Crucible Acquisition Earnings Estimate
Crucible Acquisition Earnings per Share Projection vs Actual
About Crucible Acquisition Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Crucible Acquisition earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Crucible Acquisition estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Crucible Acquisition fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Crucible Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in Boulder, Colorado. Crucible Acquisition is traded on New York Stock Exchange in the United States.
Pair Trading with Crucible Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crucible Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crucible Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Crucible Stock
| 0.77 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.73 | PBAJ | Petro Usa | PairCorr |
| 0.59 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.54 | CSCO | Cisco Systems Aggressive Push | PairCorr |
The ability to find closely correlated positions to Crucible Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crucible Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crucible Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crucible Acquisition Corp to buy it.
The correlation of Crucible Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crucible Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crucible Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crucible Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Crucible Stock
If you are still planning to invest in Crucible Acquisition Corp 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 Crucible Acquisition's history and understand the potential risks before investing.
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