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CGS (Cogstate) Stock Analysis
Buy, Hold or Sell?

Let's analyze Cogstate together

I guess you are interested in Cogstate Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Cogstate’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Cogstate’s Price Targets

I'm going to help you getting a better view of Cogstate Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Cogstate (30 sec.)










1.2. What can you expect buying and holding a share of Cogstate? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
A$0.29
Expected worth in 1 year
A$-0.53
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$-0.82
Return On Investment
-55.8%

For what price can you sell your share?

Current Price per Share
A$1.47
Expected price per share
A$1.25 - A$1.585
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Cogstate (5 min.)




Live pricePrice per Share (EOD)
A$1.47
Intrinsic Value Per Share
A$-0.97 - A$1.24
Total Value Per Share
A$-0.68 - A$1.53

2.2. Growth of Cogstate (5 min.)




Is Cogstate growing?

Current yearPrevious yearGrowGrow %
How rich?$32.5m$56.6m-$24.1m-74.2%

How much money is Cogstate making?

Current yearPrevious yearGrowGrow %
Making money$5.4m$5.3m$145.8k2.7%
Net Profit Margin8.2%8.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Cogstate (5 min.)




2.4. Comparing to competitors in the Health Information Services industry (5 min.)




  Industry Rankings (Health Information Services)  


Richest
#48 / 96

Most Revenue
#30 / 96

Most Profit
#16 / 96
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Cogstate?

Welcome investor! Cogstate's management wants to use your money to grow the business. In return you get a share of Cogstate.

First you should know what it really means to hold a share of Cogstate. And how you can make/lose money.

Speculation

The Price per Share of Cogstate is A$1.47. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cogstate.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cogstate, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.29. Based on the TTM, the Book Value Change Per Share is A$-0.20 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cogstate.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.032.1%0.032.1%0.021.4%0.032.1%0.021.6%0.010.6%
Usd Book Value Change Per Share-0.13-9.1%-0.13-9.1%0.053.4%0.010.5%0.021.4%0.010.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.1%0.010.3%0.000.2%
Usd Total Gains Per Share-0.13-9.1%-0.13-9.1%0.053.4%0.010.6%0.031.7%0.021.0%
Usd Price Per Share0.73-0.73-1.07-0.93-0.78-0.59-
Price to Earnings Ratio23.14-23.14-53.04-33.17-19.74--20.97-
Price-to-Total Gains Ratio-5.47--5.47-21.33-8.31-10.83-38.24-
Price to Book Ratio3.88-3.88-3.34-3.63-3.58-4.23-
Price-to-Total Gains Ratio-5.47--5.47-21.33-8.31-10.83-38.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.956088
Number of shares1045
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share-0.130.02
Usd Total Gains Per Share-0.130.03
Gains per Quarter (1045 shares)-139.2726.69
Gains per Year (1045 shares)-557.09106.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-557-567218697
20-1114-112442171204
30-1671-168163257311
40-2228-223884343418
50-2785-2795106428525
60-3343-3352127514632
70-3900-3909148599739
80-4457-4466169685846
90-5014-5023190771953
100-5571-55802118561060

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.05.00.050.0%8.014.01.034.8%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%15.08.00.065.2%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%3.00.07.030.0%3.00.020.013.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%16.07.00.069.6%
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3.2. Key Performance Indicators

