Onyx Acquisition Co Buy Hold or Sell Recommendation

ONYXUDelisted Stock  USD 11.31  0.00  0.00%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Onyx Acquisition Co is 'Not Rated'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Onyx Acquisition Co given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Onyx Acquisition Co, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
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 interest.
Note, we conduct extensive research on individual companies such as Onyx and provide practical buy, sell, or hold advice based on investors' constraints. Onyx Acquisition Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Execute Onyx Acquisition Buy or Sell Advice

The Onyx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Onyx Acquisition Co. Macroaxis does not own or have any residual interests in Onyx Acquisition Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Onyx Acquisition's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Onyx AcquisitionBuy Onyx Acquisition
Not Rated
For the selected time horizon Onyx Acquisition Co has a Risk Adjusted Performance of 0.0234, Jensen Alpha of 0.0175, Total Risk Alpha of (0.07) and Treynor Ratio of (0.38)
Our trade recommendations tool can cross-verify current analyst consensus on Onyx Acquisition and to analyze the firm potential to grow in the current economic cycle. To make sure Onyx Acquisition is not overpriced, please check all Onyx Acquisition fundamentals, including its earnings per share, as well as the relationship between the total asset and net asset . Given that Onyx Acquisition has a book value per share of (1.95) X, we recommend you to check out Onyx Acquisition market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Onyx Acquisition Trading Alerts and Improvement Suggestions

Onyx Acquisition is not yet fully synchronised with the market data
Onyx Acquisition has a very high chance of going through financial distress in the upcoming years
Onyx Acquisition Co has accumulated about 512.94 K in cash with (998.36 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.

Onyx Acquisition Returns Distribution Density

The distribution of Onyx Acquisition's historical returns is an attempt to chart the uncertainty of Onyx Acquisition's future price movements. The chart of the probability distribution of Onyx Acquisition daily returns describes the distribution of returns around its average expected value. We use Onyx Acquisition Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Onyx Acquisition returns is essential to provide solid investment advice for Onyx Acquisition.
Mean Return
0.02
Value At Risk
0.00
Potential Upside
0.00
Standard Deviation
0.79
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Onyx Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Onyx Acquisition Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Onyx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Onyx Acquisition Buy or Sell Advice

When is the right time to buy or sell Onyx Acquisition Co? Buying financial instruments such as Onyx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Onyx 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.

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Run Corporate ETFs Thematic Idea Now

Corporate ETFs
Corporate ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 223 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 Corporate ETFs 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 interest.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Onyx Stock

If you are still planning to invest in Onyx 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 Onyx Acquisition's history and understand the potential risks before investing.
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