Altitude Acquisition Corp Valuation
| ALTUWDelisted Stock | USD 0.05 0.01 36.99% |
Altitude Acquisition seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Altitude Acquisition Corp from analyzing the firm fundamentals such as EBITDA of (15.41 M), cash and equivalents of 219.96 K, and Return On Asset of -0.0879 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Altitude Acquisition's price fluctuation is very steady at this time. Calculation of the real value of Altitude Acquisition Corp is based on 3 months time horizon. Increasing Altitude Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Altitude stock is determined by what a typical buyer is willing to pay for full or partial control of Altitude Acquisition Corp. Since Altitude Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altitude Stock. However, Altitude Acquisition's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.05 | Real 0.0442 | Hype 0.05 | Naive 0.0429 |
The intrinsic value of Altitude Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altitude Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altitude Acquisition Corp helps investors to forecast how Altitude stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altitude Acquisition more accurately as focusing exclusively on Altitude Acquisition's fundamentals will not take into account other important factors: Altitude Acquisition Total Value Analysis
Altitude Acquisition Corp is presently anticipated to have takeover price of 0 with market capitalization of 366.75 M, debt of 275 K, and cash on hands of 219.96 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Altitude Acquisition fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 366.75 M | 275 K | 219.96 K |
Altitude Acquisition Asset Utilization
One of the ways to look at asset utilization of Altitude is to check how much profit was generated for every dollar of assets it reports. Altitude Acquisition Corp shows a negative utilization of assets of -0.0879 percent, losing $8.79E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Altitude Acquisition Corp shows how discouraging it operates for each dollar spent on its assets.Altitude Acquisition Profitability Analysis
Net Loss for the year was (3.97 M) with profit before overhead, payroll, taxes, and interest of 0.About Altitude Acquisition Valuation
Our relative valuation model uses a comparative analysis of Altitude Acquisition. We calculate exposure to Altitude Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altitude Acquisition's related companies.The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2020 and is based in Atlanta, Georgia. Altitude Acquisition is traded on NASDAQ Exchange in the United States.
Altitude Acquisition Growth Indicators
Investing in growth stocks can be very risky. If the company such as Altitude Acquisition does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 4.6 M |
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 employment. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Altitude Stock
If you are still planning to invest in Altitude 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 Altitude Acquisition's history and understand the potential risks before investing.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |