Ignyte Acquisition Corp Buy Hold or Sell Recommendation
| PKBODelisted Stock | USD 1.31 0.09 6.43% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Ignyte Acquisition Corp is 'Not Rated'. The recommendation algorithm takes into account all of Ignyte Acquisition's available fundamental, technical, and predictive indicators you will find on this site.
Check out Your Equity Center 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 bureau of labor statistics. In addition, we conduct extensive research on individual companies such as Ignyte and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ignyte 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 bureau of labor statistics.
Ignyte |
Execute Ignyte Acquisition Buy or Sell Advice
The Ignyte recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ignyte Acquisition Corp. Macroaxis does not own or have any residual interests in Ignyte Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ignyte Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Ignyte Acquisition Trading Alerts and Improvement Suggestions
| Ignyte Acquisition is not yet fully synchronised with the market data | |
| Ignyte Acquisition may become a speculative penny stock | |
| Ignyte Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Ignyte Acquisition Corp currently holds 6.22 M in liabilities. Ignyte Acquisition Corp has a current ratio of 0.18, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ignyte Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, Ignyte Acquisition'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 Ignyte Acquisition Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ignyte to invest in growth at high rates of return. When we think about Ignyte Acquisition's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 377.14 K. Net Loss for the year was (8.29 M) with loss before overhead, payroll, taxes, and interest of (6.6 M). | |
| Ignyte Acquisition Corp currently holds about 147.56 K in cash with (8.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
Ignyte Acquisition Returns Distribution Density
The distribution of Ignyte Acquisition's historical returns is an attempt to chart the uncertainty of Ignyte Acquisition's future price movements. The chart of the probability distribution of Ignyte Acquisition daily returns describes the distribution of returns around its average expected value. We use Ignyte Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ignyte Acquisition returns is essential to provide solid investment advice for Ignyte Acquisition.
| Mean Return | -1.51 | Value At Risk | -20.47 | Potential Upside | 22.86 | Standard Deviation | 10.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ignyte 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.
Ignyte Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ignyte . 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.
About Ignyte Acquisition Buy or Sell Advice
When is the right time to buy or sell Ignyte Acquisition Corp? Buying financial instruments such as Ignyte Pink Sheet 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.
Please read more on our stock advisor page.
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In addition to having Ignyte 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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Check out Your Equity Center 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 bureau of labor statistics. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Ignyte Pink Sheet
If you are still planning to invest in Ignyte 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 Ignyte Acquisition's history and understand the potential risks before investing.
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