XPAC Acquisition Z Score vs. Book Value Per Share
| XPAXWDelisted Stock | USD 0.06 0.00 0.00% |
For XPAC Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of XPAC Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well XPAC Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between XPAC Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of XPAC Acquisition Corp over time as well as its relative position and ranking within its peers.
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XPAC Acquisition Corp Book Value Per Share vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining XPAC Acquisition's current stock value. Our valuation model uses many indicators to compare XPAC Acquisition value to that of its competitors to determine the firm's financial worth. XPAC Acquisition Corp is rated first in z score category among its peers. It is rated first in book value per share category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value XPAC 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.XPAC Book Value Per Share vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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| = | -0.3 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
XPAC Book Value Per Share Comparison
XPAC Acquisition is currently under evaluation in book value per share category among its peers.
XPAC Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in XPAC Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, XPAC Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of XPAC Acquisition's change in net profit over the period of time. It can combine multiple indicators of XPAC 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.
XPAC Acquisition Corp. intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York. Xpac Acquisition is traded on NASDAQ Exchange in the United States.
XPAC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on XPAC 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 XPAC 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 XPAC Acquisition's important profitability drivers and their relationship over time.
Use XPAC 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 XPAC 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 XPAC Acquisition will appreciate offsetting losses from the drop in the long position's value.XPAC Acquisition Pair Trading
XPAC Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to XPAC 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 XPAC 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 XPAC 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 XPAC Acquisition Corp to buy it.
The correlation of XPAC 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 XPAC Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XPAC 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 XPAC 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 XPAC Acquisition position
In addition to having XPAC 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 Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 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 Online Gaming Theme or any other thematic opportunities.
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Check out Your Current Watchlist 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 interest. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in XPAC Stock
If you are still planning to invest in XPAC 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 XPAC Acquisition's history and understand the potential risks before investing.
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