TLGY Acquisition Number Of Shares Shorted vs. Total Asset
Considering TLGY Acquisition's profitability and operating efficiency indicators, TLGY Acquisition Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess TLGY Acquisition's ability to earn profits and add value for shareholders.
Check out World Market Map 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 manufacturing.
Please note, there is a significant difference between TLGY Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if TLGY Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TLGY 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.
For TLGY Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TLGY Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TLGY Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TLGY Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TLGY Acquisition Corp over time as well as its relative position and ranking within its peers.
TLGY |
TLGY Acquisition Corp Total Asset vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TLGY Acquisition's current stock value. Our valuation model uses many indicators to compare TLGY Acquisition value to that of its competitors to determine the firm's financial worth. TLGY Acquisition Corp is currently regarded as top stock in number of shares shorted category among its peers. It is rated fourth in total asset category among its peers fabricating about 20,588 of Total Asset per Number Of Shares Shorted. Comparative valuation analysis is a catch-all technique that is used if you cannot value TLGY 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.TLGY Total Asset vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
TLGY Acquisition |
| = | 3.21 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
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.
TLGY Acquisition |
| = | 66 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.
TLGY Total Asset Comparison
TLGY Acquisition is currently under evaluation in total asset category among its peers.
TLGY Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TLGY Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TLGY Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of TLGY Acquisition's change in net profit over the period of time. It can combine multiple indicators of TLGY 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.
TLGY Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in Wilmington, Delaware. Tlgy Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
TLGY Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TLGY 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 TLGY 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 TLGY Acquisition's important profitability drivers and their relationship over time.
Use TLGY 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 TLGY 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 TLGY Acquisition will appreciate offsetting losses from the drop in the long position's value.TLGY Acquisition Pair Trading
TLGY Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to FirstEnergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstEnergy 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 FirstEnergy - 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 FirstEnergy to buy it.
The correlation of FirstEnergy 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 FirstEnergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstEnergy 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 FirstEnergy 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 TLGY Acquisition position
In addition to having TLGY 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Check out World Market Map 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 manufacturing. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in TLGY Stock
If you are still planning to invest in TLGY 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 TLGY Acquisition's history and understand the potential risks before investing.
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