Belong Acquisition Corp Performance
| BLNGWDelisted Stock | USD 0.0006 0.00 0.00% |
The firm shows a Beta (market volatility) of -1.8, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Belong Acquisition are expected to decrease by larger amounts. On the other hand, during market turmoil, Belong Acquisition is expected to outperform it. Belong Acquisition Corp right now shows a risk of 0.0%. Please confirm Belong Acquisition Corp sortino ratio and the relationship between the downside variance and price action indicator , to decide if Belong Acquisition Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Belong Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, Belong Acquisition is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 1.4 M | |
| Free Cash Flow | 9.2 M |
Belong |
Belong Acquisition Relative Risk vs. Return Landscape
If you would invest 0.06 in Belong Acquisition Corp on September 16, 2024 and sell it today you would earn a total of 0.00 from holding Belong Acquisition Corp or generate 0.0% return on investment over 90 days. Belong Acquisition Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Belong, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Belong Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Belong Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Belong Acquisition Corp, and traders can use it to determine the average amount a Belong Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Belong Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Belong Acquisition by adding Belong Acquisition to a well-diversified portfolio.
Belong Acquisition Fundamentals Growth
Belong Stock prices reflect investors' perceptions of the future prospects and financial health of Belong Acquisition, and Belong Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Belong Stock performance.
| EBITDA | (4.75 M) | |||
| Cash And Equivalents | 25 | |||
| Total Debt | 76.72 K | |||
| Debt To Equity | 3.20 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | 9.21 M | |||
| Total Asset | 52.32 M | |||
| Retained Earnings | (6.18 M) | |||
About Belong Acquisition Performance
Evaluating Belong Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Belong Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Belong Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Belong Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania. Belong Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.Things to note about Belong Acquisition Corp performance evaluation
Checking the ongoing alerts about Belong Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Belong Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Belong Acquisition is not yet fully synchronised with the market data | |
| Belong Acquisition has some characteristics of a very speculative penny stock | |
| Belong Acquisition has a very high chance of going through financial distress in the upcoming years |
- Analyzing Belong Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Belong Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Belong Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Belong Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Belong Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Belong Acquisition's stock. These opinions can provide insight into Belong Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
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 price. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Belong Stock
If you are still planning to invest in Belong 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 Belong Acquisition's history and understand the potential risks before investing.
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