Canada Stock Buy Hold or Sell Recommendation

GOOS
 Stock
  

USD 21.69  0.75  3.58%   

Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Canada Goose Holdings is 'Hold'. Macroaxis provides Canada Goose buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GOOS positions. The advice algorithm takes into account all of Canada Goose's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Canada Goose's buy-and-hold perspective. Please check Canada Goose 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. We conduct extensive research on individual companies such as Canada and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Canada Goose Holdings.

Execute Canada Goose Buy or Sell Advice

The Canada recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canada Goose Holdings. Macroaxis does not own or have any residual interests in Canada Goose Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canada Goose's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Canada GooseBuy Canada Goose
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Canada Goose Holdings has a Risk Adjusted Performance of 0.0474, Jensen Alpha of (0.025682), Total Risk Alpha of (0.12), Sortino Ratio of 0.009 and Treynor Ratio of 0.0641
Our investment recommendation module complements current analysts and expert consensus on Canada Goose. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Canada Goose is not overpriced, please confirm all Canada Goose Holdings fundamentals, including its cash per share, and the relationship between the price to sales and short ratio . Given that Canada Goose Holdings has a number of shares shorted of 8.71 M, we suggest you to validate Canada Goose Holdings market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Canada Goose Trading Alerts and Improvement Suggestions

Canada Goose has very high historical volatility over the last 90 days
Canada Goose has a strong financial position based on the latest SEC filings
Over 91.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is Canada Goose Holdings A Risky Investment - Simply Wall St

Canada Goose current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Canada analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Canada analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price22.36
Target Median Price20.33
Target High Price30.15
Recommendation Mean2.70
Number Of Analyst Opinions5
Target Low Price15.08
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Canada Goose Returns Distribution Density

The distribution of Canada Goose's historical returns is an attempt to chart the uncertainty of Canada Goose's future price movements. The chart of the probability distribution of Canada Goose stock daily returns describes the distribution of returns around its average expected value. We use Canada Goose Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canada Goose returns is essential to provide solid investment advice for Canada Goose.
Mean Return0.12Value At Risk-5.77
Potential Upside5.96Standard Deviation3.69
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canada Goose 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.

Canada Goose 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 Canada Goose or Consumer Cyclical 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 Canada Goose'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 Canada 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 DOW
-0.03
β
Beta against DOW1.74
σ
Overall volatility
3.37
Ir
Information ratio 0.0088

Canada Goose Volatility Alert

Canada Goose Holdings shows above-average downside volatility for the selected time horizon. We advise investors to inspect Canada Goose Holdings further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Canada Goose future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Canada Goose'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 Canada Goose'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 stocks as prices fall.

Canada Goose Implied Volatility

Canada Goose's implied volatility exposes the market's sentiment of Canada Goose Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canada Goose'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 Canada Goose stock will not fluctuate a lot when Canada Goose's options are near their expiration.

Canada Goose Fundamentals Vs Peers

Comparing Canada Goose'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 Canada Goose's direct or indirect competition across all of the common fundamentals between Canada Goose and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canada Goose or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Canada Goose's fundamental indicators could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Canada Goose to competition
FundamentalsCanada GoosePeer Average
Return On Equity18.82 %(0.31) %
Return On Asset7.29 %(0.14) %
Profit Margin8.61 %(1.27) %
Operating Margin14.97 %(5.51) %
Current Valuation2.39 B16.62 B
Shares Outstanding55.86 M571.82 M
Shares Owned by Insiders0.55 %10.09 %
Shares Owned by Institutions91.34 %39.21 %
Number of Shares Shorted8.71 M4.71 M
Price to Earning47.59 X28.72 X
Price to Book5.96 X9.51 X
Price to Sales2.03 X11.42 X
Revenue1.1 B9.43 B
Gross Profit733.6 M27.38 B
EBITDA202.2 M3.9 B
Net Income94.6 M570.98 M
Cash and Equivalents287.7 M2.7 B
Cash per Share2.73 X5.01 X
Total Debt620.7 M5.32 B
Debt to Equity1.45 %48.70 %
Current Ratio2.71 X2.16 X
Book Value Per Share3.52 X1.93 K
Cash Flow from Operations151.6 M971.22 M
Short Ratio11.82 X4.00 X
Earnings Per Share0.44 X3.12 X
Price to Earnings To Growth0.77 X4.89 X
Number of Employees4.35 K18.84 K
Beta1.42-0.15
Market Capitalization2.23 B19.03 B
Total Asset504.26 M29.47 B
Working Capital157.15 M1.48 B
Current Asset243.04 M9.34 B
Current Liabilities85.9 M7.9 B

About Canada Goose Buy or Sell Advice

When is the right time to buy or sell Canada Goose Holdings? Buying financial instruments such as Canada 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.
 2010 2022 (projected)
null762.3 M618.68 M
null1.34 B1.09 B

Use Investing Ideas to Build Portfolios

In addition to having Canada Goose 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.

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Run Cleaning Thematic Idea Now

Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 0 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 Cleaning Theme or any other thematic opportunities.
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Please check Canada Goose 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. Note that the Canada Goose Holdings information on this page should be used as a complementary analysis to other Canada Goose'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Canada Goose Holdings price analysis, check to measure Canada Goose'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 Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.
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Is Canada Goose'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 Canada Goose. If investors know Canada 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 Canada Goose 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 YOY
0.47
Market Capitalization
2.2 B
Quarterly Revenue Growth YOY
0.24
Return On Assets
0.0656
Return On Equity
0.2
The market value of Canada Goose Holdings is measured differently than its book value, which is the value of Canada that is recorded on the company's balance sheet. Investors also form their own opinion of Canada Goose's value that differs from its market value or its book value, called intrinsic value, which is Canada Goose'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 Canada Goose's market value can be influenced by many factors that don't directly affect Canada Goose'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 Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine Canada Goose value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose'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.