Autocanada Stock Buy Hold or Sell Recommendation

ACQ Stock  CAD 17.43  0.51  2.84%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Autocanada is 'Hold'. The recommendation algorithm takes into account all of Autocanada's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Autocanada 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.
In addition, we conduct extensive research on individual companies such as Autocanada and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Autocanada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Autocanada Buy or Sell Advice

The Autocanada recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Autocanada. Macroaxis does not own or have any residual interests in Autocanada or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Autocanada's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AutocanadaBuy Autocanada
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Autocanada has a Risk Adjusted Performance of (0.03), Jensen Alpha of (0.10), Total Risk Alpha of (0.05) and Treynor Ratio of (0.23)
Our trade advice tool can cross-verify current analyst consensus on Autocanada and to analyze the company potential to grow in the current economic cycle. To make sure Autocanada is not overpriced, please confirm all Autocanada fundamentals, including its price to book, cash per share, short ratio, as well as the relationship between the gross profit and current ratio .

Autocanada Trading Alerts and Improvement Suggestions

Autocanada generated a negative expected return over the last 90 days
Autocanada has accumulated 2.23 B in total debt with debt to equity ratio (D/E) of 4.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Autocanada has a current ratio of 0.95, 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 Autocanada until it has trouble settling it off, either with new capital or with free cash flow. So, Autocanada'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 Autocanada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Autocanada to invest in growth at high rates of return. When we think about Autocanada's use of debt, we should always consider it together with cash and equity.
Latest headline from news.google.com: AutoCanada Shares Cross Above 200-Day Moving Average - Heres What Happened - MarketBeat

Autocanada Returns Distribution Density

The distribution of Autocanada's historical returns is an attempt to chart the uncertainty of Autocanada's future price movements. The chart of the probability distribution of Autocanada daily returns describes the distribution of returns around its average expected value. We use Autocanada price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Autocanada returns is essential to provide solid investment advice for Autocanada.
Mean Return
-0.1
Value At Risk
-3.2
Potential Upside
3.25
Standard Deviation
1.98
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Autocanada 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.

Autocanada Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash52.1M(5.2M)5.8M(5.2M)(4.6M)(4.4M)
Free Cash Flow116.9M78.4M95.3M40.0M46.0M35.7M
Depreciation42.1M43.7M52.0M59.0M67.9M71.2M
Other Non Cash Items21.9M(94.1M)(2.1M)(60.2M)(54.2M)(51.5M)
Capital Expenditures21.0M34.6M52.7M77.4M89.0M93.5M
Net Income(6.6M)167.2M91.1M50.5M58.1M61.0M
End Period Cash Flow107.7M102.5M108.3M103.1M118.6M65.6M
Change To Inventory137.0M(5.1M)(223.9M)(175.9M)(158.3M)(150.4M)
Investments(35.1M)(215.4M)(228.0M)(125.4M)(112.9M)(118.5M)
Net Borrowings(136.3M)(39.3M)96.9M214.9M247.1M259.5M
Change To Netincome51.4M30.9M(53.4M)37.1M42.7M25.0M

Autocanada 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 Autocanada or Specialty Retail 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 Autocanada'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 Autocanada 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 Jones0.49
σ
Overall volatility
2.04
Ir
Information ratio -0.05

Autocanada Volatility Alert

Autocanada exhibits very low volatility with skewness of 0.28 and kurtosis of -0.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Autocanada'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 Autocanada'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.

Autocanada Fundamentals Vs Peers

Comparing Autocanada'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 Autocanada's direct or indirect competition across all of the common fundamentals between Autocanada and the related equities. This way, we can detect undervalued stocks with similar characteristics as Autocanada or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Autocanada's fundamental indicators could also be used in its relative valuation, which is a method of valuing Autocanada by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Autocanada to competition
FundamentalsAutocanadaPeer Average
Return On Equity-0.0931-0.31
Return On Asset0.0269-0.14
Profit Margin(0.01) %(1.27) %
Operating Margin0.04 %(5.51) %
Current Valuation2.53 B16.62 B
Shares Outstanding23.14 M571.82 M
Shares Owned By Insiders4.89 %10.09 %
Shares Owned By Institutions50.19 %39.21 %
Number Of Shares Shorted181.64 K4.71 M
Price To Earning5.33 X28.72 X
Price To Book0.83 X9.51 X
Price To Sales0.07 X11.42 X
Revenue6.44 B9.43 B
Gross Profit1.02 B27.38 B
EBITDA217.3 M3.9 B
Net Income50.49 M570.98 M
Cash Per Share2.86 X5.01 X
Total Debt2.23 B5.32 B
Debt To Equity4.73 %48.70 %
Current Ratio0.97 X2.16 X
Book Value Per Share21.51 X1.93 K
Cash Flow From Operations119.53 M971.22 M
Short Ratio7.29 X4.00 X
Earnings Per Share(2.15) X3.12 X
Price To Earnings To Growth0.62 X4.89 X
Target Price19.63
Beta2.48-0.15
Market Capitalization403.36 M19.03 B
Total Asset3.16 B29.47 B
Retained Earnings139.9 M9.33 B
Working Capital60.53 M1.48 B
Current Asset792.81 M9.34 B
Current Liabilities669.66 M7.9 B

Autocanada Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Autocanada . 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.

About Autocanada Buy or Sell Advice

When is the right time to buy or sell Autocanada? Buying financial instruments such as Autocanada 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.

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Other Information on Investing in Autocanada Stock

Autocanada financial ratios help investors to determine whether Autocanada 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 Autocanada with respect to the benefits of owning Autocanada security.