Cal Redwood Acquisition Stock Net Income
| CRAQ Stock | 10.13 0.01 0.1% |
Cal Redwood's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Cal Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Cal Redwood Acquisition Company Net Income Analysis
Cal Redwood'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.
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, Cal Redwood Acquisition reported net income of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The net income for all United States stocks is 100.0% higher than that of the company.
Cal Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cal Redwood's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cal Redwood could also be used in its relative valuation, which is a method of valuing Cal Redwood by comparing valuation metrics of similar companies.Cal Redwood is currently under evaluation in net income category among its peers.
Cal Fundamentals
| Current Valuation | 313.03 M | ||||
| Number Of Shares Shorted | 7.05 K | ||||
| Market Capitalization | 313.73 M |
About Cal Redwood Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cal Redwood Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cal Redwood using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cal Redwood Acquisition 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 Cal Redwood
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 Cal Redwood 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 Cal Redwood will appreciate offsetting losses from the drop in the long position's value.Moving together with Cal Stock
| 0.87 | DMAA | Drugs Made In | PairCorr |
| 0.8 | VACH | Voyager Acquisition Corp | PairCorr |
| 0.86 | DRDB | Roman DBDR Acquisition | PairCorr |
Moving against Cal Stock
| 0.7 | ETHM | Dynamix Symbol Change | PairCorr |
| 0.55 | BRR | Columbus Circle Capital Symbol Change | PairCorr |
| 0.31 | WLAC | Willow Lane Acquisition | PairCorr |
The ability to find closely correlated positions to Cal Redwood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cal Redwood 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 Cal Redwood - 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 Cal Redwood Acquisition to buy it.
The correlation of Cal Redwood 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 Cal Redwood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cal Redwood Acquisition 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 Cal Redwood 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.Additional Tools for Cal Stock Analysis
When running Cal Redwood's price analysis, check to measure Cal Redwood'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 Cal Redwood is operating at the current time. Most of Cal Redwood's value examination focuses on studying past and present price action to predict the probability of Cal Redwood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Redwood's price. Additionally, you may evaluate how the addition of Cal Redwood to your portfolios can decrease your overall portfolio volatility.