Bannix Return On Capital Employed from 2010 to 2025

BNIXRDelisted Stock  USD 0.14  0.00  0.00%   
Check Bannix Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bannix Acquisition's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bannix financial statements analysis is a perfect complement when working with Bannix Acquisition Valuation or Volatility modules.
  
This module can also supplement various Bannix Acquisition Technical models . Check out the analysis of Bannix Acquisition Correlation against competitors.

About Bannix Acquisition Financial Statements

Bannix Acquisition shareholders use historical fundamental indicators, such as Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Bannix Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Bannix Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bannix Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

Pair Trading with Bannix Acquisition

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 Bannix 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 Bannix Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bannix Pink Sheet

  0.64DMYY dMY Squared TechnologyPairCorr

Moving against Bannix Pink Sheet

  0.34DISTR Distoken AcquisitionPairCorr
The ability to find closely correlated positions to Bannix 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 Bannix 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 Bannix 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 Bannix Acquisition Corp to buy it.
The correlation of Bannix 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 Bannix Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bannix 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 Bannix 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.
Pair CorrelationCorrelation Matching
Check out the analysis of Bannix Acquisition Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Bannix Pink Sheet

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