Core Lithium Financials
| CORX Etf | USD 16.34 0.47 2.96% |
Core |
The data published in Core Lithium's official financial statements typically reflect Core Lithium's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Core Lithium's quantitative information. For example, before you start analyzing numbers published by Core accountants, it's essential to understand Core Lithium's liquidity, profitability, and earnings quality within the context of the Biotechnology space in which it operates.
Please note, the imprecision that can be found in Core Lithium's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Core Lithium Corp. Check Core Lithium's Beneish M Score to see the likelihood of Core Lithium's management manipulating its earnings.
Core Lithium Etf Summary
Core Lithium competes with Agilent Technologies, Equillium, 23Andme Holding, DiaMedica Therapeutics, and Valneva SE. Core Lithium Corp., an exploration stage mining company, engages in the identification, acquisition, exploration, mining, and development of lithium assets in North America. Core Lithium Corp. was incorporated in 1994 and is based in Cincinnati, Ohio. Core Lithium operates under Drug Manufacturers - Other classification in the United States and is traded on OTC Exchange. It employs 1 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
| Instrument | USA Etf View All |
| Exchange | OTCCE Exchange |
| ISIN | US21871R1023 |
| CUSIP | 92864M509 |
| Region | North America |
| Investment Issuer | Volatility Shares |
| Location | Florida; U.S.A |
| Business Address | 250 East Fifth |
| Etf Family | Biotechnology |
| Fund Category | Agriculture |
| Portfolio Concentration | Corn |
| Benchmark | Dow Jones Industrial |
| Website | www.corelithium.com |
| Phone | 513 924 4980 |
| Currency | USD - US Dollar |
Core Lithium Key Financial Ratios
Core Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Core Lithium's current stock value. Our valuation model uses many indicators to compare Core Lithium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Core Lithium competition to find correlations between indicators driving Core Lithium's intrinsic value. More Info.Core Lithium Corp is fourth largest ETF in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Core Lithium Corp is roughly 11.40 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Core Lithium's earnings, one of the primary drivers of an investment's value.Core Lithium Corp Systematic Risk
Core Lithium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Core Lithium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Core Lithium Corp correlated with the market. If Beta is less than 0 Core Lithium generally moves in the opposite direction as compared to the market. If Core Lithium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Core Lithium Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Core Lithium is generally in the same direction as the market. If Beta > 1 Core Lithium moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Core Lithium is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Core has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Core Lithium's financials are consistent with your investment objective using the following steps:- Review Core Lithium's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Core Lithium's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Core Lithium's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Core Lithium's stock is overvalued or undervalued.
Core Lithium December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Core Lithium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Core Lithium Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Core Lithium Corp based on widely used predictive technical indicators. In general, we focus on analyzing Core Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Core Lithium's daily price indicators and compare them against related drivers.
| Information Ratio | 0.8313 | |||
| Maximum Drawdown | 3.07 | |||
| Potential Upside | 3.07 |
Other Information on Investing in Core Etf
Core Lithium financial ratios help investors to determine whether Core Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Core with respect to the benefits of owning Core Lithium security.