Core Scientific, Common Stock Buy Hold or Sell Recommendation
| CORZ Stock | USD 18.23 0.68 3.87% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Core Scientific, Common is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Core Scientific, Common given historical horizon and risk tolerance towards Core Scientific,. When Macroaxis issues a 'buy' or 'sell' recommendation for Core Scientific, Common, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Core Scientific, Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Core and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Core Scientific, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Core |
Execute Core Scientific, Buy or Sell Advice
The Core recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Core Scientific, Common. Macroaxis does not own or have any residual interests in Core Scientific, Common or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Core Scientific,'s advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Core Scientific, Trading Alerts and Improvement Suggestions
| Core Scientific, appears to be risky and price may revert if volatility continues | |
| Core Scientific, has high likelihood to experience some financial distress in the next 2 years | |
| Core Scientific, Common currently holds 865.54 M in liabilities. Core Scientific, Common has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Core Scientific,'s use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 502.4 M. Net Loss for the year was (246.49 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Core Scientific, has a frail financial position based on the latest SEC disclosures | |
| About 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: What the Options Market Tells Us About Core Scientific |
Core Scientific, Returns Distribution Density
The distribution of Core Scientific,'s historical returns is an attempt to chart the uncertainty of Core Scientific,'s future price movements. The chart of the probability distribution of Core Scientific, daily returns describes the distribution of returns around its average expected value. We use Core Scientific, Common price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Core Scientific, returns is essential to provide solid investment advice for Core Scientific,.
| Mean Return | 1.02 | Value At Risk | -4.28 | Potential Upside | 8.91 | Standard Deviation | 4.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Core Scientific, historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Core Scientific, Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 1.6M | 59.3M | 601.7M | 16.2M | 18.6M | 17.7M | |
| End Period Cash Flow | 8.7M | 131.7M | 52.2M | 69.7M | 80.2M | 59.2M |
Core Scientific, Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Core Scientific, or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Core Scientific,'s price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Core stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | 2.84 | |
σ | Overall volatility | 4.27 | |
Ir | Information ratio | 0.21 |
Core Scientific, Volatility Alert
Core Scientific, Common shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Core Scientific,'s stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Core Scientific,'s stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Core Scientific, Fundamentals Vs Peers
Comparing Core Scientific,'s fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Core Scientific,'s direct or indirect competition across all of the common fundamentals between Core Scientific, and the related equities. This way, we can detect undervalued stocks with similar characteristics as Core Scientific, or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Core Scientific,'s fundamental indicators could also be used in its relative valuation, which is a method of valuing Core Scientific, by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Core Scientific, to competition |
| Fundamentals | Core Scientific, | Peer Average |
| Return On Asset | 0.052 | -0.14 |
| Profit Margin | (1.44) % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 3.41 B | 16.62 B |
| Shares Outstanding | 258.22 M | 571.82 M |
| Shares Owned By Insiders | 11.56 % | 10.09 % |
| Shares Owned By Institutions | 56.01 % | 39.21 % |
| Number Of Shares Shorted | 29.49 M | 4.71 M |
| Price To Sales | 5.02 X | 11.42 X |
| Revenue | 502.4 M | 9.43 B |
| EBITDA | (63.12 M) | 3.9 B |
| Net Income | (246.49 M) | 570.98 M |
| Cash And Equivalents | 29.55 M | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 865.54 M | 5.32 B |
| Current Ratio | 0.17 X | 2.16 X |
| Book Value Per Share | (5.77) X | 1.93 K |
| Cash Flow From Operations | 65.11 M | 971.22 M |
| Short Ratio | 2.40 X | 4.00 X |
| Earnings Per Share | (3.49) X | 3.12 X |
| Target Price | 16.33 | |
| Number Of Employees | 286 | 18.84 K |
| Market Capitalization | 2.89 B | 19.03 B |
| Total Asset | 712.16 M | 29.47 B |
| Retained Earnings | (2.42 B) | 9.33 B |
| Working Capital | (391.41 M) | 1.48 B |
| Net Asset | 712.16 M |
Note: Acquisition by Levitt Michael J of 86911 shares of Core Scientific, at 1.0E-4 subject to Rule 16b-3 [view details]
Core Scientific, Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Core . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Core Scientific, Buy or Sell Advice
When is the right time to buy or sell Core Scientific, Common? Buying financial instruments such as Core Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Core Scientific, in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for Core Stock Analysis
When running Core Scientific,'s price analysis, check to measure Core Scientific,'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 Core Scientific, is operating at the current time. Most of Core Scientific,'s value examination focuses on studying past and present price action to predict the probability of Core Scientific,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Scientific,'s price. Additionally, you may evaluate how the addition of Core Scientific, to your portfolios can decrease your overall portfolio volatility.