Codan Limited Price on August 8, 2024
CODAFDelisted Stock | USD 7.30 0.00 0.00% |
If you're considering investing in Codan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Codan stands at 7.30, as last reported on the 1st of December, with the highest price reaching 7.30 and the lowest price hitting 7.30 during the day. We have found sixteen technical indicators for Codan Limited, which you can use to evaluate the volatility of the firm. Please confirm Codan's risk adjusted performance of 0.0303, and Mean Deviation of 0.3181 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Codan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Codan |
Sharpe Ratio = 0.0
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Based on monthly moving average Codan 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 Codan by adding Codan to a well-diversified portfolio.
Related Headline
ESCO Technologies Headline on 8th of August 2024
ESCO Technologies Inc. Q3 2024 Earnings Call Transcript by insidermonkey.com
Operator Good day and thank you for standing by. Welcome to the Third Quarter 2024 ESCO Technologies Earnings Call. At this time, all participants are in a listen-only mode.
Codan Valuation on August 8, 2024
It is possible to determine the worth of Codan on a given historical date. On August 8, 2024 Codan was worth 7.3 at the beginning of the trading date compared to the closed value of 7.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Codan pink sheet. Still, in general, we apply an absolute valuation method to find Codan'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 Codan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Codan's related companies.
Open | High | Low | Close | Volume | |
7.30 | 7.30 | 7.30 | 7.30 | 1.00 | |
08/08/2024 | 7.30 | 7.30 | 7.30 | 7.30 | 1.00 |
7.30 | 7.30 | 7.30 | 7.30 | 1.00 |
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Codan Trading Date Momentum on August 8, 2024
On August 09 2024 Codan Limited was traded for 7.30 at the closing time. The highest daily price throughout the period was 7.30 and the lowest price was 7.30 . There was no trading activity during the period 1.0. Lack of trading volume on 08/09/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Codan Limited Fundamentals Correlations and Trends
By evaluating Codan'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 Codan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Codan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Codan Pink Sheet history
Codan 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 Codan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Codan Limited 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 Codan stock prices may prove useful in developing a viable investing in Codan
Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia. Codan operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange.
Codan Pink Sheet Technical Analysis
Codan technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Codan Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Codan Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Codan December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Codan pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Codan shares will generate the highest return on investment. By undertsting and applying Codan pink sheet market strength indicators, traders can identify Codan Limited entry and exit signals to maximize returns
Codan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Codan's price direction in advance. Along with the technical and fundamental analysis of Codan Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Codan 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.
Risk Adjusted Performance | 0.0303 | |||
Jensen Alpha | 0.0437 | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (2.89) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Codan Pink Sheet
If you are still planning to invest in Codan Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Codan's history and understand the potential risks before investing.
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