Arena Stock Performance

AFAC
 Stock
  

USD 10.06  0.03  0.30%   

Arena Fortify has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0053, which signifies not very significant fluctuations relative to the market. Let's try to break down what Arena's beta means in this case. As returns on the market increase, Arena Fortify returns are expected to increase less than the market. However, during the bear market, the loss on holding Arena Fortify will be expected to be smaller as well. Although it is important to respect Arena Fortify Acquisition historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Arena Fortify Acquisition technical indicators, you can presently evaluate if the expected return of 0.0051% will be sustainable into the future. Arena Fortify Acquisition right now shows a risk of 0.2%. Please confirm Arena Fortify Acquisition variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Arena Fortify Acquisition will be following its price patterns.
  
Arena Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Arena Fortify Acquisition are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Arena Fortify is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

Arena Price Channel

Quick Ratio0.37
Fifty Two Week Low9.55
Fifty Two Week High10.81

Arena Fortify Relative Risk vs. Return Landscape

If you would invest  1,000.00  in Arena Fortify Acquisition on May 12, 2022 and sell it today you would earn a total of  3.00  from holding Arena Fortify Acquisition or generate 0.3% return on investment over 90 days. Arena Fortify Acquisition is currently generating 0.0051% in daily expected returns and assumes 0.1985% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than Arena, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Arena Fortify is expected to generate 11.96 times less return on investment than the market. But when comparing it to its historical volatility, the company is 6.39 times less risky than the market. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 of returns per unit of risk over similar time horizon.

Arena Fortify Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Arena Fortify's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Arena Fortify Acquisition, and traders can use it to determine the average amount a Arena Fortify's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0257

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsAFAC
Estimated Market Risk
 0.2
  actual daily
 
 1 %
of total potential
 
11
Expected Return
 0.01
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.03
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average Arena Fortify is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Arena Fortify by adding it to a well-diversified portfolio.

About Arena Fortify Performance

To evaluate Arena Fortify Acquisition Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Arena Fortify generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Arena Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Arena Fortify Acquisition stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Arena's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.16  0.16 
Return on Average Equity(2.86) (3.08) 
Return on Invested Capital 0.16  0.16 
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.

Things to note about Arena Fortify Acquisition

Checking the ongoing alerts about Arena Fortify for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Arena Fortify Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Arena Fortify Alerts

Equity Alerts and Improvement Suggestions

The company currently holds 3.45 M in liabilities with Debt to Equity (D/E) ratio of 7.14, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Arena Fortify Acquisition has a current ratio of 0.76, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Arena Fortify until it has trouble settling it off, either with new capital or with free cash flow. So, Arena Fortify's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Arena Fortify Acquisition sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arena to invest in growth at high rates of return. When we think about Arena Fortify's use of debt, we should always consider it together with cash and equity.
Arena Fortify Acquisition currently holds about 348.71 K in cash with (715.16 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Arena Fortify has a frail financial position based on the latest SEC disclosures
Over 87.0% of Arena Fortify shares are held by institutions such as insurance companies
Please continue to Trending Equities. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Arena Stock analysis

When running Arena Fortify Acquisition price analysis, check to measure Arena Fortify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arena Fortify is operating at the current time. Most of Arena Fortify's value examination focuses on studying past and present price action to predict the probability of Arena Fortify's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Arena Fortify's price. Additionally, you may evaluate how the addition of Arena Fortify to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Is Arena Fortify's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arena Fortify. If investors know Arena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arena Fortify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
216.9 M
The market value of Arena Fortify Acquisition is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Fortify's value that differs from its market value or its book value, called intrinsic value, which is Arena Fortify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arena Fortify's market value can be influenced by many factors that don't directly affect Arena Fortify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arena Fortify's value and its price as these two are different measures arrived at by different means. Investors typically determine Arena Fortify value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Fortify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.