Latamgrowth Spac Stock Performance
| LATG Stock | USD 11.68 0.01 0.09% |
LatAmGrowth SPAC has a performance score of 23 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0119, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LatAmGrowth SPAC are expected to decrease at a much lower rate. During the bear market, LatAmGrowth SPAC is likely to outperform the market. LatAmGrowth SPAC right now secures a risk of 0.0788%. Please verify LatAmGrowth SPAC total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if LatAmGrowth SPAC will be following its current price movements.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in LatAmGrowth SPAC are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, LatAmGrowth SPAC is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return (0.34) | Five Day Return 0.0848 | Year To Date Return 5.89 | Ten Year Return 17.62 | All Time Return 17.62 |
1 | Disposition of 1058127 shares by Chenghe Investment I Ltd of LatAmGrowth SPAC subject to Rule 16b-3 | 10/01/2024 |
2 | Chenghe Acquisition I extends merger deadline, shareholders approve - Investing.com | 10/29/2024 |
3 | Meteora Capital, LLC Expands Stake in Chenghe Acquisition I Co | 11/15/2024 |
| Begin Period Cash Flow | 1.1 M |
LatAmGrowth |
LatAmGrowth SPAC Relative Risk vs. Return Landscape
If you would invest 1,150 in LatAmGrowth SPAC on August 26, 2024 and sell it today you would earn a total of 18.00 from holding LatAmGrowth SPAC or generate 1.57% return on investment over 90 days. LatAmGrowth SPAC is currently generating 0.0239% in daily expected returns and assumes 0.0788% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than LatAmGrowth, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
LatAmGrowth SPAC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for LatAmGrowth SPAC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as LatAmGrowth SPAC, and traders can use it to determine the average amount a LatAmGrowth SPAC'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 = 0.3037
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| LATG |
Based on monthly moving average LatAmGrowth SPAC is performing at about 23% of its full potential. 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 LatAmGrowth SPAC by adding it to a well-diversified portfolio.
LatAmGrowth SPAC Fundamentals Growth
LatAmGrowth Stock prices reflect investors' perceptions of the future prospects and financial health of LatAmGrowth SPAC, and LatAmGrowth SPAC 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 LatAmGrowth Stock performance.
| Return On Asset | -0.0297 | ||||
| Current Valuation | 80.74 M | ||||
| Shares Outstanding | 4.59 M | ||||
| Price To Book | 1.94 X | ||||
| EBITDA | 2.57 M | ||||
| Net Income | 425.91 K | ||||
| Cash And Equivalents | 1.41 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 404.17 K | ||||
| Book Value Per Share | (0.31) X | ||||
| Cash Flow From Operations | (747.38 K) | ||||
| Earnings Per Share | (0.36) X | ||||
| Market Capitalization | 79.24 M | ||||
| Total Asset | 43.61 M | ||||
| Retained Earnings | (4.22 M) | ||||
| Working Capital | (2.12 M) | ||||
About LatAmGrowth SPAC Performance
By analyzing LatAmGrowth SPAC's fundamental ratios, stakeholders can gain valuable insights into LatAmGrowth SPAC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LatAmGrowth SPAC has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if LatAmGrowth SPAC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.01 | 0.01 |
Things to note about LatAmGrowth SPAC performance evaluation
Checking the ongoing alerts about LatAmGrowth SPAC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for LatAmGrowth SPAC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| LatAmGrowth SPAC currently holds about 1.41 M in cash with (747.38 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| LatAmGrowth SPAC has a frail financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Meteora Capital, LLC Expands Stake in Chenghe Acquisition I Co |
- Analyzing LatAmGrowth SPAC'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 LatAmGrowth SPAC's stock is overvalued or undervalued compared to its peers.
- Examining LatAmGrowth SPAC'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 LatAmGrowth SPAC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of LatAmGrowth SPAC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of LatAmGrowth SPAC's stock. These opinions can provide insight into LatAmGrowth SPAC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for LatAmGrowth Stock analysis
When running LatAmGrowth SPAC's price analysis, check to measure LatAmGrowth SPAC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LatAmGrowth SPAC is operating at the current time. Most of LatAmGrowth SPAC's value examination focuses on studying past and present price action to predict the probability of LatAmGrowth SPAC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LatAmGrowth SPAC's price. Additionally, you may evaluate how the addition of LatAmGrowth SPAC to your portfolios can decrease your overall portfolio volatility.
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