Arrowroot Acquisition Corp Stock Beta
ARRWWDelisted Stock | USD 0.20 0.00 0.00% |
Arrowroot Acquisition Corp fundamentals help investors to digest information that contributes to Arrowroot Acquisition's financial success or failures. It also enables traders to predict the movement of Arrowroot Stock. The fundamental analysis module provides a way to measure Arrowroot Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Arrowroot Acquisition stock.
Arrowroot |
Arrowroot Acquisition Corp Company Beta Analysis
Arrowroot Acquisition's 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.
Current Arrowroot Acquisition Beta | 0.022 |
Most of Arrowroot Acquisition's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Arrowroot Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionIn accordance with the recently published financial statements, Arrowroot Acquisition Corp has a Beta of 0.022. This is much higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
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As returns on the market increase, Arrowroot Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arrowroot Acquisition is expected to be smaller as well.
Arrowroot Fundamentals
Return On Asset | -0.0203 | |||
Number Of Shares Shorted | 67.85 K | |||
EBITDA | (5.49 M) | |||
Net Income | (5.85 M) | |||
Total Debt | 4.8 M | |||
Current Ratio | 0.25 X | |||
Cash Flow From Operations | (3.53 M) | |||
Beta | 0.022 | |||
Market Capitalization | 348.23 M | |||
Total Asset | 47 M | |||
Retained Earnings | (24.49 M) | |||
Working Capital | (12.61 M) | |||
Net Asset | 47 M |
About Arrowroot Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Arrowroot Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arrowroot Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Arrowroot Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities 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 housing. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Arrowroot Stock
If you are still planning to invest in Arrowroot 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 Arrowroot Acquisition's history and understand the potential risks before investing.
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