Climaterock Right Stock Book Value Per Share
| CLRCR Stock | USD 0.10 0.01 11.48% |
ClimateRock Right fundamentals help investors to digest information that contributes to ClimateRock Right's financial success or failures. It also enables traders to predict the movement of ClimateRock Stock. The fundamental analysis module provides a way to measure ClimateRock Right's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ClimateRock Right stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.25 | 3.04 | |
| Tangible Book Value Per Share | 3.25 | 3.04 |
ClimateRock | Book Value Per Share |
ClimateRock Right Company Book Value Per Share Analysis
ClimateRock Right's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current ClimateRock Right Book Value Per Share | (1.20) X |
Most of ClimateRock Right's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ClimateRock Right is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ClimateRock Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for ClimateRock Right is extremely important. It helps to project a fair market value of ClimateRock Stock properly, considering its historical fundamentals such as Book Value Per Share. Since ClimateRock Right's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ClimateRock Right's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ClimateRock Right's interrelated accounts and indicators.
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ClimateRock Book Value Per Share Historical Pattern
Today, most investors in ClimateRock Right Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ClimateRock Right's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ClimateRock Right book value per share as a starting point in their analysis.
ClimateRock Right Book Value Per Share |
| Timeline |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionClimateRock Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of ClimateRock Right is about -1.197 times. This is much lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The book value per share for all United States stocks is notably higher than that of the company.
ClimateRock Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ClimateRock Right's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ClimateRock Right could also be used in its relative valuation, which is a method of valuing ClimateRock Right by comparing valuation metrics of similar companies.ClimateRock Right is currently under evaluation in book value per share category among its peers.
ClimateRock Fundamentals
| Return On Asset | -0.0475 | ||||
| Number Of Shares Shorted | 656 | ||||
| EBITDA | 2.13 M | ||||
| Net Income | 483.43 K | ||||
| Cash And Equivalents | 4.95 K | ||||
| Total Debt | 2.13 M | ||||
| Current Ratio | 1.32 X | ||||
| Book Value Per Share | (1.20) X | ||||
| Cash Flow From Operations | (1.41 M) | ||||
| Earnings Per Share | (0.39) X | ||||
| Beta | -0.001 | ||||
| Total Asset | 28.57 M | ||||
| Retained Earnings | (5.58 M) | ||||
| Net Asset | 28.57 M |
About ClimateRock Right Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ClimateRock Right's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ClimateRock Right using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ClimateRock Right based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ClimateRock Right
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ClimateRock Right position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ClimateRock Right will appreciate offsetting losses from the drop in the long position's value.Moving against ClimateRock Stock
| 0.63 | PX | P10 Inc | PairCorr |
| 0.53 | DIST | Distoken Acquisition | PairCorr |
| 0.52 | QD | Qudian Inc | PairCorr |
| 0.49 | BN | Brookfield Corp | PairCorr |
| 0.49 | GS | Goldman Sachs Group Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ClimateRock Right could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClimateRock Right when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ClimateRock Right - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ClimateRock Right to buy it.
The correlation of ClimateRock Right is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ClimateRock Right moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClimateRock Right moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ClimateRock Right can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ClimateRock Stock Analysis
When running ClimateRock Right's price analysis, check to measure ClimateRock Right's 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 ClimateRock Right is operating at the current time. Most of ClimateRock Right's value examination focuses on studying past and present price action to predict the probability of ClimateRock Right's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClimateRock Right's price. Additionally, you may evaluate how the addition of ClimateRock Right to your portfolios can decrease your overall portfolio volatility.