Climaterock Right Stock Total Asset
| CLRCR Stock | USD 0.11 0.00 0.00% |
ClimateRock Right fundamentals help investors to digest information that contributes to ClimateRock Right's financial success or failures. It also enables traders to predict the movement of ClimateRock Stock. The fundamental analysis module provides a way to measure ClimateRock Right's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ClimateRock Right stock.
| Last Reported | Projected for Next Year | ||
| Total Assets | 32.9 M | 40.4 M |
ClimateRock | Total Asset |
ClimateRock Right Company Total Asset Analysis
ClimateRock Right's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current ClimateRock Right Total Asset | 28.57 M |
Most of ClimateRock Right's fundamental indicators, such as Total Asset, 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, ClimateRock Right is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ClimateRock Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for ClimateRock Right is extremely important. It helps to project a fair market value of ClimateRock Stock properly, considering its historical fundamentals such as Total Asset. Since ClimateRock Right's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ClimateRock Right's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ClimateRock Right's interrelated accounts and indicators.
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ClimateRock Total Asset Historical Pattern
Today, most investors in ClimateRock Right Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ClimateRock Right's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ClimateRock Right total asset as a starting point in their analysis.
ClimateRock Right Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionClimateRock Total Assets
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Based on the latest financial disclosure, ClimateRock Right has a Total Asset of 28.57 M. This is much higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is notably lower than that of the firm.
ClimateRock Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ClimateRock Right's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ClimateRock Right could also be used in its relative valuation, which is a method of valuing ClimateRock Right by comparing valuation metrics of similar companies.ClimateRock Right is currently under evaluation in total asset category among its peers.
ClimateRock Fundamentals
| Return On Asset | -0.0475 | ||||
| Number Of Shares Shorted | 8.3 K | ||||
| EBITDA | 2.13 M | ||||
| Net Income | 483.43 K | ||||
| Cash And Equivalents | 4.95 K | ||||
| Total Debt | 2.13 M | ||||
| Current Ratio | 1.32 X | ||||
| Book Value Per Share | (1.20) X | ||||
| Cash Flow From Operations | (1.41 M) | ||||
| Earnings Per Share | (0.39) X | ||||
| Beta | -0.001 | ||||
| Total Asset | 28.57 M | ||||
| Retained Earnings | (5.58 M) | ||||
| Net Asset | 28.57 M |
About ClimateRock Right Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ClimateRock Right's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ClimateRock Right using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ClimateRock Right based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.42 | RM | Regional Management Corp Earnings Call This Week | PairCorr |
| 0.41 | LX | Lexinfintech Holdings Trending | PairCorr |
| 0.37 | QD | Qudian Inc | PairCorr |
| 0.36 | LC | LendingClub Corp | 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.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.