Cornerstone Fund Quote

CLM
 Fund
  

USD 8.54  0.10  1.18%   

Market Performance
0 of 100
Odds Of Distress
Less than 49
Cornerstone Strategic is selling for 8.54 as of the 2nd of December 2022. This is a 1.18 percent increase since the beginning of the trading day. The fund's lowest day price was 8.46. Cornerstone Strategic has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Cornerstone Strategic Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of October 2022 and ending today, the 2nd of December 2022. Click here to learn more.
CUSIP
19764F813
ISIN
US21924B3024
Fiscal _ Year _ End
May
Cornerstone Strategic Value Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc. Cornerstone Strategic Value Fund, Inc. was formed on May 1, 1987 and is domiciled in the United States. Cornerstone Strategic operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 117.88 M outstanding shares of which 11.32 M shares are currently shorted by investors with about 5.11 days to cover. More on Cornerstone Strategic Value

Cornerstone Strategic Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cornerstone Strategic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cornerstone Strategic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cornerstone Strategic generated a negative expected return over the last 90 days
On 30th of November 2022 Cornerstone Strategic paid $ 0.1808 per share dividend to its current shareholders
Latest headline from news.google.com: Transcript Cornerstone Building Brands, Inc., Q3 2022 Earnings Call, Nov 29, 2022 - Marketscreener.com
ChairmanRalph Bradshaw
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cornerstone Strategic's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Next Fiscal Year End31st of December 2023
Most Recent Quarter30th of June 2022
Last Fiscal Year End31st of December 2021
Date Short Interest14th of October 2022
Cornerstone Strategic Value [CLM] is traded in USA and was established 2nd of December 2022. The fund is not filed under any group at the present time. The fund currently has in assets under management (AUM) with no minimum investment requirements
Check Cornerstone Strategic Probability Of Bankruptcy

Cornerstone Strategic Target Price Odds Analysis

Based on a normal probability distribution, the odds of Cornerstone Strategic jumping above the current price in 90 days from now is about 43.83%. The Cornerstone Strategic Value probability density function shows the probability of Cornerstone Strategic fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Cornerstone Strategic has a beta of 0.9687 suggesting Cornerstone Strategic Value market returns are highly reactive to returns on the market. As the market goes up or down, Cornerstone Strategic is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cornerstone Strategic is significantly underperforming NYSE Composite.
  Odds Below 8.54HorizonTargetOdds Above 8.54
55.98%90 days
 8.54 
43.83%
Based on a normal probability distribution, the odds of Cornerstone Strategic to move above the current price in 90 days from now is about 43.83 (This Cornerstone Strategic Value probability density function shows the probability of Cornerstone Fund to fall within a particular range of prices over 90 days) .

Cornerstone Strategic Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cornerstone Strategic market risk premium is the additional return an investor will receive from holding Cornerstone Strategic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cornerstone Strategic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Cornerstone Strategic's alpha and beta are two of the key measurements used to evaluate Cornerstone Strategic's performance over the market, the standard measures of volatility play an important role as well.

Cornerstone Strategic Against Markets

Picking the right benchmark for Cornerstone Strategic fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cornerstone Strategic fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cornerstone Strategic is critical whether you are bullish or bearish towards Cornerstone Strategic Value at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cornerstone Strategic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Cornerstone Strategic Value?

The danger of trading Cornerstone Strategic Value is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cornerstone Strategic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cornerstone Strategic. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cornerstone Strategic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Cornerstone Strategic price analysis, check to measure Cornerstone Strategic'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 Cornerstone Strategic is operating at the current time. Most of Cornerstone Strategic's value examination focuses on studying past and present price action to predict the probability of Cornerstone Strategic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cornerstone Strategic's price. Additionally, you may evaluate how the addition of Cornerstone Strategic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Cornerstone Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine Cornerstone Strategic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cornerstone Strategic'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.