Dune Acquisition Price To Earning vs. Market Capitalization
| DUNEUDelisted Stock | USD 9.99 0.00 0.00% |
For Dune Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dune Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dune Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dune Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dune Acquisition Corp over time as well as its relative position and ranking within its peers.
Dune |
Dune Acquisition Corp Market Capitalization vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Dune Acquisition's current stock value. Our valuation model uses many indicators to compare Dune Acquisition value to that of its competitors to determine the firm's financial worth. Dune Acquisition Corp is rated # 2 in price to earning category among its peers. It is rated below average in market capitalization category among its peers creating about 2,779,696 of Market Capitalization per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value Dune 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.Dune Market Capitalization vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Dune Acquisition |
| = | 76.02 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Dune Acquisition |
| = | 211.31 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Dune Market Capitalization vs Competition
Dune Acquisition Corp is rated below average in market capitalization category among its peers. Market capitalization of Financials industry is currently estimated at about 2.49 Billion. Dune Acquisition holds roughly 211.31 Million in market capitalization claiming about 8% of equities under Financials industry.
Dune Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Dune Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dune Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Dune Acquisition's change in net profit over the period of time. It can combine multiple indicators of Dune Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Dune Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in West Palm Beach, Florida. Dune Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Dune Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Dune Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dune Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dune Acquisition's important profitability drivers and their relationship over time.
Use Dune Acquisition in pair-trading
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 Dune 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 Dune Acquisition will appreciate offsetting losses from the drop in the long position's value.Dune Acquisition Pair Trading
Dune Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Dune 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 Dune 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 Dune 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 Dune Acquisition Corp to buy it.
The correlation of Dune 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 Dune Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dune Acquisition Corp 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 Dune 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.Use Investing Themes to Complement your Dune Acquisition position
In addition to having Dune Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Artificial Intelligence Thematic Idea Now
Artificial Intelligence
Technology companies, funds, and ETFs across multiple industries that are involved in research or development in the field of reasoning, learning, natural language processing and perception as well as its application to science and commerce. This theme may also include entities involved in cybernetics and cognitive brain simulation field. The Artificial Intelligence theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Dune Stock
If you are still planning to invest in Dune 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 Dune Acquisition's history and understand the potential risks before investing.
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