Prime Number Acquisition Stock Fundamentals
| PNACRDelisted Stock | USD 0.26 0.03 13.04% |
Prime Number Acquisition fundamentals help investors to digest information that contributes to Prime Number's financial success or failures. It also enables traders to predict the movement of Prime Stock. The fundamental analysis module provides a way to measure Prime Number'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 Prime Number stock.
Prime |
Prime Number Acquisition Company Number Of Shares Shorted Analysis
Prime Number's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Prime Number Number Of Shares Shorted | 40 |
Most of Prime Number's fundamental indicators, such as Number Of Shares Shorted, 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, Prime Number Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
CompetitionBased on the recorded statements, Prime Number Acquisition has 40.0 of outstending shares currently sold short by investors. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The number of shares shorted for all United States stocks is notably lower than that of the firm.
Prime Number Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Number's current stock value. Our valuation model uses many indicators to compare Prime Number value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Number competition to find correlations between indicators driving Prime Number's intrinsic value. More Info.Prime Number Acquisition is considered to be number one stock in number of shares shorted category among its peers. It also is considered to be number one stock in book value per share category among its peers . The ratio of Number Of Shares Shorted to Book Value Per Share for Prime Number Acquisition is about 4,444 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Prime Number by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Prime Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prime Number's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prime Number could also be used in its relative valuation, which is a method of valuing Prime Number by comparing valuation metrics of similar companies.Prime Number is currently under evaluation in number of shares shorted category among its peers.
Prime Fundamentals
| Number Of Shares Shorted | 40 | |||
| Book Value Per Share | 0.01 X | |||
| Total Asset | 67.12 M | |||
| Retained Earnings | (2.14 M) | |||
| Z Score | -0.04 | |||
| Net Asset | 67.12 M |
About Prime Number Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prime Number Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Number using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Number 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 Prime Number
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 Prime Number 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 Prime Number will appreciate offsetting losses from the drop in the long position's value.Moving against Prime Stock
The ability to find closely correlated positions to Prime Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Number 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 Prime Number - 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 Prime Number Acquisition to buy it.
The correlation of Prime Number 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 Prime Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Number 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 Prime Number 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 Your Equity Center 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Prime Stock
If you are still planning to invest in Prime Number 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 Prime Number's history and understand the potential risks before investing.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |