Newcourt Competitors

Delisted . USA . 
Stock . Newcourt Acquisition Corp
NCACDelisted Stock  USD 11.00  0.00  0.00%   
Newcourt Acquisition Corp competes with Western Acquisition; as well as few others. The company conducts business under Capital Markets sector and is part of Financials industry. Analyzing Newcourt Acquisition competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Newcourt Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Newcourt Acquisition competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
11.0011.0011.00
Details
Intrinsic
Valuation
LowRealHigh
9.329.3212.10
Details
Naive
Forecast
LowNextHigh
11.0111.0111.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7610.9311.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Newcourt Acquisition. Your research has to be compared to or analyzed against Newcourt Acquisition's peers to derive any actionable benefits. When done correctly, Newcourt Acquisition's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Newcourt Acquisition Corp.

Newcourt Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Newcourt Acquisition and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Newcourt and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Newcourt Acquisition Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
XPAX
+ 0.85
JAQCU
WAVS
+ 0.64
SPCMU
WAVS
+ 0.63
JAQCU
XPAX
+ 0.6
WAVS
XPAX
+ 0.39
SPCMU
JAQCU
+ 0.35
SPCMU
  
High negative correlations   
FLFV
- 0.49
JAQCU
FLFV
- 0.44
XPAX
FLFV
- 0.12
WAVS

Risk-Adjusted Indicators

There is a big difference between Newcourt Stock performing well and Newcourt Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Newcourt Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Newcourt Acquisition Competitive Analysis

