OmniLit Acquisition EBITDA vs. Z Score
| OLITWDelisted Stock | USD 0.05 0.0001 0.19% |
For OmniLit Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OmniLit Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OmniLit Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OmniLit Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OmniLit Acquisition Corp over time as well as its relative position and ranking within its peers.
OmniLit |
OmniLit Acquisition Corp Z Score vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining OmniLit Acquisition's current stock value. Our valuation model uses many indicators to compare OmniLit Acquisition value to that of its competitors to determine the firm's financial worth. OmniLit Acquisition Corp is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in z score category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value OmniLit 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.OmniLit Z Score vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
OmniLit Acquisition |
| = | (787.64 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
OmniLit Acquisition |
| = | -0.2 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
OmniLit Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in OmniLit Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OmniLit Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of OmniLit Acquisition's change in net profit over the period of time. It can combine multiple indicators of OmniLit 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.
OmniLit Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Miami Beach, Florida. Omnilit Acquisition is traded on NASDAQ Exchange in the United States.
OmniLit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on OmniLit 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 OmniLit 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 OmniLit Acquisition's important profitability drivers and their relationship over time.
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| EBITDA vs Working Capital |
Use OmniLit 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 OmniLit 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 OmniLit Acquisition will appreciate offsetting losses from the drop in the long position's value.OmniLit Acquisition Pair Trading
OmniLit Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to OmniLit 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 OmniLit 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 OmniLit 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 OmniLit Acquisition Corp to buy it.
The correlation of OmniLit 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 OmniLit Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OmniLit 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 OmniLit 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 OmniLit Acquisition position
In addition to having OmniLit 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 Electronic Equipment Thematic Idea Now
Electronic Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electronic Equipment theme has 61 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 Electronic Equipment Theme or any other thematic opportunities.
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Check out Your Equity Center 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 estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in OmniLit Stock
If you are still planning to invest in OmniLit 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 OmniLit Acquisition's history and understand the potential risks before investing.
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