The key performance indicators of Cogstate Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.205-0.2050%0.077-365%0.010-2085%0.031-751%0.018-1257%
Book Value Per Share--0.2890.2890%0.494-42%0.400-28%0.332-13%0.226+28%
Current Ratio--3.4543.4540%3.187+8%2.980+16%2.391+44%2.279+52%
Debt To Asset Ratio--0.4380.4380%0.303+45%0.393+12%0.454-3%0.405+8%
Debt To Equity Ratio--0.6190.6190%0.435+42%0.610+2%0.850-27%0.711-13%
Dividend Per Share----0%-0%0.003-100%0.008-100%0.005-100%
Enterprise Value--224280917.472224280917.4720%319375989.641-30%274885561.778-18%218990306.815+2%159922878.950+40%
Eps--0.0480.0480%0.031+56%0.048+0%0.036+35%0.013+266%
Ev To Ebitda Ratio--14.73914.7390%24.555-40%16.469-11%8.405+75%39.309-63%
Ev To Sales Ratio--2.2012.2010%3.454-36%2.867-23%2.563-14%2.405-8%
Free Cash Flow Per Share--0.0630.0630%-0.013+121%0.041+53%0.052+22%0.019+231%
Free Cash Flow To Equity Per Share--0.0200.0200%-0.025+227%0.026-25%0.059-67%0.027-26%
Gross Profit Margin--0.9970.9970%0.986+1%0.993+0%1.004-1%1.114-11%
Intrinsic Value_10Y_max--1.237----------
Intrinsic Value_10Y_min---0.967----------
Intrinsic Value_1Y_max--0.067----------
Intrinsic Value_1Y_min---0.010----------
Intrinsic Value_3Y_max--0.246----------
Intrinsic Value_3Y_min---0.106----------
Intrinsic Value_5Y_max--0.476----------
Intrinsic Value_5Y_min---0.284----------
Market Cap248103660.000+22%193871771.520193871771.5200%290968586.700-33%251499167.548-23%210123953.217-8%156655723.429+24%
Net Profit Margin--0.0820.0820%0.088-7%0.113-27%0.0820%0.004+2211%
Operating Margin--0.1080.1080%0.077+41%0.141-24%0.083+30%-0.006+106%
Operating Ratio--0.7120.7120%0.943-24%0.804-11%0.884-19%0.985-28%
Pb Ratio5.091+24%3.8793.8790%3.342+16%3.628+7%3.583+8%4.229-8%
Pe Ratio30.366+24%23.13623.1360%53.041-56%33.166-30%19.743+17%-20.974+191%
Price Per Share1.470+24%1.1201.1200%1.650-32%1.432-22%1.203-7%0.907+23%
Price To Free Cash Flow Ratio23.235+24%17.70217.7020%-124.027+801%-28.599+262%-19.186+208%2.275+678%
Price To Total Gains Ratio-7.174-31%-5.466-5.4660%21.327-126%8.315-166%10.833-150%38.245-114%
Quick Ratio--3.1873.1870%4.634-31%3.644-13%2.868+11%2.475+29%
Return On Assets--0.0940.0940%0.065+44%0.094+0%0.064+47%-0.009+110%
Return On Equity--0.1330.1330%0.094+42%0.148-10%0.111+20%-0.010+108%
Total Gains Per Share---0.205-0.2050%0.077-365%0.013-1623%0.039-622%0.023-985%
Usd Book Value--32510482.27832510482.2780%56622324.321-43%45670567.236-29%37704971.967-14%25475473.593+28%
Usd Book Value Change Per Share---0.133-0.1330%0.050-365%0.007-2085%0.020-751%0.012-1257%
Usd Book Value Per Share--0.1880.1880%0.321-42%0.260-28%0.216-13%0.147+28%
Usd Dividend Per Share----0%-0%0.002-100%0.005-100%0.004-100%
Usd Enterprise Value--145872308.724145872308.7240%207722143.662-30%178785569.381-18%142431295.553+2%104013840.469+40%
Usd Eps--0.0310.0310%0.020+56%0.031+0%0.023+35%0.009+266%
Usd Free Cash Flow--7122963.0267122963.0260%-1525850.978+121%4713855.103+51%5860840.763+22%2189683.843+225%
Usd Free Cash Flow Per Share--0.0410.0410%-0.009+121%0.027+53%0.034+22%0.012+231%
Usd Free Cash Flow To Equity Per Share--0.0130.0130%-0.016+227%0.017-25%0.038-67%0.017-26%
Usd Market Cap161366620.464+22%126094200.197126094200.1970%189245968.790-33%163575058.573-23%136664619.172-8%101888882.518+24%
Usd Price Per Share0.956+24%0.7280.7280%1.073-32%0.931-22%0.782-7%0.590+23%
Usd Profit--5450183.9625450183.9620%5304304.933+3%7041457.207-23%5044318.624+8%1890717.244+188%
Usd Revenue--66276460.65666276460.6560%60140456.949+10%62815282.496+6%53247374.974+24%40874031.383+62%
Usd Total Gains Per Share---0.133-0.1330%0.050-365%0.009-1623%0.026-622%0.015-985%
 EOD+3 -5MRQTTM+0 -0YOY+17 -213Y+12 -285Y+19 -2110Y+24 -16

