Power Digital Beta vs. Net Income
Taking into consideration Power Digital's profitability measurements, Power Digital Infrastructure 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 Power Digital's ability to earn profits and add value for shareholders.
Check out Your Current Watchlist 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 bureau of labor statistics.
Please note, there is a significant difference between Power Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Digital'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 Power Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Power Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Power Digital Infrastructure utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Power Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Power Digital Infrastructure over time as well as its relative position and ranking within its peers.
Power |
Power Digital Infras Net Income vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Power Digital's current stock value. Our valuation model uses many indicators to compare Power Digital value to that of its competitors to determine the firm's financial worth. Power Digital Infrastructure is rated fourth in beta category among its peers. It is rated fourth in net income category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Power Digital 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.Power Net Income vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Power Digital |
| = | -0.022 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
Power Digital |
| = | 1.24 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.
Power Net Income Comparison
Power Digital is currently under evaluation in net income category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Power Digital are expected to decrease at a much lower rate. During the bear market, Power Digital is likely to outperform the market.
Power Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Power Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Power Digital will eventually generate negative long term returns. The profitability progress is the general direction of Power Digital's change in net profit over the period of time. It can combine multiple indicators of Power Digital, 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.
Power Digital Infrastructure Acquisition II Corp. intends to focus on identifying a prospective target business in North America within the renewable and transition energy sector. The company was incorporated in 2021 and is based in Chicago, Illinois. Power Digital is traded on NASDAQ Exchange in the United States.
Power Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Power Digital. 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 Power Digital 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 Power Digital's important profitability drivers and their relationship over time.
Use Power Digital 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 Power Digital 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 Power Digital will appreciate offsetting losses from the drop in the long position's value.Power Digital Pair Trading
Power Digital Infrastructure Pair Trading Analysis
The ability to find closely correlated positions to CMS Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMS Energy 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 CMS Energy - 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 CMS Energy to buy it.
The correlation of CMS Energy 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 CMS Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMS Energy 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 CMS Energy 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 Power Digital position
In addition to having Power Digital 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 Treasury ETFs Thematic Idea Now
Treasury ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Treasury ETFs theme has 124 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 Treasury ETFs Theme or any other thematic opportunities.
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Check out Your Current Watchlist 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 bureau of labor statistics. 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 Power Stock
If you are still planning to invest in Power Digital Infras 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 Power Digital's history and understand the potential risks before investing.
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