Plutonian Acquisition Corp Stock EBITDA
Plutonian Acquisition Corp fundamentals help investors to digest information that contributes to Plutonian Acquisition's financial success or failures. It also enables traders to predict the movement of Plutonian Stock. The fundamental analysis module provides a way to measure Plutonian 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 Plutonian Acquisition stock.
Plutonian |
Plutonian Acquisition Corp Company EBITDA Analysis
Plutonian Acquisition's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Plutonian Acquisition EBITDA | (1.18 M) |
Most of Plutonian Acquisition's fundamental indicators, such as EBITDA, 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, Plutonian Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
CompetitionAccording to the company disclosure, Plutonian Acquisition Corp reported earnings before interest,tax, depreciation and amortization of (1.18 Million). This is 100.0% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The ebitda for all United States stocks is 100.03% higher than that of the company.
Plutonian EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plutonian Acquisition's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plutonian Acquisition could also be used in its relative valuation, which is a method of valuing Plutonian Acquisition by comparing valuation metrics of similar companies.Plutonian Acquisition is currently under evaluation in ebitda category among its peers.
Plutonian Fundamentals
| Return On Equity | 0.55 | |||
| Return On Asset | -0.0227 | |||
| Current Valuation | 13.69 M | |||
| Shares Outstanding | 5 M | |||
| Shares Owned By Insiders | 34.06 % | |||
| Shares Owned By Institutions | 61.50 % | |||
| Number Of Shares Shorted | 51.56 K | |||
| Price To Book | 1.71 X | |||
| EBITDA | (1.18 M) | |||
| Net Income | 765.58 K | |||
| Total Debt | 1.01 M | |||
| Book Value Per Share | (0.67) X | |||
| Cash Flow From Operations | (899.3 K) | |||
| Short Ratio | 0.28 X | |||
| Earnings Per Share | (0.38) X | |||
| Market Capitalization | 12.15 M | |||
| Total Asset | 35.48 M | |||
| Retained Earnings | (3.35 M) | |||
| Working Capital | (1.5 M) | |||
| Net Asset | 35.48 M |
Pair Trading with Plutonian 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 Plutonian 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 Plutonian Acquisition will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 estimate. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Plutonian Stock
If you are still planning to invest in Plutonian 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 Plutonian Acquisition's history and understand the potential risks before investing.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |