SportsMap Tech Return On Asset vs. EBITDA
| SMAPWDelisted Stock | USD 0.03 0 11.23% |
For SportsMap Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SportsMap Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SportsMap Tech Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SportsMap Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SportsMap Tech Acquisition over time as well as its relative position and ranking within its peers.
SportsMap |
SportsMap Tech Acqui EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SportsMap Tech's current stock value. Our valuation model uses many indicators to compare SportsMap Tech value to that of its competitors to determine the firm's financial worth. SportsMap Tech Acquisition is rated second in return on asset category among its peers. It is currently regarded as top stock in ebitda category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value SportsMap Tech 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.SportsMap EBITDA vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
SportsMap Tech |
| = | -0.0179 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
SportsMap Tech |
| = | (1.39 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
SportsMap EBITDA Comparison
SportsMap Tech is currently under evaluation in ebitda category among its peers.
SportsMap Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SportsMap Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SportsMap Tech will eventually generate negative long term returns. The profitability progress is the general direction of SportsMap Tech's change in net profit over the period of time. It can combine multiple indicators of SportsMap Tech, 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.
SportsMap Tech Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Houston, Texas. Sportsmap Tech is traded on NASDAQ Exchange in the United States.
SportsMap Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SportsMap Tech. 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 SportsMap Tech 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 SportsMap Tech's important profitability drivers and their relationship over time.
Use SportsMap Tech 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 SportsMap Tech 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 SportsMap Tech will appreciate offsetting losses from the drop in the long position's value.SportsMap Tech Pair Trading
SportsMap Tech Acquisition Pair Trading Analysis
The ability to find closely correlated positions to SportsMap Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SportsMap Tech 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 SportsMap Tech - 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 SportsMap Tech Acquisition to buy it.
The correlation of SportsMap Tech 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 SportsMap Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SportsMap Tech Acqui 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 SportsMap Tech 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 SportsMap Tech position
In addition to having SportsMap Tech 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 Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 37 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 Communication Services Theme or any other thematic opportunities.
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Check out World Market Map 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 american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in SportsMap Stock
If you are still planning to invest in SportsMap Tech Acqui 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 SportsMap Tech's history and understand the potential risks before investing.
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