Cogeco Communications Stock Performance
| CCA Stock | CAD 68.99 0.24 0.35% |
Cogeco Communications has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cogeco Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cogeco Communications is expected to be smaller as well. Cogeco Communications right now shows a risk of 0.99%. Please confirm Cogeco Communications maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Cogeco Communications will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Cogeco Communications are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Cogeco Communications may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0535 | Payout Ratio 0.4437 | Forward Dividend Rate 3.69 | Dividend Date 2024-11-28 | Ex Dividend Date 2024-11-14 |
1 | Cogeco Communications investors are sitting on a loss of 34 percent if they invested three years ago - Simply Wall St | 09/10/2024 |
| Begin Period Cash Flow | 362.9 M |
Cogeco |
Cogeco Communications Relative Risk vs. Return Landscape
If you would invest 6,460 in Cogeco Communications on August 24, 2024 and sell it today you would earn a total of 439.00 from holding Cogeco Communications or generate 6.8% return on investment over 90 days. Cogeco Communications is generating 0.1109% of daily returns assuming 0.9926% volatility of returns over the 90 days investment horizon. Simply put, 8% of all stocks have less volatile historical return distribution than Cogeco Communications, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cogeco Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogeco Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cogeco Communications, and traders can use it to determine the average amount a Cogeco Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1118
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cogeco Communications is performing at about 8% 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.
Cogeco Communications Fundamentals Growth
Cogeco Stock prices reflect investors' perceptions of the future prospects and financial health of Cogeco Communications, and Cogeco Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cogeco Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0494 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 7.65 B | ||||
| Shares Outstanding | 30.03 M | ||||
| Price To Earning | 12.08 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 0.97 X | ||||
| Revenue | 2.98 B | ||||
| Gross Profit | 1.42 B | ||||
| EBITDA | 1.43 B | ||||
| Net Income | 335.53 M | ||||
| Cash And Equivalents | 29.26 M | ||||
| Cash Per Share | 7.68 X | ||||
| Total Debt | 367.04 M | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 70.90 X | ||||
| Cash Flow From Operations | 1.18 B | ||||
| Earnings Per Share | 7.83 X | ||||
| Market Capitalization | 2.88 B | ||||
| Total Asset | 9.68 B | ||||
| Retained Earnings | 2 B | ||||
| Working Capital | (617.44 M) | ||||
| Current Asset | 207.67 M | ||||
| Current Liabilities | 474.98 M | ||||
About Cogeco Communications Performance
By examining Cogeco Communications' fundamental ratios, stakeholders can obtain critical insights into Cogeco Communications' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Cogeco Communications is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.86 | 0.81 | |
| Return On Tangible Assets | 0.09 | 0.05 | |
| Return On Capital Employed | 0.09 | 0.08 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.11 | 0.06 |
Things to note about Cogeco Communications performance evaluation
Checking the ongoing alerts about Cogeco Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cogeco Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Cogeco Communications' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Cogeco Communications' stock performance include:- Analyzing Cogeco Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cogeco Communications' stock is overvalued or undervalued compared to its peers.
- Examining Cogeco Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cogeco Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cogeco Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cogeco Communications' stock. These opinions can provide insight into Cogeco Communications' potential for growth and whether the stock is currently undervalued or overvalued.
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.