Plutonian Acquisition Corp Stock Gross Profit
PLTNDelisted Stock | 2.43 3.89 61.55% |
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 Gross Profit Analysis
Plutonian Acquisition's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
CompetitionAccording to the company disclosure, Plutonian Acquisition Corp reported 0.0 of gross profit. 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 gross profit for all United States stocks is 100.0% higher than that of the company.
Plutonian Gross Profit 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 Gross Profit 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 gross profit 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 |
About Plutonian Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plutonian Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plutonian Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plutonian 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 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.Moving together with Plutonian Stock
0.78 | BKRKY | Bank Rakyat | PairCorr |
0.83 | PPERY | Bank Mandiri Persero | PairCorr |
0.79 | PPERF | Bank Mandiri Persero | PairCorr |
0.72 | PBCRY | Bank Central Asia | PairCorr |
Moving against Plutonian Stock
0.83 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
0.81 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
0.77 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
The ability to find closely correlated positions to Plutonian 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 Plutonian 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 Plutonian 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 Plutonian Acquisition Corp to buy it.
The correlation of Plutonian 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 Plutonian Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plutonian 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 Plutonian 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.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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.
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