Codere Online Corp Stock Price on August 14, 2023

CDRO Stock  USD 7.42  0.10  1.33%   
Below is the normalized historical share price chart for Codere Online Corp extending back to January 02, 2019. 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 Codere Online stands at 7.42, as last reported on the 11th of December 2024, with the highest price reaching 7.69 and the lowest price hitting 7.35 during the day.
IPO Date
1st of December 2021
200 Day MA
7.3186
50 Day MA
8.0385
Beta
0.439
 
Covid
If you're considering investing in Codere Stock, it is important to understand the factors that can impact its price. Codere Online Corp secures Sharpe Ratio (or Efficiency) of -0.0259, which signifies that the company had a -0.0259% return per unit of standard deviation over the last 3 months. Codere Online Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Codere Online's mean deviation of 1.43, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
  
At this time, Codere Online's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Other Stockholder Equity is likely to grow to about 129.1 M, while Common Stock Shares Outstanding is likely to drop about 31.4 M. . At this time, Codere Online's Price Book Value Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 1.03. Codere Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0259

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Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Codere Online is not performing at its full potential. However, 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 Codere Online by adding Codere Online to a well-diversified portfolio.
Price Book
14.8314
Enterprise Value Ebitda
(0.45)
Price Sales
2.416
Shares Float
15.1 M
Wall Street Target Price
11.31

Codere Online Valuation on August 14, 2023

It is possible to determine the worth of Codere Online on a given historical date. On August 14, 2023 Codere was worth 3.46 at the beginning of the trading date compared to the closed value of 3.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Codere Online stock. Still, in general, we apply an absolute valuation method to find Codere Online's 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 Codere Online where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Codere Online's related companies.
 Open High Low Close Volume
  3.38    3.38    3.15    3.22    1,900  
08/14/2023
  3.46    3.46    3.15    3.16    3,100  
  3.20    3.26    3.13    3.26    8,700  
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Open Value
3.46
3.16
Closing Value
9.89
Upside

Codere Online Trading Date Momentum on August 14, 2023

On August 15 2023 Codere Online Corp was traded for  3.26  at the closing time. The top price for the day was 3.26  and the lowest listed price was  3.13 . The trading volume for the day was 8.7 K. The trading history from August 15, 2023 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.16% . The overall trading delta against the current closing price is 2.85% .

Codere Online Corp Fundamentals Correlations and Trends

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

About Codere Online Stock history

Codere Online 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 Codere is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Codere Online Corp 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 Codere Online stock prices may prove useful in developing a viable investing in Codere Online
Last ReportedProjected for Next Year
Common Stock Shares Outstanding40.6 M31.4 M
Net Loss-61.3 M-58.2 M

Codere Online Stock Technical Analysis

Codere Online 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 Codere Online technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Codere Online 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

Codere Online Period Price Range

Low
December 11, 2024
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High

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Codere Online Corp 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.

Codere Online December 11, 2024 Market Strength

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

Codere Online Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Codere Online's price direction in advance. Along with the technical and fundamental analysis of Codere Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Codere 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.
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's 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 Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.