Concord Acquisition Corp Etf Five Year Return
Concord Acquisition Corp fundamentals help investors to digest information that contributes to Concord Acquisition's financial success or failures. It also enables traders to predict the movement of Concord Etf. The fundamental analysis module provides a way to measure Concord 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 Concord Acquisition etf.
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Concord Acquisition Corp ETF Five Year Return Analysis
Concord Acquisition's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Concord Acquisition Five Year Return | (2.48) % |
Most of Concord Acquisition's fundamental indicators, such as Five Year Return, 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, Concord Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
CompetitionAccording to the company disclosure, Concord Acquisition Corp has a Five Year Return of -2.48%. This is much lower than that of the Capital Markets family and significantly lower than that of the Financials category. The five year return for all United States etfs is notably higher than that of the company.
Concord Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concord Acquisition's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Concord Acquisition could also be used in its relative valuation, which is a method of valuing Concord Acquisition by comparing valuation metrics of similar companies.Concord Acquisition is currently under evaluation in five year return as compared to similar ETFs.
Fund Asset Allocation for Concord Acquisition
The fund invests 99.72% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Concord Acquisition's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Concord Fundamentals
| Return On Asset | -0.0104 | ||||
| Current Valuation | 95.82 M | ||||
| Shares Outstanding | 2.2 M | ||||
| Shares Owned By Institutions | 73.20 % | ||||
| Number Of Shares Shorted | 5.18 K | ||||
| Price To Earning | 25.28 X | ||||
| Price To Book | 7.08 X | ||||
| EBITDA | (2.31 M) | ||||
| Net Income | 6.96 M | ||||
| Cash And Equivalents | 1.11 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 8.58 M | ||||
| Debt To Equity | 3.06 % | ||||
| Current Ratio | 10.23 X | ||||
| Book Value Per Share | (1.08) X | ||||
| Cash Flow From Operations | (3.68 M) | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | 0.16 X | ||||
| Beta | 0.016 | ||||
| Market Capitalization | 99.78 M | ||||
| Total Asset | 154.31 M | ||||
| Retained Earnings | (8.21 M) | ||||
| Working Capital | (2.14 M) | ||||
| One Year Return | 4.67 % | ||||
| Three Year Return | 1.77 % | ||||
| Five Year Return | (2.48) % | ||||
| Net Asset | 154.31 M | ||||
| Equity Positions Weight | 99.72 % |
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 etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Concord Etf
If you are still planning to invest in Concord 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 Concord Acquisition's history and understand the potential risks before investing.
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