2x Corn Etf Performance
| CORX Etf | USD 12.17 0.13 1.06% |
The etf owns a Beta (Systematic Risk) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 2x Corn are expected to decrease at a much lower rate. During the bear market, 2x Corn is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days 2x Corn ETF has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Etf's basic indicators remain fairly strong which may send shares a bit higher in August 2025. The current disturbance may also be a sign of long term up-swing for the ETF investors. ...more
2x Corn Relative Risk vs. Return Landscape
If you would invest 1,699 in 2x Corn ETF on April 27, 2025 and sell it today you would lose (482.00) from holding 2x Corn ETF or give up 28.37% of portfolio value over 90 days. 2x Corn ETF is currently does not generate positive expected returns and assumes 2.4945% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of etfs are less volatile than CORX, 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 |
2x Corn Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2x Corn's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as 2x Corn ETF, and traders can use it to determine the average amount a 2x Corn'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 = -0.1993
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CORX |
Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 2x Corn 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 2x Corn by adding 2x Corn to a well-diversified portfolio.
2x Corn Fundamentals Growth
CORX Etf prices reflect investors' perceptions of the future prospects and financial health of 2x Corn, and 2x Corn 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 CORX Etf performance.
| Current Valuation | 68.07 M | |||
| Shares Outstanding | 694.52 K | |||
| Price To Earning | 6.38 X | |||
| Price To Book | 0.56 X | |||
| Price To Sales | 5.14 X | |||
| EBITDA | 405.96 K | |||
| Cash And Equivalents | 157 | |||
| Total Debt | 10.99 K | |||
| Debt To Equity | 234.00 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (437) | |||
| Earnings Per Share | (0.12) X | |||
| Current Asset | 448 K | |||
| Current Liabilities | 2.61 M | |||
About 2x Corn Performance
Evaluating 2x Corn's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if 2x Corn has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if 2x Corn has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Core Lithium Corp., an exploration stage mining company, engages in the identification, acquisition, exploration, mining, and development of lithium assets in North America. Core Lithium Corp. was incorporated in 1994 and is based in Cincinnati, Ohio. Core Lithium operates under Drug Manufacturers - Other classification in the United States and is traded on OTC Exchange. It employs 1 people.| 2x Corn ETF generated a negative expected return over the last 90 days | |
| 2x Corn ETF has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (6.34 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| 2x Corn ETF currently holds about 157 in cash with (437) of positive cash flow from operations. | |
| Roughly 89.0% of the company shares are held by company insiders | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 2x Corn ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of 2x Corn ETF is measured differently than its book value, which is the value of CORX that is recorded on the company's balance sheet. Investors also form their own opinion of 2x Corn's value that differs from its market value or its book value, called intrinsic value, which is 2x Corn's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 2x Corn's market value can be influenced by many factors that don't directly affect 2x Corn's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 2x Corn's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2x Corn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2x Corn'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.