CECO ENVIRONMENTAL (Germany) Buy Hold or Sell Recommendation
| WCE Stock | 29.84 0.46 1.57% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding CECO ENVIRONMENTAL is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CECO ENVIRONMENTAL given historical horizon and risk tolerance towards CECO ENVIRONMENTAL. When Macroaxis issues a 'buy' or 'sell' recommendation for CECO ENVIRONMENTAL, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out CECO ENVIRONMENTAL 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 CECO and provide practical buy, sell, or hold advice based on investors' constraints. CECO ENVIRONMENTAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
CECO |
Execute CECO ENVIRONMENTAL Buy or Sell Advice
The CECO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CECO ENVIRONMENTAL. Macroaxis does not own or have any residual interests in CECO ENVIRONMENTAL or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CECO ENVIRONMENTAL's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
CECO ENVIRONMENTAL Trading Alerts and Improvement Suggestions
| CECO ENVIRONMENTAL had very high historical volatility over the last 90 days |
CECO ENVIRONMENTAL Returns Distribution Density
The distribution of CECO ENVIRONMENTAL's historical returns is an attempt to chart the uncertainty of CECO ENVIRONMENTAL's future price movements. The chart of the probability distribution of CECO ENVIRONMENTAL daily returns describes the distribution of returns around its average expected value. We use CECO ENVIRONMENTAL price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CECO ENVIRONMENTAL returns is essential to provide solid investment advice for CECO ENVIRONMENTAL.
| Mean Return | 0.31 | Value At Risk | -4.25 | Potential Upside | 5.30 | Standard Deviation | 3.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CECO ENVIRONMENTAL 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.
CECO ENVIRONMENTAL 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 CECO ENVIRONMENTAL or Other 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 CECO ENVIRONMENTAL'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 CECO 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 | 0.1 | |
β | Beta against Dow Jones | 1.73 | |
σ | Overall volatility | 3.89 | |
Ir | Information ratio | 0.05 |
CECO ENVIRONMENTAL Volatility Alert
CECO ENVIRONMENTAL 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 CECO ENVIRONMENTAL'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 CECO ENVIRONMENTAL'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.CECO ENVIRONMENTAL Fundamentals Vs Peers
Comparing CECO ENVIRONMENTAL'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 CECO ENVIRONMENTAL's direct or indirect competition across all of the common fundamentals between CECO ENVIRONMENTAL and the related equities. This way, we can detect undervalued stocks with similar characteristics as CECO ENVIRONMENTAL or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CECO ENVIRONMENTAL's fundamental indicators could also be used in its relative valuation, which is a method of valuing CECO ENVIRONMENTAL by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CECO ENVIRONMENTAL to competition |
| Fundamentals | CECO ENVIRONMENTAL | Peer Average |
| Current Valuation | 479.07 M | 16.62 B |
| Price To Book | 2.06 X | 9.51 X |
| Price To Sales | 1.06 X | 11.42 X |
| Revenue | 324.14 M | 9.43 B |
| EBITDA | 17.48 M | 3.9 B |
| Net Income | 1.43 M | 570.98 M |
| Total Debt | 61.58 M | 5.32 B |
| Cash Flow From Operations | 13.3 M | 971.22 M |
| Price To Earnings To Growth | 0.87 X | 4.89 X |
| Total Asset | 416.2 M | 29.47 B |
| Net Asset | 416.2 M |
CECO ENVIRONMENTAL Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CECO . 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 | 1.02 | |||
| Day Median Price | 29.84 | |||
| Day Typical Price | 29.84 | |||
| Price Action Indicator | 0.23 | |||
| Period Momentum Indicator | 0.46 |
About CECO ENVIRONMENTAL Buy or Sell Advice
When is the right time to buy or sell CECO ENVIRONMENTAL? Buying financial instruments such as CECO 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 CECO ENVIRONMENTAL 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 Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Additional Tools for CECO Stock Analysis
When running CECO ENVIRONMENTAL's price analysis, check to measure CECO ENVIRONMENTAL'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 CECO ENVIRONMENTAL is operating at the current time. Most of CECO ENVIRONMENTAL's value examination focuses on studying past and present price action to predict the probability of CECO ENVIRONMENTAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CECO ENVIRONMENTAL's price. Additionally, you may evaluate how the addition of CECO ENVIRONMENTAL to your portfolios can decrease your overall portfolio volatility.