Codere Online Corp Stock Performance
| CDRO Stock | USD 7.60 0.23 2.94% |
The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Codere Online's returns are expected to increase less than the market. However, during the bear market, the loss of holding Codere Online is expected to be smaller as well. Codere Online Corp right now shows a risk of 2.09%. Please confirm Codere Online Corp total risk alpha, as well as the relationship between the skewness and day median price , to decide if Codere Online Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Codere Online Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Codere Online is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Is Codere Online Luxembourg Top Performing European Stock Heading into 2025 | 11/13/2024 |
2 | Lost Money on Codere Online Luxembourg, S.A. Contact Levi Korsinsky Regarding an Ongoing Investigation | 11/20/2024 |
3 | Stifel maintains Buy on Codere Online, holds 10 target | 11/27/2024 |
| Begin Period Cash Flow | 94.9 M |
Codere |
Codere Online Relative Risk vs. Return Landscape
If you would invest 768.00 in Codere Online Corp on August 31, 2024 and sell it today you would lose (8.00) from holding Codere Online Corp or give up 1.04% of portfolio value over 90 days. Codere Online Corp is currently generating 0.0048% in daily expected returns and assumes 2.0862% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Codere, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Codere Online Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codere Online's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Codere Online Corp, and traders can use it to determine the average amount a Codere Online's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0023
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Codere Online Fundamentals Growth
Codere Stock prices reflect investors' perceptions of the future prospects and financial health of Codere Online, and Codere Online fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Codere Stock performance.
| Return On Equity | -0.82 | ||||
| Return On Asset | -0.32 | ||||
| Profit Margin | (0.22) % | ||||
| Operating Margin | (0.15) % | ||||
| Current Valuation | 288.81 M | ||||
| Shares Outstanding | 45.3 M | ||||
| Price To Book | 15.25 X | ||||
| Price To Sales | 2.47 X | ||||
| Revenue | 115.75 M | ||||
| Gross Profit | 73.17 M | ||||
| EBITDA | (54.95 M) | ||||
| Net Income | (43.41 M) | ||||
| Cash And Equivalents | 84.52 M | ||||
| Cash Per Share | 1.87 X | ||||
| Total Debt | 4.95 M | ||||
| Debt To Equity | 0.08 % | ||||
| Book Value Per Share | 0.47 X | ||||
| Cash Flow From Operations | (42.36 M) | ||||
| Earnings Per Share | (0.71) X | ||||
| Total Asset | 69.31 M | ||||
| Retained Earnings | (148.42 M) | ||||
About Codere Online Performance
By examining Codere Online's fundamental ratios, stakeholders can obtain critical insights into Codere Online's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Codere Online is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. Codere Online is traded on NASDAQ Exchange in the United States.Things to note about Codere Online Corp performance evaluation
Checking the ongoing alerts about Codere Online for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Codere Online Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 73.17 M. | |
| Codere Online Corp currently holds about 84.52 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Codere Online Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Stifel maintains Buy on Codere Online, holds 10 target |
- Analyzing Codere Online's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Codere Online's stock is overvalued or undervalued compared to its peers.
- Examining Codere Online's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Codere Online's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Codere Online's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Codere Online's stock. These opinions can provide insight into Codere Online's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Anywhere 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.