Corenergy Infras Stock Fundamentals
| CORRDelisted Stock | USD 1.16 0.05 4.13% |
Corenergy Infras fundamentals help investors to digest information that contributes to Corenergy Infras' financial success or failures. It also enables traders to predict the movement of Corenergy Stock. The fundamental analysis module provides a way to measure Corenergy Infras' 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 Corenergy Infras stock.
Corenergy |
Corenergy Infras Company Operating Margin Analysis
Corenergy Infras' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Corenergy Infras Operating Margin | 0.04 % |
Most of Corenergy Infras' fundamental indicators, such as Operating Margin, 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, Corenergy Infras is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Corenergy Infras has an Operating Margin of 0.0411%. This is 99.9% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The operating margin for all United States stocks is 100.75% lower than that of the firm.
Corenergy Infras Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Corenergy Infras's current stock value. Our valuation model uses many indicators to compare Corenergy Infras value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corenergy Infras competition to find correlations between indicators driving Corenergy Infras's intrinsic value. More Info.Corenergy Infras is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Corenergy Infras by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Corenergy Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corenergy Infras' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Corenergy Infras could also be used in its relative valuation, which is a method of valuing Corenergy Infras by comparing valuation metrics of similar companies.Corenergy Infras is currently under evaluation in operating margin category among its peers.
Corenergy Fundamentals
| Return On Equity | -0.0475 | |||
| Return On Asset | 0.0111 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 473.42 M | |||
| Shares Outstanding | 15.35 M | |||
| Shares Owned By Insiders | 5.36 % | |||
| Shares Owned By Institutions | 0.52 % | |||
| Number Of Shares Shorted | 237.75 K | |||
| Price To Earning | 105.31 X | |||
| Price To Book | 3.87 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 134.33 M | |||
| Gross Profit | 60.45 M | |||
| EBITDA | 23.36 M | |||
| Net Income | (14.47 M) | |||
| Cash And Equivalents | 21.78 M | |||
| Cash Per Share | 1.37 X | |||
| Total Debt | 221.35 M | |||
| Debt To Equity | 0.90 % | |||
| Current Ratio | 1.51 X | |||
| Book Value Per Share | (1.23) X | |||
| Cash Flow From Operations | 8.71 M | |||
| Short Ratio | 4.91 X | |||
| Earnings Per Share | (1.52) X | |||
| Price To Earnings To Growth | 8.33 X | |||
| Target Price | 1.0 | |||
| Number Of Employees | 156 | |||
| Beta | 1.62 | |||
| Market Capitalization | 1.63 M | |||
| Total Asset | 494.96 M | |||
| Retained Earnings | (333.79 M) | |||
| Working Capital | (78.59 M) | |||
| Current Asset | 26.66 M | |||
| Current Liabilities | 70.21 M | |||
| Z Score | -0.7 | |||
| Five Year Return | 9.60 % | |||
| Net Asset | 494.96 M | |||
| Last Dividend Paid | 0.05 |
About Corenergy Infras Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Corenergy Infras's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corenergy Infras using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corenergy Infras 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., is a real estate investment trust that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from customers and operators of our assets, including triple-net participating leases and from long term customer contracts. CorEnergy Infrastructure operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 155 people.
Pair Trading with Corenergy Infras
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 Corenergy Infras 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 Corenergy Infras will appreciate offsetting losses from the drop in the long position's value.Moving against Corenergy Stock
| 0.65 | XOM | Exxon Mobil Corp Earnings Call Today | PairCorr |
| 0.62 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.62 | HPQ | HP Inc | PairCorr |
| 0.6 | CVX | Chevron Corp Earnings Call Today | PairCorr |
| 0.49 | TRV | The Travelers Companies | PairCorr |
The ability to find closely correlated positions to Corenergy Infras could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corenergy Infras 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 Corenergy Infras - 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 Corenergy Infras to buy it.
The correlation of Corenergy Infras 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 Corenergy Infras moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corenergy Infras 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 Corenergy Infras 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 Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Corenergy Stock
If you are still planning to invest in Corenergy Infras check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Corenergy Infras' history and understand the potential risks before investing.
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