Bynordic Earnings Yield from 2010 to 2025
| BYNO Stock | USD 11.39 0.03 0.26% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter 0.0149 | Current Value 0.0157 | Quarterly Volatility 0.00633276 |
Check Bynordic Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bynordic Acquisition's main balance sheet or income statement drivers, such as Other Operating Expenses of 1.8 M, Ebitda of 7.3 M or Total Operating Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.7. Bynordic financial statements analysis is a perfect complement when working with Bynordic Acquisition Valuation or Volatility modules.
Bynordic | Earnings Yield |
Latest Bynordic Acquisition's Earnings Yield Growth Pattern
Below is the plot of the Earnings Yield of Bynordic Acquisition Corp over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Bynordic Acquisition's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bynordic Acquisition's overall financial position and show how it may be relating to other accounts over time.
| Earnings Yield | 10 Years Trend |
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Earnings Yield |
| Timeline |
Bynordic Earnings Yield Regression Statistics
| Arithmetic Mean | 0 | |
| Geometric Mean | 0.000053 | |
| Coefficient Of Variation | 194.84 | |
| Mean Deviation | 0 | |
| Median | (0.00000766) | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.00004 | |
| Range | 0.0169 | |
| R-Value | 0.73 | |
| Mean Square Error | 0.00002 | |
| R-Squared | 0.53 | |
| Significance | 0 | |
| Slope | 0.001 | |
| Total Sum of Squares | 0.0006 |
Bynordic Earnings Yield History
About Bynordic Acquisition Financial Statements
Bynordic Acquisition investors utilize fundamental indicators, such as Earnings Yield, to predict how Bynordic Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Earnings Yield | 0.01 | 0.02 |
Pair Trading with Bynordic 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 Bynordic 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 Bynordic Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Bynordic Stock
| 0.48 | FCFS | FirstCash | PairCorr |
| 0.38 | PWUPW | PowerUp Acquisition Corp | PairCorr |
| 0.35 | LGHLW | Lion Financial Group | PairCorr |
The ability to find closely correlated positions to Bynordic 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 Bynordic 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 Bynordic 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 Bynordic Acquisition Corp to buy it.
The correlation of Bynordic 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 Bynordic Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bynordic 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 Bynordic 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.Check out the analysis of Bynordic Acquisition Correlation against competitors. To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bynordic Acquisition. If investors know Bynordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bynordic Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bynordic Acquisition Corp is measured differently than its book value, which is the value of Bynordic that is recorded on the company's balance sheet. Investors also form their own opinion of Bynordic Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bynordic Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bynordic Acquisition's market value can be influenced by many factors that don't directly affect Bynordic Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bynordic Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bynordic Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bynordic Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.