Core Scientific Third Quarter 2024 Earnings Misses Expectations
CORZ Stock | USD 16.06 1.82 10.18% |
Slightly above 53% of Core Scientific,'s investor base is interested to short. The analysis of the overall prospects from investing in Core Scientific, Common suggests that many traders are, at the present time, impartial. Core Scientific,'s investing sentiment can be driven by a variety of factors including economic data, Core Scientific,'s earnings reports, geopolitical events, and overall market trends.
Core |
Core Scientific Third Quarter 2024 Results Key Financial Results Revenue US95.4m down 16 percent from 3Q...
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Core Scientific, Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Core Scientific, can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Core Scientific, Fundamental Analysis
We analyze Core Scientific,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Core Scientific, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Core Scientific, 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.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Core Scientific, is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Core Scientific, Common Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Core Scientific, stock to make a market-neutral strategy. Peer analysis of Core Scientific, could also be used in its relative valuation, which is a method of valuing Core Scientific, by comparing valuation metrics with similar companies.
Peers
Core Scientific, Related Equities
DOCN | DigitalOcean Holdings | 3.10 | ||||
ZS | Zscaler | 0.93 | ||||
MQ | Marqeta | 0.52 | ||||
VERI | Veritone | 0.38 | ||||
BB | BlackBerry | 0.39 | ||||
NN | Nextnav Acquisition | 0.81 | ||||
S | SentinelOne | 1.86 | ||||
GB | Global Blue | 10.57 | ||||
JG | Aurora Mobile | 14.67 |
Additional Tools for Core Stock Analysis
When running Core Scientific,'s price analysis, check to measure Core Scientific,'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 Core Scientific, is operating at the current time. Most of Core Scientific,'s value examination focuses on studying past and present price action to predict the probability of Core Scientific,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Scientific,'s price. Additionally, you may evaluate how the addition of Core Scientific, to your portfolios can decrease your overall portfolio volatility.