3.3 Fundamental Score

Let's check the fundamental score of Cogstate Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1530.366
Price to Book Ratio (EOD)Between0-15.091
Net Profit Margin (MRQ)Greater than00.082
Operating Margin (MRQ)Greater than00.108
Quick Ratio (MRQ)Greater than13.187
Current Ratio (MRQ)Greater than13.454
Debt to Asset Ratio (MRQ)Less than10.438
Debt to Equity Ratio (MRQ)Less than10.619
Return on Equity (MRQ)Greater than0.150.133
Return on Assets (MRQ)Greater than0.050.094
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Cogstate Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.314
Ma 20Greater thanMa 501.324
Ma 50Greater thanMa 1001.333
Ma 100Greater thanMa 2001.312
OpenGreater thanClose1.410
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Cogstate Ltd

Cogstate Limited, a neuroscience technology company, engages in the creation, validation, and commercialization of digital brain health assessments used in both academic and industry sponsored research. Its cognitive services include project management, data management, scientific consulting, statistical analysis, scales procurement, rater training, and monitoring solutions. The company is involved in the design and provision of quality assurance services in clinical trials, focused on the administration, scoring, and recording of conventional brain health assessments. Its technology and associated services are used to quantify the effect of diseases and drugs, and devices or other interventions on human subjects participating in clinical trials primarily conducted by pharmaceutical and biotechnology companies. In addition, the company provides Cognigram, a computerized test to aid healthcare professionals for cognitive decline. Cogstate Limited was incorporated in 1999 and is based in Melbourne, Australia.

Fundamental data was last updated by Penke on 2025-06-06 18:39:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Cogstate earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • A Net Profit Margin of 8.2%Β means thatΒ $0.08 for each $1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cogstate Ltd:

  • The MRQ is 8.2%. The company is making a profit. +1
  • The TTM is 8.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.2%TTM8.2%0.0%
TTM8.2%YOY8.8%-0.6%
TTM8.2%5Y8.2%0.0%
5Y8.2%10Y0.4%+7.9%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2%-12.6%+20.8%
TTM8.2%-18.1%+26.3%
YOY8.8%-17.8%+26.6%
3Y11.3%-27.9%+39.2%
5Y8.2%-24.0%+32.2%
10Y0.4%-32.5%+32.9%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Cogstate is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • 9.4% Return on Assets means thatΒ Cogstate generatedΒ $0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cogstate Ltd:

  • The MRQ is 9.4%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.4%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.4%TTM9.4%0.0%
TTM9.4%YOY6.5%+2.9%
TTM9.4%5Y6.4%+3.0%
5Y6.4%10Y-0.9%+7.4%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ9.4%-2.7%+12.1%
TTM9.4%-4.6%+14.0%
YOY6.5%-4.4%+10.9%
3Y9.4%-7.4%+16.8%
5Y6.4%-5.9%+12.3%
10Y-0.9%-6.4%+5.5%
4.3.1.3. Return on Equity

Shows how efficient Cogstate is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • 13.3% Return on Equity means Cogstate generated $0.13Β for eachΒ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cogstate Ltd:

  • The MRQ is 13.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.3%TTM13.3%0.0%
TTM13.3%YOY9.4%+3.9%
TTM13.3%5Y11.1%+2.2%
5Y11.1%10Y-1.0%+12.1%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.3%-1.7%+15.0%
TTM13.3%-3.2%+16.5%
YOY9.4%-5.6%+15.0%
3Y14.8%-8.9%+23.7%
5Y11.1%-8.3%+19.4%
10Y-1.0%-10.4%+9.4%
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4.3.2. Operating Efficiency of Cogstate Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Cogstate is operatingΒ .

  • Measures how much profit Cogstate makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • An Operating Margin of 10.8%Β means the company generated $0.11 Β for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cogstate Ltd:

  • The MRQ is 10.8%. The company is operating less efficient.
  • The TTM is 10.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ10.8%TTM10.8%0.0%
TTM10.8%YOY7.7%+3.1%
TTM10.8%5Y8.3%+2.5%
5Y8.3%10Y-0.6%+9.0%
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%-16.8%+27.6%
TTM10.8%-15.3%+26.1%
YOY7.7%-11.8%+19.5%
3Y14.1%-17.5%+31.6%
5Y8.3%-16.0%+24.3%
10Y-0.6%-28.8%+28.2%
4.3.2.2. Operating Ratio

