Core Lithium Corp Etf Buy Hold or Sell Recommendation
| CORX Etf | USD 16.34 0.47 2.96% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Core Lithium Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Core Lithium Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Core Lithium Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Core Lithium Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Core and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Core Lithium Corp. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Core |
Execute Core Lithium Buy or Sell Advice
The Core recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Core Lithium Corp. Macroaxis does not own or have any residual interests in Core Lithium Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Core Lithium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Market Crasher | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Core Lithium Trading Alerts and Improvement Suggestions
| Core is showing solid risk-adjusted performance over 90 days | |
| Core Lithium Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Core Lithium Corp currently holds about 157 in cash with (437) of positive cash flow from operations. | |
| Roughly 89.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: CORX WHTX Launch Today - EIN News | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Core Lithium Returns Distribution Density
The distribution of Core Lithium's historical returns is an attempt to chart the uncertainty of Core Lithium's future price movements. The chart of the probability distribution of Core Lithium daily returns describes the distribution of returns around its average expected value. We use Core Lithium Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Core Lithium returns is essential to provide solid investment advice for Core Lithium.
| Mean Return | 1.45 | Value At Risk | 0.00 | Potential Upside | 3.07 | Standard Deviation | 1.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Core Lithium historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Core Lithium Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Core Lithium or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Core Lithium's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Core etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 1.43 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.83 |
Core Lithium Volatility Alert
Core Lithium Corp exhibits very low volatility with skewness of 0.03 and kurtosis of -3.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Core Lithium's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Core Lithium's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Core Lithium Fundamentals Vs Peers
Comparing Core Lithium's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Core Lithium's direct or indirect competition across all of the common fundamentals between Core Lithium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Core Lithium or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Core Lithium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Core Lithium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Core Lithium to competition |
| Fundamentals | Core Lithium | Peer Average |
| Price To Earning | 6.38 X | 3.15 X |
| Price To Book | 0.56 X | 0.39 X |
| Price To Sales | 5.14 X | 0.33 X |
| Beta | -10.54 |
Core Lithium Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Core . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 16.34 | |||
| Day Typical Price | 16.34 | |||
| Price Action Indicator | 0.24 | |||
| Period Momentum Indicator | 0.47 |
About Core Lithium Buy or Sell Advice
When is the right time to buy or sell Core Lithium Corp? Buying financial instruments such as Core Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Core Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Rubber and Plastic Products Thematic Idea Now
Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Rubber and Plastic Products Theme or any other thematic opportunities.
| View All Next | Launch |
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.