The better you understand Newcourt Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Newcourt Acquisition's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Newcourt Acquisition's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NCAC SPCMU JAQCU WAVS XPAX FLFV
 0.00 
 11.00 
Newcourt
 0.00 
 10.66 
Sound
 0.00 
 10.40 
Jupiter
 0.81 
 11.14 
Western
 0.1 
 10.39 
XPAC
 0.00 
 1.72 
Feutune
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Insignificant
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Dangerous
Dangerous
Average
Dangerous
Dangerous
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Not Rated
Not Rated
Strong Sell
Not Rated
Not Rated
Current Ratio
3.05 X
0.10 X
2.19 X
0.01 X
0.21 X
N/A
Net Asset
258.93 M
271.47 M
160.16 M
3.41 M
223 M
54.14 M
EBITDA
(7.05 M)
N/A
(5.25 M)
(961.77 K)
(12.24 M)
(1.25 M)
Current Valuation
43.61 M
344.33 M
61.97 M
38.05 M
287.29 M
17.08 M
Price To Book
0.40 X
N/A
N/A
201.69 X
1.32 X
1.83 X
Retained Earnings
(13.9 M)
(10.85 M)
(5.9 M)
(3.2 M)
(14.94 M)
(6.12 M)
Beta
-0.058
N/A
-0.085
-0.21
N/A
N/A
Number Of Employees
3
4
3
N/A
3
4
Shares Outstanding
8.79 M
N/A
N/A
3.42 M
21.96 M
3.16 M
Cash Flow From Operations
(1.14 M)
N/A
(1.91 M)
(940.73 K)
(523.12 K)
(2.58 M)
Total Debt
90.09 K
10 K
132.6 K
204.22 K
300 K
2.16 M
Return On Equity
N/A
N/A
N/A
-0.29
N/A
N/A
Z Score
N/A
-0.05
-0.16
N/A
N/A
N/A
Return On Asset
-0.0109
-0.0039
-0.0175
-0.15
-0.0127
-0.0127
Number Of Shares Shorted
7.78 K
N/A
200
213
1.46 K
21.68 K
Book Value Per Share
(1.83) X
(0.34) X
(0.81) X
(0.96) X
(0.54) X
(1.28) X
Total Asset
258.93 M
271.47 M
160.16 M
3.41 M
223 M
54.14 M
Short Ratio
9.75 X
N/A
N/A
0.06 X
0.01 X
10.55 X
Debt To Equity
N/A
N/A
8.70 %
5.87 %
6.14 %
N/A
Shares Owned By Institutions
15.82 %
8.85 %
7.92 %
27.08 %
77.93 %
3.83 %
Market Capitalization
42.09 M
N/A
N/A
37.84 M
287 M
14.35 M
Price To Earning
N/A
N/A
76.25 X
N/A
N/A
N/A
Net Income
1.52 M
(20.86 K)
1.19 M
(1.03 M)
1.91 M
1.34 M
Earnings Per Share
0.13 X
N/A
0.13 X
(0.22) X
0.20 X
0.25 X
Shares Owned By Insiders
94.86 %
N/A
19.76 %
71.50 %
9.60 %
0.93 %
Working Capital
(13.07 M)
1.05 M
(248.76 K)
(3.19 M)
(5.08 M)
(2.77 M)
Cash And Equivalents
306.88 K
946.45 K
721.17 K
618.56 K
270.26 K
1.03 M
Cash Per Share
0.01 X
0.03 X
0.04 X
0.04 X
0.01 X
0.08 X
Day Typical Price
11.0
10.66
10.4
11.2
10.39
1.68
Accumulation Distribution
N/A
N/A
N/A
0.0359
0.0019
0.16
Market Facilitation Index
N/A
N/A
N/A
0.41
0.02
0.29
Daily Balance Of Power
0.0
0.0
0.0
0.2195
0.5
N/A
Period Momentum Indicator
N/A
N/A
N/A
0.09
0.01
N/A
Rate Of Daily Change
1.0
1.0
1.0
1.01
1.0
1.0
Day Median Price
11.0
10.66
10.4
11.23
10.39
1.66
Price Action Indicator
N/A
N/A
N/A
(0.04)
0.005
0.065
Coefficient Of Variation
567.55
2806.2
574.17
2382.16
611.41
(497.26)
Mean Deviation
0.1647
0.2237
0.093
1.07
0.0619
3.97
Jensen Alpha
0.0432
0.0387
0.0169
0.1055
0.0104
(1.99)
Total Risk Alpha
0.0047
(0.08)
(0.0007)
(0.18)
(0.01)
(3.18)
Sortino Ratio
N/A
(0.05)
N/A
(0.01)
N/A
N/A
Downside Variance
N/A
2.86
N/A
8.28
N/A
N/A
Standard Deviation
0.3215
0.7641
0.213
1.95
0.1171
9.57
Kurtosis
12.24
29.07
14.65
3.39
9.67
39.98
Potential Upside
0.6542
0.4735
0.3914
3.35
0.1946
0.8264
Treynor Ratio
1.33
(0.08)
0.2644
(0.21)
(0.73)
(3.22)
Maximum Drawdown
2.45
8.48
1.38
12.07
0.6801
78.38
Variance
0.1034
0.5838
0.0454
3.79
0.0137
91.63
Market Risk Adjusted Performance
1.34
(0.07)
0.2744
(0.20)
(0.72)
(3.21)
Risk Adjusted Performance
0.1207
0.0272
0.107
0.0381
0.0696
(0.14)
Skewness
2.54
0.6048
3.19
(0.07)
0.0437
(5.88)
Semi Deviation
N/A
0.5495
N/A
1.54
N/A
N/A
Information Ratio
(0.16)
(0.11)
(0.34)
(0.01)
(0.77)
(0.21)
Value At Risk
(0.45)
(0.38)
N/A
(3.25)
(0.1)
(16.10)
Expected Short fall
N/A
(0.60)
N/A
(2.05)
N/A
N/A
Downside Deviation
N/A
1.69
N/A
2.88
N/A
N/A
Semi Variance
N/A
0.302
N/A
2.38
N/A
N/A

Newcourt Acquisition Competition Performance Charts

Five steps to successful analysis of Newcourt Acquisition Competition

Newcourt Acquisition's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Newcourt Acquisition Corp in relation to its competition. Newcourt Acquisition's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Newcourt Acquisition in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Newcourt Acquisition's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Newcourt Acquisition Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Newcourt Acquisition position

In addition to having Newcourt Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Healthcare
Healthcare Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Newcourt Stock

If you are still planning to invest in Newcourt Acquisition Corp 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 Newcourt Acquisition's history and understand the potential risks before investing.
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