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New Commerce Split Fund is listed at the TSX Exchange
New Commerce Split Fund [YCM.TO]
TSX Sector: Financial Services Industry:Asset Management

Is New Commerce Split Fund stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, New Commerce Split Fund pays dividends. Last time was Friday 8th of April 2022 where the investors holding the stock on Wednesday 30th of March 2022 were paid $0.05 per share. Over the last 8 times between 2021 and 2022, New Commerce Split Fund has paid $0.4 with an average of $0.05 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for New Commerce Split Fund 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $1.730, you would have made a profit of $3.02 per share or 174.55%

No, the average daily trading liquidity for New Commerce Split Fund is $880 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

New Commerce Split Fund has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. New Commerce Split Fund has a very good net profit margin of 119.20% and should have very high tolerances against inflation.

We have calculated the inflation risk for New Commerce Split Fund to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.