Copa Holdings Sa Stock Buy Hold or Sell Recommendation
CPA Stock | USD 104.16 1.24 1.20% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Copa Holdings SA is 'Hold'. Macroaxis provides Copa Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CPA positions. The advice algorithm takes into account all of Copa Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Copa Holdings' buy or sell advice are summarized below:
Real Value 120.01 | Target Price 144.31 | Hype Value 102.92 | Market Value 104.16 | Naive Value 100.85 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Copa Holdings SA given historical horizon and risk tolerance towards Copa Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Copa Holdings SA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Copa |
Execute Copa Holdings Buy or Sell Advice
The Copa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Copa Holdings SA. Macroaxis does not own or have any residual interests in Copa Holdings SA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Copa Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Copa Holdings Trading Alerts and Improvement Suggestions
Copa Holdings SA generated a negative expected return over the last 90 days | |
The company has 1.75 B in debt with debt to equity (D/E) ratio of 1.27, which is OK given its current industry classification. Copa Holdings SA has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Copa Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Copa Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Copa Holdings SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Copa to invest in growth at high rates of return. When we think about Copa Holdings' use of debt, we should always consider it together with cash and equity. | |
Copa Holdings SA has a strong financial position based on the latest SEC filings | |
Over 96.0% of Copa Holdings shares are held by institutions such as insurance companies | |
On 15th of March 2024 Copa Holdings paid $ 1.61 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Here is What to Know Beyond Why Copa Holdings, S.A. is a Trending Stock |
Copa Holdings Returns Distribution Density
The distribution of Copa Holdings' historical returns is an attempt to chart the uncertainty of Copa Holdings' future price movements. The chart of the probability distribution of Copa Holdings daily returns describes the distribution of returns around its average expected value. We use Copa Holdings SA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Copa Holdings returns is essential to provide solid investment advice for Copa Holdings.
Mean Return | -0.0057 | Value At Risk | -2.78 | Potential Upside | 2.87 | Standard Deviation | 1.62 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Copa Holdings 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.
Copa Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Copa Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Copa Holdings SA backward and forwards among themselves. Copa Holdings' institutional investor refers to the entity that pools money to purchase Copa Holdings' 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 | Blackrock Inc | 2023-12-31 | 434 K | Millennium Management Llc | 2023-12-31 | 421.7 K | Alyeska Investment Group, L.p. | 2023-09-30 | 356 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 306.8 K | Driehaus Capital Management Llc | 2023-12-31 | 282.6 K | Spx Equities Gestao De Recursos Ltda | 2023-12-31 | 281.6 K | Goldman Sachs Group Inc | 2023-12-31 | 278.7 K | Victory Capital Management Inc. | 2023-12-31 | 265.4 K | First Republic Inv Mgmt Inc | 2023-09-30 | 261.3 K | Capital World Investors | 2023-12-31 | 3.9 M | Baillie Gifford & Co Limited. | 2023-12-31 | 3.8 M |
Copa Holdings Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 2.6M | (39.7M) | 92.0M | (88.7M) | 84.0M | 88.1M | |
Free Cash Flow | 619.7M | (100.0M) | (32.7M) | 90.3M | 1.0B | 1.1B | |
Depreciation | 282.1M | 259.3M | 239.9M | 267.7M | 305.7M | 321.0M | |
Other Non Cash Items | 98.9M | 355.9M | 57.1M | 5.6M | 197.1M | 207.0M | |
Capital Expenditures | 319.9M | 365.9M | 163.3M | 60.5M | 495.3M | 650.7M | |
Net Income | 247.0M | (607.1M) | 43.8M | 348.1M | 518.2M | 544.1M | |
End Period Cash Flow | 158.7M | 119.1M | 211.1M | 122.4M | 206.4M | 184.9M | |
Change To Inventory | (85.2M) | 110.4M | (43.6M) | 81.7M | 94.0M | 98.7M | |
Investments | (192.9M) | (93.8M) | (373.0M) | (552.2M) | (439.0M) | (417.0M) | |
Net Borrowings | (282.6M) | (434.9M) | 127.6M | 129.1M | 148.4M | 155.8M | |
Change To Netincome | 238.9M | 153.4M | 56.7M | 188.2M | 169.3M | 123.1M |
Copa Holdings 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 Copa Holdings or Passenger Airlines 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 Copa Holdings' 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 Copa 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 | -0.2 | |
