Haymaker Acquisition Corp Stock Buy Hold or Sell Recommendation
| HYAC Stock | USD 10.75 0.02 0.19% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Haymaker Acquisition Corp is 'Strong Sell'. Macroaxis provides Haymaker Acquisition buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HYAC positions.
Check out Haymaker Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Haymaker and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Haymaker Acquisition Corp. 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.
Haymaker |
Execute Haymaker Acquisition Buy or Sell Advice
The Haymaker recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Haymaker Acquisition Corp. Macroaxis does not own or have any residual interests in Haymaker Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Haymaker Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Haymaker Acquisition Trading Alerts and Improvement Suggestions
| Haymaker Acquisition has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Haymaker Acquisition Corp currently holds 8.83 M in liabilities with Debt to Equity (D/E) ratio of 750.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Haymaker Acquisition Corp has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Haymaker Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| Haymaker Acquisition Corp currently holds about 130.36 K in cash with (805.21 K) of positive cash flow from operations. | |
| Haymaker Acquisition has a poor financial position based on the latest SEC disclosures | |
| Over 79.0% of Haymaker Acquisition shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Fort Baker Capital Management LP Acquires New Stake in Haymaker Acquisition Corp 4 |
Haymaker Acquisition Returns Distribution Density
The distribution of Haymaker Acquisition's historical returns is an attempt to chart the uncertainty of Haymaker Acquisition's future price movements. The chart of the probability distribution of Haymaker Acquisition daily returns describes the distribution of returns around its average expected value. We use Haymaker Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Haymaker Acquisition returns is essential to provide solid investment advice for Haymaker Acquisition.
| Mean Return | 0.02 | Value At Risk | -0.46 | Potential Upside | 0.56 | Standard Deviation | 0.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Haymaker Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Haymaker Acquisition Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (902.4K) | 816.9K | (686.6K) | 202.8K | 182.6K | 178.6K | |
| Total Cash From Operating Activities | (902.4K) | (646.0K) | (1.4M) | (805.2K) | (724.7K) | (760.9K) | |
| Net Income | 397.0K | 3.0M | 11.1M | 4.7M | 5.4M | 4.3M |
Haymaker Acquisition Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Haymaker Acquisition or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Haymaker Acquisition's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Haymaker stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.40 | |
Ir | Information ratio | -0.3 |
Haymaker Acquisition Volatility Alert
Haymaker Acquisition Corp exhibits relatively low volatility with skewness of -0.81 and kurtosis of 10.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Haymaker Acquisition's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Haymaker Acquisition's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Haymaker Acquisition Fundamentals Vs Peers
Comparing Haymaker Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Haymaker Acquisition's direct or indirect competition across all of the common fundamentals between Haymaker Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Haymaker Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Haymaker Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Haymaker Acquisition by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Haymaker Acquisition to competition |
| Fundamentals | Haymaker Acquisition | Peer Average |
| Current Valuation | 317.75 M | 16.62 B |
| Shares Outstanding | 23.8 M | 571.82 M |
| Shares Owned By Insiders | 3.35 % | 10.09 % |
| Shares Owned By Institutions | 79.18 % | 39.21 % |
| Number Of Shares Shorted | 346.1 K | 4.71 M |
| Price To Earning | (325.33) X | 28.72 X |
| Price To Book | 1.35 X | 9.51 X |
| Price To Sales | 10.69 X | 11.42 X |
| EBITDA | 4.7 M | 3.9 B |
| Net Income | 4.7 M | 570.98 M |
| Cash And Equivalents | 130.36 K | 2.7 B |
| Total Debt | 8.83 M | 5.32 B |
| Debt To Equity | 750.70 % | 48.70 % |
| Current Ratio | 0.20 X | 2.16 X |
| Book Value Per Share | (0.28) X | 1.93 K |
| Cash Flow From Operations | (805.21 K) | 971.22 M |
| Short Ratio | 0.61 X | 4.00 X |
| Earnings Per Share | 0.41 X | 3.12 X |
| Target Price | 14.0 | |
| Market Capitalization | 317.61 M | 19.03 B |
| Total Asset | 238.1 M | 29.47 B |
| Retained Earnings | (8.22 M) | 9.33 B |
| Working Capital | 286.63 K | 1.48 B |
| Current Asset | 905.32 K | 9.34 B |
| Current Liabilities | 807.84 K | 7.9 B |
| Net Asset | 238.1 M |
Note: Discretionary transaction by Andrew Heyer of 8625000 shares of Haymaker Acquisition subject to Rule 16b-3 [view details]
Haymaker Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Haymaker . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.75 | |||
| Day Typical Price | 10.75 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 53.41 |
About Haymaker Acquisition Buy or Sell Advice
When is the right time to buy or sell Haymaker Acquisition Corp? Buying financial instruments such as Haymaker Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Haymaker Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Multi-Sector Holdings space 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 Haymaker Acquisition. If investors know Haymaker 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 Haymaker 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 0.406 |
The market value of Haymaker Acquisition Corp is measured differently than its book value, which is the value of Haymaker that is recorded on the company's balance sheet. Investors also form their own opinion of Haymaker Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Haymaker 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 Haymaker Acquisition's market value can be influenced by many factors that don't directly affect Haymaker 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 Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haymaker 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.