BYTE Acquisition Corp Valuation

BYTSWDelisted Stock  USD 0.21  0.01  5.00%   
BYTE Acquisition seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of BYTE Acquisition Corp from analyzing the firm fundamentals such as ebitda of (13.42 M), and Return On Asset of -0.0137 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
0.21
Please note that BYTE Acquisition's price fluctuation is very steady at this time. Calculation of the real value of BYTE Acquisition Corp is based on 3 months time horizon. Increasing BYTE 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 BYTE stock is determined by what a typical buyer is willing to pay for full or partial control of BYTE Acquisition Corp. Since BYTE Acquisition is currently traded on the exchange, buyers and sellers on that exchange determine the market value of BYTE Stock. However, BYTE 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  0.21 Real  0.15 Hype  0.21 Naive  0.2
The intrinsic value of BYTE 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 BYTE 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.
0.15
Real Value
0.23
Upside
Estimating the potential upside or downside of BYTE Acquisition Corp helps investors to forecast how BYTE 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 BYTE Acquisition more accurately as focusing exclusively on BYTE Acquisition's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.120.21
Details
Hype
Prediction
LowEstimatedHigh
0.210.210.21
Details
Naive
Forecast
LowNext ValueHigh
0.200.200.20
Details

BYTE Acquisition Total Value Analysis

BYTE Acquisition Corp is currently projected to have takeover price of 0 with market capitalization of 391.26 M, debt of , and cash on hands of . 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 BYTE Acquisition fundamentals before making investing decisions based on enterprise value of the company

BYTE Acquisition Asset Utilization

One of the ways to look at asset utilization of BYTE is to check how much profit was generated for every dollar of assets it reports. BYTE Acquisition Corp shows a negative utilization of assets of -0.0137 percent, losing $1.37E-4 for each dollar of assets held by the firm. Ineffective asset utilization signifies that the company is being less competent with each dollar of assets it shows. Put another way, asset utilization of BYTE Acquisition Corp shows how unsuccessful it operates for each dollar spent on its assets.

BYTE Acquisition Profitability Analysis

Net Income was 10.63 M with profit before overhead, payroll, taxes, and interest of 0.

About BYTE Acquisition Valuation

Our relative valuation model uses a comparative analysis of BYTE Acquisition. We calculate exposure to BYTE Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of BYTE Acquisition's related companies.

BYTE Acquisition Growth Indicators

Investing in growth stocks can be very risky. If the company such as BYTE 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 Outstanding41.5 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 state.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Other Consideration for investing in BYTE Stock

If you are still planning to invest in BYTE 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 BYTE Acquisition's history and understand the potential risks before investing.
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