Core Assets Return On Asset vs. Net Income
| CCOOF Stock | USD 0.03 0.0002 0.66% |
For Core Assets profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Core Assets to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Core Assets Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Core Assets's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Core Assets Corp over time as well as its relative position and ranking within its peers.
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Core Assets Corp Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Core Assets's current stock value. Our valuation model uses many indicators to compare Core Assets value to that of its competitors to determine the firm's financial worth. Core Assets Corp is rated second in return on asset category among its peers. It also is rated second in net income category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Core Assets' earnings, one of the primary drivers of an investment's value.Core Net Income vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | -0.27 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Core Assets |
| = | (2.22 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Core Net Income Comparison
Core Assets is currently under evaluation in net income category among its peers.
Core Assets Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Core Assets, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Core Assets will eventually generate negative long term returns. The profitability progress is the general direction of Core Assets' change in net profit over the period of time. It can combine multiple indicators of Core Assets, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Core Assets Corp., an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral resource properties. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Core Assets operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Core Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Core Assets. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Core Assets position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Core Assets' important profitability drivers and their relationship over time.
Use Core Assets in pair-trading
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 Core Assets 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 Core Assets will appreciate offsetting losses from the drop in the long position's value.Core Assets Pair Trading
Core Assets Corp Pair Trading Analysis
The ability to find closely correlated positions to Core Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Core Assets 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 Core Assets - 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 Core Assets Corp to buy it.
The correlation of Core Assets 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 Core Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Core Assets Corp 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 Core Assets 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.Use Investing Themes to Complement your Core Assets position
In addition to having Core Assets in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Core OTC Stock
To fully project Core Assets' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Core Assets Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Core Assets' income statement, its balance sheet, and the statement of cash flows.