Korver Corp Stock Fundamentals
| KOVR Stock | USD 0.0001 0.00 0.00% |
Korver Corp fundamentals help investors to digest information that contributes to Korver Corp's financial success or failures. It also enables traders to predict the movement of Korver Stock. The fundamental analysis module provides a way to measure Korver Corp'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 Korver Corp stock.
At this time, Korver Corp's Total Revenue is relatively stable compared to the past year. As of 11/24/2024, Cost Of Revenue is likely to grow to about 624.2 K, while Gross Profit is likely to drop slightly above 49.3 K. Korver | Select Account or Indicator |
Korver Corp Company Return On Asset Analysis
Korver Corp's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Korver Corp Return On Asset | -0.0746 |
Most of Korver Corp's fundamental indicators, such as Return On 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, Korver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Korver Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Korver Corp is extremely important. It helps to project a fair market value of Korver Stock properly, considering its historical fundamentals such as Return On Asset. Since Korver Corp'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 Korver Corp'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 Korver Corp's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Korver Total Assets
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Based on the latest financial disclosure, Korver Corp has a Return On Asset of -0.0746. This is 97.42% lower than that of the Semiconductors & Semiconductor Equipment sector and 98.96% lower than that of the Information Technology industry. The return on asset for all United States stocks is 46.71% lower than that of the firm.
Korver Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Korver Corp's current stock value. Our valuation model uses many indicators to compare Korver Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Korver Corp competition to find correlations between indicators driving Korver Corp's intrinsic value. More Info.Korver Corp is rated fourth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Korver Corp's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Korver Corp 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.Korver Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Korver Corp's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Korver Corp could also be used in its relative valuation, which is a method of valuing Korver Corp by comparing valuation metrics of similar companies.Korver Corp is currently under evaluation in return on asset category among its peers.
Korver Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0746 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 387.8 K | ||||
| Shares Outstanding | 16.93 M | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 729.39 K | ||||
| Gross Profit | 57.66 K | ||||
| EBITDA | (96.88 K) | ||||
| Net Income | (309.19 K) | ||||
| Cash And Equivalents | 2.99 K | ||||
| Total Debt | 541.04 K | ||||
| Debt To Equity | 0.91 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 0.42 X | ||||
| Cash Flow From Operations | (150.08 K) | ||||
| Earnings Per Share | (0.11) X | ||||
| Beta | 25.96 | ||||
| Market Capitalization | 387.81 K | ||||
| Total Asset | 943.11 K | ||||
| Net Asset | 943.11 K |
About Korver Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Korver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Korver Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Korver Corp 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.| Last Reported | Projected for Next Year | ||
| Total Revenue | 656.5 K | 778.2 K | |
| Cost Of Revenue | 604.6 K | 624.2 K | |
| Revenue Per Share | 0.01 | 0.01 | |
| Ebit Per Revenue | 0.82 | 0.86 |
Pair Trading with Korver Corp
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 Korver Corp 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 Korver Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Korver Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korver Corp 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 Korver Corp - 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 Korver Corp to buy it.
The correlation of Korver Corp 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 Korver Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korver Corp 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 Korver Corp 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 Korver Stock Analysis
When running Korver Corp's price analysis, check to measure Korver Corp'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 Korver Corp is operating at the current time. Most of Korver Corp's value examination focuses on studying past and present price action to predict the probability of Korver Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korver Corp's price. Additionally, you may evaluate how the addition of Korver Corp to your portfolios can decrease your overall portfolio volatility.