Agba Acquisition Stock Today
| AGBA Stock | USD 1.25 0.22 21.36% |
Performance10 of 100
| Odds Of DistressOver 91
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AGBA Acquisition is trading at 1.25 as of the 19th of April 2024, a 21.36 percent up since the beginning of the trading day. The stock's open price was 1.03. AGBA Acquisition has a very high chance of experiencing financial distress in the next few years of operation. However, it had a very ok returns during the last 90 days. Equity ratings for AGBA Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of December 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 31st of July 2019 | Classification Financials |
AGBA Acquisition Limited does not have significant operations. The company was incorporated in 2018 and is based in Tsim Sha Tsui, Hong Kong. Agba Acquisition is traded on NASDAQ Exchange in the United States. The company has 74.39 M outstanding shares of which 97.24 K shares are presently shorted by private and institutional investors with about 0.46 trading days to cover. More on AGBA Acquisition
AGBA 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. AGBA Acquisition's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AGBA Acquisition or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive Chairman | Robert Diamond | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of AGBA Acquisition's profitability, liquidity, and operating efficiency, AGBA Acquisition is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of AGBA Acquisition is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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AGBA Acquisition's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AGBA Acquisition'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 AGBA Acquisition's financial leverage. It provides some insight into what part of AGBA Acquisition's total assets is financed by creditors.
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AGBA Acquisition (AGBA) is traded on NASDAQ Exchange in USA. It is located in AGBA Tower, Wan Chai, Hong Kong and employs 176 people. AGBA Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 76.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AGBA Acquisition's market, we take the total number of its shares issued and multiply it by AGBA Acquisition'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 those looking for more risk prefer small-cap and mid-cap equities. AGBA Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 74.39 M outstanding shares of which 97.24 K shares are presently shorted by private and institutional investors with about 0.46 trading days to cover.
AGBA Acquisition currently holds about 85.62 K in cash with (42.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check AGBA Acquisition Probability Of Bankruptcy
Ownership AllocationAGBA Acquisition shows a total of 74.39 Million outstanding shares. AGBA Acquisition owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.28 % of AGBA Acquisition outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check AGBA Ownership Details
AGBA Stock Price Odds Analysis
What are AGBA Acquisition's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AGBA Acquisition jumping above the current price in 90 days from now is near 1%. The AGBA Acquisition probability density function shows the probability of AGBA Acquisition stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AGBA Acquisition has a beta of -1.9554. This suggests as returns on its benchmark rise, returns on holding AGBA Acquisition are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, AGBA Acquisition is expected to outperform its benchmark. In addition to that, aGBA Acquisition has an alpha of 2.7745, implying that it can generate a 2.77 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of AGBA Acquisition to move above the current price in 90 days from now is near 1 (This AGBA Acquisition probability density function shows the probability of AGBA Stock to fall within a particular range of prices over 90 days) .
AGBA Stock Institutional Holders
Institutional Holdings refers to the ownership stake in AGBA Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AGBA Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AGBA Acquisition's value.| Instituion | Recorded On | Shares | |
| Rivernorth Capital Management, Llc | 2023-03-31 | 0.0 |
AGBA Acquisition Historical Income Statement
AGBA Acquisition Income Statement is one of the three primary financial statements used for reporting AGBA's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AGBA Acquisition revenue and expense. AGBA Acquisition Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, AGBA Acquisition's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 58.5 M, whereas Interest Expense is forecasted to decline to about 745.3 K. View More FundamentalsAGBA Stock Against Markets
Picking the right benchmark for AGBA Acquisition 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 AGBA Acquisition 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 AGBA Acquisition is critical whether you are bullish or bearish towards AGBA Acquisition at a given time. Please also check how AGBA Acquisition's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in AGBA Acquisition without increasing your portfolio risk or giving up the 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.Did you try this?
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AGBA Acquisition Corporate Management
Elected by the shareholders, the AGBA Acquisition's board of directors comprises two types of representatives: AGBA Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AGBA. The board's role is to monitor AGBA Acquisition's management team and ensure that shareholders' interests are well served. AGBA Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AGBA Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gordon Lee | Chief Officer | Profile | |
| Wing Ng | Deputy Chairman | Profile | |
| Pei Shu | Acting Development | Profile | |
| Jeroen Nieuwkoop | Chief Officer | Profile | |
| Jin Lee | Ex Chairman | Profile | |
| Richard Kong | Deputy Secretary | Profile |
How to buy AGBA Stock?
Before investing in AGBA Acquisition, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AGBA Acquisition. To buy AGBA Acquisition stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AGBA Acquisition. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AGBA Acquisition stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AGBA Acquisition stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AGBA Acquisition stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AGBA Acquisition, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AGBA Stock please use our How to Invest in AGBA Acquisition guide.
Already Invested in AGBA Acquisition?
The danger of trading AGBA 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 AGBA Acquisition 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 AGBA Acquisition. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AGBA 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.
When determining whether AGBA Acquisition offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGBA Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agba Acquisition Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agba Acquisition Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGBA Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade AGBA Stock refer to our How to Trade AGBA Stock guide.Note that the AGBA Acquisition information on this page should be used as a complementary analysis to other AGBA Acquisition'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for AGBA Stock analysis
When running AGBA Acquisition's price analysis, check to measure AGBA Acquisition'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 AGBA Acquisition is operating at the current time. Most of AGBA Acquisition's value examination focuses on studying past and present price action to predict the probability of AGBA Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGBA Acquisition's price. Additionally, you may evaluate how the addition of AGBA Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is AGBA Acquisition'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 AGBA Acquisition. If investors know AGBA 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 AGBA Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 0.83 | Quarterly Revenue Growth 0.074 | Return On Assets (0.32) | Return On Equity (2.79) |
The market value of AGBA Acquisition is measured differently than its book value, which is the value of AGBA that is recorded on the company's balance sheet. Investors also form their own opinion of AGBA Acquisition's value that differs from its market value or its book value, called intrinsic value, which is AGBA Acquisition'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 AGBA Acquisition's market value can be influenced by many factors that don't directly affect AGBA Acquisition'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 AGBA Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGBA Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGBA Acquisition'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.