AlphaTime Acquisition Net Income vs. Return On Equity
| ATMC Stock | 11.34 0.04 0.35% |
Net Income | First Reported 2010-12-31 | Previous Quarter 1.9 M | Current Value 2 M | Quarterly Volatility 709.2 K |
For AlphaTime Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AlphaTime Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AlphaTime Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AlphaTime Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AlphaTime Acquisition Corp over time as well as its relative position and ranking within its peers.
AlphaTime |
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 AlphaTime Acquisition. If investors know AlphaTime 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 AlphaTime 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 (0.28) | Earnings Share (0.50) | Return On Equity 0.0553 |
The market value of AlphaTime Acquisition is measured differently than its book value, which is the value of AlphaTime that is recorded on the company's balance sheet. Investors also form their own opinion of AlphaTime Acquisition's value that differs from its market value or its book value, called intrinsic value, which is AlphaTime 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 AlphaTime Acquisition's market value can be influenced by many factors that don't directly affect AlphaTime 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 AlphaTime Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if AlphaTime Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AlphaTime 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.
AlphaTime Acquisition Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AlphaTime Acquisition's current stock value. Our valuation model uses many indicators to compare AlphaTime Acquisition value to that of its competitors to determine the firm's financial worth. AlphaTime Acquisition Corp is number one stock in net income category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Net Income to Return On Equity for AlphaTime Acquisition Corp is about 35,101,591 . At present, AlphaTime Acquisition's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AlphaTime Acquisition's earnings, one of the primary drivers of an investment's value.AlphaTime Return On Equity vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
AlphaTime Acquisition |
| = | 1.94 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
AlphaTime Acquisition |
| = | 0.0553 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
AlphaTime Return On Equity Comparison
AlphaTime Acquisition is currently under evaluation in return on equity category among its peers.
AlphaTime Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AlphaTime Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AlphaTime Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of AlphaTime Acquisition's change in net profit over the period of time. It can combine multiple indicators of AlphaTime Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -2.6 M | -2.5 M | |
| Income Before Tax | 1.9 M | 2 M | |
| Total Other Income Expense Net | 4.6 M | 4.8 M | |
| Net Loss | (901.60) | (946.68) | |
| Net Income | 1.9 M | 2 M | |
| Income Tax Expense | -206.5 K | -196.2 K | |
| Net Interest Income | 3.1 M | 1.7 M | |
| Interest Income | 3.1 M | 1.7 M | |
| Net Income From Continuing Ops | 1.7 M | 941.2 K | |
| Net Income Per Share | 0.21 | 0.23 | |
| Income Quality | (0.17) | (0.18) |
AlphaTime Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AlphaTime Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AlphaTime Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AlphaTime Acquisition's important profitability drivers and their relationship over time.
Use AlphaTime Acquisition in pair-trading
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 AlphaTime 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 AlphaTime Acquisition will appreciate offsetting losses from the drop in the long position's value.AlphaTime Acquisition Pair Trading
AlphaTime Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to AlphaTime 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 AlphaTime 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 AlphaTime 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 AlphaTime Acquisition Corp to buy it.
The correlation of AlphaTime 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 AlphaTime Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AlphaTime 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 AlphaTime 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.Use Investing Themes to Complement your AlphaTime Acquisition position
In addition to having AlphaTime Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Data Storage Thematic Idea Now
Data Storage
Companies making data storages or providing data storage services. The Data Storage theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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To fully project AlphaTime Acquisition's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AlphaTime Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include AlphaTime Acquisition's income statement, its balance sheet, and the statement of cash flows.