Cencora Stock Buy Hold or Sell Recommendation
| COR Stock | USD 258.46 2.52 0.98% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Cencora is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Cencora within the specified time frame.
Check out Cencora 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. To learn how to invest in Cencora Stock, please use our How to Invest in Cencora guide. Note, we conduct extensive research on individual companies such as Cencora and provide practical buy, sell, or hold advice based on investors' constraints. Cencora. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Cencora |
Execute Cencora Buy or Sell Advice
The Cencora recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cencora. Macroaxis does not own or have any residual interests in Cencora or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cencora's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Cencora Trading Alerts and Improvement Suggestions
| Cencora has 4.39 B in debt. Cencora has a current ratio of 0.57, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cencora to invest in growth at high rates of return. | |
| Over 94.0% of the company shares are held by institutions such as insurance companies |
Cencora Returns Distribution Density
The distribution of Cencora's historical returns is an attempt to chart the uncertainty of Cencora's future price movements. The chart of the probability distribution of Cencora daily returns describes the distribution of returns around its average expected value. We use Cencora price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cencora returns is essential to provide solid investment advice for Cencora.
| Mean Return | 0.18 | Value At Risk | -1.46 | Potential Upside | 1.98 | Standard Deviation | 1.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cencora 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.
Cencora 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 Cencora or Health Care Providers & Services 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 Cencora's price will be affected by overall stock 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 Cencora stock'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 | 0.11 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | 0.07 |
Cencora Volatility Alert
Cencora has relatively low volatility with skewness of 0.95 and kurtosis of 3.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cencora's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cencora's stock 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.Cencora Fundamentals Vs Peers
Comparing Cencora's 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 Cencora's direct or indirect competition across all of the common fundamentals between Cencora and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cencora or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cencora's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cencora by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cencora to competition |
| Fundamentals | Cencora | Peer Average |
| Return On Equity | 2.09 | -0.31 |
| Return On Asset | 0.031 | -0.14 |
| Profit Margin | 0.01 % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 51.36 B | 16.62 B |
| Shares Outstanding | 193.86 M | 571.82 M |
| Shares Owned By Insiders | 10.66 % | 10.09 % |
| Shares Owned By Institutions | 93.80 % | 39.21 % |
| Number Of Shares Shorted | 8.66 M | 4.71 M |
| Price To Earning | 82.16 X | 28.72 X |
| Price To Book | 77.57 X | 9.51 X |
| Price To Sales | 0.17 X | 11.42 X |
| Revenue | 293.96 B | 9.43 B |
| Gross Profit | 9.96 B | 27.38 B |
| EBITDA | 3.25 B | 3.9 B |
| Net Income | 1.52 B | 570.98 M |
| Cash And Equivalents | 2.59 B | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 4.39 B | 5.32 B |
| Current Ratio | 0.58 X | 2.16 X |
| Book Value Per Share | 4.01 X | 1.93 K |
| Cash Flow From Operations | 3.48 B | 971.22 M |
| Short Ratio | 7.26 X | 4.00 X |
| Earnings Per Share | 7.52 X | 3.12 X |
| Price To Earnings To Growth | 1.33 X | 4.89 X |
| Target Price | 270.81 | |
| Number Of Employees | 46 K | 18.84 K |
| Beta | 0.44 | -0.15 |
| Market Capitalization | 50.1 B | 19.03 B |
| Total Asset | 67.1 B | 29.47 B |
| Retained Earnings | 5.42 B | 9.33 B |
| Working Capital | (6.56 B) | 1.48 B |
| Current Asset | 19.09 M | 9.34 B |
Note: Disposition of 252 shares by Lazarus Krikorian of Cencora subject to Rule 16b-3 [view details]
Cencora Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cencora . 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.
About Cencora Buy or Sell Advice
When is the right time to buy or sell Cencora? Buying financial instruments such as Cencora Stock 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.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Cencora in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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Additional Tools for Cencora Stock Analysis
When running Cencora's price analysis, check to measure Cencora's 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 Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.