Yotta Acquisition Corp Stock Market Value
| YOTAU Stock | USD 11.34 0.15 1.34% |
| Symbol | Yotta |
Yotta Acquisition Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Yotta Acquisition. If investors know Yotta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Yotta Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.177 | Return On Assets (0.01) |
The market value of Yotta Acquisition Corp is measured differently than its book value, which is the value of Yotta that is recorded on the company's balance sheet. Investors also form their own opinion of Yotta Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Yotta Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Yotta Acquisition's market value can be influenced by many factors that don't directly affect Yotta Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Yotta Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yotta Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yotta Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Yotta Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Yotta Acquisition's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Yotta Acquisition.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Yotta Acquisition on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Yotta Acquisition Corp or generate 0.0% return on investment in Yotta Acquisition over 30 days. Yotta Acquisition is related to or competes with Oatly Group, ScanSource, National Beverage, Vita Coco, HE Equipment, Avis Budget, and Boston Beer. Yotta Acquisition Corporation focuses on entering into a merger, share exchange, asset acquisition, stock purchase, reca... More
Yotta Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Yotta Acquisition's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Yotta Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.81 |
Yotta Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yotta Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yotta Acquisition's standard deviation. In reality, there are many statistical measures that can use Yotta Acquisition historical prices to predict the future Yotta Acquisition's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.07) |
Yotta Acquisition Corp Backtested Returns
Currently, Yotta Acquisition Corp is very steady. Yotta Acquisition Corp shows Sharpe Ratio of 0.0248, which attests that the company had a 0.0248% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Yotta Acquisition Corp, which you can use to evaluate the volatility of the company. Please check out Yotta Acquisition's Standard Deviation of 1.05, market risk adjusted performance of (1.06), and Mean Deviation of 0.2232 to validate if the risk estimate we provide is consistent with the expected return of 0.0264%. Yotta Acquisition has a performance score of 1 on a scale of 0 to 100. The firm maintains a market beta of -0.0145, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yotta Acquisition are expected to decrease at a much lower rate. During the bear market, Yotta Acquisition is likely to outperform the market. Yotta Acquisition Corp right now maintains a risk of 1.07%. Please check out Yotta Acquisition Corp variance, as well as the relationship between the kurtosis and price action indicator , to decide if Yotta Acquisition Corp will be following its historical returns.
Auto-correlation | 0.00 |
No correlation between past and present
Yotta Acquisition Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Yotta Acquisition time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yotta Acquisition Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Yotta Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Yotta Acquisition Corp lagged returns against current returns
Autocorrelation, which is Yotta Acquisition stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Yotta Acquisition's stock expected returns. We can calculate the autocorrelation of Yotta Acquisition returns to help us make a trade decision. For example, suppose you find that Yotta Acquisition has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Yotta Acquisition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Yotta Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yotta Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yotta Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Yotta Acquisition Lagged Returns
When evaluating Yotta Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yotta Acquisition stock have on its future price. Yotta Acquisition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Yotta Acquisition autocorrelation shows the relationship between Yotta Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Yotta Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Yotta Stock Analysis
When running Yotta Acquisition's price analysis, check to measure Yotta 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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta 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 Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.