Codere Online Corp Stock Buy Hold or Sell Recommendation
| CDRO Stock | USD 7.60 0.23 2.94% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Codere Online Corp is 'Sell'. The recommendation algorithm takes into account all of Codere Online's available fundamental, technical, and predictive indicators you will find on this site.
Check out Codere Online Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Codere and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Codere Online Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Codere |
Execute Codere Online Buy or Sell Advice
The Codere recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Codere Online Corp. Macroaxis does not own or have any residual interests in Codere Online Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Codere Online's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Codere Online Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 73.17 M. | |
| Codere Online Corp currently holds about 84.52 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.87. | |
| Roughly 68.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Stifel maintains Buy on Codere Online, holds 10 target |
Codere Online Returns Distribution Density
The distribution of Codere Online's historical returns is an attempt to chart the uncertainty of Codere Online's future price movements. The chart of the probability distribution of Codere Online daily returns describes the distribution of returns around its average expected value. We use Codere Online Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Codere Online returns is essential to provide solid investment advice for Codere Online.
| Mean Return | -0.01 | Value At Risk | -2.14 | Potential Upside | 3.69 | Standard Deviation | 2.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Codere Online historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Codere Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Codere Online, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Codere Online Corp back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 10.9 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 10 K | Olistico Wealth Llc | 2024-09-30 | 600 | Bamco Inc | 2024-09-30 | 3.5 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 400 K | Mmbg Investment Advisors Co. | 2024-09-30 | 319.7 K | Ubs Group Ag | 2024-06-30 | 122.9 K | Renaissance Technologies Corp | 2024-09-30 | 89.1 K | Blair William & Co | 2024-06-30 | 83 K | Fny Investment Advisers, Llc | 2024-06-30 | 62.3 K | Millennium Management Llc | 2024-06-30 | 23.1 K |
Codere Online Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Codere Online or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Codere Online's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Codere stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 2.08 | |
Ir | Information ratio | -0.07 |
Codere Online Volatility Alert
Codere Online Corp exhibits very low volatility with skewness of 0.29 and kurtosis of 4.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Codere Online's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Codere Online's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Codere Online Fundamentals Vs Peers
Comparing Codere Online's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Codere Online's direct or indirect competition across all of the common fundamentals between Codere Online and the related equities. This way, we can detect undervalued stocks with similar characteristics as Codere Online or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Codere Online's fundamental indicators could also be used in its relative valuation, which is a method of valuing Codere Online by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Codere Online to competition |
| Fundamentals | Codere Online | Peer Average |
| Return On Equity | -0.82 | -0.31 |
| Return On Asset | -0.32 | -0.14 |
| Profit Margin | (0.22) % | (1.27) % |
| Operating Margin | (0.15) % | (5.51) % |
| Current Valuation | 288.81 M | 16.62 B |
| Shares Outstanding | 45.3 M | 571.82 M |
| Shares Owned By Insiders | 67.73 % | 10.09 % |
| Shares Owned By Institutions | 10.05 % | 39.21 % |
| Number Of Shares Shorted | 380.1 K | 4.71 M |
| Price To Book | 15.25 X | 9.51 X |
| Price To Sales | 2.47 X | 11.42 X |
| Revenue | 115.75 M | 9.43 B |
| Gross Profit | 73.17 M | 27.38 B |
| EBITDA | (54.95 M) | 3.9 B |
| Net Income | (43.41 M) | 570.98 M |
| Cash And Equivalents | 84.52 M | 2.7 B |
| Cash Per Share | 1.87 X | 5.01 X |
| Total Debt | 4.95 M | 5.32 B |
| Debt To Equity | 0.08 % | 48.70 % |
| Current Ratio | 2.27 X | 2.16 X |
| Book Value Per Share | 0.47 X | 1.93 K |
| Cash Flow From Operations | (42.36 M) | 971.22 M |
| Short Ratio | 4.67 X | 4.00 X |
| Earnings Per Share | (0.71) X | 3.12 X |
| Target Price | 11.31 | |
| Number Of Employees | 249 | 18.84 K |
| Beta | 0.44 | -0.15 |
| Market Capitalization | 339.73 M | 19.03 B |
| Total Asset | 69.31 M | 29.47 B |
| Retained Earnings | (148.42 M) | 9.33 B |
| Working Capital | 25.57 M | 1.48 B |
| Net Asset | 69.31 M |
Codere Online Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Codere . With many 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.
About Codere Online Buy or Sell Advice
When is the right time to buy or sell Codere Online Corp? Buying financial instruments such as Codere Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Codere Online in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Codere Online Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Revenue Per Share 3.083 | Quarterly Revenue Growth 0.456 | Return On Assets (0.32) | Return On Equity (0.82) |
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.