Chenghe Acquisition Earnings Per Share vs. Cash And Equivalents
| CHEADelisted Stock | USD 10.82 0.02 0.18% |
For Chenghe Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chenghe Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chenghe Acquisition Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chenghe Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chenghe Acquisition Co over time as well as its relative position and ranking within its peers.
Chenghe |
Chenghe Acquisition Cash And Equivalents vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Chenghe Acquisition's current stock value. Our valuation model uses many indicators to compare Chenghe Acquisition value to that of its competitors to determine the firm's financial worth. Chenghe Acquisition Co is rated second in earnings per share category among its peers. It is rated fourth in cash and equivalents category among its peers creating about 3,698,421 of Cash And Equivalents per Earnings Per Share. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Chenghe Acquisition's earnings, one of the primary drivers of an investment's value.Chenghe Cash And Equivalents vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Chenghe Acquisition |
| = | 0.19 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Chenghe Acquisition |
| = | 702.7 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Chenghe Cash And Equivalents Comparison
Chenghe Acquisition is currently under evaluation in cash and equivalents category among its peers.
Chenghe Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Chenghe Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chenghe Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Chenghe Acquisition's change in net profit over the period of time. It can combine multiple indicators of Chenghe 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.
Chenghe Acquisition Co. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of financial technology or technology-enabled financial service companies, including artificial intelligence, big data, and cloud and blockchain-related initiatives in Asian markets. Chenghe Acquisition is traded on NASDAQ Exchange in the United States.
Chenghe Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Chenghe 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 Chenghe 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 Chenghe Acquisition's important profitability drivers and their relationship over time.
Use Chenghe 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 Chenghe 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 Chenghe Acquisition will appreciate offsetting losses from the drop in the long position's value.Chenghe Acquisition Pair Trading
Chenghe Acquisition Co Pair Trading Analysis
The ability to find closely correlated positions to Chenghe 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 Chenghe 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 Chenghe 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 Chenghe Acquisition Co to buy it.
The correlation of Chenghe 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 Chenghe Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chenghe 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 Chenghe 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 Chenghe Acquisition position
In addition to having Chenghe 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities 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 income. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Chenghe Stock
If you are still planning to invest in Chenghe 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 Chenghe Acquisition's history and understand the potential risks before investing.
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