Newcourt Acquisition Corp Performance
| NCACDelisted Stock | USD 11.00 0.00 0.00% |
The company secures a Beta (Market Risk) of -0.0198, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Newcourt Acquisition are expected to decrease at a much lower rate. During the bear market, Newcourt Acquisition is likely to outperform the market. Newcourt Acquisition Corp right now secures a risk of 0.0%. Please verify Newcourt Acquisition Corp coefficient of variation, jensen alpha, skewness, as well as the relationship between the variance and value at risk , to decide if Newcourt Acquisition Corp will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Newcourt Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Newcourt Acquisition is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 214.9 K |
Newcourt |
Newcourt Acquisition Relative Risk vs. Return Landscape
If you would invest 1,100 in Newcourt Acquisition Corp on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Newcourt Acquisition Corp or generate 0.0% return on investment over 90 days. Newcourt Acquisition Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Newcourt, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Newcourt Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newcourt Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newcourt Acquisition Corp, and traders can use it to determine the average amount a Newcourt Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Newcourt Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newcourt Acquisition by adding Newcourt Acquisition to a well-diversified portfolio.
Newcourt Acquisition Fundamentals Growth
Newcourt Stock prices reflect investors' perceptions of the future prospects and financial health of Newcourt Acquisition, and Newcourt Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newcourt Stock performance.
| Return On Asset | -0.0109 | |||
| Current Valuation | 43.61 M | |||
| Shares Outstanding | 8.79 M | |||
| Price To Book | 0.40 X | |||
| EBITDA | (7.05 M) | |||
| Cash And Equivalents | 306.88 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 90.09 K | |||
| Book Value Per Share | (1.83) X | |||
| Cash Flow From Operations | (1.14 M) | |||
| Earnings Per Share | 0.13 X | |||
| Total Asset | 258.93 M | |||
| Retained Earnings | (13.9 M) | |||
About Newcourt Acquisition Performance
By analyzing Newcourt Acquisition's fundamental ratios, stakeholders can gain valuable insights into Newcourt Acquisition's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Newcourt Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Newcourt Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Newcourt Acquisition Corp does not have significant operations. The company was incorporated in 2021 and is based in Oakland, California. Newcourt Acquisition is traded on NASDAQ Exchange in the United States.Things to note about Newcourt Acquisition Corp performance evaluation
Checking the ongoing alerts about Newcourt Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newcourt Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newcourt Acquisition is not yet fully synchronised with the market data | |
| Newcourt Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Newcourt Acquisition Corp currently holds about 306.88 K in cash with (1.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 95.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Newcourt Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Newcourt Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Newcourt Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Newcourt Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newcourt Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newcourt Acquisition's stock. These opinions can provide insight into Newcourt Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
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 nation. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Newcourt Stock
If you are still planning to invest in Newcourt 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 Newcourt Acquisition's history and understand the potential risks before investing.
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