Cogent Communications Group Stock Alpha and Beta Analysis
| CCOI Stock | USD 83.79 2.39 2.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cogent Communications Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cogent Communications over a specified time horizon. Remember, high Cogent Communications' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cogent Communications' market risk premium analysis include:
Beta 0.6 | Alpha 0.1 | Risk 1.69 | Sharpe Ratio 0.14 | Expected Return 0.23 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cogent |
Cogent Communications Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cogent Communications market risk premium is the additional return an investor will receive from holding Cogent Communications long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cogent Communications. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cogent Communications' performance over market.| α | 0.10 | β | 0.60 |
Cogent Communications expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cogent Communications' Buy-and-hold return. Our buy-and-hold chart shows how Cogent Communications performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cogent Communications Market Price Analysis
Market price analysis indicators help investors to evaluate how Cogent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cogent Communications shares will generate the highest return on investment. By understating and applying Cogent Communications stock market price indicators, traders can identify Cogent Communications position entry and exit signals to maximize returns.
Cogent Communications Return and Market Media
The median price of Cogent Communications for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 76.9 with a coefficient of variation of 6.33. The daily time series for the period is distributed with a sample standard deviation of 4.88, arithmetic mean of 77.04, and mean deviation of 4.41. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 2400 shares by Thaddeus Weed of Cogent Communications at 69.6757 subject to Rule 16b-3 | 09/03/2024 |
| Cogent Communications dividend paid on 6th of September 2024 | 09/06/2024 |
2 | Disposition of 1550 shares by Kennedy Sheryl Lynn of Cogent Communications at 71.0573 subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 1400 shares by John Chang of Cogent Communications at 71.67 subject to Rule 16b-3 | 09/12/2024 |
4 | Acquisition by De Sa Paul of 1452 shares of Cogent Communications subject to Rule 16b-3 | 10/02/2024 |
5 | Wall Streets Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4 percent Dividend Yields | 10/14/2024 |
6 | Cogent Communications raises quarterly dividend by 1 percent to CAD 0.995share | 11/07/2024 |
7 | Olympiad Research LP Invests 404,000 in Cogent Communications Holdings, Inc. | 11/08/2024 |
8 | Cogent International Revenue Performance Explored | 11/11/2024 |
9 | Cogent Communications VP John Chang sells 183,327 in stock | 11/12/2024 |
10 | Cogent Communications Holdings, Inc. Director Sheryl Lynn Kennedy Sells 1,350 Shares of Stock | 11/13/2024 |
11 | Is Cogent Communications Holdings, Inc. Among The Top Dividend Contenders Right Now | 11/14/2024 |
12 | Disposition of 846 shares by Ferguson Lewis H of Cogent Communications at 81.762 subject to Rule 16b-3 | 11/18/2024 |
13 | Insider Sell Lewis Ferguson Sells Shares of Cogent Communications Holdings Inc | 11/20/2024 |
About Cogent Communications Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cogent or other stocks. Alpha measures the amount that position in Cogent Communications has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0442 | 0.0635 | 0.0504 | 0.0314 | Price To Sales Ratio | 5.76 | 4.46 | 3.83 | 2.89 |
Cogent Communications Upcoming Company Events
As portrayed in its financial statements, the presentation of Cogent Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cogent Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cogent Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cogent Communications. Please utilize our Beneish M Score to check the likelihood of Cogent Communications' management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Cogent Communications Backtesting, Cogent Communications Valuation, Cogent Communications Correlation, Cogent Communications Hype Analysis, Cogent Communications Volatility, Cogent Communications History and analyze Cogent Communications Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Cogent Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.