CRF Stock Summary and Trading Ideas (Cornerstone Total Return | AMEX:CRF)

The Fund’s investment objective is capital appreciation with current income as a secondary objective. In determining which securities to buy for the Fund’s portfolio, the Fund’s investment adviser uses a balanced approach, including “value” and “growth” investing by seeking out companies at reasonable prices, without regard to sector or industry, which demonstrate favorable long-term growth characteristics. Valuation and growth characteristics may be considered for purposes of selecting potential investment securities. The Fund may invest without limitation in other closed-end investment companies and ETFs, provided that the Fund limits its investment in securities issued by other investment companies so that not more than 3% of the outstanding voting stock of any one investment company will be owned by the Fund. As a stockholder in any investment company, the Fund will bear its ratable share of the investment company's expenses and would remain subject to payment of the Fund's advisory and administrative fees with respect to the assets so invested.

Cornerstone Total Return trades on the AMEX stock market under the symbol CRF.

As of April 16, 2024, CRF stock price was flat at $7.12 with 1,291,330 million shares trading.

CRF has a beta of 1.29, meaning it tends to be more sensitive to market movements. CRF has a correlation of 0.38 to the broad based SPY ETF.

CRF has a market cap of $793.23 million. This is considered a Small Cap stock.

In the last 3 years, CRF stock traded as high as $14.20 and as low as $6.05.

CRF has underperformed the market in the last year with a price return of +16.4% while the SPY ETF gained +23.7%. CRF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.9% and -4.6%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

CRF support price is $7.05 and resistance is $7.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRF stock will trade within this expected range on the day.