Bynordic Acquisition Corp Stock Net Income
| BYNO Stock | USD 12.49 0.34 2.80% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Bynordic Acquisition's long-term financial health and intrinsic value.
Bynordic |
Bynordic Acquisition Corp Company Net Income Analysis
Bynordic Acquisition's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Bynordic Acquisition Net Income | 3.41 M |
Most of Bynordic Acquisition's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bynordic Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Bynordic Acquisition Corp reported net income of 3.41 M. This is 99.73% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 99.4% higher than that of the company.
Bynordic Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bynordic Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Bynordic Acquisition could also be used in its relative valuation, which is a method of valuing Bynordic Acquisition by comparing valuation metrics of similar companies.Bynordic Acquisition is currently under evaluation in net income category among its peers.
Bynordic Fundamentals
| Return On Asset | -0.0278 | |||
| Current Valuation | 89.83 M | |||
| Shares Outstanding | 3.95 M | |||
| Shares Owned By Insiders | 23.81 % | |||
| Shares Owned By Institutions | 26.32 % | |||
| Number Of Shares Shorted | 9.28 K | |||
| Price To Book | 4.01 X | |||
| EBITDA | 6.05 M | |||
| Net Income | 3.41 M | |||
| Cash And Equivalents | 1.05 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 4.93 M | |||
| Current Ratio | 4.20 X | |||
| Book Value Per Share | (1.63) X | |||
| Cash Flow From Operations | (3.29 M) | |||
| Short Ratio | 4.01 X | |||
| Earnings Per Share | 0.02 X | |||
| Beta | -0.001 | |||
| Market Capitalization | 87.45 M | |||
| Total Asset | 41.86 M | |||
| Retained Earnings | (10.44 M) | |||
| Working Capital | (4.32 M) | |||
| Net Asset | 41.86 M |
About Bynordic Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bynordic Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bynordic Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bynordic Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bynordic Acquisition
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 Bynordic Acquisition 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 Bynordic Acquisition will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bynordic Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bynordic Acquisition 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 Bynordic Acquisition - 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 Bynordic Acquisition Corp to buy it.
The correlation of Bynordic Acquisition 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 Bynordic Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bynordic Acquisition Corp 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 Bynordic Acquisition 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.Other Information on Investing in Bynordic Pink Sheet
Bynordic Acquisition financial ratios help investors to determine whether Bynordic Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bynordic with respect to the benefits of owning Bynordic Acquisition security.