Coretec Group Stock Buy Hold or Sell Recommendation
| CRTG Stock | USD 0.0004 0.0002 33.33% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Coretec Group is 'Sell'. Macroaxis provides Coretec buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Coretec positions.
Check out Coretec Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Coretec and provide practical buy, sell, or hold advice based on investors' constraints. Coretec Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Coretec |
Execute Coretec Buy or Sell Advice
The Coretec recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Coretec Group. Macroaxis does not own or have any residual interests in Coretec Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Coretec's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Coretec Trading Alerts and Improvement Suggestions
| Coretec Group is way too risky over 90 days horizon | |
| Coretec Group has some characteristics of a very speculative penny stock | |
| Coretec Group appears to be risky and price may revert if volatility continues | |
| Coretec Group has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Coretec Group currently holds about 3.1 M in cash with (1.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 57.0% of the company shares are held by company insiders |
Coretec Returns Distribution Density
The distribution of Coretec's historical returns is an attempt to chart the uncertainty of Coretec's future price movements. The chart of the probability distribution of Coretec daily returns describes the distribution of returns around its average expected value. We use Coretec Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Coretec returns is essential to provide solid investment advice for Coretec.
| Mean Return | 77.87 | Value At Risk | -33.33 | Potential Upside | 100.00 | Standard Deviation | 50.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Coretec historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Coretec Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Coretec or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Coretec's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Coretec pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 68.03 | |
β | Beta against Dow Jones | 95.00 | |
σ | Overall volatility | 39.60 | |
Ir | Information ratio | 0.13 |
Coretec Volatility Alert
Coretec Group is showing large volatility of returns over the selected time horizon. Coretec Group appears to be a penny stock. Although Coretec Group may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Coretec Group or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Coretec instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Coretec Fundamentals Vs Peers
Comparing Coretec's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Coretec's direct or indirect competition across all of the common fundamentals between Coretec and the related equities. This way, we can detect undervalued stocks with similar characteristics as Coretec or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Coretec's fundamental indicators could also be used in its relative valuation, which is a method of valuing Coretec by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Coretec to competition |
| Fundamentals | Coretec | Peer Average |
| Return On Equity | -0.65 | -0.31 |
| Return On Asset | -0.24 | -0.14 |
| Current Valuation | 5.4 M | 16.62 B |
| Shares Outstanding | 267.56 M | 571.82 M |
| Shares Owned By Insiders | 57.44 % | 10.09 % |
| Price To Earning | (0.56) X | 28.72 X |
| Price To Book | 2.93 X | 9.51 X |
| EBITDA | (5.96 M) | 3.9 B |
| Net Income | (6.27 M) | 570.98 M |
| Cash And Equivalents | 3.1 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 1.19 M | 5.32 B |
| Debt To Equity | 0.45 % | 48.70 % |
| Current Ratio | 7.16 X | 2.16 X |
| Book Value Per Share | 0.01 X | 1.93 K |
| Cash Flow From Operations | (1.11 M) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Number Of Employees | 8 | 18.84 K |
| Beta | 0.72 | -0.15 |
| Market Capitalization | 6.81 M | 19.03 B |
| Total Asset | 5.36 M | 29.47 B |
| Z Score | -0.3 | 8.72 |
| Net Asset | 5.36 M |
Coretec Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Coretec . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.67 | |||
| Day Median Price | 4.0E-4 | |||
| Day Typical Price | 4.0E-4 | |||
| Price Action Indicator | (0.0001) | |||
| Period Momentum Indicator | (0.0002) | |||
| Relative Strength Index | 81.52 |
About Coretec Buy or Sell Advice
When is the right time to buy or sell Coretec Group? Buying financial instruments such as Coretec Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Coretec 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?
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Currency Funds
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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 Currency Funds Theme or any other thematic opportunities.
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Other Information on Investing in Coretec Pink Sheet
Coretec financial ratios help investors to determine whether Coretec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coretec with respect to the benefits of owning Coretec security.