Chorus Aviation Financials
| CHRRF Stock | USD 2.37 0.00 0.00% |
Chorus |
Understanding current and past Chorus Aviation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Chorus Aviation's financial statements are interrelated, with each one affecting the others. For example, an increase in Chorus Aviation's assets may result in an increase in income on the income statement.
Chorus Aviation Stock Summary
Chorus Aviation competes with Joby Aviation, Wheels Up, AerSale Corp, Grupo Aeroportuario, and Grupo Aeroportuario. Chorus Aviation Inc., through its subsidiaries, provides various aviation support services in the United States and Canada. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. Chorus Aviation operates under Airports Air Services classification in the United States and is traded on OTC Exchange. It employs 4783 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 3 Spectacle Lake |
| Sector | Airlines |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.chorusaviation.com |
| Phone | 902 873 5000 |
| Currency | USD - US Dollar |
Chorus Aviation Key Financial Ratios
There are many critical financial ratios that Chorus Aviation's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Chorus Aviation reports annually and quarterly.| Return On Equity | 0.0166 | |||
| Return On Asset | 0.031 | |||
| Beta | 2.2 |
Chorus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Chorus Aviation's current stock value. Our valuation model uses many indicators to compare Chorus Aviation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Chorus Aviation competition to find correlations between indicators driving Chorus Aviation's intrinsic value. More Info.Chorus Aviation is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 1.87 of Return On Asset per Return On Equity. 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 Chorus Aviation's earnings, one of the primary drivers of an investment's value.Chorus Aviation Systematic Risk
Chorus Aviation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Chorus Aviation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Chorus Aviation correlated with the market. If Beta is less than 0 Chorus Aviation generally moves in the opposite direction as compared to the market. If Chorus Aviation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chorus Aviation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chorus Aviation is generally in the same direction as the market. If Beta > 1 Chorus Aviation moves generally in the same direction as, but more than the movement of the benchmark.
Chorus Aviation November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Chorus Aviation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Chorus Aviation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chorus Aviation based on widely used predictive technical indicators. In general, we focus on analyzing Chorus Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chorus Aviation's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.1267 | |||
| Maximum Drawdown | 7.04 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 2.45 |
Complementary Tools for Chorus Pink Sheet analysis
When running Chorus Aviation's price analysis, check to measure Chorus Aviation'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 Chorus Aviation is operating at the current time. Most of Chorus Aviation's value examination focuses on studying past and present price action to predict the probability of Chorus Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chorus Aviation's price. Additionally, you may evaluate how the addition of Chorus Aviation to your portfolios can decrease your overall portfolio volatility.
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