CodeLab Capital Competitors

Stocks . Norway . 
Stock . CodeLab Capital AS
CODE Stock   2.50  -0.30  -10.71%   
Nordhealth, SD Standard, Odfjell Drilling, Nordic Mining, and Arcticzymes Technologies and similar firms make up the peer group for CodeLab Capital AS. This provides context for comparative analysis. All metrics are calculated from reported financial data without adjustment. All values are presented as reference data. CodeLab Capital AS is positioned against peers on valuation, growth, and risk to highlight relative strength. Comparative context helps frame CodeLab Capital's standing across key financial dimensions.

CodeLab Capital vs Arcticzymes Technologies Correlation Summary

Good diversification
Across the chosen horizon, CODE and AZT show a correlation of -0.12 and fall into the Good diversification bucket. The overlap area represents the portion of risk that may be diversified away when both instruments are held together and nothing else in the portfolio changes.

Moving against CodeLab Stock

  0.39AUTO AutoStore HoldingsPairCorr
  0.36MOWI Mowi ASAPairCorr
Specify up to 10 symbols:
The mean reversion effect in CodeLab Capital is stronger when the initial deviation was driven by sentiment rather than fundamental change. Identifying the root cause of CodeLab Capital's price dislocation is essential before acting.
Competitive positioning is a critical dimension of CodeLab Capital analysis. Understanding where CodeLab Capital AS stands relative to its peers on returns, growth, and valuation supports assessment of whether its advantage is sustainable.

CodeLab Capital Competition Correlation Matrix

Correlation analysis between CodeLab Capital AS and its competitors provides context for understanding whether diversification is real or only superficial inside the same peer group. Peer comparison still matters because industry and category context remain part of the investment case. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.

High positive correlations

NOM
+ 0.63
NORDH
ODL
+ 0.49
SDSD
TRSB
+ 0.34
NORDH
NOM
+ 0.32
TRSB
AZT
+ 0.18
SDSD
AZT
+ 0.14
ODL
  

High negative correlations

NOM
- 0.81
ODL
ODL
- 0.78
NORDH
NOM
- 0.44
SDSD
SDSD
- 0.29
NORDH
ODL
- 0.19
TRSB
AZT
- 0.08
TRSB

Risk-Adjusted Indicators

CodeLab Capital Company may look attractive on headline returns alone, but deeper analysis often tells a different story. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze CodeLab Capital's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

