2x Corn Valuation
| CORX Etf | USD 18.58 0.07 0.38% |
At this time, the entity appears to be undervalued. 2x Corn ETF owns a latest Real Value of $19.15 per share. The recent price of the entity is $18.58. Our model approximates the value of 2x Corn ETF from examining the entity fundamentals such as EBITDA of 405.96 K, shares outstanding of 694.52 K, and Price To Sales of 5.14 X as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that 2x Corn's price fluctuation is very steady at this time. Calculation of the real value of 2x Corn ETF is based on 3 months time horizon. Increasing 2x Corn's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since 2x Corn is currently traded on the exchange, buyers and sellers on that exchange determine the market value of CORX Etf. However, 2x Corn's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 18.58 | Real 19.15 | Hype 18.58 | Naive 18.65 |
The intrinsic value of 2x Corn's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence 2x Corn's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of 2x Corn ETF helps investors to forecast how CORX etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of 2x Corn more accurately as focusing exclusively on 2x Corn's fundamentals will not take into account other important factors: 2x Corn Total Value Analysis
2x Corn ETF is currently projected to have valuation of 68.07 M with market capitalization of 244.3 K, debt of 10.99 K, and cash on hands of 157. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the 2x Corn fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
68.07 M | 244.3 K | 10.99 K | 157 |
2x Corn Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of CORX suggests not a very effective usage of assets in March.2x Corn Ownership Allocation
2x Corn ETF owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.5 % of 2x Corn ETF outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.2x Corn Profitability Analysis
Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0.About 2x Corn Valuation
Our relative valuation model uses a comparative analysis of 2x Corn. We calculate exposure to 2x Corn's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of 2x Corn's related companies.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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 2x Corn ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of 2x Corn ETF is measured differently than its book value, which is the value of CORX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Corn's value that differs from its market value or its book value, called intrinsic value, which is 2x Corn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2x Corn's market value can be influenced by many factors that don't directly affect 2x Corn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2x Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Corn's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.