Coda Net Income from 2010 to 2024
| CODA Stock | USD 6.12 0.04 0.65% |
Net Income | First Reported 2006-01-31 | Previous Quarter -321 K | Current Value 629.9 K | Quarterly Volatility 2.2 M |
Check Coda Octopus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coda main balance sheet or income statement drivers, such as Depreciation And Amortization of 546.9 K, Interest Expense of 0.0 or Selling General Administrative of 6 M, as well as many exotic indicators such as Price To Sales Ratio of 3.59, Dividend Yield of 0.0122 or PTB Ratio of 1.66. Coda financial statements analysis is a perfect complement when working with Coda Octopus Valuation or Volatility modules.
Coda | Net Income |
Latest Coda Octopus' Net Income Growth Pattern
Below is the plot of the Net Income of Coda Octopus Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Coda Octopus Group financial statement analysis. It represents the amount of money remaining after all of Coda Octopus Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Coda Octopus' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coda Octopus' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.12 M | 10 Years Trend |
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Net Income |
| Timeline |
Coda Net Income Regression Statistics
| Arithmetic Mean | 2,932,429 | |
| Geometric Mean | 3,366,661 | |
| Coefficient Of Variation | 90.85 | |
| Mean Deviation | 1,949,119 | |
| Median | 3,592,771 | |
| Standard Deviation | 2,664,106 | |
| Sample Variance | 7.1T | |
| Range | 9.1M | |
| R-Value | 0.41 | |
| Mean Square Error | 6.4T | |
| R-Squared | 0.17 | |
| Significance | 0.13 | |
| Slope | 244,897 | |
| Total Sum of Squares | 99.4T |
Coda Net Income History
Other Fundumenentals of Coda Octopus Group
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Coda Octopus Net Income component correlations
About Coda Octopus Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Coda Octopus income statement, its balance sheet, and the statement of cash flows. Coda Octopus investors use historical funamental indicators, such as Coda Octopus's Net Income, to determine how well the company is positioned to perform in the future. Although Coda Octopus investors may use 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. We offer a historical overview of the basic patterns found on Coda Octopus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Coda Octopus. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 3.6 M | 3.8 M | |
| Net Income From Continuing Ops | 3.6 M | 3.5 M | |
| Net Income Applicable To Common Shares | 4.9 M | 3.7 M | |
| Net Income Per Share | 0.25 | 0.27 | |
| Net Income Per E B T | 1.05 | 1.12 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coda Octopus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coda Octopus' short interest history, or implied volatility extrapolated from Coda Octopus options trading.
Pair Trading with Coda Octopus
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.Moving against Coda Stock
| 0.54 | BHE | Benchmark Electronics Financial Report 1st of May 2024 | PairCorr |
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.Check out the analysis of Coda Octopus Correlation against competitors. Note that the Coda Octopus Group information on this page should be used as a complementary analysis to other Coda Octopus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Coda Stock analysis
When running Coda Octopus' price analysis, check to measure Coda Octopus' 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 Coda Octopus is operating at the current time. Most of Coda Octopus' value examination focuses on studying past and present price action to predict the probability of Coda Octopus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coda Octopus' price. Additionally, you may evaluate how the addition of Coda Octopus to your portfolios can decrease your overall portfolio volatility.
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Is Coda Octopus' 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 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 (0.53) | Earnings Share 0.21 | Revenue Per Share 1.63 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0235 |
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.