Arena Fortify Acquisition Stock Shares Outstanding
| AFACDelisted Stock | USD 10.27 0.00 0.00% |
Arena Fortify Acquisition fundamentals help investors to digest information that contributes to Arena Fortify's financial success or failures. It also enables traders to predict the movement of Arena Stock. The fundamental analysis module provides a way to measure Arena Fortify's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Arena Fortify stock.
Arena |
Arena Fortify Acquisition Company Shares Outstanding Analysis
Arena Fortify's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Arena Fortify Shares Outstanding | 17.25 M |
Most of Arena Fortify's fundamental indicators, such as Shares Outstanding, 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.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Arena Fortify Acquisition has 17.25 M of shares currently outstending. This is 99.06% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The shares outstanding for all United States stocks is 96.98% higher than that of the company.
Arena Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Arena Fortify's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Arena Fortify could also be used in its relative valuation, which is a method of valuing Arena Fortify by comparing valuation metrics of similar companies.Arena Fortify is currently under evaluation in shares outstanding category among related companies.
Arena Fundamentals
| Current Valuation | 224.53 M | |||
| Shares Outstanding | 17.25 M | |||
| Shares Owned By Institutions | 89.56 % | |||
| Number Of Shares Shorted | 3.24 K | |||
| Price To Earning | 7.18 X | |||
| Net Income | 14.02 M | |||
| Cash And Equivalents | 159.39 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 3.45 M | |||
| Debt To Equity | 7.14 % | |||
| Current Ratio | 0.57 X | |||
| Book Value Per Share | (0.22) X | |||
| Cash Flow From Operations | (904.48 K) | |||
| Short Ratio | 0.03 X | |||
| Earnings Per Share | 1.40 X | |||
| Market Capitalization | 221.45 M | |||
| Z Score | 38.4 |
About Arena Fortify Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arena Fortify Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arena Fortify using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arena Fortify Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.76 | ACN | Accenture plc Sell-off Trend | PairCorr |
| 0.66 | 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 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 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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