You can use fundamental analysis to find out if Corby Spirit is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for thirty-two available fundamental indicators for Corby Spirit and, which can be compared to its peers. The stock experiences a normal downward trend and little activity. Check odds of Corby Spirit to be traded at C$12.03 in 90 days. Key indicators impacting Corby Spirit's financial strength include:
Understanding current and past Corby Spirit Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corby Spirit's financial statements are interrelated, with each one affecting the others. For example, an increase in Corby Spirit's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Corby Spirit's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corby Spirit and. Check Corby Spirit's Beneish M Score to see the likelihood of Corby Spirit's management manipulating its earnings.
Corby Spirit Stock Summary
Corby Spirit competes with Apple, NVIDIA CDR, Microsoft Corp, Amazon CDR, and Alphabet. Corby Spirit and Wine Limited manufactures, markets, and distributes spirits and imported wines. Corby Spirit and Wine Limited is a subsidiary of Hiram Walker Sons Limited. Corby Spirit operates under Beverages - Wineries Distilleries classification in Canada and is traded on Toronto Stock Exchange. It employs 175 people.
You should never invest in Corby Spirit without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Corby Stock, because this is throwing your money away. Analyzing the key information contained in Corby Spirit's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Corby Spirit Key Financial Ratios
Corby Spirit's financial ratios allow both analysts and investors to convert raw data from Corby Spirit's financial statements into concise, actionable information that can be used to evaluate the performance of Corby Spirit over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Corby Spirit's current stock value. Our valuation model uses many indicators to compare Corby Spirit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corby Spirit competition to find correlations between indicators driving Corby Spirit's intrinsic value. More Info.
Corby Spirit and is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Corby Spirit and is roughly 2.04 . At this time, Corby Spirit's Return On Equity is comparatively stable compared to the past year. 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 Corby Spirit's earnings, one of the primary drivers of an investment's value.
Corby Spirit Systematic Risk
Corby Spirit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corby Spirit volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Corby Spirit correlated with the market. If Beta is less than 0 Corby Spirit generally moves in the opposite direction as compared to the market. If Corby Spirit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corby Spirit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corby Spirit is generally in the same direction as the market. If Beta > 1 Corby Spirit moves generally in the same direction as, but more than the movement of the benchmark.
Corby Spirit and Total Assets Over Time
Today, most investors in Corby Spirit Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corby Spirit's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Corby Spirit growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Corby Spirit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corby Spirit and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corby Spirit and based on widely used predictive technical indicators. In general, we focus on analyzing Corby Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corby Spirit's daily price indicators and compare them against related drivers.
When running Corby Spirit's price analysis, check to measure Corby Spirit'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 Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.