Inception Growth Acquisition Stock Beta
| IGTARDelisted Stock | USD 0.05 0.00 0.00% |
Inception Growth Acquisition fundamentals help investors to digest information that contributes to Inception Growth's financial success or failures. It also enables traders to predict the movement of Inception Stock. The fundamental analysis module provides a way to measure Inception Growth'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 Inception Growth stock.
Inception |
Inception Growth Acquisition Company Beta Analysis
Inception Growth's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Inception Growth Beta | 0.001 |
Most of Inception Growth's fundamental indicators, such as Beta, 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, Inception Growth Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Inception Growth Acquisition has a Beta of 0.001. This is much higher than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.
Inception Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inception Growth's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Inception Growth could also be used in its relative valuation, which is a method of valuing Inception Growth by comparing valuation metrics of similar companies.Inception Growth is currently under evaluation in beta category among its peers.
As returns on the market increase, Inception Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inception Growth is expected to be smaller as well.
Inception Fundamentals
| Return On Asset | -0.0275 | ||||
| Number Of Shares Shorted | 45.28 K | ||||
| Total Debt | 95.39 K | ||||
| Debt To Equity | 3.98 % | ||||
| Book Value Per Share | (0.76) X | ||||
| Beta | 0.001 |
About Inception Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inception Growth Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inception Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inception Growth 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 Inception Growth
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 Inception Growth 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 Inception Growth will appreciate offsetting losses from the drop in the long position's value.Moving against Inception Stock
| 0.53 | OCAXU | OCA Acquisition Corp | PairCorr |
| 0.48 | NPABU | New Providence Acqui | PairCorr |
| 0.47 | VACH | Voyager Acquisition Corp | PairCorr |
| 0.36 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.31 | HHGCU | HHG Capital Corp | PairCorr |
The ability to find closely correlated positions to Inception Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inception Growth 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 Inception Growth - 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 Inception Growth Acquisition to buy it.
The correlation of Inception Growth 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 Inception Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inception Growth Acq 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 Inception Growth 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 Risk vs Return Analysis 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 nation. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Inception Stock
If you are still planning to invest in Inception Growth Acq 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 Inception Growth's history and understand the potential risks before investing.
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