Monument Circle Short Ratio vs. Net Income
Based on the measurements of profitability obtained from Monument Circle's financial statements, Monument Circle 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 Monument Circle's ability to earn profits and add value for shareholders.
Check out Correlation Analysis 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 persons.
For Monument Circle profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Monument Circle to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Monument Circle Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Monument Circle's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Monument Circle Acquisition over time as well as its relative position and ranking within its peers.
Monument |
Monument Circle Acqu Net Income vs. Short Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Monument Circle's current stock value. Our valuation model uses many indicators to compare Monument Circle value to that of its competitors to determine the firm's financial worth. Monument Circle Acquisition is rated below average in short ratio category among its peers. It is rated below average in net income category among its peers making up about 81,666,712 of Net Income per Short Ratio. 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 Monument Circle's earnings, one of the primary drivers of an investment's value.Monument Net Income vs. Short Ratio
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Monument Circle |
| = | 0.08 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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.
Monument Circle |
| = | 6.53 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.
Monument Net Income Comparison
Monument Circle is currently under evaluation in net income category among its peers.
Monument Circle Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Monument Circle, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Monument Circle will eventually generate negative long term returns. The profitability progress is the general direction of Monument Circle's change in net profit over the period of time. It can combine multiple indicators of Monument Circle, 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.
Monument Circle Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Indianapolis, Indiana. Monument Circle operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Monument Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Monument Circle. 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 Monument Circle 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 Monument Circle's important profitability drivers and their relationship over time.
Use Monument Circle 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 Monument Circle 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 Monument Circle will appreciate offsetting losses from the drop in the long position's value.Monument Circle Pair Trading
Monument Circle Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Monument Circle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monument Circle 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 Monument Circle - 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 Monument Circle Acquisition to buy it.
The correlation of Monument Circle 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 Monument Circle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monument Circle Acqu 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 Monument Circle 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 Monument Circle position
In addition to having Monument Circle 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks 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 Banks Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis 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 persons. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Monument Stock
If you are still planning to invest in Monument Circle Acqu 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 Monument Circle's history and understand the potential risks before investing.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |