Corner Growth Acquisition Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Corner Growth Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Corner Growth over a specified time horizon. Remember, high Corner Growth's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Corner Growth's market risk premium analysis include:
Beta
8.35
Alpha
1.63
Risk
0.0
Sharpe Ratio
0.0
Expected Return
0.0
Please note that although Corner Growth alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Corner Growth did 1.63  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Corner Growth Acquisition stock's relative risk over its benchmark. Corner Growth Acquisition has a beta of 8.35  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Corner Growth will likely underperform. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Corner Growth Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Corner Growth market risk premium is the additional return an investor will receive from holding Corner Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Corner Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Corner Growth's performance over market.
α1.63   β8.35

Corner Growth Fundamentals Vs Peers

Comparing Corner Growth'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 Corner Growth's direct or indirect competition across all of the common fundamentals between Corner Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Corner Growth or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Corner Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Corner Growth by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Corner Growth to competition
FundamentalsCorner GrowthPeer Average
Return On Asset-0.0768-0.14
Number Of Shares Shorted43.1 K4.71 M
EBITDA(1.64 M)3.9 B
Net Income(806.15 K)570.98 M
Total Debt10.88 M5.32 B
Book Value Per Share(2.25) X1.93 K
Cash Flow From Operations(90.92 K)971.22 M

Corner Growth Opportunities

Corner Growth Return and Market Media

The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Corner Growth Acquisition Corp. 2 Short Interest Update - MarketBeat
04/12/2024
2
Corner Growth Acquisition Corp. 2 Trading Up 13.9 percent - Defense World
05/17/2024

About Corner Growth Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Corner or other delisted stocks. Alpha measures the amount that position in Corner Growth Acquisition has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Corner Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Corner Growth's short interest history, or implied volatility extrapolated from Corner Growth options trading.

Build Portfolio with Corner Growth

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Consideration for investing in Corner Stock

If you are still planning to invest in Corner Growth Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Corner Growth's history and understand the potential risks before investing.
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