Corner Growth Acquisition Performance
| COOLDelisted Stock | USD 11.10 0.10 0.89% |
The firm shows a Beta (market volatility) of 0.0672, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Corner Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corner Growth is expected to be smaller as well. Corner Growth Acquisition right now shows a risk of 0.0%. Please confirm Corner Growth Acquisition expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Corner Growth Acquisition will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Corner Growth Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Corner Growth is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 31.5 K |
Corner |
Corner Growth Relative Risk vs. Return Landscape
If you would invest 1,110 in Corner Growth Acquisition on September 16, 2024 and sell it today you would earn a total of 0.00 from holding Corner Growth Acquisition or generate 0.0% return on investment over 90 days. Corner Growth Acquisition is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Corner, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Corner Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corner Growth's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corner Growth Acquisition, and traders can use it to determine the average amount a Corner Growth's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Corner Growth is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Corner Growth by adding Corner Growth to a well-diversified portfolio.
Corner Growth Fundamentals Growth
Corner Stock prices reflect investors' perceptions of the future prospects and financial health of Corner Growth, and Corner Growth fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Corner Stock performance.
| Return On Asset | -0.24 | |||
| Current Valuation | 114.71 M | |||
| Shares Outstanding | 10.09 M | |||
| Price To Earning | 38.15 X | |||
| Price To Book | 1.30 X | |||
| EBITDA | (3.13 M) | |||
| Cash And Equivalents | 169.81 K | |||
| Total Debt | 12.68 M | |||
| Debt To Equity | 1.30 % | |||
| Book Value Per Share | (1.47) X | |||
| Cash Flow From Operations | (9.92 K) | |||
| Earnings Per Share | (0.35) X | |||
| Total Asset | 4.65 M | |||
| Retained Earnings | (12.58 M) | |||
| Current Asset | 6.73 M | |||
| Current Liabilities | 1.35 M | |||
About Corner Growth Performance
By examining Corner Growth's fundamental ratios, stakeholders can obtain critical insights into Corner Growth's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Corner Growth is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Corner Growth Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Palo Alto, California. Corner Growth operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.Things to note about Corner Growth Acquisition performance evaluation
Checking the ongoing alerts about Corner Growth for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corner Growth Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corner Growth is not yet fully synchronised with the market data | |
| Corner Growth has a very high chance of going through financial distress in the upcoming years | |
| Corner Growth Acquisition currently holds 12.68 M in liabilities with Debt to Equity (D/E) ratio of 1.3, which is about average as compared to similar companies. Corner Growth Acquisition has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Corner Growth's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (3.49 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Corner Growth Acquisition currently holds about 169.81 K in cash with (9.92 K) of positive cash flow from operations. | |
| Roughly 96.0% of Corner Growth shares are held by company insiders |
- Analyzing Corner Growth's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corner Growth's stock is overvalued or undervalued compared to its peers.
- Examining Corner Growth's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corner Growth's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corner Growth's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corner Growth's stock. These opinions can provide insight into Corner Growth's potential for growth and whether the stock is currently undervalued or overvalued.
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 persons. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Corner Stock
If you are still planning to invest in Corner Growth Acquisition 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 Corner Growth's history and understand the potential risks before investing.
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