Dongfeng Wang - Prime Number CEO Chairman

PNACRDelisted Stock  USD 0.26  0.03  13.04%   

Insider

Dongfeng Wang is CEO Chairman of Prime Number Acquisition
Age 47
Phone347-329-1575
Prime Number Acquisition (PNACR) is traded on NASDAQ Exchange in USA and employs 4 people.

Prime Number Acquisition Leadership Team

Elected by the shareholders, the Prime Number's board of directors comprises two types of representatives: Prime Number inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prime. The board's role is to monitor Prime Number's management team and ensure that shareholders' interests are well served. Prime Number'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, Prime Number's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dongfeng Wang, CEO Chairman
David Friedman, CFO Director
Weixiong Cheong, Chief Officer
Sarah Gu, Sec

Prime Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Prime Number a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Prime Number

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Prime Number position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Prime Number will appreciate offsetting losses from the drop in the long position's value.

Moving against Prime Stock

  0.41PIFMF PT Indofood SuksesPairCorr
  0.38TLK Telkom Indonesia TbkPairCorr
  0.38PTAIY Astra International TbkPairCorr
  0.31GOEVW Canoo HoldingsPairCorr
The ability to find closely correlated positions to Prime Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Number when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prime Number - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prime Number Acquisition to buy it.
The correlation of Prime Number is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Prime Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Number Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Prime Number can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 main economic indicators.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Consideration for investing in Prime Stock

If you are still planning to invest in Prime Number Acquisition 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 Prime Number's history and understand the potential risks before investing.
Stocks Directory
Find actively traded stocks across global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Transaction History
View history of all your transactions and understand their impact on performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm