CoreLogic Current Valuation vs. Return On Asset
Based on the measurements of profitability obtained from CoreLogic's financial statements, CoreLogic may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess CoreLogic's ability to earn profits and add value for shareholders.
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 price.
Please note, there is a significant difference between CoreLogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreLogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreLogic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For CoreLogic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CoreLogic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CoreLogic utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CoreLogic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CoreLogic over time as well as its relative position and ranking within its peers.
CoreLogic |
CoreLogic Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CoreLogic's current stock value. Our valuation model uses many indicators to compare CoreLogic value to that of its competitors to determine the firm's financial worth. CoreLogic is the top company in current valuation category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for CoreLogic is about 1,402,985,075 . 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 CoreLogic's earnings, one of the primary drivers of an investment's value.CoreLogic Current Valuation vs. Competition
CoreLogic is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology Services industry is currently estimated at about 60.07 Billion. CoreLogic retains roughly 7.52 Billion in current valuation claiming about 13% of equities under Information Technology Services industry.
CoreLogic Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
CoreLogic |
| = | 7.52 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
CoreLogic |
| = | 5.36 |
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.
CoreLogic Return On Asset Comparison
CoreLogic is currently under evaluation in return on asset category among its peers.
CoreLogic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CoreLogic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CoreLogic will eventually generate negative long term returns. The profitability progress is the general direction of CoreLogic's change in net profit over the period of time. It can combine multiple indicators of CoreLogic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
CoreLogic, Inc., together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. CoreLogic, Inc. was incorporated in 1894 and is headquartered in Irvine, California. CoreLogic operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 5300 people.
CoreLogic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CoreLogic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CoreLogic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CoreLogic's important profitability drivers and their relationship over time.
Use CoreLogic in pair-trading
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 CoreLogic 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 CoreLogic will appreciate offsetting losses from the drop in the long position's value.CoreLogic Pair Trading
CoreLogic Pair Trading Analysis
The ability to find closely correlated positions to Analog Devices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Analog Devices 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 Analog Devices - 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 Analog Devices to buy it.
The correlation of Analog Devices 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 Analog Devices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Analog Devices 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 Analog Devices 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.Use Investing Themes to Complement your CoreLogic position
In addition to having CoreLogic 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 Cigarettes Thematic Idea Now
Cigarettes
Tobacco makers and distributors across globe. The Cigarettes theme has 47 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 Cigarettes Theme or any other thematic opportunities.
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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 price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in CoreLogic Stock
If you are still planning to invest in CoreLogic 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 CoreLogic's history and understand the potential risks before investing.
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