Cogent Communications Group Stock Price on July 30, 2024

CCOI Stock  USD 82.57  0.07  0.08%   
Below is the normalized historical share price chart for Cogent Communications Group extending back to February 05, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cogent Communications stands at 82.57, as last reported on the 29th of November, with the highest price reaching 83.96 and the lowest price hitting 81.65 during the day.
IPO Date
5th of February 2002
200 Day MA
68.8276
50 Day MA
79.9362
Beta
0.38
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cogent Stock, it is important to understand the factors that can impact its price. Cogent Communications appears to be very steady, given 3 months investment horizon. Cogent Communications secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cogent Communications Group, which you can use to evaluate the volatility of the firm. Please makes use of Cogent Communications' Mean Deviation of 1.31, downside deviation of 1.59, and Risk Adjusted Performance of 0.1071 to double-check if our risk estimates are consistent with your expectations.
  
As of now, Cogent Communications' Sale Purchase Of Stock is increasing as compared to previous years. The Cogent Communications' current Stock Based Compensation To Revenue is estimated to increase to 0.04, while Common Stock Total Equity is projected to decrease to under 40.9 K. . As of now, Cogent Communications' Price To Book Ratio is increasing as compared to previous years. The Cogent Communications' current Price Cash Flow Ratio is estimated to increase to 218.13, while Price To Sales Ratio is projected to decrease to 2.89. Cogent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1917

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Estimated Market Risk

 1.65
  actual daily
14
86% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Cogent Communications is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cogent Communications by adding it to a well-diversified portfolio.
Price Book
12.5109
Enterprise Value Ebitda
15.4296
Price Sales
4.1474
Shares Float
42.6 M
Dividend Share
3.88

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Cogent Communications Valuation on July 30, 2024

It is possible to determine the worth of Cogent Communications on a given historical date. On July 30, 2024 Cogent was worth 65.47 at the beginning of the trading date compared to the closed value of 67.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cogent Communications stock. Still, in general, we apply an absolute valuation method to find Cogent Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cogent Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cogent Communications' related companies.
 Open High Low Close Volume
  67.02    67.13    64.80    65.32    279,648  
07/30/2024
  65.47    67.38    64.91    67.31    344,236  
  67.73    69.65    66.95    68.82    474,147  
Backtest Cogent Communications  |  Cogent Communications History  |  Cogent Communications Valuation   PreviousNext  
Open Value
65.47
67.31
Closing Value
70.42
Upside

Cogent Communications Trading Date Momentum on July 30, 2024

On July 31 2024 Cogent Communications Group was traded for  68.82  at the closing time. The top price for the day was 69.65  and the lowest listed price was  66.95 . The trading volume for the day was 474.1 K. The trading history from July 31, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.24% . The overall trading delta against the current closing price is 0.25% .

Cogent Communications Fundamentals Correlations and Trends

By evaluating Cogent Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cogent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cogent Communications Stock history

Cogent Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cogent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cogent Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cogent Communications stock prices may prove useful in developing a viable investing in Cogent Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding47.8 M39.9 M
Net Income Applicable To Common Shares4.6 M4.4 M

Cogent Communications Stock Technical Analysis

Cogent Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cogent Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cogent Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cogent Communications Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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Cogent Communications Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cogent Communications November 29, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cogent Communications' price direction in advance. Along with the technical and fundamental analysis of Cogent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cogent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cogent Stock analysis

When running Cogent Communications' price analysis, check to measure Cogent Communications' 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 Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
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