Arena Stock Today

AFAC
 Stock
  

USD 10.06  0.03  0.30%   

Market Performance
1 of 100
Odds Of Distress
Less than 26
Arena Fortify is trading at 10.06 as of the 10th of August 2022, a 0.30 percent up since the beginning of the trading day. The stock's open price was 10.03. Arena Fortify has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Arena Fortify Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2022 and ending today, the 10th of August 2022. Please note, there could be an existing legal relationship between Arena Fortify Acquisition (AFAC) and Arena Fortify Acquisition (AFACU). Click here to learn more.
Fiscal Year End
December
IPO Date
4th of January 2022
Category
Financial Services
ISIN
US04005A1043
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. The company has 17.25 M outstanding shares of which 5.97 K shares are presently shorted by private and institutional investors with about 0.54 trading days to cover. More on Arena Fortify Acquisition

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Arena Fortify Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Arena Fortify's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Arena Fortify or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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
Related EntityAFACU (Arena Fortify Acquisition)
Fama & French Classification
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Arena Fortify Acquisition based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Arena Fortify Acquisition financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares5.6 M5.6 M
Slightly Down
Decreasing
Slightly volatile
Weighted Average Shares DilutedMM
Slightly Down
Decreasing
Slightly volatile
Total Assets158.6 M159.5 M
Slightly Down
Decreasing
Slightly volatile
Total Liabilities10.2 M10.3 M
Slightly Down
Decreasing
Slightly volatile
Current Assets931.3 K936.8 K
Slightly Down
Decreasing
Slightly volatile
Current Liabilities858.7 K863.7 K
Slightly Down
Decreasing
Slightly volatile
Total Debt3.1 M3.1 M
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets0.160.16
Steady
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Arena Fortify's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Arena Fortify's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Arena Fortify's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Arena Fortify's financial leverage. It provides some insight into what part of Arena Fortify's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Arena Fortify's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Arena Fortify deploys its capital and how much of that capital is borrowed.
Arena Fortify Acquisition (AFAC) is traded on NASDAQ Exchange in USA. It is located in 405 Lexington Avenue . Arena Fortify is listed under Trading category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 216.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Arena Fortify's market, we take the total number of its shares issued and multiply it by Arena Fortify's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Arena Fortify Acquisition conducts business under Financial Services sector and is part of Shell Companies industry. The entity has 17.25 M outstanding shares of which 5.97 K shares are presently shorted by private and institutional investors with about 0.54 trading days to cover. 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.
Check Arena Fortify Probability Of Bankruptcy
Ownership
Arena Fortify holds a total of seventeen million two hundred fifty thousand outstanding shares. The majority of Arena Fortify Acquisition outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Arena Fortify Acquisition to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Arena Fortify. Please pay attention to any change in the institutional holdings of Arena Fortify Acquisition as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Arena Ownership Details

Arena Stock Price Odds Analysis

What are Arena Fortify's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Arena Fortify jumping above the current price in 90 days from now is under 4%. The Arena Fortify Acquisition probability density function shows the probability of Arena Fortify stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Arena Fortify has a beta of 0.0053. This suggests as returns on the market go up, Arena Fortify average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Arena Fortify Acquisition will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Arena Fortify Acquisition is significantly underperforming DOW.
  Odds Below 10.06HorizonTargetOdds Above 10.06
95.52%90 days
 10.06 
3.71%
Based on a normal probability distribution, the odds of Arena Fortify to move above the current price in 90 days from now is under 4 (This Arena Fortify Acquisition probability density function shows the probability of Arena Stock to fall within a particular range of prices over 90 days) .

Arena Fortify Historical Income Statement

Arena Fortify Acquisition Income Statement is one of the three primary financial statements used for reporting Arena's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Arena Fortify Acquisition revenue and expense. Arena Fortify Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Arena Stock Against Markets

Picking the right benchmark for Arena Fortify stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Arena Fortify stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Arena Fortify is critical whether you are bullish or bearish towards Arena Fortify Acquisition at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arena Fortify without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Arena Fortify Acquisition?

You need to understand the risk of investing before taking a position in Arena Fortify. The danger of trading Arena Fortify Acquisition is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Arena Fortify is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Arena Fortify. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Arena Fortify Acquisition is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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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.