Cogeco Communications Stock Price on August 11, 2023
| CCA Stock | CAD 70.00 3.17 4.74% |
Below is the normalized historical share price chart for Cogeco Communications extending back to July 06, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cogeco Communications stands at 70.00, as last reported on the 29th of November, with the highest price reaching 70.00 and the lowest price hitting 66.76 during the day.
If you're considering investing in Cogeco Stock, it is important to understand the factors that can impact its price. As of now, Cogeco Stock is very steady. Cogeco Communications secures Sharpe Ratio (or Efficiency) of 0.089, which signifies that the company had a 0.089% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Cogeco Communications, which you can use to evaluate the volatility of the firm. Please confirm Cogeco Communications' Downside Deviation of 1.09, mean deviation of 0.8377, and Risk Adjusted Performance of 0.0498 to double-check if the risk estimate we provide is consistent with the expected return of 0.0929%.
At this time, Cogeco Communications' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 48.1 M, though Other Stockholder Equity is likely to grow to (14.3 M). . At this time, Cogeco Communications' Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Book Value Ratio is likely to grow to 1.26, while Price Earnings Ratio is likely to drop 7.80. Cogeco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 61.4317 | 50 Day MA 69.787 | Beta 0.604 |
Cogeco |
Sharpe Ratio = 0.089
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Cogeco Communications is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cogeco Communications by adding it to a well-diversified portfolio.
Price Book 0.9427 | Enterprise Value Ebitda 5.5544 | Price Sales 0.9437 | Shares Float 29.9 M | Dividend Share 3.416 |
Cogeco Communications Valuation on August 11, 2023
It is possible to determine the worth of Cogeco Communications on a given historical date. On August 11, 2023 Cogeco was worth 61.92 at the beginning of the trading date compared to the closed value of 61.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cogeco Communications stock. Still, in general, we apply an absolute valuation method to find Cogeco Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cogeco Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cogeco Communications' related companies.
| Open | High | Low | Close | Volume | |
| 61.37 | 62.13 | 61.00 | 61.92 | 155,692 | |
08/11/2023 | 61.92 | 62.34 | 61.49 | 61.80 | 107,520 |
| 62.09 | 62.09 | 60.16 | 60.60 | 108,522 |
| Backtest Cogeco Communications | | | Cogeco Communications History | | | Cogeco Communications Valuation | Previous | Next |
Cogeco Communications Trading Date Momentum on August 11, 2023
| On August 14 2023 Cogeco Communications was traded for 60.60 at the closing time. The maximum traded price for the trading interval was 62.09 and the lowest daily price was 60.16 . The daily volume was recorded at 108.5 K. The volume of trading on 14th of August 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.94% . The overall trading delta to the closing price today is 5.24% . |
Cogeco Communications Fundamentals Correlations and Trends
By evaluating Cogeco Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cogeco Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cogeco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cogeco Communications Stock history
Cogeco Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cogeco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cogeco Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cogeco Communications stock prices may prove useful in developing a viable investing in Cogeco Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.8 M | 48.1 M | |
| Net Income Applicable To Common Shares | 451.1 M | 322.9 M |
Cogeco Communications Stock Technical Analysis
Cogeco Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cogeco Communications Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Cogeco Communications cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cogeco Communications November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cogeco Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cogeco Communications shares will generate the highest return on investment. By undertsting and applying Cogeco Communications stock market strength indicators, traders can identify Cogeco Communications entry and exit signals to maximize returns
Cogeco Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cogeco Communications' price direction in advance. Along with the technical and fundamental analysis of Cogeco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cogeco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0498 | |||
| Jensen Alpha | 0.0204 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1871 |
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Other Information on Investing in Cogeco Stock
Cogeco Communications financial ratios help investors to determine whether Cogeco Stock 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.