Codan Limited Stock Performance
| CODAF Stock | USD 10.59 0.00 0.00% |
On a scale of 0 to 100, Codan holds a performance score of 9. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Codan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Codan is expected to be smaller as well. Please check Codan's treynor ratio, rate of daily change, and the relationship between the variance and skewness , to make a quick decision on whether Codan's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Codan Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, Codan reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 22.4 M | |
| Total Cashflows From Investing Activities | -19.8 M |
Codan |
Codan Relative Risk vs. Return Landscape
If you would invest 730.00 in Codan Limited on April 28, 2025 and sell it today you would earn a total of 329.00 from holding Codan Limited or generate 45.07% return on investment over 90 days. Codan Limited is currently producing 0.7154% returns and takes up 5.6781% volatility of returns over 90 trading days. Put another way, 50% of traded pink sheets are less volatile than Codan, and 86% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Codan Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Codan's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Codan Limited, and traders can use it to determine the average amount a Codan's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.126
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Estimated Market Risk
| 5.68 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Codan is performing at about 9% 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 Codan by adding it to a well-diversified portfolio.
Codan Fundamentals Growth
Codan Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Codan, and Codan fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Codan Pink Sheet performance.
| Return On Equity | 0.3 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.27 % | |||
| Current Valuation | 506.91 M | |||
| Shares Outstanding | 181.17 M | |||
| Price To Earning | 8.39 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 0.96 X | |||
| Revenue | 506.14 M | |||
| EBITDA | 161.99 M | |||
| Cash And Equivalents | 22.61 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 52 M | |||
| Debt To Equity | 0.22 % | |||
| Book Value Per Share | 2.03 X | |||
| Cash Flow From Operations | 51.72 M | |||
| Earnings Per Share | 0.39 X | |||
| Total Asset | 590.93 M | |||
| Retained Earnings | 92 M | |||
| Current Asset | 69 M | |||
| Current Liabilities | 39 M | |||
About Codan Performance
By analyzing Codan's fundamental ratios, stakeholders can gain valuable insights into Codan's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Codan has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Codan has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia. Codan operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange.Things to note about Codan Limited performance evaluation
Checking the ongoing alerts about Codan for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Codan Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Codan Limited is way too risky over 90 days horizon | |
| Codan Limited appears to be risky and price may revert if volatility continues | |
| About 46.0% of the company shares are held by company insiders |
- Analyzing Codan's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Codan's stock is overvalued or undervalued compared to its peers.
- Examining Codan's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Codan's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Codan's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Codan's pink sheet. These opinions can provide insight into Codan's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Codan Pink Sheet analysis
When running Codan's price analysis, check to measure Codan'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 Codan is operating at the current time. Most of Codan's value examination focuses on studying past and present price action to predict the probability of Codan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codan's price. Additionally, you may evaluate how the addition of Codan to your portfolios can decrease your overall portfolio volatility.
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