taxes (EBIT)03,572
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax3,558
Tax Provision-622
Net Income From Continuing Ops2,9372,937
Net Income2,238
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net26-509
 

Technical Analysis of Canaf Investments Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Canaf Investments Inc. The general trend of Canaf Investments Inc is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Canaf Investments Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Canaf Investments Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.27 < 0.27 < 0.27.

The bearish price targets are: 0.22 > 0.19 > 0.19.

Tweet this
Canaf Investments Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Canaf Investments Inc. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Canaf Investments Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Canaf Investments Inc. The current macd is 0.00511821.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canaf Investments Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Canaf Investments Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Canaf Investments Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Canaf Investments Inc Daily Moving Average Convergence/Divergence (MACD) ChartCanaf Investments Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Canaf Investments Inc. The current adx is 25.80.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Canaf Investments Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Canaf Investments Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Canaf Investments Inc. The current sar is 0.2580271.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Canaf Investments Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Canaf Investments Inc. The current rsi is 44.02. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Canaf Investments Inc Daily Relative Strength Index (RSI) ChartCanaf Investments Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Canaf Investments Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canaf Investments Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Canaf Investments Inc Daily Stochastic Oscillator ChartCanaf Investments Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Canaf Investments Inc. The current cci is -171.42857143.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Canaf Investments Inc Daily Commodity Channel Index (CCI) ChartCanaf Investments Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Canaf Investments Inc. The current cmo is -31.30431674.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Canaf Investments Inc Daily Chande Momentum Oscillator (CMO) ChartCanaf Investments Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Canaf Investments Inc. The current willr is -90.90909091.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Canaf Investments Inc Daily Williams %R ChartCanaf Investments Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Canaf Investments Inc.

Canaf Investments Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Canaf Investments Inc. The current atr is 0.01102481.

Canaf Investments Inc Daily Average True Range (ATR) ChartCanaf Investments Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Canaf Investments Inc. The current obv is 913,873.

Canaf Investments Inc Daily On-Balance Volume (OBV) ChartCanaf Investments Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Canaf Investments Inc. The current mfi is 24.34.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Canaf Investments Inc Daily Money Flow Index (MFI) ChartCanaf Investments Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Canaf Investments Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.

6.3. Candlestick Patterns

Canaf Investments Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Canaf Investments Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.015
Ma 20Greater thanMa 500.247
Ma 50Greater thanMa 1000.207
Ma 100Greater thanMa 2000.190
OpenGreater thanClose0.220
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Canaf Investments Inc with someone you think should read this too:
  • Are you bullish or bearish on Canaf Investments Inc? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Canaf Investments Inc? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Canaf Investments Inc

I send you an email if I find something interesting about Canaf Investments Inc.


Comments

How you think about this?

Leave a comment

Stay informed about Canaf Investments Inc.

Receive notifications about Canaf Investments Inc in your mailbox!