Embrace Change Acquisition Stock Current Ratio
| EMCGU Stock | USD 11.83 0.00 0.00% |
Embrace Change Acquisition fundamentals help investors to digest information that contributes to Embrace Change's financial success or failures. It also enables traders to predict the movement of Embrace Stock. The fundamental analysis module provides a way to measure Embrace Change's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Embrace Change stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.31 | 2.43 |
Embrace |
Embrace Change Acquisition Company Current Ratio Analysis
Embrace Change's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Embrace Change Current Ratio | 14.47 X |
Most of Embrace Change's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Embrace Change Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Embrace Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Embrace Change is extremely important. It helps to project a fair market value of Embrace Stock properly, considering its historical fundamentals such as Current Ratio. Since Embrace Change'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 Embrace Change'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 Embrace Change's interrelated accounts and indicators.
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Embrace Current Ratio Historical Pattern
Today, most investors in Embrace Change Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Embrace Change's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Embrace Change current ratio as a starting point in their analysis.
Embrace Change Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Embrace Change Acquisition has a Current Ratio of 14.47 times. This is 257.28% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is notably lower than that of the firm.
Embrace Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Embrace Change's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Embrace Change could also be used in its relative valuation, which is a method of valuing Embrace Change by comparing valuation metrics of similar companies.Embrace Change is currently under evaluation in current ratio category among its peers.
Embrace Change ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Embrace Change's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Embrace Change's managers, analysts, and investors.Environmental | Governance | Social |
Embrace Fundamentals
| Return On Asset | -0.0083 | ||||
| Current Valuation | 87.82 M | ||||
| Shares Owned By Insiders | 19.28 % | ||||
| Shares Owned By Institutions | 0.73 % | ||||
| Net Income | 410.65 K | ||||
| Cash And Equivalents | 479.41 K | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 147.28 K | ||||
| Debt To Equity | 6.76 % | ||||
| Current Ratio | 14.47 X | ||||
| Book Value Per Share | (0.42) X | ||||
| Cash Flow From Operations | (197.51 K) | ||||
| Total Asset | 76.94 M | ||||
| Retained Earnings | (2.34 M) | ||||
| Working Capital | 246.48 K | ||||
| Net Asset | 76.94 M |
About Embrace Change Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Embrace Change Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Embrace Change using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Embrace Change Acquisition 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 Embrace Change
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 Embrace Change 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 Embrace Change will appreciate offsetting losses from the drop in the long position's value.Moving against Embrace Stock
| 0.83 | MA | Mastercard | PairCorr |
| 0.67 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
| 0.67 | CG | Carlyle Group | PairCorr |
| 0.59 | AB | AllianceBernstein | PairCorr |
| 0.54 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
The ability to find closely correlated positions to Embrace Change could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Embrace Change 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 Embrace Change - 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 Embrace Change Acquisition to buy it.
The correlation of Embrace Change 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 Embrace Change moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Embrace Change 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 Embrace Change 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.Additional Tools for Embrace Stock Analysis
When running Embrace Change's price analysis, check to measure Embrace Change's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Embrace Change is operating at the current time. Most of Embrace Change's value examination focuses on studying past and present price action to predict the probability of Embrace Change's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Embrace Change's price. Additionally, you may evaluate how the addition of Embrace Change to your portfolios can decrease your overall portfolio volatility.