Conico (Australia) Buy Hold or Sell Recommendation
| CNJ Stock | 0.01 0.00 0.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Conico is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Conico given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Conico, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Conico 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, we conduct extensive research on individual companies such as Conico and provide practical buy, sell, or hold advice based on investors' constraints. Conico. 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.
Conico |
Execute Conico Buy or Sell Advice
The Conico recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Conico. Macroaxis does not own or have any residual interests in Conico or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Conico's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Conico Trading Alerts and Improvement Suggestions
| Conico generated a negative expected return over the last 90 days | |
| Conico has high historical volatility and very poor performance | |
| Conico has some characteristics of a very speculative penny stock | |
| Conico has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (35.08 M) with profit before overhead, payroll, taxes, and interest of 82.15 K. | |
| Conico generates negative cash flow from operations | |
| About 13.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Conico Limited Passes Key Resolutions to Boost Flexibility - TipRanks |
Conico Returns Distribution Density
The distribution of Conico's historical returns is an attempt to chart the uncertainty of Conico's future price movements. The chart of the probability distribution of Conico daily returns describes the distribution of returns around its average expected value. We use Conico price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Conico returns is essential to provide solid investment advice for Conico.
| Mean Return | 0.00 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 15.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Conico 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.
Conico Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 40.3K | 3.7M | 998.5K | (4.2M) | (305.1K) | (289.9K) | |
| Free Cash Flow | (661.3K) | (2.7M) | (7.7M) | (8.2M) | (909.8K) | (955.3K) | |
| Depreciation | 1.0K | 5.8K | 5.1K | 9.6K | 34.4M | 36.1M | |
| Other Non Cash Items | 8.3K | 7.4K | (94.8K) | (83.6K) | 88.0K | 59.0K | |
| Capital Expenditures | 472.7K | 2.1M | 6.9M | 7.4M | 331.3K | 314.7K | |
| Net Income | (350.0K) | (995.1K) | (940.2K) | (885.7K) | (35.1M) | (33.3M) | |
| End Period Cash Flow | 171.4K | 3.9M | 4.9M | 733.9K | 428.8K | 407.4K | |
| Change To Netincome | 8.3K | 194.1K | 6.1K | 5.3K | 6.1K | 5.8K | |
| Investments | (472.7K) | (3.3M) | (6.9M) | (7.4M) | (331.3K) | (347.8K) |
Conico 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 Conico or Metals & Mining 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 Conico'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 Conico 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 | -0.22 | |
β | Beta against Dow Jones | 3.60 | |
σ | Overall volatility | 6.25 | |
Ir | Information ratio | -0.0045 |
Conico Volatility Alert
Conico is displaying above-average volatility over the selected time horizon. Conico is a penny stock. Although Conico may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Conico. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Conico instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Conico Fundamentals Vs Peers
Comparing Conico'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 Conico's direct or indirect competition across all of the common fundamentals between Conico and the related equities. This way, we can detect undervalued stocks with similar characteristics as Conico or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Conico's fundamental indicators could also be used in its relative valuation, which is a method of valuing Conico by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Conico to competition |
| Fundamentals | Conico | Peer Average |
| Return On Equity | -1.72 | -0.31 |
| Return On Asset | -1.05 | -0.14 |
| Current Valuation | 1.77 M | 16.62 B |
| Shares Outstanding | 220.15 M | 571.82 M |
| Shares Owned By Insiders | 13.07 % | 10.09 % |
| Price To Book | 0.68 X | 9.51 X |
| Price To Sales | 6.74 X | 11.42 X |
| Revenue | (1) | 9.43 B |
| Gross Profit | 82.15 K | 27.38 B |
| EBITDA | (35.05 M) | 3.9 B |
| Net Income | (35.08 M) | 570.98 M |
| Total Debt | 254.74 K | 5.32 B |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (578.52 K) | 971.22 M |
| Earnings Per Share | (0.22) X | 3.12 X |
| Beta | 1.18 | -0.15 |
| Market Capitalization | 220.15 K | 19.03 B |
| Total Asset | 3.47 M | 29.47 B |
| Retained Earnings | (42.38 M) | 9.33 B |
| Working Capital | 227.8 K | 1.48 B |
| Net Asset | 3.47 M |
Conico Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Conico . 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 Conico Buy or Sell Advice
When is the right time to buy or sell Conico? Buying financial instruments such as Conico 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.
Use Investing Ideas to Build Portfolios
In addition to having Conico 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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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Synthetics Theme or any other thematic opportunities.
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Additional Tools for Conico Stock Analysis
When running Conico's price analysis, check to measure Conico'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 Conico is operating at the current time. Most of Conico's value examination focuses on studying past and present price action to predict the probability of Conico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conico's price. Additionally, you may evaluate how the addition of Conico to your portfolios can decrease your overall portfolio volatility.