Codorus Valley Shares Outstanding vs. Return On Asset
CVLYDelisted Stock | USD 24.04 1.09 4.75% |
For Codorus Valley profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Codorus Valley to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Codorus Valley Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Codorus Valley's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Codorus Valley Bancorp over time as well as its relative position and ranking within its peers.
Codorus |
Codorus Valley Bancorp Return On Asset vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Codorus Valley's current stock value. Our valuation model uses many indicators to compare Codorus Valley value to that of its competitors to determine the firm's financial worth. Codorus Valley Bancorp is rated second in shares outstanding category among its peers. It is rated third in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Codorus Valley Bancorp is about 956,671,287 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Codorus Valley's earnings, one of the primary drivers of an investment's value.Codorus Return On Asset vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Codorus Valley |
| = | 9.66 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Codorus Valley |
| = | 0.0101 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Codorus Return On Asset Comparison
Codorus Valley is currently under evaluation in return on asset category among its peers.
Codorus Valley Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Codorus Valley, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Codorus Valley will eventually generate negative long term returns. The profitability progress is the general direction of Codorus Valley's change in net profit over the period of time. It can combine multiple indicators of Codorus Valley, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Codorus Valley Bancorp, Inc. operates as the bank holding company for the PeoplesBank that provides community banking services. The company was founded in 1864 and is headquartered in York, Pennsylvania. Codorus Valley operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 327 people.
Codorus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Codorus Valley. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Codorus Valley position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Codorus Valley's important profitability drivers and their relationship over time.
Use Codorus Valley in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Codorus Valley position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Codorus Valley will appreciate offsetting losses from the drop in the long position's value.Codorus Valley Pair Trading
Codorus Valley Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Codorus Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Codorus Valley when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Codorus Valley - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Codorus Valley Bancorp to buy it.
The correlation of Codorus Valley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Codorus Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Codorus Valley Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Codorus Valley can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Codorus Valley position
In addition to having Codorus Valley 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming 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 Farming Theme or any other thematic opportunities.
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Other Consideration for investing in Codorus Stock
If you are still planning to invest in Codorus Valley Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Codorus Valley's history and understand the potential risks before investing.
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