Cofix Group Stock Current Asset

CFX Stock  ILS 414.60  11.10  2.61%   
Cofix Group fundamentals help investors to digest information that contributes to Cofix's financial success or failures. It also enables traders to predict the movement of Cofix Stock. The fundamental analysis module provides a way to measure Cofix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cofix stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cofix Current Asset Analysis

Cofix's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Current Cofix Current Asset

    
  2 M  
Most of Cofix's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cofix Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Cofix Group has a Current Asset of 2 M. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 99.65% lower than that of the Consumer Discretionary industry. The current asset for all Israel stocks is 99.98% higher than that of the company.

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Cofix Fundamentals

About Cofix Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cofix Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cofix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cofix Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cofix Group Ltd operates and franchises coffee shops, supermarkets, and bars in Israel. Cofix Group Ltd is a subsidiary of Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. COFIX GROUP is traded on Tel Aviv Stock Exchange in Israel.
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 Cofix 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, Cofix's short interest history, or implied volatility extrapolated from Cofix options trading.

Pair Trading with Cofix

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 Cofix 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 Cofix will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cofix Stock

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Moving against Cofix Stock

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The ability to find closely correlated positions to Cofix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cofix 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 Cofix - 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 Cofix Group to buy it.
The correlation of Cofix 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 Cofix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cofix 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 Cofix 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
Check out Cofix Piotroski F Score and Cofix Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Cofix's price analysis, check to measure Cofix'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 Cofix is operating at the current time. Most of Cofix's value examination focuses on studying past and present price action to predict the probability of Cofix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cofix's price. Additionally, you may evaluate how the addition of Cofix to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cofix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cofix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cofix's 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.