Atco Stock Buy Hold or Sell Recommendation
| ACO-Y Stock | CAD 38.50 0.05 0.13% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding ATCO is 'Cautious Hold'. Macroaxis provides ATCO buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATCO positions. The advice algorithm takes into account all of ATCO's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ATCO's buy or sell advice are summarized below:
Real Value 36.56 | Hype Value 38.5 | Market Value 38.5 | Naive Value 39.65 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ATCO given historical horizon and risk tolerance towards ATCO. When Macroaxis issues a 'buy' or 'sell' recommendation for ATCO, the advice is generated through an automated system that utilizes algorithms and statistical models.
ATCO |
Execute ATCO Buy or Sell Advice
The ATCO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ATCO. Macroaxis does not own or have any residual interests in ATCO or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ATCO's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
ATCO Trading Alerts and Improvement Suggestions
| ATCO generated a negative expected return over the last 90 days | |
| ATCO has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 93.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ATCO PT Lowered to C41.00 at Scotiabank - MarketBeat |
ATCO Returns Distribution Density
The distribution of ATCO's historical returns is an attempt to chart the uncertainty of ATCO's future price movements. The chart of the probability distribution of ATCO daily returns describes the distribution of returns around its average expected value. We use ATCO price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ATCO returns is essential to provide solid investment advice for ATCO.
| Mean Return | -0.0077 | Value At Risk | -1.9 | Potential Upside | 2.38 | Standard Deviation | 1.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ATCO 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.
ATCO 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 ATCO or Electric Utilities 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 ATCO'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 ATCO 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 NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 0.16 | |
σ | Overall volatility | 1.96 | |
Ir | Information ratio | -0.05 |
ATCO Volatility Alert
ATCO exhibits very low volatility with skewness of 1.09 and kurtosis of 13.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ATCO'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 ATCO'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.ATCO Fundamentals Vs Peers
Comparing ATCO'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 ATCO's direct or indirect competition across all of the common fundamentals between ATCO and the related equities. This way, we can detect undervalued stocks with similar characteristics as ATCO or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ATCO's fundamental indicators could also be used in its relative valuation, which is a method of valuing ATCO by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ATCO to competition |
| Fundamentals | ATCO | Peer Average |
| Return On Equity | 0.0973 | -0.31 |
| Return On Asset | 0.0314 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 18.95 B | 16.62 B |
| Shares Outstanding | 12.43 M | 571.82 M |
| Shares Owned By Insiders | 92.91 % | 10.09 % |
| Number Of Shares Shorted | 5.21 K | 4.71 M |
| Price To Earning | 10.28 X | 28.72 X |
| Price To Book | 0.98 X | 9.51 X |
| Price To Sales | 0.87 X | 11.42 X |
| Revenue | 4.74 B | 9.43 B |
| Gross Profit | 3.12 B | 27.38 B |
| EBITDA | 1.97 B | 3.9 B |
| Net Income | 432 M | 570.98 M |
| Cash And Equivalents | 544 M | 2.7 B |
| Cash Per Share | 4.76 X | 5.01 X |
| Total Debt | 531 M | 5.32 B |
| Debt To Equity | 129.70 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 39.44 X | 1.93 K |
| Cash Flow From Operations | 1.97 B | 971.22 M |
| Short Ratio | 35.73 X | 4.00 X |
| Earnings Per Share | 3.82 X | 3.12 X |
| Number Of Employees | 20.18 K | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 4.15 B | 19.03 B |
| Total Asset | 25.36 B | 29.47 B |
| Retained Earnings | 4.22 B | 9.33 B |
| Working Capital | 220 M | 1.48 B |
| Annual Yield | 0.05 % | |
| Five Year Return | 2.71 % | |
| Net Asset | 25.36 B |
ATCO Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ATCO . 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 | 1.0 | |||
| Day Median Price | 38.5 | |||
| Day Typical Price | 38.5 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.05) |
About ATCO Buy or Sell Advice
When is the right time to buy or sell ATCO? Buying financial instruments such as ATCO 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.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 159M | 239M | 107M | 156.6M | Total Assets | 23.0B | 24.1B | 25.4B | 25.6B |
Use Investing Ideas to Build Portfolios
In addition to having ATCO 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?
Run Rubber and Plastic Products Thematic Idea Now
Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 constituents at this time.
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 Rubber and Plastic Products Theme or any other thematic opportunities.
| View All Next | Launch |
Check out ATCO 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. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for ATCO Stock analysis
When running ATCO's price analysis, check to measure ATCO'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 ATCO is operating at the current time. Most of ATCO's value examination focuses on studying past and present price action to predict the probability of ATCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATCO's price. Additionally, you may evaluate how the addition of ATCO to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |