Codere Operating Cycle from 2010 to 2026
| CDRO Stock | USD 7.94 0.09 1.15% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 14.48 | Current Value 13.76 | Quarterly Volatility 55.92826658 |
Check Codere Online financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codere Online's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 544.1 K or Interest Income of 515.6 K, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 11.12. Codere financial statements analysis is a perfect complement when working with Codere Online Valuation or Volatility modules.
Codere | Operating Cycle | Build AI portfolio with Codere Stock |
Evaluating Codere Online's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Codere Online Corp's fundamental strength.
Latest Codere Online's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Codere Online Corp over the last few years. It is Codere Online's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Codere Online's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Codere Operating Cycle Regression Statistics
| Arithmetic Mean | 80.55 | |
| Geometric Mean | 50.81 | |
| Coefficient Of Variation | 69.44 | |
| Mean Deviation | 53.19 | |
| Median | 125.76 | |
| Standard Deviation | 55.93 | |
| Sample Variance | 3,128 | |
| Range | 121 | |
| R-Value | (0.85) | |
| Mean Square Error | 935.60 | |
| R-Squared | 0.72 | |
| Significance | 0.000017 | |
| Slope | (9.40) | |
| Total Sum of Squares | 50,048 |
Codere Operating Cycle History
About Codere Online Financial Statements
Codere Online investors utilize fundamental indicators, such as Operating Cycle, to predict how Codere Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 14.48 | 13.76 |
Pair Trading with Codere Online
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Codere Online position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Codere Online will appreciate offsetting losses from the drop in the long position's value.Moving against Codere Stock
| 0.85 | VSTD | Vestand Symbol Change | PairCorr |
| 0.64 | DPP | DP Poland Plc | PairCorr |
| 0.6 | VENU | Venu Holding | PairCorr |
| 0.52 | IH | Ihuman Inc | PairCorr |
| 0.42 | EM | Smart Share Global | PairCorr |
The ability to find closely correlated positions to Codere Online could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Codere Online when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Codere Online - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Codere Online Corp to buy it.
The correlation of Codere Online is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Codere Online moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Codere Online Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Codere Online can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Codere Online Correlation against competitors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Will Hotels, Restaurants & Leisure sector continue expanding? Could Codere diversify its offerings? Factors like these will boost the valuation of Codere Online. Projected growth potential of Codere fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Codere Online data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share 0.09 | Revenue Per Share | Quarterly Revenue Growth 0.133 | Return On Assets | Return On Equity |
Understanding Codere Online Corp requires distinguishing between market price and book value, where the latter reflects Codere's accounting equity. The concept of intrinsic value - what Codere Online's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Codere Online's price substantially above or below its fundamental value.
It's important to distinguish between Codere Online's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Codere Online should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Codere Online's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.