Byte Acquisition Corp Stock Current Valuation
BYTSWDelisted Stock | USD 0.21 0.01 5.00% |
Valuation analysis of BYTE Acquisition Corp helps investors to measure BYTE Acquisition's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that BYTE Acquisition's price fluctuation is very steady at this time. Calculation of the real value of BYTE Acquisition Corp is based on 3 months time horizon. Increasing BYTE Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the BYTE stock is determined by what a typical buyer is willing to pay for full or partial control of BYTE Acquisition Corp. Since BYTE Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BYTE Stock. However, BYTE Acquisition's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 0.21 | Real 0.15 | Hype 0.21 | Naive 0.2 |
The intrinsic value of BYTE Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence BYTE Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of BYTE Acquisition Corp helps investors to forecast how BYTE stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of BYTE Acquisition more accurately as focusing exclusively on BYTE Acquisition's fundamentals will not take into account other important factors: BYTE Acquisition Corp Company Current Valuation Analysis
BYTE Acquisition's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, BYTE Acquisition Corp has a Current Valuation of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
BYTE Acquisition Corp is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 0.0. BYTE Acquisition adds roughly 0.0 in current valuation claiming only tiny portion of equities under Financials industry.BYTE Fundamentals
Return On Asset | -0.0137 | |||
Number Of Shares Shorted | 1.35 K | |||
EBITDA | (13.42 M) | |||
Net Income | 10.63 M | |||
Cash Flow From Operations | (608.52 K) | |||
Market Capitalization | 391.26 M | |||
Total Asset | 329.41 M | |||
Retained Earnings | (11.81 M) | |||
Working Capital | 753.84 K | |||
Z Score | -0.18 | |||
Net Asset | 329.41 M |
About BYTE Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BYTE Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BYTE Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BYTE 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 state. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE 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 BYTE Acquisition's history and understand the potential risks before investing.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |