Northview Acquisition Stock Book Value Per Share
NVACR Stock | USD 0.04 0 3.30% |
NorthView Acquisition fundamentals help investors to digest information that contributes to NorthView Acquisition's financial success or failures. It also enables traders to predict the movement of NorthView Stock. The fundamental analysis module provides a way to measure NorthView 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 NorthView Acquisition stock.
Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.95 | 0.90 | |
Tangible Book Value Per Share | 0.95 | 0.90 |
NorthView |
NorthView Acquisition Company Book Value Per Share Analysis
NorthView Acquisition's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current NorthView Acquisition Book Value Per Share | (0.57) X |
Most of NorthView Acquisition's fundamental indicators, such as Book Value Per Share, 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, NorthView Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NorthView Book Value Per Share Historical Pattern
Today, most investors in NorthView Acquisition Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NorthView Acquisition's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NorthView Acquisition book value per share as a starting point in their analysis.
NorthView Acquisition Book Value Per Share |
Timeline |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
In accordance with the recently published financial statements, the book value per share of NorthView Acquisition is about -0.574 times. This is much lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The book value per share for all United States stocks is notably higher than that of the company.
NorthView Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NorthView Acquisition's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NorthView Acquisition could also be used in its relative valuation, which is a method of valuing NorthView Acquisition by comparing valuation metrics of similar companies.NorthView Acquisition is currently under evaluation in book value per share category among its peers.
NorthView Fundamentals
Return On Asset | -0.0998 | ||||
Number Of Shares Shorted | 415 | ||||
Book Value Per Share | (0.57) X | ||||
Beta | 0.032 |
About NorthView Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NorthView Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NorthView Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NorthView Acquisition 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.
Pair Trading with NorthView 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 NorthView 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 NorthView Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against NorthView Stock
0.46 | DX | Dynex Capital | PairCorr |
0.4 | PX | P10 Inc | PairCorr |
0.39 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
0.37 | DIST | Distoken Acquisition | PairCorr |
0.35 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to NorthView 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 NorthView 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 NorthView 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 NorthView Acquisition to buy it.
The correlation of NorthView 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 NorthView Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthView Acquisition 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 NorthView 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.Additional Tools for NorthView Stock Analysis
When running NorthView Acquisition's price analysis, check to measure NorthView 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 NorthView Acquisition is operating at the current time. Most of NorthView Acquisition's value examination focuses on studying past and present price action to predict the probability of NorthView 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 NorthView Acquisition's price. Additionally, you may evaluate how the addition of NorthView Acquisition to your portfolios can decrease your overall portfolio volatility.