Coda Octopus Group Stock Price on September 25, 2024

CODA Stock  USD 7.86  0.37  4.50%   
Below is the normalized historical share price chart for Coda Octopus Group extending back to May 17, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Coda Octopus stands at 7.86, as last reported on the 23rd of December, with the highest price reaching 8.21 and the lowest price hitting 7.83 during the day.
IPO Date
22nd of October 2008
200 Day MA
7.1688
50 Day MA
8.7134
Beta
0.526
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Coda Stock, it is important to understand the factors that can impact its price. Coda Octopus appears to be somewhat reliable, given 3 months investment horizon. Coda Octopus Group secures Sharpe Ratio (or Efficiency) of 0.076, which signifies that the company had a 0.076% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Coda Octopus Group, which you can use to evaluate the volatility of the firm. Please makes use of Coda Octopus' mean deviation of 2.06, and Risk Adjusted Performance of 0.0757 to double-check if our risk estimates are consistent with your expectations.
  
At present, Coda Octopus' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 62.6 M, whereas Common Stock Total Equity is forecasted to decline to 9,335. . At present, Coda Octopus' Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 22.22, whereas Price Book Value Ratio is forecasted to decline to 1.66. Coda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.076

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsCODA
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.7
  actual daily
24
76% of assets are more volatile

Expected Return

 0.21
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
5
95% of assets perform better
Based on monthly moving average Coda Octopus is performing at about 5% of its full potential. 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 Coda Octopus by adding it to a well-diversified portfolio.
Price Book
1.729
Enterprise Value Ebitda
14.967
Price Sales
4.8946
Shares Float
6.2 M
Wall Street Target Price
11

Coda Octopus Valuation on September 25, 2024

It is possible to determine the worth of Coda Octopus on a given historical date. On September 25, 2024 Coda was worth 7.28 at the beginning of the trading date compared to the closed value of 7.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coda Octopus stock. Still, in general, we apply an absolute valuation method to find Coda Octopus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Coda Octopus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coda Octopus' related companies.
 Open High Low Close Volume
  7.26    7.43    7.15    7.37    16,057  
09/25/2024
  7.28    7.36    7.26    7.30    9,037  
  7.30    7.34    7.27    7.29    16,763  
Backtest Coda Octopus  |  Coda Octopus History  |  Coda Octopus Valuation   PreviousNext  
Open Value
7.28
7.3
Closing Value
15.37
Upside

Coda Octopus Trading Date Momentum on September 25, 2024

On September 26 2024 Coda Octopus Group was traded for  7.29  at the closing time. The top price for the day was 7.34  and the lowest listed price was  7.27 . The trading volume for the day was 16.8 K. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.14% . The overall trading delta against the current closing price is 1.10% .

Coda Octopus Group Fundamentals Correlations and Trends

By evaluating Coda Octopus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Coda Octopus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coda financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Coda Octopus Stock history

Coda Octopus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Coda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coda Octopus Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Coda Octopus stock prices may prove useful in developing a viable investing in Coda Octopus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding13 M7.4 M
Net Income Applicable To Common Shares4.9 M3.7 M

Coda Octopus Quarterly Net Working Capital

42.68 Million

Coda Octopus Stock Technical Analysis

Coda Octopus 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.
A focus of Coda Octopus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Coda Octopus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Coda Octopus Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Coda Octopus Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Coda Octopus December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Coda Octopus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coda Octopus shares will generate the highest return on investment. By undertsting and applying Coda Octopus stock market strength indicators, traders can identify Coda Octopus Group entry and exit signals to maximize returns

Coda Octopus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Coda Octopus' price direction in advance. Along with the technical and fundamental analysis of Coda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coda to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Coda Stock analysis

When running Coda Octopus' price analysis, check to measure Coda Octopus' 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 Coda Octopus is operating at the current time. Most of Coda Octopus' value examination focuses on studying past and present price action to predict the probability of Coda Octopus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coda Octopus' price. Additionally, you may evaluate how the addition of Coda Octopus to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments