Cogent Communications Stock Forecast - Day Typical Price

CCOI Stock  USD 81.40  1.44  1.80%   
Cogent Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Cogent Communications' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Cogent Communications' Fixed Asset Turnover is increasing as compared to previous years. The Cogent Communications' current Asset Turnover is estimated to increase to 0.38, while Inventory Turnover is projected to decrease to 4.78. . The current Common Stock Shares Outstanding is estimated to decrease to about 39.9 M. The current Net Income Applicable To Common Shares is estimated to decrease to about 4.4 M.
Cogent Communications Group has current Day Typical Price of 80.83. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Cogent Communications Trading Date Momentum

On November 21 2024 Cogent Communications Group was traded for  81.40  at the closing time. The top price for the day was 81.40  and the lowest listed price was  79.68 . There was no trading activity during the period 0.0. Lack of trading volume on November 21, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.46% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Cogent Communications

For every potential investor in Cogent, whether a beginner or expert, Cogent Communications' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cogent Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cogent. Basic forecasting techniques help filter out the noise by identifying Cogent Communications' price trends.

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 Risk & Return  Correlation

Cogent Communications Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cogent Communications' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cogent Communications' current price.

Cogent Communications Market Strength Events

Market strength indicators help investors to evaluate how Cogent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cogent Communications shares will generate the highest return on investment. By undertsting and applying Cogent Communications stock market strength indicators, traders can identify Cogent Communications Group entry and exit signals to maximize returns.

Cogent Communications Risk Indicators

The analysis of Cogent Communications' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cogent Communications' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cogent stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out Historical Fundamental Analysis of Cogent Communications to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Telecommunication Services space 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 Cogent Communications. If investors know Cogent 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 Cogent Communications 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
228.092
Dividend Share
3.88
Earnings Share
0.69
Revenue Per Share
20.531
Quarterly Revenue Growth
(0.09)
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' 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 Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' 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 Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' 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.