Belong Acquisition Cash Per Share vs. Cash Flow From Operations
| BLNGUDelisted Stock | USD 10.26 0.00 0.00% |
For Belong Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Belong Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Belong Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Belong Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Belong Acquisition Corp over time as well as its relative position and ranking within its peers.
Belong |
Belong Acquisition Corp Cash Flow From Operations vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Belong Acquisition's current stock value. Our valuation model uses many indicators to compare Belong Acquisition value to that of its competitors to determine the firm's financial worth. Belong Acquisition Corp is number one stock in cash per share category among its peers. It also is number one stock in cash flow from operations category among its peers making about 184,140,440 of Cash Flow From Operations per Cash Per Share. Comparative valuation analysis is a catch-all technique that is used if you cannot value Belong Acquisition 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.Belong Cash Flow From Operations vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Belong Acquisition |
| = | 0.05 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Belong Acquisition |
| = | 9.21 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Belong Cash Flow From Operations Comparison
Belong Acquisition is currently under evaluation in cash flow from operations category among its peers.
Belong Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Belong Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Belong Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Belong Acquisition's change in net profit over the period of time. It can combine multiple indicators of Belong Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Belong Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Brookline, Massachusetts. Belong Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Belong Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Belong Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Belong Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Belong Acquisition's important profitability drivers and their relationship over time.
Use Belong Acquisition in pair-trading
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 Belong 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 Belong Acquisition will appreciate offsetting losses from the drop in the long position's value.Belong Acquisition Pair Trading
Belong Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Belong 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 Belong 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 Belong 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 Belong Acquisition Corp to buy it.
The correlation of Belong 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 Belong Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belong Acquisition Corp 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 Belong 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.Use Investing Themes to Complement your Belong Acquisition position
In addition to having Belong Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Semiconductor Thematic Idea Now
Semiconductor
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Semiconductor Theme or any other thematic opportunities.
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Check out Trending Equities 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 price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Belong Stock
If you are still planning to invest in Belong 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 Belong Acquisition's history and understand the potential risks before investing.
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