Measures how efficient Cogstate is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Health Information Services industry mean).
  • An Operation Ratio of 0.71 means that the operating costs are $0.71 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Cogstate Ltd:

  • The MRQ is 0.712. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.712. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.712TTM0.7120.000
TTM0.712YOY0.943-0.231
TTM0.7125Y0.884-0.172
5Y0.88410Y0.985-0.101
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7121.354-0.642
TTM0.7121.380-0.668
YOY0.9431.375-0.432
3Y0.8041.379-0.575
5Y0.8841.384-0.500
10Y0.9851.352-0.367
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4.4.3. Liquidity of Cogstate Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Cogstate is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Health Information Services industry mean).
  • A Current Ratio of 3.45Β means the company has $3.45 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Cogstate Ltd:

  • The MRQ is 3.454. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.454. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.454TTM3.4540.000
TTM3.454YOY3.187+0.267
TTM3.4545Y2.391+1.063
5Y2.39110Y2.279+0.113
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4541.682+1.772
TTM3.4541.537+1.917
YOY3.1871.764+1.423
3Y2.9801.924+1.056
5Y2.3912.617-0.226
10Y2.2792.519-0.240
4.4.3.2. Quick Ratio

Measures if Cogstate is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • A Quick Ratio of 3.19Β means the company can pay off $3.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cogstate Ltd:

  • The MRQ is 3.187. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.187. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.187TTM3.1870.000
TTM3.187YOY4.634-1.447
TTM3.1875Y2.868+0.319
5Y2.86810Y2.475+0.393
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1870.995+2.192
TTM3.1871.103+2.084
YOY4.6341.288+3.346
3Y3.6441.473+2.171
5Y2.8682.083+0.785
10Y2.4752.174+0.301
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4.5.4. Solvency of Cogstate Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of CogstateΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Cogstate to Health Information Services industry mean.
  • A Debt to Asset Ratio of 0.44Β means that Cogstate assets areΒ financed with 43.8% credit (debt) and the remaining percentage (100% - 43.8%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Cogstate Ltd:

  • The MRQ is 0.438. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.438. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.438TTM0.4380.000
TTM0.438YOY0.303+0.135
TTM0.4385Y0.454-0.016
5Y0.45410Y0.405+0.049
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4380.422+0.016
TTM0.4380.423+0.015
YOY0.3030.388-0.085
3Y0.3930.397-0.004
5Y0.4540.410+0.044
10Y0.4050.406-0.001
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Cogstate is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • A Debt to Equity ratio of 61.9% means that company has $0.62 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cogstate Ltd:

  • The MRQ is 0.619. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.619. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.619TTM0.6190.000
TTM0.619YOY0.435+0.184
TTM0.6195Y0.850-0.231
5Y0.85010Y0.711+0.139
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6190.591+0.028
TTM0.6190.604+0.015
YOY0.4350.574-0.139
3Y0.6100.647-0.037
5Y0.8500.602+0.248
10Y0.7110.635+0.076
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Cogstate generates.

  • Above 15 is considered overpriced butΒ always compareΒ Cogstate to theΒ Health Information Services industry mean.
  • A PE ratio of 23.14 means the investor is paying $23.14Β for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cogstate Ltd:

  • The EOD is 30.366. Based on the earnings, the company is overpriced. -1
  • The MRQ is 23.136. Based on the earnings, the company is fair priced.
  • The TTM is 23.136. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD30.366MRQ23.136+7.230
MRQ23.136TTM23.1360.000
TTM23.136YOY53.041-29.905
TTM23.1365Y19.743+3.393
5Y19.74310Y-20.974+40.718
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD30.366-1.294+31.660
MRQ23.136-1.776+24.912
TTM23.136-1.210+24.346
YOY53.041-1.967+55.008
3Y33.166-3.263+36.429
5Y19.743-4.379+24.122
10Y-20.974-3.668-17.306
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cogstate Ltd:

  • The EOD is 23.235. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 17.702. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 17.702. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD23.235MRQ17.702+5.532
MRQ17.702TTM17.7020.000
TTM17.702YOY-124.027+141.729
TTM17.7025Y-19.186+36.889
5Y-19.18610Y2.275-21.461
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD23.235-1.135+24.370
MRQ17.702-1.579+19.281
TTM17.702-1.996+19.698
YOY-124.027-1.848-122.179
3Y-28.599-4.681-23.918
5Y-19.186-6.864-12.322
10Y2.275-4.263+6.538
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Cogstate is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Health Information Services industry mean).
  • A PB ratio of 3.88 means the investor is paying $3.88Β for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Cogstate Ltd:

