ClimateRock Return On Tangible Assets from 2010 to 2024

CLRCR Stock  USD 0.04  0.04  50.28%   
ClimateRock Right Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to grow to 0.02 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.01692332
Current Value
0.0178
Quarterly Volatility
0.02674264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ClimateRock Right financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ClimateRock Right's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Other Operating Expenses of 1.3 M or EBIT of 507.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0244 or PTB Ratio of 2.9. ClimateRock financial statements analysis is a perfect complement when working with ClimateRock Right Valuation or Volatility modules.
  
Check out the analysis of ClimateRock Right Correlation against competitors.
To learn how to invest in ClimateRock Stock, please use our How to Invest in ClimateRock Right guide.

Latest ClimateRock Right's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of ClimateRock Right over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. ClimateRock Right's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ClimateRock Right's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

ClimateRock Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.04)
Coefficient Of Variation(60.12)
Mean Deviation0.02
Median(0.06)
Standard Deviation0.03
Sample Variance0.0007
Range0.0746
R-Value0.68
Mean Square Error0.0004
R-Squared0.47
Significance0.01
Slope0
Total Sum of Squares0.01

ClimateRock Return On Tangible Assets History

2024 0.0178
2023 0.0169
2022 -0.0209

About ClimateRock Right Financial Statements

ClimateRock Right shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although ClimateRock Right investors may analyze each financial statement separately, they are all interrelated. The changes in ClimateRock Right's assets and liabilities, for example, are also reflected in the revenues and expenses on on ClimateRock Right's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 

Pair Trading with ClimateRock Right

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 ClimateRock Right 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 ClimateRock Right will appreciate offsetting losses from the drop in the long position's value.

Moving against ClimateRock Stock

  0.52V Visa Class APairCorr
  0.48BX Blackstone Group Normal TradingPairCorr
  0.48GS Goldman Sachs Group Fiscal Year End 21st of January 2025 PairCorr
  0.47MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.46SF Stifel Financial Fiscal Year End 22nd of January 2025 PairCorr
The ability to find closely correlated positions to ClimateRock Right could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClimateRock Right 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 ClimateRock Right - 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 ClimateRock Right to buy it.
The correlation of ClimateRock Right 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 ClimateRock Right moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClimateRock Right 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 ClimateRock Right 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.
Pair CorrelationCorrelation Matching

Additional Tools for ClimateRock Stock Analysis

When running ClimateRock Right's price analysis, check to measure ClimateRock Right's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ClimateRock Right is operating at the current time. Most of ClimateRock Right's value examination focuses on studying past and present price action to predict the probability of ClimateRock Right's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClimateRock Right's price. Additionally, you may evaluate how the addition of ClimateRock Right to your portfolios can decrease your overall portfolio volatility.