Coda Octopus Shares Owned By Insiders vs. Shares Outstanding

CODA Stock  USD 8.98  0.16  1.75%   
Based on Coda Octopus' profitability indicators, Coda Octopus' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Coda Octopus' ability to earn profits and add value for shareholders. 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 Days Sales Outstanding is expected to grow to 108.03, whereas EV To Sales is forecasted to decline to 1.62. At present, Coda Octopus' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 4.1 M, whereas Accumulated Other Comprehensive Income is projected to grow to (2.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.470.61
Significantly Down
Slightly volatile
For Coda Octopus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coda Octopus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coda Octopus Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coda Octopus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coda Octopus Group over time as well as its relative position and ranking within its peers.
  

Coda Octopus' Revenue Breakdown by Earning Segment

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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coda Octopus. If investors know Coda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coda Octopus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.222
Earnings Share
0.26
Revenue Per Share
1.678
Quarterly Revenue Growth
0.12
Return On Assets
0.0344
The market value of Coda Octopus Group is measured differently than its book value, which is the value of Coda that is recorded on the company's balance sheet. Investors also form their own opinion of Coda Octopus' value that differs from its market value or its book value, called intrinsic value, which is Coda Octopus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coda Octopus' market value can be influenced by many factors that don't directly affect Coda Octopus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coda Octopus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Coda Octopus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coda Octopus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Coda Octopus Group Shares Outstanding vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Coda Octopus's current stock value. Our valuation model uses many indicators to compare Coda Octopus value to that of its competitors to determine the firm's financial worth.
Coda Octopus Group is number one stock in shares owned by insiders category among its peers. It also is number one stock in shares outstanding category among its peers creating about  219,442  of Shares Outstanding per Shares Owned By Insiders. As of December 9, 2024, Common Stock Shares Outstanding is expected to decline to about 7.4 M. 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 Coda Octopus' earnings, one of the primary drivers of an investment's value.

Coda Shares Outstanding vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Coda Octopus

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
51.02 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.

Coda Octopus

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
11.2 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.

Coda Shares Outstanding Comparison

Coda Octopus is currently under evaluation in shares outstanding category among its peers.

Coda Octopus Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Coda Octopus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coda Octopus will eventually generate negative long term returns. The profitability progress is the general direction of Coda Octopus' change in net profit over the period of time. It can combine multiple indicators of Coda Octopus, 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.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-3.1 M-2.9 M
Operating Income3.2 M3.3 M
Income Before Tax3.9 M4.1 M
Total Other Income Expense Net613.5 K447 K
Net Income3.6 M3.8 M
Income Tax Expense-341.6 K-324.6 K
Net Income From Continuing Ops3.6 M3.5 M
Non Operating Income Net Other124.2 K118 K
Net Income Applicable To Common Shares4.9 M3.7 M
Interest Income578.3 K398.2 K
Net Interest Income738.9 K775.9 K
Change To Netincome1.1 M1.1 M
Net Income Per Share 0.25  0.27 
Income Quality 0.69  0.62 
Net Income Per E B T 1.05  1.12 

Coda Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Coda Octopus. 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 Coda Octopus 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 Coda Octopus' important profitability drivers and their relationship over time.

Use Coda Octopus 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 Coda Octopus 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 Coda Octopus will appreciate offsetting losses from the drop in the long position's value.

Coda Octopus Pair Trading

Coda Octopus Group Pair Trading Analysis

The ability to find closely correlated positions to Coda Octopus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coda Octopus 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 Coda Octopus - 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 Coda Octopus Group to buy it.
The correlation of Coda Octopus 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 Coda Octopus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coda Octopus Group 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 Coda Octopus 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Coda Octopus position

In addition to having Coda Octopus 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 Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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When determining whether Coda Octopus Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coda Octopus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coda Octopus Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coda Octopus Group Stock:
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You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
To fully project Coda Octopus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coda Octopus Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Coda Octopus' income statement, its balance sheet, and the statement of cash flows.
Potential Coda Octopus investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Coda Octopus investors may work on each financial statement separately, they are all related. The changes in Coda Octopus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coda Octopus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.