Bruce Hack - PowerUp Acquisition Ex Chairman

PWUP Stock  USD 11.43  0.07  0.61%   

Insider

Bruce Hack is Ex Chairman of PowerUp Acquisition Corp
Age 75
Address 188 Grand Street, New York, NY, United States, 10013
Phone347 313 8109
Webhttps://www.powerupacq.com

PowerUp Acquisition Management Efficiency

The company has return on total asset (ROA) of (0.1709) % which means that it has lost $0.1709 on every $100 spent on assets. This is way below average. PowerUp Acquisition's management efficiency ratios could be used to measure how well PowerUp Acquisition manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PowerUp Acquisition's Return On Tangible Assets are relatively stable compared to the past year. As of 12/14/2024, Return On Assets is likely to grow to 0.23, though Return On Capital Employed is likely to grow to (0.07). As of 12/14/2024, Change To Liabilities is likely to grow to about 299.7 K, while Total Current Liabilities is likely to drop slightly above 366.8 K.
PowerUp Acquisition Corp currently holds 12.38 K in liabilities. PowerUp Acquisition Corp has a current ratio of 8.08, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about PowerUp Acquisition's use of debt, we should always consider it together with its cash and equity.
PowerUp Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York. Powerup Acquisition is traded on NASDAQ Exchange in the United States. PowerUp Acquisition Corp (PWUP) is traded on NASDAQ Exchange in USA. It is located in 188 Grand Street, New York, NY, United States, 10013 and employs 7 people. PowerUp Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

PowerUp Acquisition Corp Leadership Team

Elected by the shareholders, the PowerUp Acquisition's board of directors comprises two types of representatives: PowerUp Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PowerUp. The board's role is to monitor PowerUp Acquisition's management team and ensure that shareholders' interests are well served. PowerUp Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PowerUp Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
Howard Doss, Chief Officer
Bruce Hack, Ex Chairman
Jack Tretton, CEO Director
Michael Olson, Chief Officer
Surendra Ajjarapu, CEO Chairman
Matthew Ball, Chief Officer
Gabriel Schillinger, President

PowerUp Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PowerUp Acquisition a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with PowerUp Acquisition

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 PowerUp 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 PowerUp Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving against PowerUp Stock

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The ability to find closely correlated positions to PowerUp 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 PowerUp 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 PowerUp 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 PowerUp Acquisition Corp to buy it.
The correlation of PowerUp 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 PowerUp Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PowerUp 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 PowerUp 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.
Pair CorrelationCorrelation Matching

Additional Tools for PowerUp Stock Analysis

When running PowerUp Acquisition's price analysis, check to measure PowerUp Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PowerUp Acquisition is operating at the current time. Most of PowerUp Acquisition's value examination focuses on studying past and present price action to predict the probability of PowerUp Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerUp Acquisition's price. Additionally, you may evaluate how the addition of PowerUp Acquisition to your portfolios can decrease your overall portfolio volatility.