PHP Financial Statements From 2010 to 2024
| PPHPDelisted Stock | USD 10.84 0.03 0.28% |
Check PHP Ventures financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PHP Ventures' main balance sheet or income statement drivers, such as , as well as many indicators such as . PHP financial statements analysis is a perfect complement when working with PHP Ventures Valuation or Volatility modules.
PHP |
PHP Ventures Acquisition Company Return On Asset Analysis
PHP Ventures' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current PHP Ventures Return On Asset | -0.0441 |
Most of PHP Ventures' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PHP Ventures Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, PHP Ventures Acquisition has a Return On Asset of -0.0441. This is 90.62% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 68.5% lower than that of the firm.
PHP Ventures Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PHP Ventures's current stock value. Our valuation model uses many indicators to compare PHP Ventures value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PHP Ventures competition to find correlations between indicators driving PHP Ventures's intrinsic value. More Info.PHP Ventures Acquisition is rated below average in return on asset category among its peers. It is regarded fifth in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value PHP Ventures 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.About PHP Ventures Financial Statements
PHP Ventures shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although PHP Ventures investors may analyze each financial statement separately, they are all interrelated. The changes in PHP Ventures' assets and liabilities, for example, are also reflected in the revenues and expenses on on PHP Ventures' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
PHP Ventures Acquisition Corp. does not have signification business operations. The company was incorporated in 2021 and is based in Subang Jaya, Malaysia. Php Ventures is traded on NASDAQ Exchange in the United States.
Pair Trading with PHP Ventures
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 PHP Ventures 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 PHP Ventures will appreciate offsetting losses from the drop in the long position's value.Moving against PHP Stock
| 0.57 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.5 | BKRKY | Bank Rakyat | PairCorr |
| 0.5 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.48 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.43 | PTBRY | Bank Negara Indonesia Normal Trading | PairCorr |
The ability to find closely correlated positions to PHP Ventures could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PHP Ventures 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 PHP Ventures - 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 PHP Ventures Acquisition to buy it.
The correlation of PHP Ventures 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 PHP Ventures moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PHP Ventures Acquisition 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 PHP Ventures 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 Your Equity Center 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 rate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in PHP Stock
If you are still planning to invest in PHP Ventures Acquisition 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 PHP Ventures' history and understand the potential risks before investing.
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