Diamond Eagle Acquisition Stock Shares Outstanding
Diamond Eagle Acquisition fundamentals help investors to digest information that contributes to Diamond Eagle's financial success or failures. It also enables traders to predict the movement of Diamond OTC BB Equity. The fundamental analysis module provides a way to measure Diamond Eagle'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 Diamond Eagle otc bb equity.
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Diamond Eagle Acquisition Company Shares Outstanding Analysis
Diamond Eagle'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 Diamond Eagle Shares Outstanding | 40 M |
Most of Diamond Eagle'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, Diamond Eagle 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, Diamond Eagle Acquisition has 40 M of shares currently outstending. This is 97.82% lower than that of the sector and significantly higher than that of the Shares Outstanding industry. The shares outstanding for all United States stocks is 93.0% higher than that of the company.
Diamond Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Diamond Eagle's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the otc bb equitys which would be a good addition to a portfolio. Peer analysis of Diamond Eagle could also be used in its relative valuation, which is a method of valuing Diamond Eagle by comparing valuation metrics of similar companies.Diamond Eagle is currently under evaluation in shares outstanding category among related companies.
Diamond Fundamentals
| Current Valuation | 878.01 M | |||
| Shares Outstanding | 40 M | |||
| Shares Owned By Institutions | 84.80 % | |||
| Number Of Shares Shorted | 3.05 M | |||
| Price To Earning | 227.66 X | |||
| Price To Book | 172.00 X | |||
| Gross Profit | (131.5 K) | |||
| Net Income | 3.08 M | |||
| Cash And Equivalents | 491.23 K | |||
| Cash Per Share | 0.01 X | |||
| Current Ratio | 0.54 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (2.47 M) | |||
| Short Ratio | 1.32 X | |||
| Earnings Per Share | 0.08 X | |||
| Beta | 4.57 | |||
| Market Capitalization | 876.5 M | |||
| Total Asset | 102 K | |||
| Retained Earnings | (13.87 M) | |||
| Working Capital | (1.43 M) | |||
| Current Asset | 2 K | |||
| Current Liabilities | 1.43 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamond Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamond Eagle's short interest history, or implied volatility extrapolated from Diamond Eagle options trading.
Pair Trading with Diamond Eagle
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 Diamond Eagle 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 Diamond Eagle will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Humana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Humana 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 Humana - 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 Humana Inc to buy it.
The correlation of Humana 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 Humana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Humana Inc 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 Humana 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 Investing Opportunities 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 Diamond Eagle Acquisition information on this page should be used as a complementary analysis to other Diamond Eagle'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Diamond OTC BB Equity
If you are still planning to invest in Diamond Eagle 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 Diamond Eagle's history and understand the potential risks before investing.
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