Core Lithium Corp Etf Performance
| CORX Etf | USD 16.34 0.47 2.96% |
The etf shows a Beta (market volatility) of 0.0306, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Core Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Core Lithium is expected to be smaller as well.
Risk-Adjusted Performance
62 of 100
Weak | Strong |
Market Crasher
Compared to the overall equity markets, risk-adjusted returns on investments in Core Lithium Corp are ranked lower than 62 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Core Lithium showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:110 | Dividend Date 2017-11-14 | Last Split Date 2017-11-14 |
1 | CORX WHTX Launch Today - EIN News | 12/05/2024 |
Core |
Core Lithium Relative Risk vs. Return Landscape
If you would invest 1,500 in Core Lithium Corp on September 13, 2024 and sell it today you would earn a total of 134.00 from holding Core Lithium Corp or generate 8.93% return on investment over 90 days. Core Lithium Corp is currently generating 1.24% in daily expected returns and assumes 1.5516% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Core, and 76% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Core Lithium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core Lithium's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Core Lithium Corp, and traders can use it to determine the average amount a Core Lithium's 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 = 0.7992
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 1.24 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.8 actual daily | 62 62% of assets perform worse |
Based on monthly moving average Core Lithium is performing at about 62% of its full potential. 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 Core Lithium by adding it to a well-diversified portfolio.
Core Lithium Fundamentals Growth
Core Etf prices reflect investors' perceptions of the future prospects and financial health of Core Lithium, and Core Lithium 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 Core Etf performance.
| Current Valuation | 68.07 M | ||||
| Shares Outstanding | 694.52 K | ||||
| Price To Earning | 6.38 X | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 5.14 X | ||||
| EBITDA | 405.96 K | ||||
| Cash And Equivalents | 157 | ||||
| Total Debt | 10.99 K | ||||
| Debt To Equity | 234.00 % | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (437) | ||||
| Earnings Per Share | (0.12) X | ||||
| Current Asset | 448 K | ||||
| Current Liabilities | 2.61 M |
About Core Lithium Performance
Evaluating Core Lithium's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Core Lithium has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Core Lithium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Core Lithium Corp., an exploration stage mining company, engages in the identification, acquisition, exploration, mining, and development of lithium assets in North America. Core Lithium Corp. was incorporated in 1994 and is based in Cincinnati, Ohio. Core Lithium operates under Drug Manufacturers - Other classification in the United States and is traded on OTC Exchange. It employs 1 people.| 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 |
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.