Cogent Communications rating lowered at BofA on valuation concerns

CCOI Stock  USD 83.02  0.14  0.17%   
Under 64% of Cogent Communications' investor base is looking to short. The analysis of overall sentiment of trading Cogent Communications Group stock suggests that many investors are alarmed at this time. Cogent Communications' investing sentiment shows overall attitude of investors towards Cogent Communications Group.
  
gorodenkoffiStock via Getty Images Cogent Communications was downgraded to underperform from neutral by analysts at...

Read at seekingalpha.com
seekingalpha News
  

Cogent Communications Current Investor Sentiment

Panic Vs Confidence

36

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Cogent Communications' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Cogent Communications Group.

Cogent Communications Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Cogent Communications can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Cogent Communications Historical Investor Sentiment

Investor biases related to Cogent Communications' public news can be used to forecast risks associated with an investment in Cogent. The trend in average sentiment can be used to explain how an investor holding Cogent can time the market purely based on public headlines and social activities around Cogent Communications Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cogent Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cogent Communications and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Cogent Communications news discussions. The higher the estimate score, the more favorable the investor's outlook on Cogent Communications.

Cogent Communications Fundamental Analysis

We analyze Cogent Communications' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cogent Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cogent Communications 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.

Beta

Beta Comparative Analysis

Cogent Communications is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Cogent Communications Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cogent Communications stock to make a market-neutral strategy. Peer analysis of Cogent Communications could also be used in its relative valuation, which is a method of valuing Cogent Communications by comparing valuation metrics with similar companies.

Peers

Cogent Communications Related Equities

IHSIHS Holding   7.77   
0%
100.0%
CABOCable One   2.27   
0%
29.0%
KTKT   2.17   
0%
27.0%
IRDMIridium Communications   2.01   
0%
25.0%
LBTYALiberty Global   1.65   
0%
21.0%
OOMAOoma   1.34   
0%
17.0%
TIMBTIM Participacoes   1.08   
0%
13.0%
SHENShenandoah Telecommunicatio   1.06   
0%
13.0%
TLKTelkom Indonesia   0.53   
0%
6.0%
LBRDPLiberty Broadband   0.21   
0%
2.0%
IDTIDT   0.06   
1.0%
0%
CHTRCharter Communications   0.98   
12.0%
0%
LBRDKLiberty Broadband   1.40   
18.0%
0%
LBRDALiberty Broadband   1.47   
18.0%
0%
ATNIATN International   2.07   
26.0%
0%
ATEXAnterix   2.73   
35.0%
0%

Complementary Tools for Cogent Stock analysis

When running Cogent Communications' price analysis, check to measure Cogent Communications' 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 Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments