Codere Online Luxembourg Stock Buy Hold or Sell Recommendation
| CDROW Stock | USD 0.84 0.02 2.44% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Codere Online Luxembourg is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Codere Online Luxembourg given historical horizon and risk tolerance towards Codere Online. When Macroaxis issues a 'buy' or 'sell' recommendation for Codere Online Luxembourg, the advice is generated through an automated system that utilizes algorithms and statistical models.
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. Note, we conduct extensive research on individual companies such as Codere and provide practical buy, sell, or hold advice based on investors' constraints. Codere Online Luxembourg. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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 Luxembourg. Macroaxis does not own or have any residual interests in Codere Online Luxembourg 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
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Codere Online Trading Alerts and Improvement Suggestions
| Codere Online is way too risky over 90 days horizon | |
| Codere Online has some characteristics of a very speculative penny stock | |
| Codere Online appears to be risky and price may revert if volatility continues | |
| Codere Online has high likelihood to experience some financial distress in the next 2 years | |
| Codere Online Luxembourg has accumulated 4.95 M in total debt. Codere Online Luxembourg has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Codere Online's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 115.75 M. Net Loss for the year was (43.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Codere Online Luxembourg has accumulated about 6.58 M in cash with (42.36 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 109.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Codere Online has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Codere Online to Release Financial Results for the Third Quarter 2024 on November 27th - Yahoo Finance |
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 Luxembourg 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 | 0.0009 | Value At Risk | -13.68 | Potential Upside | 13.48 | Standard Deviation | 7.52 |
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 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 | 0.02 | |
β | Beta against Dow Jones | -0.24 | |
σ | Overall volatility | 133.53 | |
Ir | Information ratio | -0.02 |
Codere Online Volatility Alert
Codere Online Luxembourg is displaying above-average volatility over the selected time horizon. Codere Online Luxembourg is a potential penny stock. Although Codere Online may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Codere Online Luxembourg. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Codere instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.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) % |
| Number Of Shares Shorted | 8.27 K | 4.71 M |
| Revenue | 115.75 M | 9.43 B |
| EBITDA | (54.95 M) | 3.9 B |
| Net Income | (43.41 M) | 570.98 M |
| Cash And Equivalents | 6.58 M | 2.7 B |
| Cash Per Share | 109.73 X | 5.01 X |
| Total Debt | 4.95 M | 5.32 B |
| Current Ratio | 0.56 X | 2.16 X |
| Book Value Per Share | 0.47 X | 1.93 K |
| Cash Flow From Operations | (42.36 M) | 971.22 M |
| Earnings Per Share | (428.55) X | 3.12 X |
| Number Of Employees | 249 | 18.84 K |
| Beta | 0.44 | -0.15 |
| 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 Luxembourg? 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?
Run Restaurants Thematic Idea Now
Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaurants Theme or any other thematic opportunities.
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Additional Tools for Codere Stock Analysis
When running Codere Online's price analysis, check to measure Codere Online'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 Codere Online is operating at the current time. Most of Codere Online's value examination focuses on studying past and present price action to predict the probability of Codere Online's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codere Online's price. Additionally, you may evaluate how the addition of Codere Online to your portfolios can decrease your overall portfolio volatility.