Cedar Fair has
performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1426, which signifies not very significant fluctuations relative to the market. Let's try to break down what Cedar's beta means in this case. As returns on the market increase, Cedar Fair returns are expected to increase less than the market. However, during the bear market, the loss on holding Cedar Fair will be expected to be smaller as well. Although it is extremely important to respect
Cedar Fair LP historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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
Cedar Fair LP technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future.
Cedar Fair LP right now shows a risk of 4.43%. Please confirm Cedar Fair LP
standard deviation, as well as the
relationship between the maximum drawdown and
expected short fall to decide if Cedar Fair LP will be following its
price patterns.
What is the right price you would pay to acquire a share of Cedar Fair? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Cedar Fair LP this year
Annual and quarterly reports issued by Cedar Fair LP are formal
financial statements that are published yearly and quarterly and sent to Cedar stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Cedar Fair often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Cedar Fair Gross Profit
Cedar Fair Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cedar Fair previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cedar Fair Gross Profit growth over the last 10 years. Please check Cedar Fair's
gross profit and other
fundamental indicators for more details.
Detailed Outlook On Cedar Fair
Earning per share calculations of Cedar Fair is based on official Zacks consensus of 6 analysts regarding Cedar Fair's future annual earnings. Given the historical accuracy of 92.55%, the future earnings per share of the company is estimated to be -4.21 with the lowest and highest values of -6.05 and -3.17, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Cedar a risky opportunity?
Let's check the volatility. Cedar is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Cedar (NYSE:FUN) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. picking up a share of a Cedar Fair stock makes you a part-owner of that company.
Cedar Fair LP Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Cedar Fair LP. The Cedar consensus assessment is calculated by taking the average estimates from all of the analysts covering Cedar Fair
| Strong Buy | 5 | 71.43 |
| Buy | 0 | 0.0 |
| Hold | 2 | 28.57 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Our perspective of the latest Cedar Fair thrive
The treynor ratio is down to -0.36 as of today. As of the 5th of August, Cedar Fair shows the
risk adjusted performance of
(0.008854), and Mean Deviation of 3.29. Cedar Fair LP
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen
technical drivers for Cedar Fair LP, which can be compared to its rivals. Please confirm
Cedar Fair LP standard deviation, as well as the
relationship between the maximum drawdown and
expected short fall to decide if Cedar Fair LP is priced correctly, providing market reflects its regular price of 25.35 per share. Given that Cedar Fair has
jensen alpha of
(0.08), we suggest you to validate Cedar Fair LP's prevailing market performance to make sure the company can sustain itself at a future point.
Our Final Take On Cedar Fair
Whereas some other firms within the leisure industry are still a little expensive, even after the recent corrections, Cedar Fair may offer a potential longer-term growth to institutional investors. In closing, as of the 5th of August 2020, our primary 30 days advice on the company is
Sell. However, we believe Cedar Fair is
undervalued with
close to average probability of distress for the next two years.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile 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 Cedar Fair LP. Please refer to our
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