Codere Online Luxembourg Stock Performance
| CDROW Stock | USD 0.87 0.01 1.14% |
Codere Online holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Codere Online are expected to decrease at a much lower rate. During the bear market, Codere Online is likely to outperform the market. Use Codere Online treynor ratio, as well as the relationship between the accumulation distribution and period momentum indicator , to analyze future returns on Codere Online.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Codere Online Luxembourg are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Codere Online showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:1 | Last Split Date 2020-03-12 |
1 | Investment Analysis - Stock Traders Daily | 09/13/2024 |
2 | Codere Online Luxembourg Shares Down 1.2 percent - MarketBeat | 09/25/2024 |
3 | Long Term Trading Analysis for - Stock Traders Daily | 11/06/2024 |
4 | Is Codere Online Luxembourg Top Performing European Stock Heading into 2025 - Insider Monkey | 11/13/2024 |
5 | Codere Online to Release Financial Results for the Third Quarter 2024 on November 27th - Yahoo Finance | 11/22/2024 |
| Begin Period Cash Flow | 94.9 M |
Codere |
Codere Online Relative Risk vs. Return Landscape
If you would invest 105.00 in Codere Online Luxembourg on August 28, 2024 and sell it today you would lose (18.00) from holding Codere Online Luxembourg or give up 17.14% of portfolio value over 90 days. Codere Online Luxembourg is currently producing 15.9777% returns and takes up 134.7445% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Codere, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. 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 Luxembourg, 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 = 0.1186
| Best Portfolio | Best Equity | CDROW | ||
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Estimated Market Risk
| 134.74 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.
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) % | ||||
| Revenue | 115.75 M | ||||
| EBITDA | (54.95 M) | ||||
| Net Income | (43.41 M) | ||||
| Cash And Equivalents | 6.58 M | ||||
| Cash Per Share | 109.73 X | ||||
| Total Debt | 4.95 M | ||||
| Current Ratio | 0.56 X | ||||
| Book Value Per Share | 0.47 X | ||||
| Cash Flow From Operations | (42.36 M) | ||||
| Earnings Per Share | (428.55) X | ||||
| Total Asset | 69.31 M | ||||
| Retained Earnings | (148.42 M) | ||||
| Working Capital | 25.57 M | ||||
About Codere Online Performance
Evaluating Codere Online's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Codere Online has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Codere Online has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.77) | (0.81) | |
| Return On Capital Employed | (2.42) | (2.30) | |
| Return On Assets | (0.77) | (0.81) | |
| Return On Equity | (2.19) | (2.08) |
Things to note about Codere Online Luxembourg 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 Luxembourg help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Codere Online is way too risky over 90 days horizon | |
| Codere Online has some characteristics of a very speculative penny stock | |
| Codere Online appears to be risky and price may revert if volatility continues | |
| Codere Online has high likelihood to experience some financial distress in the next 2 years | |
| Codere Online Luxembourg has accumulated 4.95 M in total debt. Codere Online Luxembourg has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Codere Online's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Codere Online Luxembourg has accumulated about 6.58 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 109.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Codere Online has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Codere Online to Release Financial Results for the Third Quarter 2024 on November 27th - Yahoo Finance |
- 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.
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.