Codere Online Corp Stock Statistic Functions Beta
| CDRO Stock | USD 7.75 0.15 1.97% |
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The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Codere Online Corp correlated with the market. If Beta is less than 0 Codere Online generally moves in the opposite direction as compared to the market. If Codere Online Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Codere Online Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Codere Online is generally in the same direction as the market. If Beta > 1 Codere Online moves generally in the same direction as, but more than the movement of the benchmark.
Codere Online Technical Analysis Modules
Most technical analysis of Codere Online help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Codere from various momentum indicators to cycle indicators. When you analyze Codere charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Codere Online Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Codere Online Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Codere Online Corp based on widely used predictive technical indicators. In general, we focus on analyzing Codere Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Codere Online's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Codere Online's intrinsic value. In addition to deriving basic predictive indicators for Codere Online, we also check how macroeconomic factors affect Codere Online price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 48.25 | 3.54 | 3.18 | 3.02 | Receivables Turnover | 24.44 | 27.49 | 24.74 | 27.69 |
Align your values with your investing style
In addition to having Codere Online 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.Thematic Opportunities
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Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Warren Buffett Holdings Invested few shares | |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Hotels, Restaurants & Leisure 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 Codere Online. If investors know Codere 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 Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 3.083 | Quarterly Revenue Growth 0.456 | Return On Assets (0.32) | Return On Equity (0.82) |
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online'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 Codere Online's market value can be influenced by many factors that don't directly affect Codere Online'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 Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online'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.