Cayson Acquisition Corp Stock Price To Earning
| CAPN Stock | 9.98 0.01 0.10% |
Cayson Acquisition Corp fundamentals help investors to digest information that contributes to Cayson Acquisition's financial success or failures. It also enables traders to predict the movement of Cayson Stock. The fundamental analysis module provides a way to measure Cayson Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cayson Acquisition stock.
Cayson |
Cayson Acquisition Corp Company Price To Earning Analysis
Cayson Acquisition's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Cayson Acquisition Price To Earning | (0.69) X |
Most of Cayson Acquisition's fundamental indicators, such as Price To Earning, 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, Cayson Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Cayson Acquisition Corp has a Price To Earning of -0.69 times. This is 103.49% lower than that of the Industrials sector and significantly lower than that of the Medical Equipment industry. The price to earning for all United States stocks is 102.4% higher than that of the company.
Cayson Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cayson Acquisition's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cayson Acquisition could also be used in its relative valuation, which is a method of valuing Cayson Acquisition by comparing valuation metrics of similar companies.Cayson Acquisition is currently under evaluation in price to earning category among its peers.
Cayson Fundamentals
| Price To Earning | (0.69) X | ||||
| Net Income | (15.91 M) | ||||
| Cash And Equivalents | 5.53 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 101.53 K | ||||
| Debt To Equity | 1.55 % | ||||
| Current Ratio | 3.66 X | ||||
| Cash Flow From Operations | (10.3 M) | ||||
| Earnings Per Share | (1.01) X | ||||
| Number Of Employees | 29 | ||||
| Market Capitalization | 33.31 M | ||||
| Total Asset | 8.2 M | ||||
| Retained Earnings | (86.25 M) | ||||
| Working Capital | 3.21 M | ||||
| Current Asset | 6.4 M | ||||
| Current Liabilities | 3.19 M |
About Cayson Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cayson Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cayson Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cayson 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 Cayson 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 Cayson 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 Cayson Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Cayson Stock
The ability to find closely correlated positions to Cayson 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 Cayson 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 Cayson 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 Cayson Acquisition Corp to buy it.
The correlation of Cayson 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 Cayson Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cayson 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 Cayson 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.Check out Cayson Acquisition Piotroski F Score and Cayson Acquisition Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cayson Acquisition. If investors know Cayson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cayson Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cayson Acquisition Corp is measured differently than its book value, which is the value of Cayson that is recorded on the company's balance sheet. Investors also form their own opinion of Cayson Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cayson Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cayson Acquisition's market value can be influenced by many factors that don't directly affect Cayson Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cayson Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cayson Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cayson Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.