CECO Environmental Story

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CECE -- USA Stock  

USD 7.52  0.27  3.72%

In general, we focus on analyzing CECO Environmental (NASDAQ:CECE) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CECO Environmental Corp daily price indicators and compare them against related drivers. In this post we will digest CECO Environmental. We will analyze why it could be a much better year for CECO Environmental shareholders.
Published over a month ago
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Will CECO Environmental stockholders stop to trade in December?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CECO Environmental has an asset utilization ratio of 55.17 percent. This indicates that the company is making $0.55 for each dollar of assets. An increasing asset utilization means that CECO Environmental Corp is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of CECO Environmental 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 CECO Environmental Corp, 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 CECO Environmental based on CECO Environmental hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to CECO Environmental's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CECO Environmental's related companies.

Use Technical Analysis to project CECO Environmental expected Price

CECO Environmental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of CECO Environmental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CECO Environmental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How CECO Environmental utilizes its cash?

To perform a cash flow analysis of CECO Environmental, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CECO Environmental is receiving and how much cash it distributes out in a given period. The CECO Environmental cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CECO Environmental Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 10.23 Million

Breaking down CECO Environmental Indicators

The latest CECO Environmental Corp price dip could raise concerns from shareholders as the firm it trading at a share price of 6.21 on slow start in volume. The company management teams were unable to exploit market volatilities in October. However, diversifying your overall positions with CECO Environmental can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.14. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from CECO Environmental Corp partners.

Deferred Revenue Breakdown

CECO Environmental Deferred Revenue is increasing over the years with slightly volatile fluctuation. Deferred Revenue is expected to dwindle to about 28.9 M. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. CECO Environmental Deferred Revenue is projected to increase significantly based on the last few years of reporting. The past year's Deferred Revenue was at 34.37 Million
2013
2014
2015
2016
2017
2018
2019
2020
201313.49 Million
201414.73 Million
201528 Million
201635.09 Million
201720.47 Million
201820.14 Million
201934.37 Million
202028.9 Million

Are you still doubtful about CECO Environmental?

Mean deviation is down to 1.94. It may indicate a possible volatility dip. CECO Environmental Corp currently demonstrates below-verage downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.13. However, we do advice investors to further question CECO Environmental Corp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Takeaway on CECO Environmental Investment

Although some firms in the pollution & treatment controls industry are either recovering or due for a correction, CECO Environmental may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 4th of November 2020, our research shows that CECO Environmental is a rather somewhat reliable investment opportunity with a below average probability of bankruptcy in the next two years. From a slightly different view, the entity currently appears to be undervalued. Our latest 30 days 'Buy-vs-Sell' recommendation on the firm is Hold.

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 Ellen Johnson do not own shares of CECO Environmental Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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