Data Knights Acquisition Alpha and Beta Analysis
| DKDCADelisted Stock | USD 11.05 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Data Knights Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Data Knights over a specified time horizon. Remember, high Data Knights' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Data Knights' market risk premium analysis include:
Beta (0.03) | Alpha 0.042 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Data |
Data Knights Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Data Knights market risk premium is the additional return an investor will receive from holding Data Knights long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Data Knights. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Data Knights' performance over market.| α | 0.04 | β | -0.03 |
Data Knights Fundamentals Vs Peers
Comparing Data Knights' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Data Knights' direct or indirect competition across all of the common fundamentals between Data Knights and the related equities. This way, we can detect undervalued stocks with similar characteristics as Data Knights or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Data Knights' fundamental indicators could also be used in its relative valuation, which is a method of valuing Data Knights by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Data Knights to competition |
| Fundamentals | Data Knights | Peer Average |
| Return On Asset | -0.0382 | -0.14 |
| Current Valuation | 62.4 M | 16.62 B |
| Shares Outstanding | 2.3 M | 571.82 M |
| Shares Owned By Insiders | 17.64 % | 10.09 % |
| Shares Owned By Institutions | 82.50 % | 39.21 % |
| Number Of Shares Shorted | 5.25 K | 4.71 M |
| Price To Book | 1.40 X | 9.51 X |
Data Knights Opportunities
Data Knights Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Embark Technology goes private in 71M deal - FreightWaves | 05/25/2023 |
2 | Intercontinental Up 18.7 percent in a Year More Room to Run - Yahoo Finance | 07/03/2023 |
3 | TSX Declines as China Data Pressures Commodities By Investing.com - Investing.com Canada | 07/17/2023 |
About Data Knights Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Data or other delisted stocks. Alpha measures the amount that position in Data Knights Acquisition has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Data Knights Upcoming Company Events
As portrayed in its financial statements, the presentation of Data Knights' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Data Knights' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Data Knights' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Data Knights. Please utilize our Beneish M Score to check the likelihood of Data Knights' management manipulating its earnings.
| 17th of November 2023 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
Build Portfolio with Data Knights
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Data Stock
If you are still planning to invest in Data Knights Acquisition 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 Data Knights' history and understand the potential risks before investing.
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