Cogeco Financial Statements From 2010 to 2025
| CCA Stock | CAD 67.27 0.63 0.93% |
Check Cogeco Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogeco Communications' main balance sheet or income statement drivers, such as , as well as many indicators such as . Cogeco financial statements analysis is a perfect complement when working with Cogeco Communications Valuation or Volatility modules.
Cogeco |
Cogeco Communications Company Operating Margin Analysis
Cogeco Communications' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Cogeco Communications Operating Margin | 0.26 % |
Most of Cogeco Communications' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cogeco Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Based on the recorded statements, Cogeco Communications has an Operating Margin of 0.2563%. This is 96.39% lower than that of the Diversified Telecommunication Services sector and 78.99% lower than that of the Communication Services industry. The operating margin for all Canada stocks is 104.65% lower than that of the firm.
Cogeco Communications Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cogeco Communications's current stock value. Our valuation model uses many indicators to compare Cogeco Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cogeco Communications competition to find correlations between indicators driving Cogeco Communications's intrinsic value. More Info.Cogeco Communications is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cogeco Communications is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Cogeco Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cogeco Communications' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Cogeco Communications Financial Statements
Cogeco Communications investors utilize fundamental indicators, such as revenue or net income, to predict how Cogeco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Cogeco Communications Inc. operates as a communications corporation in North America. Cogeco Communications Inc. was founded in 1972 and is headquartered in Montreal, Canada. COGECO COMMUNICATIONS operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3740 people.
Pair Trading with Cogeco Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cogeco Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cogeco Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Cogeco Stock
| 0.63 | MFC-PN | Manulife Financial Corp | PairCorr |
| 0.61 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.58 | SEVN-P | Seven Oaks Capital | PairCorr |
The ability to find closely correlated positions to Cogeco Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogeco Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cogeco Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cogeco Communications to buy it.
The correlation of Cogeco Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cogeco Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogeco Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cogeco Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.