Cogeco Inc Stock Price Prediction
| CGO Stock | CAD 59.42 0.17 0.29% |
Oversold Vs Overbought
54
Oversold | Overbought |
Quarterly Earnings Growth 0.07 | EPS Estimate Current Year 8.73 | EPS Estimate Next Year 11.05 | Wall Street Target Price 85.5 | EPS Estimate Current Quarter 2.25 |
Using Cogeco hype-based prediction, you can estimate the value of Cogeco Inc from the perspective of Cogeco response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Cogeco to buy its stock at a price that has no basis in reality. In that case, they are not buying Cogeco because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cogeco after-hype prediction price | CAD 59.44 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Cogeco |
Cogeco After-Hype Price Prediction Density Analysis
As far as predicting the price of Cogeco at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cogeco or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cogeco, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cogeco Estimiated After-Hype Price Volatility
In the context of predicting Cogeco's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cogeco's historical news coverage. Cogeco's after-hype downside and upside margins for the prediction period are 58.25 and 60.63, respectively. We have considered Cogeco's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cogeco is very steady at this time. Analysis and calculation of next after-hype price of Cogeco Inc is based on 3 months time horizon.
Cogeco Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cogeco is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cogeco backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cogeco, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.19 | 1.19 | 0.03 | 0.02 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
59.42 | 59.44 | 0.03 |
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Cogeco Hype Timeline
Cogeco Inc is currently traded for 59.42on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of 0.02. Cogeco is estimated to increase in value after the next headline, with the price projected to jump to 59.44 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.03%, whereas the daily expected return is currently at 0.19%. The volatility of related hype on Cogeco is about 1416.67%, with the expected price after the next announcement by competition of 59.44. The company reported the revenue of 3.07 B. Net Income was 96.75 M with profit before overhead, payroll, taxes, and interest of 1.41 B. Assuming the 90 days trading horizon the next estimated press release will be in a few days. Check out Cogeco Basic Forecasting Models to cross-verify your projections.Cogeco Related Hype Analysis
Having access to credible news sources related to Cogeco's direct competition is more important than ever and may enhance your ability to predict Cogeco's future price movements. Getting to know how Cogeco's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cogeco may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CCA | Cogeco Communications | 0.83 | 3 per month | 1.00 | (0.06) | 1.64 | (1.62) | 4.06 | |
| QBR-B | Quebecor | (0.53) | 2 per month | 0.00 | (0.14) | 1.69 | (2.21) | 5.63 | |
| TCL-A | Transcontinental | (0.35) | 2 per month | 1.07 | (0.06) | 1.85 | (1.85) | 6.97 | |
| SJ | Stella Jones | (0.56) | 2 per month | 0.00 | (0.22) | 2.49 | (2.36) | 17.72 | |
| IAG | iA Financial | 1.03 | 1 per month | 0.60 | 0.14 | 1.43 | (1.77) | 18.65 |
Cogeco Additional Predictive Modules
Most predictive techniques to examine Cogeco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cogeco using various technical indicators. When you analyze Cogeco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Cogeco Predictive Indicators
The successful prediction of Cogeco stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cogeco Inc, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cogeco based on analysis of Cogeco hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cogeco's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cogeco's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0396 | 0.058 | 0.0618 | 0.0649 | Price To Sales Ratio | 0.33 | 0.25 | 0.2 | 0.19 |
Story Coverage note for Cogeco
The number of cover stories for Cogeco depends on current market conditions and Cogeco's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cogeco is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cogeco's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Cogeco Short Properties
Cogeco's future price predictability will typically decrease when Cogeco's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cogeco Inc often depends not only on the future outlook of the potential Cogeco's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cogeco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 11.3 M | |
| Cash And Short Term Investments | 77.7 M |
Other Information on Investing in Cogeco Stock
Cogeco 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 security.