Cofix Group Stock Filter Stocks by Fundamentals
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.
Cofix |
Did you try this?
Run Portfolio Optimization Now
Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
| All Next | Launch Module |
Cofix Fundamentals
| Return On Equity | -0.59 | |||
| Return On Asset | 0.0012 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 301.03 M | |||
| Shares Outstanding | 25.32 M | |||
| Shares Owned By Insiders | 60.35 % | |||
| Shares Owned By Institutions | 9.49 % | |||
| Price To Book | 7.89 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 303.42 M | |||
| Gross Profit | 89.83 M | |||
| EBITDA | 21.19 M | |||
| Net Income | (5.92 M) | |||
| Cash And Equivalents | 29.33 M | |||
| Cash Per Share | 1.57 X | |||
| Total Debt | 612 K | |||
| Debt To Equity | 283.60 % | |||
| Current Ratio | 0.67 X | |||
| Book Value Per Share | 0.82 X | |||
| Cash Flow From Operations | 34.84 M | |||
| Earnings Per Share | (0.31) X | |||
| Number Of Employees | 620 | |||
| Beta | 0.83 | |||
| Market Capitalization | 144.99 M | |||
| Total Asset | 245.58 M | |||
| Retained Earnings | (37 M) | |||
| Working Capital | 2 M | |||
| Current Asset | 2 M | |||
| Net Asset | 245.58 M |
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.
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
| 0.66 | HRON | Hiron Trade Investments | PairCorr |
| 0.78 | ILCO | Israel Corp | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofix 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 board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Cofix Stock analysis
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.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |