Prospector Capital Current Valuation vs. Beta
| PRSRDelisted Stock | USD 10.53 0.00 0.00% |
For Prospector Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Prospector Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Prospector Capital Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Prospector Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Prospector Capital Corp over time as well as its relative position and ranking within its peers.
Prospector |
Prospector Capital Corp Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Prospector Capital's current stock value. Our valuation model uses many indicators to compare Prospector Capital value to that of its competitors to determine the firm's financial worth. Prospector Capital Corp is rated top company in current valuation category among its peers. It also is considered to be number one stock in beta category among its peers . The ratio of Current Valuation to Beta for Prospector Capital Corp is about 4,134,072,833 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Prospector Capital 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.Prospector Current Valuation vs. Competition
Prospector Capital Corp is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 1.85 Billion. Prospector Capital holds roughly 49.61 Million in current valuation claiming about 2.68% of equities under Financials industry.
Prospector Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Prospector Capital |
| = | 49.61 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Prospector Capital |
| = | 0.012 |
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.
Prospector Beta Comparison
Prospector Capital is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Prospector Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prospector Capital is expected to be smaller as well.
Prospector Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Prospector Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Prospector Capital will eventually generate negative long term returns. The profitability progress is the general direction of Prospector Capital's change in net profit over the period of time. It can combine multiple indicators of Prospector Capital, 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.
Prospector Capital Corp. does not have significant operations. The company was incorporated in 2020 and is based in La Jolla, California. Prospector Capital is traded on NASDAQ Exchange in the United States.
Prospector Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Prospector Capital. 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 Prospector Capital 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 Prospector Capital's important profitability drivers and their relationship over time.
Use Prospector Capital 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 Prospector Capital 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 Prospector Capital will appreciate offsetting losses from the drop in the long position's value.Prospector Capital Pair Trading
Prospector Capital Corp Pair Trading Analysis
The ability to find closely correlated positions to Prospector Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prospector Capital 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 Prospector Capital - 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 Prospector Capital Corp to buy it.
The correlation of Prospector Capital 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 Prospector Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prospector Capital 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 Prospector Capital 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 Prospector Capital position
In addition to having Prospector Capital 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 Large Blend Funds Thematic Idea Now
Large Blend Funds
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. The Large Blend Funds theme has 37 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 Large Blend Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center 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 state. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Prospector Stock
If you are still planning to invest in Prospector Capital 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 Prospector Capital's history and understand the potential risks before investing.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |