Elliott Opportunity Book Value Per Share vs. Retained Earnings
| EOCWDelisted Stock | USD 10.36 0.02 0.19% |
For Elliott Opportunity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elliott Opportunity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elliott Opportunity II utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elliott Opportunity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elliott Opportunity II over time as well as its relative position and ranking within its peers.
Elliott |
Elliott Opportunity Retained Earnings vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elliott Opportunity's current stock value. Our valuation model uses many indicators to compare Elliott Opportunity value to that of its competitors to determine the firm's financial worth. Elliott Opportunity II is one of the top stocks in book value per share category among its peers. It is rated # 2 in retained earnings category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Elliott Opportunity 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.Elliott Retained Earnings vs. Book Value Per Share
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.
Elliott Opportunity |
| = | (0.32) X |
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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Elliott Opportunity |
| = | (23.91 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Elliott Retained Earnings Comparison
Elliott Opportunity is currently under evaluation in retained earnings category among its peers.
Elliott Opportunity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elliott Opportunity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elliott Opportunity will eventually generate negative long term returns. The profitability progress is the general direction of Elliott Opportunity's change in net profit over the period of time. It can combine multiple indicators of Elliott Opportunity, 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.
Elliott Opportunity II Corp. does not have significant operations. The company was incorporated in 2021 and is based in West Palm Beach, Florida. Elliott Opportunity operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
Elliott Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elliott Opportunity. 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 Elliott Opportunity 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 Elliott Opportunity's important profitability drivers and their relationship over time.
Use Elliott Opportunity 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 Elliott Opportunity 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 Elliott Opportunity will appreciate offsetting losses from the drop in the long position's value.Elliott Opportunity Pair Trading
Elliott Opportunity II Pair Trading Analysis
The ability to find closely correlated positions to Elliott Opportunity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elliott Opportunity 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 Elliott Opportunity - 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 Elliott Opportunity II to buy it.
The correlation of Elliott Opportunity 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 Elliott Opportunity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elliott Opportunity 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 Elliott Opportunity 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 Elliott Opportunity position
In addition to having Elliott Opportunity 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery 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 main economic indicators. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Elliott Stock
If you are still planning to invest in Elliott Opportunity 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 Elliott Opportunity's history and understand the potential risks before investing.
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