Nocturne Acquisition Stock Return On Equity
| MBTCRDelisted Stock | USD 0.13 0.00 0.00% |
Nocturne Acquisition fundamentals help investors to digest information that contributes to Nocturne Acquisition's financial success or failures. It also enables traders to predict the movement of Nocturne Stock. The fundamental analysis module provides a way to measure Nocturne 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 Nocturne Acquisition stock.
Nocturne |
Nocturne Acquisition Company Return On Equity Analysis
Nocturne Acquisition's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Nocturne Acquisition has a Return On Equity 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).
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Nocturne Fundamentals
| Return On Asset | -0.0205 | |||
| Number Of Shares Shorted | 9.2 K | |||
| EBITDA | (2.05 M) | |||
| Net Income | (1.21 M) | |||
| Total Debt | 2.58 M | |||
| Debt To Equity | 4.62 % | |||
| Book Value Per Share | (2.12) X | |||
| Cash Flow From Operations | (1.26 M) | |||
| Beta | -0.045 | |||
| Market Capitalization | 124.5 M | |||
| Total Asset | 21.22 M | |||
| Retained Earnings | (8.54 M) | |||
| Z Score | 28.07 | |||
| Net Asset | 21.22 M |
About Nocturne Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nocturne Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nocturne Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nocturne 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 Nocturne 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 Nocturne 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 Nocturne Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Nocturne Stock
| 0.45 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.33 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Nocturne 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 Nocturne 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 Nocturne 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 Nocturne Acquisition to buy it.
The correlation of Nocturne 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 Nocturne Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nocturne 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 Nocturne 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 Correlation Analysis 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 main economic indicators. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Nocturne Stock
If you are still planning to invest in Nocturne Acquisition 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 Nocturne Acquisition's history and understand the potential risks before investing.
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