Yotta Acquisition Stock Market Value
| YOTAW Stock | USD 0.05 0.01 12.55% |
| Symbol | Yotta |
Yotta Acquisition Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yotta Acquisition. If investors know Yotta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yotta Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.177 | Return On Assets (0.01) |
The market value of Yotta Acquisition is measured differently than its book value, which is the value of Yotta that is recorded on the company's balance sheet. Investors also form their own opinion of Yotta Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Yotta Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yotta Acquisition's market value can be influenced by many factors that don't directly affect Yotta Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yotta Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yotta Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yotta Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Yotta Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Yotta Acquisition's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Yotta Acquisition.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Yotta Acquisition on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Yotta Acquisition or generate 0.0% return on investment in Yotta Acquisition over 720 days. Yotta Acquisition is related to or competes with Visa, Deutsche Bank, and Dynex Capital. Yotta Acquisition Corporation focuses on entering into a merger, share exchange, asset acquisition, stock purchase, reca... More
Yotta Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Yotta Acquisition's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Yotta Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.64 | |||
| Information Ratio | 0.208 | |||
| Maximum Drawdown | 173.51 | |||
| Value At Risk | (24.00) | |||
| Potential Upside | 66.67 |
Yotta Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yotta Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yotta Acquisition's standard deviation. In reality, there are many statistical measures that can use Yotta Acquisition historical prices to predict the future Yotta Acquisition's volatility.| Risk Adjusted Performance | 0.1621 | |||
| Jensen Alpha | 6.0 | |||
| Total Risk Alpha | 3.07 | |||
| Sortino Ratio | 0.3406 | |||
| Treynor Ratio | 5.68 |
Yotta Acquisition Backtested Returns
Yotta Acquisition is out of control given 3 months investment horizon. Yotta Acquisition shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.31% are justified by taking the suggested risk. Use Yotta Acquisition Mean Deviation of 17.6, market risk adjusted performance of 5.69, and Downside Deviation of 17.64 to evaluate company specific risk that cannot be diversified away. Yotta Acquisition holds a performance score of 14 on a scale of zero to a hundred. The firm maintains a market beta of 1.07, which attests to a somewhat significant risk relative to the market. Yotta Acquisition returns are very sensitive to returns on the market. As the market goes up or down, Yotta Acquisition is expected to follow. Use Yotta Acquisition treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Yotta Acquisition.
Auto-correlation | -0.68 |
Very good reverse predictability
Yotta Acquisition has very good reverse predictability. Overlapping area represents the amount of predictability between Yotta Acquisition time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yotta Acquisition price movement. The serial correlation of -0.68 indicates that around 68.0% of current Yotta Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yotta Acquisition lagged returns against current returns
Autocorrelation, which is Yotta Acquisition stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Yotta Acquisition's stock expected returns. We can calculate the autocorrelation of Yotta Acquisition returns to help us make a trade decision. For example, suppose you find that Yotta Acquisition has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Yotta Acquisition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Yotta Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yotta Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yotta Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Yotta Acquisition Lagged Returns
When evaluating Yotta Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yotta Acquisition stock have on its future price. Yotta Acquisition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Yotta Acquisition autocorrelation shows the relationship between Yotta Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Yotta Acquisition.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Yotta Stock Analysis
When running Yotta Acquisition's price analysis, check to measure Yotta Acquisition'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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.