Codan Limited Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Codan are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Codan Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Codan is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 22.4 M | |
| Total Cashflows From Investing Activities | -19.8 M |
Codan |
Codan Relative Risk vs. Return Landscape
If you would invest (100.00) in Codan Limited on January 17, 2025 and sell it today you would earn a total of 100.00 from holding Codan Limited or generate -100.0% return on investment over 90 days. Codan Limited is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Codan, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Codan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codan's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Codan Limited, and traders can use it to determine the average amount a Codan'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| CODAF |
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.
Codan Fundamentals Growth
Codan Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Codan, and Codan 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 Codan Pink Sheet performance.
| 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 | |||
| Price To Earning | 8.39 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 0.96 X | |||
| Revenue | 506.14 M | |||
| EBITDA | 161.99 M | |||
| Cash And Equivalents | 22.61 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 52 M | |||
| Debt To Equity | 0.22 % | |||
| Book Value Per Share | 2.03 X | |||
| Cash Flow From Operations | 51.72 M | |||
| Earnings Per Share | 0.39 X | |||
| Total Asset | 590.93 M | |||
| Retained Earnings | 92 M | |||
| Current Asset | 69 M | |||
| Current Liabilities | 39 M | |||
Things to note about Codan Limited performance evaluation
Checking the ongoing alerts about Codan for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Codan Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Codan Limited is not yet fully synchronised with the market data | |
| Codan Limited has some characteristics of a very speculative penny stock | |
| Codan Limited has a very high chance of going through financial distress in the upcoming years | |
| About 46.0% of the company shares are held by company insiders |
- Analyzing Codan'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 Codan's stock is overvalued or undervalued compared to its peers.
- Examining Codan'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 Codan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Codan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Codan's pink sheet. These opinions can provide insight into Codan'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. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |