Arena Financial Statements From 2010 to 2024
AFACDelisted Stock | USD 10.27 0.00 0.00% |
Check Arena Fortify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arena main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Arena financial statements analysis is a perfect complement when working with Arena Fortify Valuation or Volatility modules.
Arena |
Arena Book Value Per Share Analysis
Arena Fortify's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Arena Fortify Book Value Per Share | (0.22) X |
Most of Arena Fortify's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Arena Fortify Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
CompetitionIn accordance with the recently published financial statements, the book value per share of Arena Fortify Acquisition is about -0.221 times. This is 100.27% lower than that of the Financial Services sector and significantly lower than that of the Shell Companies industry. The book value per share for all United States stocks is 100.01% higher than that of the company.
Arena Fortify Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Arena Fortify's current stock value. Our valuation model uses many indicators to compare Arena Fortify value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Arena Fortify competition to find correlations between indicators driving Arena Fortify's intrinsic value. More Info.Arena Fortify Acquisition is number one stock in net income category among related companies. It is number one stock in earnings per share category among related companies . The ratio of Net Income to Earnings Per Share for Arena Fortify Acquisition is about 9,992,872 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Arena Fortify by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Arena Fortify's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Arena Fortify's earnings, one of the primary drivers of an investment's value.About Arena Fortify Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arena Fortify income statement, its balance sheet, and the statement of cash flows. Arena Fortify investors use historical funamental indicators, such as Arena Fortify's revenue or net income, to determine how well the company is positioned to perform in the future. Although Arena Fortify investors may use each financial statement separately, they are all related. The changes in Arena Fortify's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arena Fortify's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arena Fortify Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arena Fortify. Please read more on our technical analysis and fundamental analysis pages.
Arena Fortify Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Arena Fortify operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Pair Trading with Arena Fortify
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 Arena Fortify 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 Arena Fortify will appreciate offsetting losses from the drop in the long position's value.Moving against Arena Stock
0.72 | MMM | 3M Company Sell-off Trend | PairCorr |
0.56 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
0.55 | AFFL | Affiliated Resources Corp | PairCorr |
0.44 | SYM | Symbotic Financial Report 6th of May 2024 | PairCorr |
0.43 | PBAJ | Petro Usa | PairCorr |
The ability to find closely correlated positions to Arena Fortify could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena Fortify 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 Arena Fortify - 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 Arena Fortify Acquisition to buy it.
The correlation of Arena Fortify is a statistical measure of how it moves in relation to other equities. 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 Arena Fortify moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Fortify Acquisition 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 Arena Fortify 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 nation. Note that the Arena Fortify Acquisition information on this page should be used as a complementary analysis to other Arena Fortify's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Arena Stock
If you are still planning to invest in Arena Fortify Acquisition 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 Arena Fortify's history and understand the potential risks before investing.
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