Armada Acquisition Corp Stock Net Income
| XRPN Stock | 10.24 0.03 0.29% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Armada Acquisition's long-term financial health and intrinsic value.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Armada Acquisition Corp Company Net Income Analysis
Armada Acquisition's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Armada Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Armada Acquisition is extremely important. It helps to project a fair market value of Armada Stock properly, considering its historical fundamentals such as Net Income. Since Armada Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Armada Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Armada Acquisition's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Armada Acquisition Corp reported net income of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The net income for all United States stocks is 100.0% higher than that of the company.
Armada Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Armada Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Armada Acquisition could also be used in its relative valuation, which is a method of valuing Armada Acquisition by comparing valuation metrics of similar companies.Armada Acquisition is currently under evaluation in net income category among its peers.
Armada Fundamentals
| Current Valuation | 331.5 M | ||||
| Number Of Shares Shorted | 80.49 K | ||||
| Market Capitalization | 406.94 M |
About Armada Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Armada Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Armada Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Armada Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Armada Acquisition
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 Armada 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 Armada Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with Armada Stock
| 0.63 | FRMI | Fermi Common Stock Buyout Trend | PairCorr |
| 0.88 | MCGA | MCGA Symbol Change | PairCorr |
Moving against Armada Stock
| 0.75 | JOE | St Joe Company | PairCorr |
| 0.74 | PNGZF | Paringa Resources | PairCorr |
| 0.7 | F | Ford Motor Aggressive Push | PairCorr |
| 0.68 | SANM | Sanmina | PairCorr |
| 0.67 | FYBR | Frontier Communications Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Armada 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 Armada 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 Armada 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 Armada Acquisition Corp to buy it.
The correlation of Armada 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 Armada Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armada 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 Armada 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.Check out Armada Acquisition Piotroski F Score and Armada Acquisition Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Armada Acquisition. If investors know Armada will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Armada Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Armada Acquisition Corp is measured differently than its book value, which is the value of Armada that is recorded on the company's balance sheet. Investors also form their own opinion of Armada Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Armada Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Armada Acquisition's market value can be influenced by many factors that don't directly affect Armada Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Armada Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armada Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armada Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.