Broad Capital Acquisition Stock Earnings Per Share
| BRACR Stock | USD 0.12 0.01 7.69% |
Broad Capital Acquisition fundamentals help investors to digest information that contributes to Broad Capital's financial success or failures. It also enables traders to predict the movement of Broad Stock. The fundamental analysis module provides a way to measure Broad Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Broad Capital stock.
Broad | Earnings Per Share |
Broad Capital Acquisition Company Earnings Per Share Analysis
Broad Capital's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Broad Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Broad Capital is extremely important. It helps to project a fair market value of Broad Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Broad Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Broad Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Broad Capital's interrelated accounts and indicators.
| 0.21 | -0.21 | 0.97 | -0.22 | -0.22 | -0.22 | ||
| 0.21 | -1.0 | 0.39 | -0.9 | -0.94 | -0.91 | ||
| -0.21 | -1.0 | -0.4 | 0.91 | 0.95 | 0.9 | ||
| 0.97 | 0.39 | -0.4 | -0.44 | -0.43 | -0.41 | ||
| -0.22 | -0.9 | 0.91 | -0.44 | 0.99 | 0.94 | ||
| -0.22 | -0.94 | 0.95 | -0.43 | 0.99 | 0.95 | ||
| -0.22 | -0.91 | 0.9 | -0.41 | 0.94 | 0.95 |
Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
Broad Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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According to the company disclosure, Broad Capital Acquisition has an Earnings Per Share of 0.0 times. This is 100.0% lower than that of the Industrials sector and about the same as Other (which currently averages 0.0) industry. The earnings per share for all United States stocks is 100.0% higher than that of the company.
Broad Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Broad Capital's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Broad Capital could also be used in its relative valuation, which is a method of valuing Broad Capital by comparing valuation metrics of similar companies.Broad Capital is currently under evaluation in earnings per share category among its peers.
Broad Fundamentals
| Return On Asset | -0.043 | ||||
| Number Of Shares Shorted | 26.03 K | ||||
| EBITDA | 142.52 K | ||||
| Net Income | (513.92 K) | ||||
| Total Debt | 3.66 M | ||||
| Book Value Per Share | (1.30) X | ||||
| Cash Flow From Operations | (1.77 M) | ||||
| Beta | -0.008 | ||||
| Total Asset | 50.82 M | ||||
| Retained Earnings | (9.74 M) | ||||
| Net Asset | 50.82 M |
About Broad Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Broad Capital Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Broad Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Broad Capital Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Broad Capital
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 Broad Capital 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 Broad Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Broad Stock
| 0.55 | FRLAU | Fortune Rise Acquisition | PairCorr |
| 0.5 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.5 | OCAXW | OCA Acquisition Corp | PairCorr |
| 0.43 | NOVVU | Nova Vision Acquisition | PairCorr |
| 0.42 | BAYAR | Bayview Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Broad Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broad Capital 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 Broad Capital - 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 Broad Capital Acquisition to buy it.
The correlation of Broad Capital 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 Broad Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broad Capital 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 Broad Capital 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.Additional Tools for Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.