Goldenstone Acquisition Beta vs. Net Asset
Goldenstone Acquisition Net Asset vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Goldenstone Acquisition's current stock value. Our valuation model uses many indicators to compare Goldenstone Acquisition value to that of its competitors to determine the firm's financial worth. Goldenstone Acquisition Limited is rated below average in beta category among its peers. It is rated below average in net asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Goldenstone 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.Goldenstone Net Asset vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Goldenstone Acquisition |
| = | -0.005 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Goldenstone Acquisition |
| = | 19.06 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Goldenstone Net Asset Comparison
Goldenstone Acquisition is currently under evaluation in net asset category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Goldenstone Acquisition are expected to decrease at a much lower rate. During the bear market, Goldenstone Acquisition is likely to outperform the market.
Goldenstone Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Goldenstone Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Goldenstone Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Goldenstone Acquisition's change in net profit over the period of time. It can combine multiple indicators of Goldenstone 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.
Goldenstone Acquisition Limited is a blank check company that focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois. Goldenstone Acquisition is traded on NASDAQ Exchange in the United States.
Goldenstone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Goldenstone 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 Goldenstone 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 Goldenstone Acquisition's important profitability drivers and their relationship over time.
Goldenstone Acquisition Earnings per Share Projection vs Actual
Use Goldenstone 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 Goldenstone 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 Goldenstone Acquisition will appreciate offsetting losses from the drop in the long position's value.Goldenstone Acquisition Pair Trading
Goldenstone Acquisition Limited Pair Trading Analysis
The ability to find closely correlated positions to Goldenstone 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 Goldenstone 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 Goldenstone 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 Goldenstone Acquisition Limited to buy it.
The correlation of Goldenstone 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 Goldenstone Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldenstone 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 Goldenstone 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 Goldenstone Acquisition position
In addition to having Goldenstone 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 Synthetics Thematic Idea Now
Synthetics
Companies involved in production of silicon and other synthetic products . The Synthetics theme has 42 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 Synthetics Theme or any other thematic opportunities.
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Check out Risk vs Return 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 poverty. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Goldenstone Stock
If you are still planning to invest in Goldenstone 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 Goldenstone Acquisition's history and understand the potential risks before investing.
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