Southern Copper Stock Buy Hold or Sell Recommendation
| SCCO Stock | USD 109.64 1.94 1.74% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Southern Copper is 'Strong Buy'. Macroaxis provides Southern Copper buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SCCO positions. The advice algorithm takes into account all of Southern Copper's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Southern Copper's buy or sell advice are summarized below:
Real Value 93.38 | Target Price 64.17 | Hype Value 110.92 | Market Value 109.64 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Southern Copper given historical horizon and risk tolerance towards Southern Copper. When Macroaxis issues a 'buy' or 'sell' recommendation for Southern Copper, the advice is generated through an automated system that utilizes algorithms and statistical models.
Southern |
Execute Southern Copper Buy or Sell Advice
The Southern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Southern Copper. Macroaxis does not own or have any residual interests in Southern Copper or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Southern Copper's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Southern Copper Trading Alerts and Improvement Suggestions
| About 89.0% of the company outstanding shares are owned by corporate insiders | |
| On 29th of February 2024 Southern Copper paid $ 0.8 per share dividend to its current shareholders | |
| Latest headline from cnbc.com: Another way to play the commodity breakout with a copper stock forming a bull flag chart pattern |
Southern Copper Returns Distribution Density
The distribution of Southern Copper's historical returns is an attempt to chart the uncertainty of Southern Copper's future price movements. The chart of the probability distribution of Southern Copper daily returns describes the distribution of returns around its average expected value. We use Southern Copper price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Southern Copper returns is essential to provide solid investment advice for Southern Copper.
| Mean Return | 0.57 | Value At Risk | -2.5 | Potential Upside | 3.74 | Standard Deviation | 2.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Southern Copper 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.
Southern Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Southern Copper is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Southern Copper backward and forwards among themselves. Southern Copper's institutional investor refers to the entity that pools money to purchase Southern Copper's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 1.2 M | Legal & General Group Plc | 2023-12-31 | 1.1 M | Jpmorgan Chase & Co | 2023-12-31 | 1 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 997.1 K | Vanguard Group Inc | 2023-12-31 | 957.5 K | Ameriprise Financial Inc | 2023-12-31 | 955.6 K | 1832 Asset Management L.p | 2023-12-31 | 858.4 K | Marathon Asset Mgmt Ltd | 2023-12-31 | 852.7 K | Norges Bank | 2023-12-31 | 834.2 K | Blackrock Inc | 2023-12-31 | 6.8 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 6.6 M |
Southern Copper Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (88.7M) | 223.6M | 4.7M | (7.7M) | (60.4M) | (63.4M) | |
| Change In Cash | 1.1B | 258.5M | 818.4M | (932.3M) | (918.2M) | (872.3M) | |
| Free Cash Flow | 1.2B | 2.2B | 3.4B | 1.9B | 2.6B | 2.7B | |
| Depreciation | 764.4M | 775.6M | 806M | 796.3M | 833.6M | 875.3M | |
| Other Non Cash Items | 788M | 785.5M | 816.8M | 79.8M | 1.7B | 1.8B | |
| Dividends Paid | 1.2B | 1.2B | 2.5B | 2.7B | 3.1B | 3.2B | |
| Capital Expenditures | 707.5M | 592.2M | 892.3M | 948.5M | 1.0B | 686.9M | |
| Net Income | 1.5B | 1.6B | 3.4B | 2.6B | 2.4B | 1.3B | |
| End Period Cash Flow | 1.9B | 2.2B | 3.0B | 2.1B | 1.2B | 1.1B | |
| Investments | (574M) | (330.1M) | (76.1M) | (666.8M) | (1.3B) | (1.2B) | |
| Change Receivables | (298.7M) | 68.3M | (236M) | (289.8M) | (333.3M) | (316.6M) | |
| Change To Netincome | 8.7M | (53.5M) | (101.4M) | 207.9M | 239.1M | 251.0M |
Southern Copper 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 Southern Copper 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 Southern Copper'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 Southern 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 | 0.45 | |
β | Beta against NYSE Composite | 1.33 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | 0.21 |
Southern Copper Volatility Alert
Southern Copper has relatively low volatility with skewness of 1.32 and kurtosis of 3.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Southern Copper'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 Southern Copper'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.Southern Copper Implied Volatility
Southern Copper's implied volatility exposes the market's sentiment of Southern Copper stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Southern Copper's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Southern Copper stock will not fluctuate a lot when Southern Copper's options are near their expiration.
