Codan Limited Stock Net Income
| CODAF Stock | USD 27.69 5.35 23.95% |
As of the 8th of February, Codan shows the mean deviation of 1.06, and Risk Adjusted Performance of 0.0713. Codan Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Codan Limited variance, and the relationship between the coefficient of variation and treynor ratio to decide if Codan Limited is priced correctly, providing market reflects its regular price of 27.69 per share. Given that Codan has variance of 14.66, we suggest you to validate Codan Limited's prevailing market performance to make sure the company can sustain itself at a future point.
Codan's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Codan's valuation are provided below:Codan Limited does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Codan |
Codan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Codan's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Codan.
| 11/10/2025 |
| 02/08/2026 |
If you would invest 0.00 in Codan on November 10, 2025 and sell it all today you would earn a total of 0.00 from holding Codan Limited or generate 0.0% return on investment in Codan over 90 days. Codan is related to or competes with Hamamatsu Photonics, Hamamatsu Photonics, Renishaw Plc, Taiyo Yuden, Sumco Corp, AU Optronics, and Sumco. Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military gr... More
Codan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Codan's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Codan Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0553 | |||
| Maximum Drawdown | 23.95 |
Codan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Codan's standard deviation. In reality, there are many statistical measures that can use Codan historical prices to predict the future Codan's volatility.| Risk Adjusted Performance | 0.0713 | |||
| Jensen Alpha | 0.2962 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (4.87) |
Codan February 8, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0713 | |||
| Market Risk Adjusted Performance | (4.86) | |||
| Mean Deviation | 1.06 | |||
| Coefficient Of Variation | 1270.04 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.66 | |||
| Information Ratio | 0.0553 | |||
| Jensen Alpha | 0.2962 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (4.87) | |||
| Maximum Drawdown | 23.95 | |||
| Skewness | 2.99 | |||
| Kurtosis | 27.97 |
Codan Limited Backtested Returns
Codan appears to be not too volatile, given 3 months investment horizon. Codan Limited secures Sharpe Ratio (or Efficiency) of 0.0812, which signifies that the company had a 0.0812 % return per unit of standard deviation over the last 3 months. We have found nineteen technical indicators for Codan Limited, which you can use to evaluate the volatility of the firm. Please makes use of Codan's risk adjusted performance of 0.0713, and Mean Deviation of 1.06 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Codan holds a performance score of 6. The firm shows a Beta (market volatility) of -0.0599, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Codan are expected to decrease at a much lower rate. During the bear market, Codan is likely to outperform the market. Please check Codan's coefficient of variation, jensen alpha, daily balance of power, as well as the relationship between the variance and skewness , to make a quick decision on whether Codan's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Codan Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Codan time series from 10th of November 2025 to 25th of December 2025 and 25th of December 2025 to 8th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Codan Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Codan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 9.72 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Codan Limited reported net income of 100.74 M. This is 81.31% lower than that of the Technology sector and 21.69% lower than that of the Scientific & Technical Instruments industry. The net income for all United States stocks is 82.36% higher than that of the company.
Codan Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Codan's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Codan could also be used in its relative valuation, which is a method of valuing Codan by comparing valuation metrics of similar companies.Codan is currently under evaluation in net income category among its peers.
Codan Fundamentals
| Return On Equity | 0.3 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 506.91 M | |||
| Shares Outstanding | 181.17 M | |||
| Shares Owned By Insiders | 46.26 % | |||
| Shares Owned By Institutions | 9.60 % | |||
| Price To Earning | 8.39 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 0.96 X | |||
| Revenue | 506.14 M | |||
| Gross Profit | 286.35 M | |||
| EBITDA | 161.99 M | |||
| Net Income | 100.74 M | |||
| Cash And Equivalents | 22.61 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 52 M | |||
| Debt To Equity | 0.22 % | |||
| Current Ratio | 1.66 X | |||
| Book Value Per Share | 2.03 X | |||
| Cash Flow From Operations | 51.72 M | |||
| Earnings Per Share | 0.39 X | |||
| Number Of Employees | 18 | |||
| Beta | 0.89 | |||
| Market Capitalization | 677.57 M | |||
| Total Asset | 590.93 M | |||
| Retained Earnings | 92 M | |||
| Working Capital | 30 M | |||
| Current Asset | 69 M | |||
| Current Liabilities | 39 M | |||
| Z Score | 7.8 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 590.93 M | |||
| Last Dividend Paid | 0.28 |
About Codan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Codan Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Codan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Codan Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| FSLY | Fastly Class A | |
| MOB | Mobilicom Limited American | |
| CMG | Chipotle Mexican Grill | |
| CSAN | Cosan SA ADR | |
| RKT | Rocket Companies |
Other Information on Investing in Codan Pink Sheet
Codan financial ratios help investors to determine whether Codan Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Codan with respect to the benefits of owning Codan security.