Corella Resources (Australia) Performance
| CR9 Stock | 0 0.00 0.00% |
The firm shows a Beta (market volatility) of 2.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Corella Resources will likely underperform. At this point, Corella Resources has a negative expected return of -1.5%. Please make sure to confirm Corella Resources' jensen alpha, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Corella Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Corella Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in February 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:20 | Last Split Date 2021-04-01 |
1 | Corella Resources Advances Tampu Kaolin and HPA Projects - MSN | 11/20/2024 |
| Begin Period Cash Flow | 2.4 M |
Corella |
Corella Resources Relative Risk vs. Return Landscape
If you would invest 1.20 in Corella Resources on October 9, 2024 and sell it today you would lose (0.90) from holding Corella Resources or give up 75.0% of portfolio value over 90 days. Corella Resources is producing return of less than zero assuming 13.1072% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Corella on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Corella Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corella Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corella Resources, and traders can use it to determine the average amount a Corella Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1146
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| Negative Returns | CR9 |
Estimated Market Risk
| 13.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Corella Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Corella Resources by adding Corella Resources to a well-diversified portfolio.
Corella Resources Fundamentals Growth
Corella Stock prices reflect investors' perceptions of the future prospects and financial health of Corella Resources, and Corella Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Corella Stock performance.
| Return On Equity | -0.3 | ||||
| Return On Asset | -0.16 | ||||
| Current Valuation | 683.68 K | ||||
| Shares Outstanding | 467.74 M | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 205.72 X | ||||
| Revenue | 45.22 K | ||||
| EBITDA | (1.1 M) | ||||
| Net Income | (1.24 M) | ||||
| Cash And Equivalents | 2.42 M | ||||
| Total Debt | 5.23 K | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (1.07 M) | ||||
| Total Asset | 3.7 M | ||||
| Retained Earnings | (4.26 M) | ||||
About Corella Resources Performance
Assessing Corella Resources' fundamental ratios provides investors with valuable insights into Corella Resources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Corella Resources is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Corella Resources is entity of Australia. It is traded as Stock on AU exchange.Things to note about Corella Resources performance evaluation
Checking the ongoing alerts about Corella Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corella Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corella Resources generated a negative expected return over the last 90 days | |
| Corella Resources has high historical volatility and very poor performance | |
| Corella Resources has some characteristics of a very speculative penny stock | |
| Corella Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 45.22 K. Net Loss for the year was (1.24 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Corella Resources has accumulated about 2.42 M in cash with (1.07 M) of positive cash flow from operations. | |
| Roughly 45.0% of the company shares are held by company insiders |
- Analyzing Corella Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corella Resources' stock is overvalued or undervalued compared to its peers.
- Examining Corella Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corella Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corella Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corella Resources' stock. These opinions can provide insight into Corella Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Corella Stock Analysis
When running Corella Resources' price analysis, check to measure Corella Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corella Resources is operating at the current time. Most of Corella Resources' value examination focuses on studying past and present price action to predict the probability of Corella Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corella Resources' price. Additionally, you may evaluate how the addition of Corella Resources to your portfolios can decrease your overall portfolio volatility.