Codan (Australia) Technical Analysis
| CDA Stock | 34.22 1.18 3.33% |
As of the 15th of February 2026, Codan shows the mean deviation of 2.09, and Risk Adjusted Performance of 0.0216. Codan 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.
Codan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Codan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CodanCodan |
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 stock 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.
| 11/17/2025 |
| 02/15/2026 |
If you would invest 0.00 in Codan on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding Codan or generate 0.0% return on investment in Codan over 90 days. Codan is related to or competes with Aneka Tambang, Block, RIO Tinto, BHP, Newmont, News, and News. Codan is entity of Australia. It is traded as Stock on AU exchange. 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 stock 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 20.8 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.43 |
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 | 0.0216 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1709 |
Codan February 15, 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 | 0.0216 | |||
| Market Risk Adjusted Performance | 0.1809 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.62 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 5747.29 | |||
| Standard Deviation | 3.26 | |||
| Variance | 10.61 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1709 | |||
| Maximum Drawdown | 20.8 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.43 | |||
| Downside Variance | 7.31 | |||
| Semi Variance | 6.84 | |||
| Expected Short fall | (2.35) | |||
| Skewness | 1.86 | |||
| Kurtosis | 10.26 |
Codan Backtested Returns
Currently, Codan is not too volatile. Codan secures Sharpe Ratio (or Efficiency) of 0.053, which signifies that the company had a 0.053 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Codan, which you can use to evaluate the volatility of the firm. Please confirm Codan's mean deviation of 2.09, and Risk Adjusted Performance of 0.0216 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Codan has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Codan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Codan is expected to be smaller as well. Codan right now shows a risk of 3.2%. Please confirm Codan mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Codan will be following its price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Codan has insignificant predictability. Overlapping area represents the amount of predictability between Codan time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th 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 price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Codan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 9.24 |
Codan 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.
Codan Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Codan across different markets.
About Codan Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Codan on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Codan based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Codan price pattern first instead of the macroeconomic environment surrounding Codan. By analyzing Codan's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Codan's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Codan specific price patterns or momentum indicators. Please read more on our technical analysis page.
Codan February 15, 2026 Technical Indicators
Most technical analysis of Codan help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Codan from various momentum indicators to cycle indicators. When you analyze Codan charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0216 | |||
| Market Risk Adjusted Performance | 0.1809 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.62 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 5747.29 | |||
| Standard Deviation | 3.26 | |||
| Variance | 10.61 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1709 | |||
| Maximum Drawdown | 20.8 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.43 | |||
| Downside Variance | 7.31 | |||
| Semi Variance | 6.84 | |||
| Expected Short fall | (2.35) | |||
| Skewness | 1.86 | |||
| Kurtosis | 10.26 |
Codan February 15, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Codan stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.03 | ||
| Daily Balance Of Power | (0.99) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 34.82 | ||
| Day Typical Price | 34.62 | ||
| Price Action Indicator | (1.18) | ||
| Market Facilitation Index | 1.19 |
Additional Tools for Codan Stock Analysis
When running Codan's price analysis, check to measure Codan'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 Codan is operating at the current time. Most of Codan's value examination focuses on studying past and present price action to predict the probability of Codan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codan's price. Additionally, you may evaluate how the addition of Codan to your portfolios can decrease your overall portfolio volatility.