California-Engels OTC Pink Sheet Today

CAEN
 Stock
  

USD 2.65  0.00  0.00%   

Market Performance
0 of 100
Odds Of Distress
Less than 50
California-Engels is selling for 2.65 as of the 2nd of December 2022. This is a No Change since the beginning of the trading day. The stock's open price was 2.65. California-Engels has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for California-Engels Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2022 and ending today, the 2nd of December 2022. Click here to learn more.
Fiscal Year End
December
Business Domain
Materials
Category
Basic Materials
Classification
Materials
California-Engels Mining Company engages in developing mineral and timber properties in the western United States. The company was incorporated in 1901 and is based in Greenville, California. California-Engels operates under Copper classification in the United States and is traded on OTC Exchange.. The company has 753 K outstanding shares of which 0 shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on California-Engels Mining

Moving against California-Engels

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Follow Valuation Daily Balance Of Power
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California-Engels OTC 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. California-Engels' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding California-Engels or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
California-Engels generated a negative expected return over the last 90 days
California-Engels has high historical volatility and very poor performance
California-Engels has high likelihood to experience some financial distress in the next 2 years
CEO and President and DirectorNorman Lamb
Thematic IdeaCopper (view all)
Fama & French Classification
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of California-Engels' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
California-Engels Mining [CAEN] is a Pink Sheet which is traded between brokers over the counter. California-Engels is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with current market capitalization of 2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate California-Engels's market, we take the total number of its shares issued and multiply it by California-Engels'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 these looking for more risk prefer small-cap and mid-cap equities. California-Engels Mining conducts business under Paper & Forest Products sector and is part of Materials industry. The entity has 753 K outstanding shares of which 0 shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. California-Engels Mining currently holds about 50.81 K in cash with 2.34 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check California-Engels Probability Of Bankruptcy

California-Engels Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of California-Engels jumping above the current price in 90 days from now is close to 99%. The California-Engels Mining probability density function shows the probability of California-Engels otc pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days California-Engels Mining has a beta of -0.0713 suggesting as returns on benchmark increase, returns on holding California-Engels are expected to decrease at a much lower rate. During the bear market, however, California-Engels Mining is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. California-Engels Mining is significantly underperforming NYSE Composite.
  Odds Below 2.65HorizonTargetOdds Above 2.65
0.00%90 days
 2.65 
100.00%
Based on a normal probability distribution, the odds of California-Engels to move above the current price in 90 days from now is close to 99 (This California-Engels Mining probability density function shows the probability of California-Engels OTC Pink Sheet to fall within a particular range of prices over 90 days) .

California-Engels Mining Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. California-Engels market risk premium is the additional return an investor will receive from holding California-Engels 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 California-Engels. 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 California-Engels' alpha and beta are two of the key measurements used to evaluate California-Engels' performance over the market, the standard measures of volatility play an important role as well.

California-Engels Stock Against Markets

Picking the right benchmark for California-Engels otc 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 California-Engels otc 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 California-Engels is critical whether you are bullish or bearish towards California-Engels Mining at a given time.
The entity California-Engels Mining with a symbol CAEN was recently relisted or delisted. You can potentially use California-Engels Mining with a symbol CAEN. Please make sure the ticker renaming or change in the classification of California-Engels Mining is not a temporary action by the exchange.

Invested in California-Engels Mining?

The danger of trading California-Engels Mining 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 California-Engels 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 California-Engels. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile California-Engels Mining 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.
Continue to Trending Equities. Note that the California-Engels Mining information on this page should be used as a complementary analysis to other California-Engels' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running California-Engels Mining price analysis, check to measure California-Engels' 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 California-Engels is operating at the current time. Most of California-Engels' value examination focuses on studying past and present price action to predict the probability of California-Engels' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move California-Engels' price. Additionally, you may evaluate how the addition of California-Engels to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between California-Engels' value and its price as these two are different measures arrived at by different means. Investors typically determine California-Engels value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California-Engels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.