Corenergy Infras Performance
| CORRDelisted Stock | USD 0.03 0.01 30.35% |
The firm shows a Beta (market volatility) of 4.84, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Corenergy Infras will likely underperform. Corenergy Infras has an expected return of -3.51%. Please make sure to confirm Corenergy Infras total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Corenergy Infras performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Corenergy Infras has generated negative risk-adjusted returns adding no value to investors with long positions. Even with fragile performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
| Begin Period Cash Flow | 20.6 M | |
| Free Cash Flow | -10.9 M |
Corenergy |
Corenergy Infras Relative Risk vs. Return Landscape
If you would invest 31.00 in Corenergy Infras on January 26, 2024 and sell it today you would lose (28.38) from holding Corenergy Infras or give up 91.55% of portfolio value over 90 days. Corenergy Infras is currently does not generate positive expected returns and assumes 21.3257% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Corenergy, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Corenergy Infras Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corenergy Infras' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corenergy Infras, and traders can use it to determine the average amount a Corenergy Infras' 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 = -0.1647
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Estimated Market Risk
| 21.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| -3.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Corenergy Infras is not performing at its full potential. However, 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 Corenergy Infras by adding Corenergy Infras to a well-diversified portfolio.
Corenergy Infras Fundamentals Growth
Corenergy Stock prices reflect investors' perceptions of the future prospects and financial health of Corenergy Infras, and Corenergy Infras 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 Corenergy Stock performance.
| Return On Equity | -0.0475 | |||
| Return On Asset | 0.0111 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 473.42 M | |||
| Shares Outstanding | 15.35 M | |||
| Price To Earning | 105.31 X | |||
| Price To Book | 3.87 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 134.33 M | |||
| EBITDA | 23.36 M | |||
| Cash And Equivalents | 21.78 M | |||
| Cash Per Share | 1.37 X | |||
| Total Debt | 221.35 M | |||
| Debt To Equity | 0.90 % | |||
| Book Value Per Share | (1.23) X | |||
| Cash Flow From Operations | 8.71 M | |||
| Earnings Per Share | (1.52) X | |||
| Total Asset | 494.96 M | |||
| Retained Earnings | (333.79 M) | |||
| Current Asset | 26.66 M | |||
| Current Liabilities | 70.21 M | |||
About Corenergy Infras Performance
To evaluate Corenergy Infras Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Corenergy Infras generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Corenergy Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Corenergy Infras market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Corenergy's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages., is a real estate investment trust that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from customers and operators of our assets, including triple-net participating leases and from long term customer contracts. CorEnergy Infrastructure operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 155 people.Things to note about Corenergy Infras performance evaluation
Checking the ongoing alerts about Corenergy Infras for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corenergy Infras help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corenergy Infras is not yet fully synchronised with the market data | |
| Corenergy Infras generated a negative expected return over the last 90 days | |
| Corenergy Infras has high historical volatility and very poor performance | |
| Corenergy Infras has some characteristics of a very speculative penny stock | |
| Corenergy Infras has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 134.33 M. Net Loss for the year was (14.47 M) with profit before overhead, payroll, taxes, and interest of 60.45 M. |
- Analyzing Corenergy Infras' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corenergy Infras' stock is overvalued or undervalued compared to its peers.
- Examining Corenergy Infras' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corenergy Infras' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corenergy Infras' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corenergy Infras' stock. These opinions can provide insight into Corenergy Infras' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Corenergy Stock
If you are still planning to invest in Corenergy Infras check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Corenergy Infras' history and understand the potential risks before investing.
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