CodeLab Capital Competitive Analysis

    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CODE NORDH TRSB SDSD ODL NOM AZT
 10.71 
2.50
CodeLab
 5.76 
26.20
Nordhealth
 0.77 
113.12
Trndelag
 0.53 
1.86
SDSD
 4.16 
96.80
Odfjell
 5.26 
11.60
Nordic
 1.26 
19.65
Arcticzymes
Market Volatility
(90 Days Market Risk)
Extreme
Low
Very Low
Slightly Elevated
Very Low
Stable
Low
Market Performance
(90 Days Performance)
Mild
Weak
Weak
Weak
Balanced
Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
High
Unknown
Low
Low
Small
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Buy or Sell Analysis
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Sell
Sell
Hold
Hold
Strong Buy
Strong Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
304.76 X
0.37 X
3.93 X
14.94 X
Net Asset
N/A
125.13 M
N/A
99.55 M
2.52 B
255.29 M
284.11 M
Profit Margin
N/A
-0.43 %
N/A
0.94 %
0.14 %
N/A
0.24 %
EBITDA
N/A
-369 K
N/A
-9.36 M
313.49 M
5.54 M
62.89 M
Operating Margin
N/A
-0.37 %
N/A
0.95 %
0.15 %
N/A
0.27 %
Current Valuation
N/A
1.21 B
N/A
694.26 M
12.69 B
79.29 M
3.42 B
Price To Book
N/A
1.53 X
N/A
0.81 X
0.44 X
0.93 X
13.01 X
Current Asset
N/A
N/A
N/A
9 M
341 M
19 M
N/A
Retained Earnings
N/A
N/A
N/A
N/A
574 M
-277 M
N/A
Beta
N/A
N/A
N/A
1.08
1.92
1.17
1.13
Number Of Employees
N/A
400
N/A
10
1.3 K
4
60
Shares Outstanding
N/A
45.19 M
N/A
524.48 M
236.78 M
232.32 M
50.57 M
Cash Flow From Operations
N/A
5.57 M
N/A
-1.41 M
256.5 M
-59.97 M
74.97 M
Total Debt
N/A
25 K
N/A
N/A
875.35 M
113 K
14.47 M
Return On Equity
N/A
-0.11
N/A
0.33
0.0701
0.58
0.13
Z Score
N/A
N/A
N/A
N/A
4.2
N/A
88.2
Return On Asset
N/A
-0.0552
N/A
0.21
0.0368
-0.0324
0.0756
Book Value Per Share
N/A
1.28 X
N/A
0.27 X
5.36 X
1.96 X
5.63 X
Current Liabilities
N/A
N/A
N/A
N/A
315 M
8 M
N/A
Total Asset
N/A
125.13 M
N/A
99.55 M
2.52 B
255.29 M
284.11 M
Target Price
N/A
28.0
N/A
0.3
34.1
5.44
N/A
Debt To Equity
N/A
N/A
N/A
N/A
143.70 %
0.10 %
0.08 %
Shares Owned By Institutions
N/A
50.31 %
N/A
3.23 %
17.33 %
N/A
20.32 %
Market Capitalization
N/A
1.73 B
N/A
1.09 B
6.45 B
513.42 M
2.13 B
Price To Earning
N/A
N/A
N/A
408.33 X
171.97 X
11.17 X
45.11 X
Price To Sales
N/A
60.29 X
N/A
25.00 X
6.24 X
4,907 X
25.59 X
Net Income
N/A
-4.73 M
N/A
13.74 M
77.69 M
5.37 M
46.38 M
Earnings Per Share
N/A
-1.05 X
N/A
0.73 X
3.50 X
0.80 X
0.90 X
Shares Owned By Insiders
N/A
N/A
N/A
61.48 %
62.02 %
14.56 %
34.44 %
Revenue
N/A
20.3 M
N/A
8.22 M
863.85 M
N/A
127.97 M
Working Capital
N/A
N/A
N/A
9 M
26 M
11 M
N/A
Cash And Equivalents
N/A
N/A
N/A
16.11 M
190.83 M
32.09 M
200.42 M
Cash Per Share
N/A
N/A
N/A
0.03 X
0.81 X
0.27 X
3.52 X
Gross Profit
N/A
6.67 M
N/A
42.15 M
863.85 M
N/A
132.48 M
Day Typical Price
2.58
26.13
113.12
1.87
98.33
11.51
19.85
Accumulation Distribution
0.0842
0.0667
N/A
0.0211
0.0454
0.051
0.0441
Market Facilitation Index
0.23
1.8
N/A
0.04
4.6
0.6
0.9
Daily Balance Of Power
-1.30
-0.89
N/A
-0.25
-0.91
0.9667
-0.28
Period Momentum Indicator
-0.30
-1.60
-0.88
-0.01
-4.20
0.58
-0.25
Rate Of Daily Change
0.89
0.94
0.99
0.99
0.96
1.05
0.99
Day Median Price
2.62
26.1
113.12
1.88
99.1
11.46
19.95
Price Action Indicator
-0.26
-0.70
-0.44
-0.03
-4.40
0.43
-0.43
Relative Strength Index
48.74
38.4
45.73
47.4
50.46
40.59
N/A
Coefficient Of Variation
2620.71
-1,055
3801.57
7216.68
758.93
-747.50
-2,910
Mean Deviation
5.79
2.77
0.7948
0.547
1.19
1.83
2.31
Jensen Alpha
0.5653
-0.41
0.0581
0.0127
0.261
-0.52
-0.11
Total Risk Alpha
1.59
0.1058
0.2094
0.1046
0.4183
-0.05
0.2489
Sortino Ratio
0.0701
N/A
0.0628
0.0925
0.1782
N/A
N/A
Downside Variance
44.64
N/A
4.1
1.17
3.03
N/A
N/A
Standard Deviation
9.95
4.16
1.47
0.8398
1.68
3.7
2.93
Kurtosis
20.27
2.63
3.22
1.02
1.89
35.04
-0.01
Potential Upside
10.71
7.41
3.1
1.61
2.52
2.24
4.72
Treynor Ratio
0.186
6.12
0.0963
0.0145
0.4238
4.86
-2.20
Maximum Drawdown
69.58
26.89
8.98
4.26
9.63
28.23
13.62
Variance
99.07
17.32
2.17
0.7052
2.84
13.73
8.61
Market Risk Adjusted Performance
0.196
6.13
0.1063
0.0245
0.4338
4.87
-2.19
Risk Adjusted Performance
0.0398
-0.07
0.0257
0.0116
0.111
-0.1
-0.02
Skewness
3.55
-0.0009
0.5483
0.2268
-0.16
-5.06
0.1034
Semi Deviation
5.85
N/A
1.02
0.6598
1.38
N/A
N/A
Information Ratio
0.047
-0.07
0.0863
0.1191
0.1842
-0.11
-0.0043
Value At Risk
-10.00
-6.67
-2.21
-1.59
-2.13
-3.51
-4.92
Expected Short fall
-8.03
N/A
-2.22
-1.01
-1.44
N/A
N/A
Downside Deviation
6.68
N/A
2.02
1.08
1.74
N/A
N/A
Semi Variance
34.2
N/A
1.04
0.4353
1.9
N/A
N/A

CodeLab Capital Competition Peer Performance Charts

How to Analyze CodeLab Capital Against Peers

CodeLab Capital's peer analysis compares CodeLab Capital with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:
  • Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
  • Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
  • Check valuation dispersion: Review whether CodeLab Capital trades at a premium or discount versus peers and why.
  • Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
  • Document the thesis: Record where CodeLab Capital leads or lags and what catalysts could close or widen the gap.
Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

The competition view for CodeLab Capital includes correlation data, showing which peers are financially similar and which ones move together in the market. Valuation premiums or discounts for CodeLab Capital become more meaningful when measured against the peer group rather than in isolation. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics.

Unless otherwise specified, data for CodeLab Capital AS is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors
Last reviewed on March 11th, 2026
Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions
 
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