Data Knights Return On Asset vs. Number Of Employees

DKDCADelisted Stock  USD 11.05  0.00  0.00%   
Based on Data Knights' profitability indicators, Data Knights 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 Data Knights' ability to earn profits and add value for shareholders.
For Data Knights profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Data Knights to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Data Knights Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Data Knights's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Data Knights Acquisition over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities 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 Data Knights' value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Knights is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Knights' 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.

Data Knights Acquisition Number Of Employees vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Data Knights's current stock value. Our valuation model uses many indicators to compare Data Knights value to that of its competitors to determine the firm's financial worth.
Data Knights Acquisition is rated below average in return on asset category among its peers. It is rated below average in number of employees category among its peers . 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 Data Knights' earnings, one of the primary drivers of an investment's value.

Data Number Of Employees 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.

Data Knights

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0382
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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Data Knights

Number of Employees

 = 

Full Time

+

Part Time

 = 
2
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Data Number Of Employees vs Competition

Data Knights Acquisition is rated below average in number of employees category among its peers. The total workforce of Financials industry is currently estimated at about 33.0. Data Knights holds roughly 2.0 in number of employees claiming about 6% of equities under Financials industry.

Data Knights Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Data Knights, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Data Knights will eventually generate negative long term returns. The profitability progress is the general direction of Data Knights' change in net profit over the period of time. It can combine multiple indicators of Data Knights, 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.
Data Knights Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Chessington, the United Kingdom. Data Knights is traded on NASDAQ Exchange in the United States.

Data Profitability Driver Comparison

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

Use Data Knights 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 Data Knights 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 Data Knights will appreciate offsetting losses from the drop in the long position's value.

Data Knights Pair Trading

Data Knights Acquisition Pair Trading Analysis

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

In addition to having Data Knights 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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Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 43 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 Wireless Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Consideration for investing in Data Stock

If you are still planning to invest in Data Knights 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 Data Knights' history and understand the potential risks before investing.
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