  • The EOD is 5.091. Based on the equity, the company is overpriced. -1
  • The MRQ is 3.879. Based on the equity, the company is fair priced.
  • The TTM is 3.879. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.091MRQ3.879+1.212
MRQ3.879TTM3.8790.000
TTM3.879YOY3.342+0.536
TTM3.8795Y3.583+0.295
5Y3.58310Y4.229-0.646
Compared to industry (Health Information Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.0911.794+3.297
MRQ3.8791.731+2.148
TTM3.8791.768+2.111
YOY3.3422.563+0.779
3Y3.6282.542+1.086
5Y3.5833.511+0.072
10Y4.2294.515-0.286
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Cogstate Ltd.

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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Retained Earnings  -36,28214,157-22,12514,852-7,2736,898-3753,9703,595
Other Assets  0000000-33,238-33,238
Long-term Assets Other  0000000-8,013-8,013



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets57,838
Total Liabilities25,329
Total Stockholder Equity40,922
 As reported
Total Liabilities 25,329
Total Stockholder Equity+ 40,922
Total Assets = 57,838

Assets

Total Assets57,838
Total Current Assets65,081
Long-term Assets14,374
Total Current Assets
Cash And Cash Equivalents 45,106
Net Receivables 14,938
Other Current Assets 5,037
Total Current Assets  (as reported)65,081
Total Current Assets  (calculated)65,081
+/- 0
Long-term Assets
Property Plant Equipment 976
Goodwill 5,211
Intangible Assets 10,479
Long-term Assets Other -5,211
Long-term Assets  (as reported)14,374
Long-term Assets  (calculated)11,455
+/- 2,919

Liabilities & Shareholders' Equity

Total Current Liabilities18,842
Long-term Liabilities6,487
Total Stockholder Equity40,922
Total Current Liabilities
Short-term Debt 218
Short Long Term Debt 109
Accounts payable 202
Other Current Liabilities 14,456
Total Current Liabilities  (as reported)18,842
Total Current Liabilities  (calculated)14,985
+/- 3,858
Long-term Liabilities
Capital Lease Obligations 563
Long-term Liabilities  (as reported)6,487
Long-term Liabilities  (calculated)563
+/- 5,924
Total Stockholder Equity
Common Stock36,572
Retained Earnings 2,338
Accumulated Other Comprehensive Income 2,012
Other Stockholders Equity 0
Total Stockholder Equity (as reported)40,922
Total Stockholder Equity (calculated)40,922
+/-0
Other
Capital Stock36,572
Cash and Short Term Investments 45,106
Common Stock Shares Outstanding 173,100
Current Deferred Revenue3,757
Liabilities and Stockholders Equity 86,603
Net Debt -44,099
Net Invested Capital 41,031
Net Working Capital 30,881
Property Plant and Equipment Gross 4,746
Short Long Term Debt Total 673



