Cogeco Inc Stock Buy Hold or Sell Recommendation
| CGECF Stock | USD 37.80 1.80 4.55% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Cogeco Inc is 'Not Rated'. Macroaxis provides Cogeco buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Cogeco positions. The advice algorithm takes into account all of Cogeco's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cogeco's buy or sell advice are summarized below:
Real Value 32.19 | Hype Value 33.51 | Market Value 37.8 | Naive Value 40.45 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cogeco Inc given historical horizon and risk tolerance towards Cogeco. When Macroaxis issues a 'buy' or 'sell' recommendation for Cogeco Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Cogeco |
Execute Cogeco 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 Inc. Macroaxis does not own or have any residual interests in Cogeco Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cogeco's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Cogeco Trading Alerts and Improvement Suggestions
| Cogeco Inc generated a negative expected return over the last 90 days | |
| The company has accumulated 4.4 B in total debt with debt to equity ratio (D/E) of 1.45, which is about average as compared to similar companies. Cogeco Inc has a current ratio of 0.54, 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 until it has trouble settling it off, either with new capital or with free cash flow. So, Cogeco's 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 Inc 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's use of debt, we should always consider it together with cash and equity. | |
| About 43.0% of Cogeco shares are held by company insiders |
Cogeco Returns Distribution Density
The distribution of Cogeco's historical returns is an attempt to chart the uncertainty of Cogeco's future price movements. The chart of the probability distribution of Cogeco daily returns describes the distribution of returns around its average expected value. We use Cogeco Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cogeco returns is essential to provide solid investment advice for Cogeco.
| Mean Return | -0.25 | Value At Risk | -4.55 | Potential Upside | 1.62 | Standard Deviation | 1.59 |
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 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 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 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's 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 NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 0.49 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | -0.19 |
Cogeco Volatility Alert
Cogeco Inc exhibits very low volatility with skewness of -2.02 and kurtosis of 4.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cogeco's 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's 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 Fundamentals Vs Peers
Comparing Cogeco'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 Cogeco's direct or indirect competition across all of the common fundamentals between Cogeco and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cogeco or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Cogeco's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cogeco by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cogeco to competition |
| Fundamentals | Cogeco | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0526 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.26 % | (5.51) % |
| Current Valuation | 4 B | 16.62 B |
| Shares Outstanding | 14.14 M | 571.82 M |
| Shares Owned By Insiders | 43.38 % | 10.09 % |
| Shares Owned By Institutions | 21.81 % | 39.21 % |
| Price To Earning | 6.21 X | 28.72 X |
| Price To Book | 1.01 X | 9.51 X |
| Price To Sales | 0.24 X | 11.42 X |
| Revenue | 3 B | 9.43 B |
| Gross Profit | 1.41 B | 27.38 B |
| EBITDA | 1.37 B | 3.9 B |
| Net Income | 149.11 M | 570.98 M |
| Cash And Equivalents | 379 M | 2.7 B |
| Cash Per Share | 24.13 X | 5.01 X |
| Total Debt | 4.4 B | 5.32 B |
| Debt To Equity | 1.45 % | 48.70 % |
| Current Ratio | 0.55 X | 2.16 X |
| Book Value Per Share | 61.17 X | 1.93 K |
| Cash Flow From Operations | 1.26 B | 971.22 M |
| Earnings Per Share | 7.21 X | 3.12 X |
| Number Of Employees | 29 | 18.84 K |
| Beta | 0.3 | -0.15 |
| Market Capitalization | 721.72 M | 19.03 B |
| Total Asset | 9.47 B | 29.47 B |
| Annual Yield | 0.05 % | |
| Net Asset | 9.47 B | |
| Last Dividend Paid | 2.61 |
Cogeco 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 | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 37.8 | |||
| Day Typical Price | 37.8 | |||
| Price Action Indicator | (0.90) | |||
| Period Momentum Indicator | (1.80) | |||
| Relative Strength Index | 29.71 |
About Cogeco Buy or Sell Advice
When is the right time to buy or sell Cogeco Inc? 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.
Please read more on our stock advisor page.
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In addition to having Cogeco 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?
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Check out Cogeco 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 that the Cogeco Inc information on this page should be used as a complementary analysis to other Cogeco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Cogeco Pink Sheet analysis
When running Cogeco's price analysis, check to measure Cogeco'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 Cogeco is operating at the current time. Most of Cogeco's value examination focuses on studying past and present price action to predict the probability of Cogeco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogeco's price. Additionally, you may evaluate how the addition of Cogeco to your portfolios can decrease your overall portfolio volatility.
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