Is Codere Online Stock a Good Investment?
Codere Online Investment Advice | CDROW |
- Examine Codere Online's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Codere Online's leadership team and their track record. Good management can help Codere Online navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Codere Online's business and its evolving consumer preferences.
- Compare Codere Online's performance and market position to its competitors. Analyze how Codere Online is positioned in terms of product offerings, innovation, and market share.
- Check if Codere Online pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Codere Online's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Codere Online Luxembourg stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Codere Online Luxembourg is a good investment.
Sell | Buy |
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 |
Examine Codere Online Stock
Researching Codere Online's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 428.55. Codere Online Luxembourg had not issued any dividends in recent years. The entity had 1:1 split on the 12th of March 2020.
To determine if Codere Online is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Codere Online's research are outlined below:
| 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 Quarterly Gross Profit |
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Codere Online's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.77) | (0.81) | |
| Return On Capital Employed | (2.42) | (2.30) | |
| Return On Assets | (0.77) | (0.81) | |
| Return On Equity | (2.19) | (2.08) |
Determining Codere Online's profitability involves analyzing its financial statements and using various financial metrics to determine if Codere Online is a good buy. For example, gross profit margin measures Codere Online's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Codere Online's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Codere Online's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Codere Online Luxembourg. Check Codere Online's Beneish M Score to see the likelihood of Codere Online's management manipulating its earnings.
Evaluate Codere Online's management efficiency
The company has return on total asset (ROA) of (0.3174) % which means that it has lost $0.3174 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.8168) %, meaning that it generated substantial loss on money invested by shareholders. Codere Online's management efficiency ratios could be used to measure how well Codere Online manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.81 in 2024. Return On Capital Employed is likely to climb to -2.3 in 2024. At this time, Codere Online's Non Current Assets Total are fairly stable compared to the past year. Asset Turnover is likely to climb to 2.10 in 2024, whereas Total Assets are likely to drop slightly above 60.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.49 | 0.47 | |
| Tangible Book Value Per Share | 0.49 | 0.46 | |
| Enterprise Value Over EBITDA | (0.98) | (1.03) | |
| Price Book Value Ratio | 4.01 | 4.21 | |
| Enterprise Value Multiple | (0.98) | (1.03) | |
| Price Fair Value | 4.01 | 4.21 | |
| Enterprise Value | 68.8 M | 65.4 M |
The management team at Codere Online has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 0.439 |
Basic technical analysis of Codere Stock
As of the 3rd of December, Codere Online shows the mean deviation of 5.4, and Risk Adjusted Performance of 0.0244. Codere Online Luxembourg technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Codere Online Luxembourg market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Codere Online Luxembourg is priced correctly, providing market reflects its regular price of 0.96 per share. Given that Codere Online is a hitting penny stock territory we recommend to closely look at its total risk alpha.Understand Codere Online's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Codere Online's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0244 | |||
| Market Risk Adjusted Performance | (0.55) | |||
| Mean Deviation | 5.4 | |||
| Semi Deviation | 6.87 | |||
| Downside Deviation | 8.77 | |||
| Coefficient Of Variation | 4967.43 | |||
| Standard Deviation | 7.54 | |||
| Variance | 56.81 | |||
| Information Ratio | 0.0036 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | (0.99) | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | (0.56) | |||
| Maximum Drawdown | 37.55 | |||
| Value At Risk | (13.68) | |||
| Potential Upside | 13.48 | |||
| Downside Variance | 76.87 | |||
| Semi Variance | 47.15 | |||
| Expected Short fall | (7.00) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.5842 |
| Risk Adjusted Performance | 0.0244 | |||
| Market Risk Adjusted Performance | (0.55) | |||
| Mean Deviation | 5.4 | |||
| Semi Deviation | 6.87 | |||
| Downside Deviation | 8.77 | |||
| Coefficient Of Variation | 4967.43 | |||
| Standard Deviation | 7.54 | |||
| Variance | 56.81 | |||
| Information Ratio | 0.0036 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | (0.99) | |||
| Sortino Ratio | 0.0031 | |||
| Treynor Ratio | (0.56) | |||
| Maximum Drawdown | 37.55 | |||
| Value At Risk | (13.68) | |||
| Potential Upside | 13.48 | |||
| Downside Variance | 76.87 | |||
| Semi Variance | 47.15 | |||
| Expected Short fall | (7.00) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.5842 |
Consider Codere Online's intraday indicators
Codere Online intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Codere Online stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Codere Online time-series forecasting models is one of many Codere Online's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Codere Online's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Codere Stock media impact
Far too much social signal, news, headlines, and media speculation about Codere Online that are available to investors today. That information is available publicly through Codere media outlets and privately through word of mouth or via Codere internal channels. However, regardless of the origin, that massive amount of Codere data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Codere Online news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Codere Online relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Codere Online's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Codere Online alpha.
Codere Online Corporate Management
| Matan Shemesh | Chief Strategy | Profile | |
| Yaiza Rodriguez | General Board | Profile | |
| Moshe Edree | Executive Board | Profile | |
| Gonzalo Osma | Chief Officer | Profile | |
| Oscar Iglesias | Chief Officer | Profile | |
| Alberto Telias | Chief Officer | Profile |
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.