Cogent Communications Meets 80-Plus Relative Strength Rating Benchmark

CCOI Stock  USD 75.77  0.36  0.47%   
Under 54% of Cogent Communications' investor base is interested to short. The analysis of overall sentiment of trading Cogent Communications Group stock suggests that many investors are impartial at this time. Cogent Communications' investing sentiment shows overall attitude of investors towards Cogent Communications Group.
  
Cogent Communications shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 83.

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Cogent Communications Fundamental Analysis

We analyze Cogent Communications' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cogent Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cogent Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Retained Earnings

Retained Earnings Comparative Analysis

Cogent Communications is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Cogent Communications Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cogent Communications stock to make a market-neutral strategy. Peer analysis of Cogent Communications could also be used in its relative valuation, which is a method of valuing Cogent Communications by comparing valuation metrics with similar companies.

Peers

Cogent Communications Related Equities

TLKTelkom Indonesia   1.10   
0%
25.0%
IHSIHS Holding   1.01   
0%
23.0%
IRDMIridium Communications   0.62   
0%
14.0%
LBRDPLiberty Broadband   0.52   
0%
11.0%
TIMBTIM Participacoes   0.34   
0%
7.0%
ATNIATN International   0.24   
5.0%
0%
IDTIDT   0.56   
12.0%
0%
KTKT   0.63   
14.0%
0%
CABOCable One   0.76   
17.0%
0%
LBTYALiberty Global   0.88   
20.0%
0%
CHTRCharter Communications   0.89   
20.0%
0%
LBRDKLiberty Broadband   1.12   
25.0%
0%
LBRDALiberty Broadband   1.36   
31.0%
0%
ATEXAnterix   1.63   
37.0%
0%
OOMAOoma   1.99   
45.0%
0%
SHENShenandoah Telecommunicatio   4.38   
100.0%
0%

Complementary Tools for Cogent Stock analysis

When running Cogent Communications' price analysis, check to measure Cogent Communications' 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 Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
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