Cogent Communications Group Stock Price on May 4, 2022
| CCOI Stock | USD 63.29 0.16 0.25% |
Below is the normalized historical share price chart for Cogent Communications Group extending back to February 05, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cogent Communications stands at 63.29, as last reported on the 19th of April, with the highest price reaching 63.99 and the lowest price hitting 62.92 during the day.
If you're considering investing in Cogent Stock, it is important to understand the factors that can impact its price. Cogent Communications secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Cogent Communications Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cogent Communications' Mean Deviation of 1.5, risk adjusted performance of (0.05), and Standard Deviation of 2.08 to double-check the risk estimate we provide.
As of now, Cogent Communications' Sale Purchase Of Stock is increasing as compared to previous years. The Cogent Communications' current Stock Based Compensation To Revenue is estimated to increase to 0.04, while Common Stock Total Equity is projected to decrease to under 40.9 K. . As of now, Cogent Communications' Price To Book Ratio is increasing as compared to previous years. The Cogent Communications' current Price Cash Flow Ratio is estimated to increase to 218.13, while Price To Sales Ratio is projected to decrease to 2.89. Cogent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of February 2002 | 200 Day MA 68.0747 | 50 Day MA 69.7524 | Beta 0.377 |
Cogent |
Sharpe Ratio = -0.1238
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| Negative Returns | CCOI |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cogent Communications is not performing at its full potential. However, 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 Cogent Communications by adding Cogent Communications to a well-diversified portfolio.
Price Book 5.0683 | Enterprise Value Ebitda 3.1072 | Price Sales 3.4684 | Shares Float 41.1 M | Dividend Share 3.76 |
Cogent Communications Valuation on May 4, 2022
It is possible to determine the worth of Cogent Communications on a given historical date. On May 4, 2022 Cogent was worth 60.91 at the beginning of the trading date compared to the closed value of 56.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cogent Communications stock. Still, in general, we apply an absolute valuation method to find Cogent Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cogent Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cogent Communications' related companies.
| Open | High | Low | Close | Volume | |
| 59.91 | 61.16 | 54.00 | 54.00 | 334,835 | |
05/04/2022 | 60.91 | 64.09 | 56.56 | 56.56 | 296,108 |
| 63.17 | 64.11 | 54.68 | 54.68 | 363,844 |
| Backtest Cogent Communications | | | Cogent Communications History | | | Cogent Communications Valuation | Previous | Next |
Cogent Communications Trading Date Momentum on May 4, 2022
| On May 05 2022 Cogent Communications Group was traded for 54.68 at the closing time. The top price for the day was 64.11 and the lowest listed price was 54.68 . The trading volume for the day was 363.8 K. The trading history from May 5, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.32% . The overall trading delta against the current closing price is 4.90% . |
Cogent Communications Fundamentals Correlations and Trends
By evaluating Cogent Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cogent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cogent Communications Stock history
Cogent Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cogent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cogent Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cogent Communications stock prices may prove useful in developing a viable investing in Cogent Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.8 M | 39.9 M | |
| Net Income Applicable To Common Shares | 4.6 M | 4.4 M |
Cogent Communications Stock Technical Analysis
Cogent Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cogent Communications Period Price Range
Low | May 4, 2022
| High |
60.91 | 56.56 |
Cogent Communications April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Cogent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cogent Communications shares will generate the highest return on investment. By undertsting and applying Cogent Communications stock market strength indicators, traders can identify Cogent Communications Group entry and exit signals to maximize returns
| Accumulation Distribution | 34790.03 | |||
| Daily Balance Of Power | (0.58) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 60.33 | |||
| Day Typical Price | 59.07 | |||
| Price Action Indicator | (5.94) | |||
| Period Momentum Indicator | 6.73 |
Cogent Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cogent Communications' price direction in advance. Along with the technical and fundamental analysis of Cogent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cogent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.31) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Communications Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.