CoreCommodity Natural Financial Statements From 2010 to 2025
| CCNR Etf | 32.81 0.08 0.24% |
Check CoreCommodity Natural financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoreCommodity Natural's main balance sheet or income statement drivers, such as , as well as many indicators such as . CoreCommodity financial statements analysis is a perfect complement when working with CoreCommodity Natural Valuation or Volatility modules.
CoreCommodity | Build AI portfolio with CoreCommodity Etf |
CoreCommodity Natural Resources ETF One Year Return Analysis
CoreCommodity Natural's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current CoreCommodity Natural One Year Return | 49.70 % |
Most of CoreCommodity Natural's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CoreCommodity Natural Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, CoreCommodity Natural Resources has an One Year Return of 49.7%. This is much higher than that of the family and significantly higher than that of the Natural Resources category. The one year return for all United States etfs is notably lower than that of the firm.
About CoreCommodity Natural Financial Statements
CoreCommodity Natural shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although CoreCommodity Natural investors may analyze each financial statement separately, they are all interrelated. The changes in CoreCommodity Natural's assets and liabilities, for example, are also reflected in the revenues and expenses on on CoreCommodity Natural's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
CoreCommodity Natural is entity of United States. It is traded as Etf on NASDAQ exchange.
Pair Trading with CoreCommodity Natural
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 CoreCommodity Natural 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 CoreCommodity Natural will appreciate offsetting losses from the drop in the long position's value.Moving against CoreCommodity Etf
The ability to find closely correlated positions to CoreCommodity Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCommodity Natural 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 CoreCommodity Natural - 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 CoreCommodity Natural Resources to buy it.
The correlation of CoreCommodity Natural 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 CoreCommodity Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCommodity Natural 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 CoreCommodity Natural 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.Check out the analysis of CoreCommodity Natural Correlation against competitors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of CoreCommodity Natural is measured differently than its book value, which is the value of CoreCommodity that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCommodity Natural's value that differs from its market value or its book value, called intrinsic value, which is CoreCommodity Natural'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 CoreCommodity Natural's market value can be influenced by many factors that don't directly affect CoreCommodity Natural'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 CoreCommodity Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCommodity Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCommodity Natural'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.