Southern Copper Fundamentals Vs Peers
Comparing Southern Copper'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 Southern Copper's direct or indirect competition across all of the common fundamentals between Southern Copper and the related equities. This way, we can detect undervalued stocks with similar characteristics as Southern Copper or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Southern Copper's fundamental indicators could also be used in its relative valuation, which is a method of valuing Southern Copper by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Southern Copper to competition |
| Fundamentals | Southern Copper | Peer Average |
| Return On Equity | 0.31 | -0.31 |
| Return On Asset | 0.15 | -0.14 |
| Profit Margin | 0.25 % | (1.27) % |
| Operating Margin | 0.38 % | (5.51) % |
| Current Valuation | 91.61 B | 16.62 B |
| Shares Outstanding | 773.11 M | 571.82 M |
| Shares Owned By Insiders | 88.99 % | 10.09 % |
| Shares Owned By Institutions | 8.82 % | 39.21 % |
| Number Of Shares Shorted | 5.68 M | 4.71 M |
| Price To Earning | 21.45 X | 28.72 X |
| Price To Book | 12.01 X | 9.51 X |
| Price To Sales | 9.00 X | 11.42 X |
| Revenue | 9.9 B | 9.43 B |
| Gross Profit | 5.51 B | 27.38 B |
| EBITDA | 5.03 B | 3.9 B |
| Net Income | 2.43 B | 570.98 M |
| Cash And Equivalents | 2.36 B | 2.7 B |
| Cash Per Share | 3.05 X | 5.01 X |
| Total Debt | 7.03 B | 5.32 B |
| Debt To Equity | 0.97 % | 48.70 % |
| Current Ratio | 3.29 X | 2.16 X |
| Book Value Per Share | 9.60 X | 1.93 K |
| Cash Flow From Operations | 3.57 B | 971.22 M |
| Short Ratio | 4.10 X | 4.00 X |
| Earnings Per Share | 3.14 X | 3.12 X |
| Price To Earnings To Growth | 1.20 X | 4.89 X |
| Target Price | 81.8 | |
| Number Of Employees | 15.81 K | 18.84 K |
| Beta | 1.32 | -0.15 |
| Market Capitalization | 86.26 B | 19.03 B |
| Total Asset | 16.73 B | 29.47 B |
| Retained Earnings | 7.03 B | 9.33 B |
| Working Capital | 3.04 B | 1.48 B |
Note: Disposition of 400 shares by Palomino Bonilla Luis Miguel of Southern Copper at 66.0 subject to Rule 16b-3 [view details]
Southern Copper Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Southern . 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.
| Accumulation Distribution | 62966.98 | |||
| Daily Balance Of Power | (0.51) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 109.7 | |||
| Day Typical Price | 109.68 | |||
| Price Action Indicator | (1.02) | |||
| Period Momentum Indicator | (1.94) |
About Southern Copper Buy or Sell Advice
When is the right time to buy or sell Southern Copper? Buying financial instruments such as Southern 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) | Short and Long Term Debt Total | 7.4B | 7.1B | 7.0B | 7.4B | Total Assets | 18.3B | 17.3B | 16.7B | 9.2B |
Use Investing Ideas to Build Portfolios
In addition to having Southern Copper 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 Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 148 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 Most Shorted Equities Theme or any other thematic opportunities.
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Check out Southern Copper 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. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Southern Stock analysis
When running Southern Copper's price analysis, check to measure Southern Copper'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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
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Is Southern Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Dividend Share 4 | Earnings Share 3.14 | Revenue Per Share 12.8 | Quarterly Revenue Growth (0.19) |
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.