Corby Spirit And Stock Five Year Return
| CSW-B Stock | CAD 12.15 0.02 0.16% |
Corby Spirit and fundamentals help investors to digest information that contributes to Corby Spirit's financial success or failures. It also enables traders to predict the movement of Corby Stock. The fundamental analysis module provides a way to measure Corby Spirit'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 Corby Spirit stock.
Corby | Five Year Return |
Corby Spirit and Company Five Year Return Analysis
Corby Spirit's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Corby Spirit Five Year Return | 4.14 % |
Most of Corby Spirit's fundamental indicators, such as Five Year Return, 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, Corby Spirit and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Corby Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Corby Spirit is extremely important. It helps to project a fair market value of Corby Stock properly, considering its historical fundamentals such as Five Year Return. Since Corby Spirit'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 Corby Spirit'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 Corby Spirit's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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Corby Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Corby Spirit and has a Five Year Return of 4.14%. This is much higher than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The five year return for all Canada stocks is notably lower than that of the firm.
Corby Spirit Current Valuation Drivers
We derive many important indicators used in calculating different scores of Corby Spirit from analyzing Corby Spirit's financial statements. These drivers represent accounts that assess Corby Spirit's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Corby Spirit's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 588.7M | 518.1M | 513.0M | 404.3M | 365.8M | 514.6M | |
| Enterprise Value | 518.8M | 457.0M | 423.0M | 350.9M | 502.0M | 607.1M |
Corby Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0649 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 472.96 M | ||||
| Shares Outstanding | 4.19 M | ||||
| Shares Owned By Institutions | 8.19 % | ||||
| Number Of Shares Shorted | 79 | ||||
| Price To Earning | 17.32 X | ||||
| Price To Book | 1.87 X | ||||
| Price To Sales | 1.52 X | ||||
| Revenue | 229.66 M | ||||
| Gross Profit | 94.11 M | ||||
| EBITDA | 57.11 M | ||||
| Net Income | 23.91 M | ||||
| Cash And Equivalents | 61.02 M | ||||
| Cash Per Share | 2.14 X | ||||
| Total Debt | 140.84 M | ||||
| Current Ratio | 4.73 X | ||||
| Book Value Per Share | 6.38 X | ||||
| Cash Flow From Operations | 31.52 M | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 0.91 X | ||||
| Beta | 0.26 | ||||
| Market Capitalization | 349.54 M | ||||
| Total Asset | 420.48 M | ||||
| Retained Earnings | 158.85 M | ||||
| Working Capital | 102.63 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 4.14 % | ||||
| Net Asset | 420.48 M |
About Corby Spirit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Corby Spirit and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corby Spirit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corby Spirit and 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 Corby Spirit
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 Corby Spirit 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 Corby Spirit will appreciate offsetting losses from the drop in the long position's value.Moving against Corby Stock
| 0.56 | TCL-B | Transcontinental | PairCorr |
| 0.42 | MTH | Mammoth Resources Corp | PairCorr |
| 0.35 | SBIO | Sabio Holdings | PairCorr |
The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit 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 Corby Spirit - 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 Corby Spirit and to buy it.
The correlation of Corby Spirit 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 Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit 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 Corby Spirit 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 Corby Stock Analysis
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.