Cogent Operating Margin from 2010 to 2024
| CCOI Stock | USD 63.13 1.18 1.90% |
Check Cogent Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogent main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.8 M, Interest Expense of 112.1 M or Selling General Administrative of 289.1 M, as well as many exotic indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0314 or PTB Ratio of 6.21. Cogent financial statements analysis is a perfect complement when working with Cogent Communications Valuation or Volatility modules.
Cogent | Operating Margin |
Latest Cogent Communications' Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Cogent Communications Group over the last few years. It is Cogent Communications' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cogent Communications' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (0.20) % | 10 Years Trend |
|
Operating Profit Margin |
| Timeline |
Cogent Operating Margin Regression Statistics
| Arithmetic Mean | 1.46 | |
| Geometric Mean | 0.20 | |
| Coefficient Of Variation | 356.52 | |
| Mean Deviation | 2.50 | |
| Median | 0.14 | |
| Standard Deviation | 5.20 | |
| Sample Variance | 27.02 | |
| Range | 20.361 | |
| R-Value | (0.44) | |
| Mean Square Error | 23.49 | |
| R-Squared | 0.19 | |
| Significance | 0.10 | |
| Slope | (0.51) | |
| Total Sum of Squares | 378.23 |
Cogent Operating Margin History
About Cogent Communications Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cogent Communications income statement, its balance sheet, and the statement of cash flows. Cogent Communications investors use historical funamental indicators, such as Cogent Communications's Operating Margin, to determine how well the company is positioned to perform in the future. Although Cogent Communications investors may use each financial statement separately, they are all related. The changes in Cogent Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cogent Communications'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. We offer a historical overview of the basic patterns found on Cogent Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cogent Communications. Please read more on our technical analysis and fundamental analysis pages.
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia. Cogent Comm operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 988 people.
Pair Trading with Cogent Communications
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 Cogent Communications 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 Cogent Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with Cogent Stock
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The ability to find closely correlated positions to Cogent Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogent Communications 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 Cogent Communications - 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 Cogent Communications Group to buy it.
The correlation of Cogent Communications 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 Cogent Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogent Communications 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 Cogent Communications 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.Check out the analysis of Cogent Communications Correlation against competitors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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Is Cogent Communications' industry 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 Cogent Communications. If investors know Cogent 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 Cogent Communications 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 228.092 | Dividend Share 3.76 | Earnings Share 26.62 | Revenue Per Share 18.802 | Quarterly Revenue Growth 0.702 |
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' 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 Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' 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 Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' 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.