Medtech Acquisition Beta vs. Working Capital
| MTACUDelisted Stock | USD 9.86 0.00 0.00% |
For Medtech Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Medtech Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Medtech Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Medtech Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Medtech Acquisition Corp over time as well as its relative position and ranking within its peers.
Medtech |
Medtech Acquisition Corp Working Capital vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Medtech Acquisition's current stock value. Our valuation model uses many indicators to compare Medtech Acquisition value to that of its competitors to determine the firm's financial worth. Medtech Acquisition Corp is regarded fifth in beta category among its peers. It is regarded third in working capital category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Medtech 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.Medtech Working Capital 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.
Medtech Acquisition |
| = | -0.0423 |
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.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Medtech Acquisition |
| = | (2.14 M) |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Medtech Working Capital Comparison
Medtech Acquisition is currently under evaluation in working capital category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Medtech Acquisition are expected to decrease at a much lower rate. During the bear market, Medtech Acquisition is likely to outperform the market.
Medtech Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Medtech Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Medtech Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Medtech Acquisition's change in net profit over the period of time. It can combine multiple indicators of Medtech 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.
MedTech Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in Greenwich, Connecticut. Medtech Acquisition is traded on NASDAQ Exchange in the United States.
Medtech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Medtech 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 Medtech 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 Medtech Acquisition's important profitability drivers and their relationship over time.
Use Medtech 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 Medtech 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 Medtech Acquisition will appreciate offsetting losses from the drop in the long position's value.Medtech Acquisition Pair Trading
Medtech Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Medtech 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 Medtech 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 Medtech 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 Medtech Acquisition Corp to buy it.
The correlation of Medtech 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 Medtech Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medtech 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 Medtech 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 Medtech Acquisition position
In addition to having Medtech 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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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 main economic indicators. 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 Medtech Stock
If you are still planning to invest in Medtech 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 Medtech Acquisition's history and understand the potential risks before investing.
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