Better World Acquisition Performance
BWACUDelisted Stock | USD 10.02 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Better World are expected to decrease at a much lower rate. During the bear market, Better World is likely to outperform the market. Better World Acquisition right now shows a risk of 0.0%. Please confirm Better World Acquisition jensen alpha and kurtosis , to decide if Better World Acquisition will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Better World Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable fundamental indicators, Better World is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Begin Period Cash Flow | 278.2 K |
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Better World Relative Risk vs. Return Landscape
If you would invest 1,002 in Better World Acquisition on September 12, 2024 and sell it today you would earn a total of 0.00 from holding Better World Acquisition or generate 0.0% return on investment over 90 days. Better World Acquisition is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Better, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Better World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Better World's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Better World Acquisition, and traders can use it to determine the average amount a Better World's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Better World is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Better World by adding Better World to a well-diversified portfolio.
Better World Fundamentals Growth
Better Stock prices reflect investors' perceptions of the future prospects and financial health of Better World, and Better World fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Better Stock performance.
Return On Asset | -0.0193 | |||
Current Valuation | 66.48 M | |||
Price To Earning | 57.36 X | |||
EBITDA | (4.35 M) | |||
Cash And Equivalents | 55.65 K | |||
Total Debt | 901.5 K | |||
Debt To Equity | 1.98 % | |||
Book Value Per Share | (0.78) X | |||
Cash Flow From Operations | (1.33 M) | |||
Earnings Per Share | 0.18 X | |||
Total Asset | 44.74 M | |||
Retained Earnings | (3.75 M) | |||
About Better World Performance
Assessing Better World's fundamental ratios provides investors with valuable insights into Better World's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Better World is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Better World Acquisition Corp. does not have significant operations. Better World Acquisition Corp. was incorporated in 2020 and is based in New York, New York. Better World is traded on NASDAQ Exchange in the United States.Things to note about Better World Acquisition performance evaluation
Checking the ongoing alerts about Better World for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Better World Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Better World is not yet fully synchronised with the market data | |
Better World has a very high chance of going through financial distress in the upcoming years | |
Better World Acquisition has accumulated 901.5 K in total debt with debt to equity ratio (D/E) of 1.98, which is about average as compared to similar companies. Better World Acquisition has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Better World's use of debt, we should always consider it together with its cash and equity. | |
Better World Acquisition has accumulated about 55.65 K in cash with (1.33 M) of positive cash flow from operations. |
- Analyzing Better World's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Better World's stock is overvalued or undervalued compared to its peers.
- Examining Better World's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Better World's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Better World's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Better World's stock. These opinions can provide insight into Better World's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Better Stock
If you are still planning to invest in Better World 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 Better World's history and understand the potential risks before investing.
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