5.3. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-30
> Total Assets 
1,222
4,438
4,390
3,348
2,829
1,999
2,658
5,224
7,347
8,399
12,185
10,088
14,229
10,972
19,629
21,869
25,434
27,416
46,359
68,443
84,995
81,224
57,838
57,83881,22484,99568,44346,35927,41625,43421,86919,62910,97214,22910,08812,1858,3997,3475,2242,6581,9992,8293,3484,3904,4381,222
   > Total Current Assets 
0
4,056
4,014
2,913
2,370
1,437
1,752
4,250
4,238
5,258
7,139
6,451
9,723
8,322
13,669
15,606
16,539
13,205
23,392
45,385
61,077
58,262
65,081
65,08158,26261,07745,38523,39213,20516,53915,60613,6698,3229,7236,4517,1395,2584,2384,2501,7521,4372,3702,9134,0144,0560
       Cash And Cash Equivalents 
371
3,964
224
853
1,975
1,060
1,003
2,446
1,850
3,534
4,769
3,096
6,710
4,216
7,471
9,331
3,585
3,073
14,726
18,157
18,040
12,750
45,106
45,10612,75018,04018,15714,7263,0733,5859,3317,4714,2166,7103,0964,7693,5341,8502,4461,0031,0601,9758532243,964371
       Short-term Investments 
0
0
3,671
1,762
0
0
0
0
0
0
0
0
0
0
0
0
2,325
1,510
279
13,333
26,456
30,329
0
030,32926,45613,3332791,5102,3250000000000001,7623,67100
       Net Receivables 
229
84
85
263
322
173
613
1,732
1,380
1,285
2,025
2,729
2,605
3,756
5,261
5,062
9,675
6,090
6,202
12,908
11,699
11,310
14,938
14,93811,31011,69912,9086,2026,0909,6755,0625,2613,7562,6052,7292,0251,2851,3801,7326131733222638584229
       Other Current Assets 
0
8
49
47
73
203
163
112
244
329
210
234
390
274
937
610
954
3,899
2,186
-10,325
1,468
1,879
5,037
5,0371,8791,468-10,3252,1863,89995461093727439023421032924411216320373474980
   > Long-term Assets 
0
382
376
434
458
563
905
974
3,109
3,141
5,046
3,637
4,506
2,650
5,960
6,263
8,895
14,211
22,967
23,058
23,918
22,962
14,374
14,37422,96223,91823,05822,96714,2118,8956,2635,9602,6504,5063,6375,0463,1413,1099749055634584343763820
       Property Plant Equipment 
46
26
46
106
126
183
458
563
1,050
967
1,000
844
1,241
857
1,713
2,099
1,935
1,916
5,250
3,723
2,935
896
976
9768962,9353,7235,2501,9161,9352,0991,7138571,2418441,0009671,050563458183126106462646
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,211
5,2110000000000000000000000
       Intangible Assets 
565
338
307
286
298
341
384
324
341
429
2,767
2,210
2,015
308
402
403
4,085
7,044
10,088
11,613
15,655
16,695
10,479
10,47916,69515,65511,61310,0887,0444,0854034023082,0152,2102,767429341324384341298286307338565
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-5,211
-5,2110000000000000000000000
> Total Liabilities 
1,202
194
157
427
531
656
816
1,240
1,380
1,662
1,723
2,049
1,975
3,214
5,834
7,421
9,619
13,005
23,864
39,427
37,118
24,605
25,329
25,32924,60537,11839,42723,86413,0059,6197,4215,8343,2141,9752,0491,7231,6621,3801,2408166565314271571941,202
   > Total Current Liabilities 
1,202
194
157
421
502
622
806
1,219
1,347
1,636
1,658
1,903
1,914
2,820
5,076
6,724
9,134
12,520
19,224
25,220
26,558
18,282
18,842
18,84218,28226,55825,22019,22412,5209,1346,7245,0762,8201,9141,9031,6581,6361,3471,2198066225024211571941,202
       Short-term Debt 
0
0
5,250
2,311
0
0
0
737
0
1,022
959
692
0
0
0
0
110
720
4,445
1,415
1,828
352
218
2183521,8281,4154,44572011000006929591,02207370002,3115,25000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
720
3,690
0
183
116
109
10911618303,69072000000000000000000
       Accounts payable 
198
233
31
101
49
224
197
178
132
88
142
201
291
775
840
670
1,302
626
1,236
1,794
953
186
202
2021869531,7941,2366261,302670840775291201142881321781972244910131233198
       Other Current Liabilities 
54
194
126
320
453
398
609
1,008
1,215
1,517
1,492
1,604
1,741
2,901
4,236
4,844
6,218
8,912
13,374
19,828
25,027
6,756
14,456
14,4566,75625,02719,82813,3748,9126,2184,8444,2362,9011,7411,6041,4921,5171,2151,00860939845332012619454
   > Long-term Liabilities 
0
0
0
6
29
34
10
21
32
26
66
146
61
394
758
698
485
485
4,641
14,208
10,560
6,322
6,487
6,4876,32210,56014,2084,64148548569875839461146662632211034296000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,744
1,134
592
27
0
0275921,1341,744000000000000000000
       Other Liabilities 
0
0
0
8
39
40
10
26
38
25
7
4
7
514
758
535
358
340
636
9,533
6,669
0
0
006,6699,5336363403585357585147472538261040398000
> Total Stockholder Equity
20
4,245
4,233
2,921
2,297
1,343
1,842
3,984
5,967
6,737
10,461
8,039
12,254
7,758
13,795
14,448
15,815
14,411
22,495
29,015
47,876
56,619
40,922
40,92256,61947,87629,01522,49514,41115,81514,44813,7957,75812,2548,03910,4616,7375,9673,9841,8421,3432,2972,9214,2334,24520
   Retained Earnings 
0
-2,424
-3,619
-5,642
-6,847
-9,228
-11,123
-8,229
-7,274
-10,052
-6,948
-7,982
-11,800
-13,270
-14,659
-14,496
-15,815
-20,208
-23,596
-14,389
-4,730
-244
2,338
2,338-244-4,730-14,389-23,596-20,208-15,815-14,496-14,659-13,270-11,800-7,982-6,948-10,052-7,274-8,229-11,123-9,228-6,847-5,642-3,619-2,4240
   Accumulated Other Comprehensive Income 
0
-55
-84
-135
311
475
668
755
1,085
1,469
1,366
1,180
1,672
659
561
-2,235
-1,074
-1,494
-1,895
-1,918
43
2,303
2,012
2,0122,30343-1,918-1,895-1,494-1,074-2,2355616591,6721,1801,3661,4691,085755668475311-135-84-550
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000



5.4. Balance Sheets

Currency in USD. All numbers in thousands.




5.5. Cash Flows

Currency in USD. All numbers in thousands.




5.6. Income Statements

Currency in USD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue66,273
Cost of Revenue-28,674
Gross Profit37,59837,598
 
Operating Income (+$)
Gross Profit37,598
Operating Expense-18,533
Operating Income6,17319,066
 
Operating Expense (+$)
Research Development11,914
Selling General Administrative13,614
Selling And Marketing Expenses17
Operating Expense18,53325,546
 
Net Interest Income (+$)
Interest Income-
Interest Expense-51
Other Finance Cost-0
Net Interest Income-51
 
Pretax Income (+$)
Operating Income6,173
Net Interest Income-51
Other Non-Operating Income Expenses-
Income Before Tax (EBT)10,6471,699
EBIT - interestExpense = 7,107
7,926
5,501
Interest Expense51
Earnings Before Interest and Taxes (EBIT)7,15810,698
Earnings Before Interest and Taxes (EBITDA)9,896
 
After tax Income (+$)
Income Before Tax10,647
Tax Provision-1,652
Net Income From Continuing Ops5,4508,995
Net Income5,450
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses64,117
Total Other Income/Expenses Net4,47451
 

Technical Analysis of Cogstate
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cogstate. The general trend of Cogstate is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cogstate's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Cogstate Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cogstate Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.53 < 1.56 < 1.585.

The bearish price targets are: 1.37 > 1.27 > 1.25.

Know someone who trades $CGS? Share this with them.πŸ‘‡

Cogstate Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cogstate Ltd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cogstate Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cogstate Ltd. The current macd is 0.00784193.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cogstate price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cogstate. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cogstate price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Cogstate Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCogstate Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cogstate Ltd. The current adx is 15.15.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Cogstate shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Cogstate Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cogstate Ltd. The current sar is 1.2149.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cogstate Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cogstate Ltd. The current rsi is 66.31. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Cogstate Ltd Daily Relative Strength Index (RSI) ChartCogstate Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cogstate Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cogstate price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Cogstate Ltd Daily Stochastic Oscillator ChartCogstate Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cogstate Ltd. The current cci is 329.84.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Cogstate Ltd Daily Commodity Channel Index (CCI) ChartCogstate Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cogstate Ltd. The current cmo is 47.48.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cogstate Ltd Daily Chande Momentum Oscillator (CMO) ChartCogstate Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cogstate Ltd. The current willr is -13.7254902.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Cogstate Ltd Daily Williams %R ChartCogstate Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Cogstate Ltd.

Cogstate Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cogstate Ltd. The current atr is 0.06758058.

Cogstate Ltd Daily Average True Range (ATR) ChartCogstate Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cogstate Ltd. The current obv is -6,022,492.

Cogstate Ltd Daily On-Balance Volume (OBV) ChartCogstate Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cogstate Ltd. The current mfi is 73.14.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Cogstate Ltd Daily Money Flow Index (MFI) ChartCogstate Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cogstate Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-01-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-11STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-06-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-06-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Cogstate Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cogstate Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.314
Ma 20Greater thanMa 501.324
Ma 50Greater thanMa 1001.333
Ma 100Greater thanMa 2001.312
OpenGreater thanClose1.410
Total3/5 (60.0%)
Penke
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