Fg Acquisition Corp Stock Profit Margin
| FGAA-U Stock | 11.78 0.00 0.00% |
FG Acquisition Corp fundamentals help investors to digest information that contributes to FG Acquisition's financial success or failures. It also enables traders to predict the movement of FGAA-U Stock. The fundamental analysis module provides a way to measure FG Acquisition'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 FG Acquisition stock.
FGAA-U |
FG Acquisition Corp Company Profit Margin Analysis
FG Acquisition's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
CompetitionBased on the latest financial disclosure, FG Acquisition Corp has a Profit Margin of 0.0%. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The profit margin for all Canada stocks is 100.0% lower than that of the firm.
FGAA-U Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FG Acquisition's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FG Acquisition could also be used in its relative valuation, which is a method of valuing FG Acquisition by comparing valuation metrics of similar companies.FG Acquisition is currently under evaluation in profit margin category among its peers.
FGAA-U Fundamentals
| Return On Asset | -0.0133 | ||||
| Current Valuation | 62.3 M | ||||
| Shares Outstanding | 3.76 K | ||||
| Shares Owned By Institutions | 100.00 % | ||||
| Number Of Shares Shorted | 400 | ||||
| Price To Sales | 11.28 X | ||||
| Gross Profit | 1.68 M | ||||
| EBITDA | (7.62 M) | ||||
| Net Income | (6 M) | ||||
| Total Debt | 131.53 M | ||||
| Book Value Per Share | (7.59) X | ||||
| Cash Flow From Operations | 5.73 M | ||||
| Short Ratio | 6.82 X | ||||
| Earnings Per Share | (3.39) X | ||||
| Beta | 0.016 | ||||
| Market Capitalization | 34.17 M | ||||
| Total Asset | 118.06 M | ||||
| Retained Earnings | (13.49 M) | ||||
| Working Capital | (13.47 M) | ||||
| Net Asset | 118.06 M |
About FG Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FG Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FG Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FG Acquisition Corp 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 FG 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 FG 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 FG Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with FGAA-U Stock
Moving against FGAA-U Stock
The ability to find closely correlated positions to FG 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 FG 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 FG 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 FG Acquisition Corp to buy it.
The correlation of FG 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 FG Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG 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 FG 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.Other Information on Investing in FGAA-U Stock
FG Acquisition financial ratios help investors to determine whether FGAA-U Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FGAA-U with respect to the benefits of owning FG Acquisition security.