BYTE Acquisition Corp Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BYTE Acquisition are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days BYTE Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, BYTE Acquisition is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 1.7 M |
BYTE |
BYTE Acquisition Relative Risk vs. Return Landscape
If you would invest (100.00) in BYTE Acquisition Corp on December 4, 2024 and sell it today you would earn a total of 100.00 from holding BYTE Acquisition Corp or generate -100.0% return on investment over 90 days. BYTE Acquisition Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than BYTE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
BYTE Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BYTE Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BYTE Acquisition Corp, and traders can use it to determine the average amount a BYTE Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| BYTSW |
Based on monthly moving average BYTE Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BYTE Acquisition by adding BYTE Acquisition to a well-diversified portfolio.
BYTE Acquisition Fundamentals Growth
BYTE Stock prices reflect investors' perceptions of the future prospects and financial health of BYTE Acquisition, and BYTE Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BYTE Stock performance.
| Return On Asset | -0.0137 | |||
| EBITDA | (13.42 M) | |||
| Cash Flow From Operations | (608.52 K) | |||
| Total Asset | 329.41 M | |||
| Retained Earnings | (11.81 M) | |||
Things to note about BYTE Acquisition Corp performance evaluation
Checking the ongoing alerts about BYTE Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BYTE Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BYTE Acquisition is not yet fully synchronised with the market data | |
| BYTE Acquisition has some characteristics of a very speculative penny stock | |
| BYTE Acquisition has a very high chance of going through financial distress in the upcoming years | |
| BYTE Acquisition generates negative cash flow from operations |
- Analyzing BYTE Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether BYTE Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining BYTE Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating BYTE Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BYTE Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BYTE Acquisition's stock. These opinions can provide insight into BYTE Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities 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 state. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE Acquisition Corp 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 BYTE Acquisition's history and understand the potential risks before investing.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |