Byte Acquisition Corp Stock Fundamentals
| BYTSWDelisted Stock | USD 0.21 0.01 5.00% |
BYTE Acquisition Corp fundamentals help investors to digest information that contributes to BYTE Acquisition's financial success or failures. It also enables traders to predict the movement of BYTE Stock. The fundamental analysis module provides a way to measure BYTE 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 BYTE Acquisition stock.
BYTE |
BYTE Acquisition Corp Company Net Income Analysis
BYTE Acquisition's 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.
Current BYTE Acquisition Net Income | 10.63 M |
Most of BYTE Acquisition's fundamental indicators, such as Net Income, 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, BYTE Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, BYTE Acquisition Corp reported net income of 10.63 M. This is much higher than that of the Financial Services sector and significantly higher than that of the Financials industry. The net income for all United States stocks is notably lower than that of the firm.
BYTE Acquisition Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining BYTE Acquisition's current stock value. Our valuation model uses many indicators to compare BYTE Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BYTE Acquisition competition to find correlations between indicators driving BYTE Acquisition's intrinsic value. More Info.BYTE Acquisition Corp is rated second in return on asset category among its peers. It is number one stock in number of shares shorted category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value BYTE 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.BYTE Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BYTE Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BYTE Acquisition could also be used in its relative valuation, which is a method of valuing BYTE Acquisition by comparing valuation metrics of similar companies.BYTE Acquisition is currently under evaluation in net income category among its peers.
BYTE Fundamentals
| Return On Asset | -0.0137 | |||
| Number Of Shares Shorted | 1.35 K | |||
| EBITDA | (13.42 M) | |||
| Net Income | 10.63 M | |||
| Cash Flow From Operations | (608.52 K) | |||
| Market Capitalization | 391.26 M | |||
| Total Asset | 329.41 M | |||
| Retained Earnings | (11.81 M) | |||
| Working Capital | 753.84 K | |||
| Z Score | -0.18 | |||
| Net Asset | 329.41 M |
About BYTE Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BYTE Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BYTE Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BYTE 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.
Also Currently Popular
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 state. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE 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 BYTE Acquisition's history and understand the potential risks before investing.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |