Haymaker Acquisition Return On Asset vs. Net Income

BTMDWDelisted Stock  USD 1.61  0.05  3.21%   
Considering Haymaker Acquisition's profitability and operating efficiency indicators, Haymaker Acquisition Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Haymaker Acquisition's ability to earn profits and add value for shareholders.
For Haymaker Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Haymaker Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Haymaker Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Haymaker Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Haymaker Acquisition Corp over time as well as its relative position and ranking within its peers.
  
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 unemployment.
Please note, there is a significant difference between Haymaker Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haymaker Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haymaker 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.

Haymaker Acquisition Corp Net Income vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Haymaker Acquisition's current stock value. Our valuation model uses many indicators to compare Haymaker Acquisition value to that of its competitors to determine the firm's financial worth.
Haymaker Acquisition Corp is number one stock in return on asset category among its peers. It also is number one stock in net income category among its peers making up about  2,663,984  of Net Income per Return On Asset. Comparative valuation analysis is a catch-all technique that is used if you cannot value Haymaker Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Haymaker Net Income vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Haymaker Acquisition

Return On Asset

 = 

Net Income

Total Assets

 = 
0.5
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.

Haymaker Acquisition

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
1.32 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.

Haymaker Net Income Comparison

Haymaker Acquisition is currently under evaluation in net income category among its peers.

Haymaker Acquisition Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Haymaker Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Haymaker Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Haymaker Acquisition's change in net profit over the period of time. It can combine multiple indicators of Haymaker 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.
biote Corp. operates in medical practice-building business within the hormone optimization space. The company was founded in 2011 and is headquartered in Irvine, Texas. Biote Corp operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange.

Haymaker Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Haymaker 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 Haymaker 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 Haymaker Acquisition's important profitability drivers and their relationship over time.

Use Haymaker 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 Haymaker 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 Haymaker Acquisition will appreciate offsetting losses from the drop in the long position's value.

Haymaker Acquisition Pair Trading

Haymaker Acquisition Corp Pair Trading Analysis

The ability to find closely correlated positions to Haymaker 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 Haymaker 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 Haymaker 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 Haymaker Acquisition Corp to buy it.
The correlation of Haymaker 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 Haymaker Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haymaker Acquisition Corp 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 Haymaker 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Haymaker Acquisition position

In addition to having Haymaker 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 Driverless Cars Thematic Idea Now

Driverless Cars
Driverless Cars Theme
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 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 Driverless Cars Theme or any other thematic opportunities.
View All  Next Launch
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 unemployment.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Haymaker Stock

If you are still planning to invest in Haymaker 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 Haymaker Acquisition's history and understand the potential risks before investing.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
CEOs Directory
Screen CEOs from public companies around the world
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency