Cogeco Communications Stock Buy Hold or Sell Recommendation
| CGEAF Stock | USD 48.14 0.14 0.29% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Cogeco Communications is 'Strong Sell'. Macroaxis provides Cogeco Communications buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CGEAF positions.
Check out Cogeco Communications Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Cogeco and provide practical buy, sell, or hold advice based on investors' constraints. Cogeco Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cogeco |
Execute Cogeco Communications Buy or Sell Advice
The Cogeco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cogeco Communications. Macroaxis does not own or have any residual interests in Cogeco Communications or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cogeco Communications' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Soft | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Cogeco Communications Trading Alerts and Improvement Suggestions
| Cogeco Communications has accumulated 4.3 B in total debt with debt to equity ratio (D/E) of 1.47, which is about average as compared to similar companies. Cogeco Communications has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cogeco Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Cogeco Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cogeco Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cogeco to invest in growth at high rates of return. When we think about Cogeco Communications' use of debt, we should always consider it together with cash and equity. | |
| About 37.0% of Cogeco Communications shares are held by company insiders |
Cogeco Communications Returns Distribution Density
The distribution of Cogeco Communications' historical returns is an attempt to chart the uncertainty of Cogeco Communications' future price movements. The chart of the probability distribution of Cogeco Communications daily returns describes the distribution of returns around its average expected value. We use Cogeco Communications price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cogeco Communications returns is essential to provide solid investment advice for Cogeco Communications.
| Mean Return | 0.01 | Value At Risk | -2.57 | Potential Upside | 1.81 | Standard Deviation | 1.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cogeco Communications historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cogeco Communications Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cogeco Communications or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cogeco Communications' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cogeco pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0069 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | -0.05 |
Cogeco Communications Volatility Alert
Cogeco Communications shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cogeco Communications' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cogeco Communications' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cogeco Communications Fundamentals Vs Peers
Comparing Cogeco Communications' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cogeco Communications' direct or indirect competition across all of the common fundamentals between Cogeco Communications and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cogeco Communications or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Cogeco Communications' fundamental indicators could also be used in its relative valuation, which is a method of valuing Cogeco Communications by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cogeco Communications to competition |
| Fundamentals | Cogeco Communications | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0531 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 5.69 B | 16.62 B |
| Shares Outstanding | 29.1 M | 571.82 M |
| Shares Owned By Insiders | 37.16 % | 10.09 % |
| Shares Owned By Institutions | 24.26 % | 39.21 % |
| Price To Earning | 8.46 X | 28.72 X |
| Price To Book | 1.30 X | 9.51 X |
| Price To Sales | 0.88 X | 11.42 X |
| Revenue | 2.9 B | 9.43 B |
| Gross Profit | 1.42 B | 27.38 B |
| EBITDA | 1.36 B | 3.9 B |
| Net Income | 423.3 M | 570.98 M |
| Cash And Equivalents | 370.9 M | 2.7 B |
| Cash Per Share | 8.10 X | 5.01 X |
| Total Debt | 4.3 B | 5.32 B |
| Debt To Equity | 1.47 % | 48.70 % |
| Current Ratio | 0.54 X | 2.16 X |
| Book Value Per Share | 63.13 X | 1.93 K |
| Cash Flow From Operations | 1.24 B | 971.22 M |
| Earnings Per Share | 6.93 X | 3.12 X |
| Number Of Employees | 41 | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 2.33 B | 19.03 B |
| Total Asset | 9.28 B | 29.47 B |
| Annual Yield | 0.04 % | |
| Five Year Return | 2.44 % | |
| Net Asset | 9.28 B | |
| Last Dividend Paid | 2.89 |
Cogeco Communications Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cogeco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 48.14 | |||
| Day Typical Price | 48.14 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.14 | |||
| Relative Strength Index | 62.98 |
About Cogeco Communications Buy or Sell Advice
When is the right time to buy or sell Cogeco Communications? Buying financial instruments such as Cogeco Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in Cogeco Pink Sheet
Cogeco Communications financial ratios help investors to determine whether Cogeco Pink Sheet 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 Cogeco with respect to the benefits of owning Cogeco Communications security.