β | Beta against NYSE Composite | 1.46 | |
σ | Overall volatility | 1.67 | |
Ir | Information ratio | -0.09 |
Copa Holdings Volatility Alert
Copa Holdings SA exhibits very low volatility with skewness of 0.07 and kurtosis of 0.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Copa Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Copa Holdings' 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.Copa Holdings Fundamentals Vs Peers
Comparing Copa Holdings' 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 Copa Holdings' direct or indirect competition across all of the common fundamentals between Copa Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Copa Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Copa Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Copa Holdings by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Copa Holdings to competition |
Fundamentals | Copa Holdings | Peer Average |
Return On Equity | 0.29 | -0.31 |
Return On Asset | 0.1 | -0.14 |
Profit Margin | 0.15 % | (1.27) % |
Operating Margin | 0.24 % | (5.51) % |
Current Valuation | 5.16 B | 16.62 B |
Shares Outstanding | 31.09 M | 571.82 M |
Shares Owned By Institutions | 95.66 % | 39.21 % |
Number Of Shares Shorted | 742.06 K | 4.71 M |
Price To Earning | 11.20 X | 28.72 X |
Price To Book | 2.03 X | 9.51 X |
Price To Sales | 1.25 X | 11.42 X |
Revenue | 3.46 B | 9.43 B |
Gross Profit | 1.07 B | 27.38 B |
EBITDA | 1.12 B | 3.9 B |
Net Income | 518.18 M | 570.98 M |
Cash And Equivalents | 122.42 M | 2.7 B |
Cash Per Share | 23.65 X | 5.01 X |
Total Debt | 1.75 B | 5.32 B |
Debt To Equity | 1.27 % | 48.70 % |
Current Ratio | 0.97 X | 2.16 X |
Book Value Per Share | 50.42 X | 1.93 K |
Cash Flow From Operations | 1.02 B | 971.22 M |
Short Ratio | 2.70 X | 4.00 X |
Earnings Per Share | 12.89 X | 3.12 X |
Price To Earnings To Growth | 0.16 X | 4.89 X |
Target Price | 156.42 | |
Beta | 1.38 | -0.15 |
Market Capitalization | 4.33 B | 19.03 B |
Total Asset | 5.2 B | 29.47 B |
Retained Earnings | 2.1 B | 9.33 B |
Working Capital | 42.25 M | 1.48 B |
Current Asset | 907.59 M | 9.34 B |
Current Liabilities | 985.67 M | 7.9 B |
Copa Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Copa . 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 | 7002.97 | |||
Daily Balance Of Power | 0.6776 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 104.09 | |||
Day Typical Price | 104.11 | |||
Price Action Indicator | 0.69 | |||
Period Momentum Indicator | 1.24 |
About Copa Holdings Buy or Sell Advice
When is the right time to buy or sell Copa Holdings SA? Buying financial instruments such as Copa 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 | 1.6B | 1.7B | 1.7B | 1.1B | Total Assets | 4.2B | 4.7B | 5.2B | 3.1B |
Use Investing Ideas to Build Portfolios
In addition to having Copa Holdings 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?
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Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate Funds theme has 39 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 Moderate Funds Theme or any other thematic opportunities.
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Check out Copa Holdings 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Copa Holdings' price analysis, check to measure Copa Holdings' 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 Copa Holdings is operating at the current time. Most of Copa Holdings' value examination focuses on studying past and present price action to predict the probability of Copa Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copa Holdings' price. Additionally, you may evaluate how the addition of Copa Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Copa Holdings' 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 Copa Holdings. If investors know Copa 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 Copa Holdings 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 1.039 | Dividend Share 3.28 | Earnings Share 12.89 | Revenue Per Share 86.095 | Quarterly Revenue Growth 0.03 |
The market value of Copa Holdings SA is measured differently than its book value, which is the value of Copa that is recorded on the company's balance sheet. Investors also form their own opinion of Copa Holdings' value that differs from its market value or its book value, called intrinsic value, which is Copa Holdings' 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 Copa Holdings' market value can be influenced by many factors that don't directly affect Copa Holdings' 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 Copa Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Copa Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Copa Holdings' 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.