Caseys Story

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CASY -- USA Stock  

USD 194.97  5.68  3.00%

It appears Caseys General may not recover as fast as we have hopped for as its price went down 1.01% today. The company's current daily volatility is 1.61 percent, with a beta of 0.01 and an alpha of 0.08 over DOW. As many millenniums are excited about the current volatility, it is fair to break down Caseys General Stores based on its historical price patterns. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over three months ago
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Should you buy Caseys after the current volatility slide?
Caseys General Stores currently holds roughly 78.28 M in cash with 504.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. Caseys General has performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0068, which signifies not very significant fluctuations relative to the market. Let's try to break down what Caseys's beta means in this case. As returns on the market increase, Caseys General returns are expected to increase less than the market. However, during the bear market, the loss on holding Caseys General will be expected to be smaller as well. Although it is extremely important to respect Caseys General Stores historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Caseys General Stores technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future. Caseys General Stores right now shows a risk of 1.61%. Please confirm Caseys General Stores variance and potential upside to decide if Caseys General Stores will be following its price patterns.
Investing in Caseys General, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Caseys General along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Caseys General's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Caseys General in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Caseys General. Your research has to be compared to or analyzed against Caseys General's peers to derive any actionable benefits. When done correctly, Caseys General's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Caseys General Stores.

How important is Caseys General's Liquidity

Caseys General financial leverage refers to using borrowed capital as a funding source to finance Caseys General Stores ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Caseys General financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Caseys General's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Caseys General, but it might be worth checking our own buy vs. sell analysis

Caseys General Correlation with Peers

Investors in Caseys can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Caseys General Stores. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Caseys General and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Caseys is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Caseys for more details

Caseys General exotic insider transaction detected

Legal trades by Caseys General insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Caseys insider trading alert for general transaction of restricted stock units by Darren Rebelez, President and CEO, on 19th of January 2021. This event was filed by Caseys General Stores Inc with SEC on 2021-01-19. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.


We consider Caseys General very steady. Caseys General Stores secures Sharpe Ratio (or Efficiency) of 0.0927, which signifies that the company had 0.0927% of return per unit of risk over the last month. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Caseys General Stores, which you can use to evaluate future volatility of the firm. Please confirm Caseys General Stores Mean Deviation of 1.23, downside deviation of 1.92, and Risk Adjusted Performance of 0.5355 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Our Caseys analysis suggests possible reversion in October

Current semi variance is at 3.46. Caseys General Stores has relatively low volatility with skewness of -0.37 and kurtosis of 1.48. However, we advise all investors to independently investigate Caseys General Stores to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Takeaway

While other entities in the grocery stores industry are either recovering or due for a correction, Caseys General may not be performing as strong as the other in terms of long-term growth potentials. In closing, as of the 7th of September 2020, we believe Caseys General is currently fairly valued. It barely shadows the market and projects low probability of financial unrest in the next two years. Our actual 30 days advice on the company is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Caseys General Stores. Please refer to our Terms of Use for any information regarding our disclosure principles.

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