Codere Online Luxembourg Stock Price on November 10, 2024

CDROW Stock  USD 0.84  0.02  2.44%   
If you're considering investing in Codere Stock, it is important to understand the factors that can impact its price. As of today, the current price of Codere Online stands at 0.84, as last reported on the 1st of December, with the highest price reaching 0.88 and the lowest price hitting 0.73 during the day. Codere Online is out of control given 3 months investment horizon. Codere Online Luxembourg secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.9% are justified by taking the suggested risk. Use Codere Online risk adjusted performance of 0.0091, and Mean Deviation of 5.33 to evaluate company specific risk that cannot be diversified away.
  
At this time, Codere Online's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 129.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 60.2 M in 2024. . At this time, Codere Online's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.02 in 2024, whereas Price Earnings Ratio is likely to drop (2.22) in 2024. Codere Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1191

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Estimated Market Risk

 133.53
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Codere Online is performing at about 9% 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 Codere Online by adding it to a well-diversified portfolio.
Book Value
0.475
Shares Float
15.1 M
Shares Short Prior Month
8.5 K
Earnings Share
(428.55)
Shares Short
8.3 K

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Codere Online Valuation on November 10, 2024

It is possible to determine the worth of Codere Online on a given historical date. On November 10, 2024 Codere was worth 0.94 at the beginning of the trading date compared to the closed value of 0.92. 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
  0.89    0.90    0.84    0.89    3,208  
11/08/2024
  0.94    0.95    0.90    0.92    906.00  
  0.90    0.92    0.90    0.92    401.00  
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Open Value
0.94
0.92
Closing Value
401.52
Upside

Codere Online Trading Date Momentum on November 10, 2024

On November 11 2024 Codere Online Luxembourg was traded for  0.92  at the closing time. The highest daily price throughout the period was 0.92  and the lowest price was  0.90 . The daily volume was 401. The net trading volume on 11/11/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Codere Online Luxembourg 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 Luxembourg 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

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 1, 2024
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High

 0.00 

     

 0.00 

Codere Online Luxembourg 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 1, 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 Luxembourg 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.

Additional Tools for Codere Stock Analysis

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