Papaya Growth Opportunity Stock Year To Date Return
| PPYAU Stock | USD 10.95 0.06 0.54% |
Papaya Growth Opportunity fundamentals help investors to digest information that contributes to Papaya Growth's financial success or failures. It also enables traders to predict the movement of Papaya Stock. The fundamental analysis module provides a way to measure Papaya Growth'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 Papaya Growth stock.
Papaya |
Papaya Growth Opportunity Company Year To Date Return Analysis
Papaya Growth's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Papaya Year To Date Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Papaya Growth is extremely important. It helps to project a fair market value of Papaya Stock properly, considering its historical fundamentals such as Year To Date Return. Since Papaya Growth'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 Papaya Growth'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 Papaya Growth's interrelated accounts and indicators.
Click cells to compare fundamentals
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Papaya Return On Tangible Assets
Return On Tangible Assets |
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Based on the company's disclosures, Papaya Growth Opportunity has a Year To Date Return of 0.0%. This indicator is about the same for the Capital Markets average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Papaya Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Papaya Growth's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Papaya Growth could also be used in its relative valuation, which is a method of valuing Papaya Growth by comparing valuation metrics of similar companies.Papaya Growth is currently under evaluation in year to date return category among related companies.
Papaya Growth 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, Papaya Growth's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Papaya Growth's managers, analysts, and investors.Environmental | Governance | Social |
Papaya Fundamentals
| Return On Asset | -0.0081 | |||
| Current Valuation | 92.84 M | |||
| Shares Owned By Institutions | 0.02 % | |||
| EBITDA | (2.11 M) | |||
| Net Income | 11.37 M | |||
| Cash And Equivalents | 1.19 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 2.62 M | |||
| Debt To Equity | 3.12 % | |||
| Current Ratio | 0.08 X | |||
| Book Value Per Share | (1.83) X | |||
| Cash Flow From Operations | (4.36 M) | |||
| Beta | -0.029 | |||
| Total Asset | 25.66 M | |||
| Retained Earnings | (20.53 M) | |||
| Working Capital | (21.07 M) | |||
| Net Asset | 25.66 M |
About Papaya Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Papaya Growth Opportunity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Papaya Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Papaya Growth Opportunity 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 Papaya Growth
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 Papaya Growth 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 Papaya Growth will appreciate offsetting losses from the drop in the long position's value.Moving against Papaya Stock
| 0.63 | AMK | AssetMark Financial | PairCorr |
| 0.59 | MA | Mastercard | PairCorr |
The ability to find closely correlated positions to Papaya Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Papaya Growth 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 Papaya Growth - 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 Papaya Growth Opportunity to buy it.
The correlation of Papaya Growth 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 Papaya Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Papaya Growth 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 Papaya Growth 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 Papaya Growth Piotroski F Score and Papaya Growth Altman Z Score analysis. Note that the Papaya Growth Opportunity information on this page should be used as a complementary analysis to other Papaya Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Papaya Stock analysis
When running Papaya Growth's price analysis, check to measure Papaya Growth'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 Papaya Growth is operating at the current time. Most of Papaya Growth's value examination focuses on studying past and present price action to predict the probability of Papaya Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papaya Growth's price. Additionally, you may evaluate how the addition of Papaya Growth to your portfolios can decrease your overall portfolio volatility.
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Is Papaya Growth's industry 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 Papaya Growth. If investors know Papaya 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 Papaya Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Return On Assets (0.01) |
The market value of Papaya Growth Opportunity is measured differently than its book value, which is the value of Papaya that is recorded on the company's balance sheet. Investors also form their own opinion of Papaya Growth's value that differs from its market value or its book value, called intrinsic value, which is Papaya Growth'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 Papaya Growth's market value can be influenced by many factors that don't directly affect Papaya Growth'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 Papaya Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Papaya Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papaya Growth'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.