Better World Return On Asset vs. Total Asset

BWACWDelisted Stock  USD 0.01  0.01  320.00%   
Based on the measurements of profitability obtained from Better World's financial statements, Better World Acquisition 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 Better World's ability to earn profits and add value for shareholders.
For Better World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Better World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Better World Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Better World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Better World Acquisition 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 main economic indicators.
Please note, there is a significant difference between Better World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Better World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better World'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.

Better World Acquisition Total Asset vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Better World's current stock value. Our valuation model uses many indicators to compare Better World value to that of its competitors to determine the firm's financial worth.
Better World Acquisition is number one stock in return on asset category among its peers. It is rated third in total asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Better World 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.

Better Total Asset 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.

Better World

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0193
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Better World

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
44.74 M
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Better Total Asset Comparison

Better World is currently under evaluation in total asset category among its peers.

Better World Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Better World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Better World will eventually generate negative long term returns. The profitability progress is the general direction of Better World's change in net profit over the period of time. It can combine multiple indicators of Better World, 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.
Better World Acquisition Corp. intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York. Better World is traded on NASDAQ Exchange in the United States.

Better Profitability Driver Comparison

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

Use Better World 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 Better World 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 Better World will appreciate offsetting losses from the drop in the long position's value.

Better World Pair Trading

Better World Acquisition Pair Trading Analysis

The ability to find closely correlated positions to Better World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better World 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 Better World - 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 Better World Acquisition to buy it.
The correlation of Better World 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 Better World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better World 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 Better World 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 Better World position

In addition to having Better World 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.

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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 Marijuana Theme or any other thematic opportunities.
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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 main economic indicators.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Other Consideration for investing in Better Stock

If you are still planning to invest in Better World 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 Better World's history and understand the potential risks before investing.
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