Nocturne Acquisition Return On Asset vs. Price To Book

MBTCDelisted Stock  USD 11.09  0.00  0.00%   
Considering Nocturne Acquisition's profitability and operating efficiency indicators, Nocturne Acquisition Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in July. Profitability indicators assess Nocturne Acquisition's ability to earn profits and add value for shareholders.
For Nocturne Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nocturne Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nocturne Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nocturne Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nocturne Acquisition Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis 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 estimate.
Please note, there is a significant difference between Nocturne Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nocturne Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nocturne 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.

Nocturne Acquisition Corp Price To Book vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nocturne Acquisition's current stock value. Our valuation model uses many indicators to compare Nocturne Acquisition value to that of its competitors to determine the firm's financial worth.
Nocturne Acquisition Corp is regarded fourth in return on asset category among its peers. It is considered to be number one stock in price to book category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nocturne Acquisition's earnings, one of the primary drivers of an investment's value.

Nocturne Price To Book 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.

Nocturne Acquisition

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0205
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Nocturne Acquisition

P/B

 = 

MV Per Share

BV Per Share

 = 
5.98 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Nocturne Price To Book Comparison

Nocturne Acquisition is currently under evaluation in price to book category among its peers.

Nocturne Acquisition Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nocturne Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nocturne Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Nocturne Acquisition's change in net profit over the period of time. It can combine multiple indicators of Nocturne Acquisition, 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.
Nocturne Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in Wilmington, Delaware. Nocturne Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Nocturne Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nocturne Acquisition. 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 Nocturne Acquisition 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 Nocturne Acquisition's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Nocturne Acquisition without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Nocturne Acquisition position

In addition to having Nocturne Acquisition 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.

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Treasury ETFs
Treasury ETFs Theme
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Check out Correlation Analysis 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 estimate.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Nocturne Stock

If you are still planning to invest in Nocturne Acquisition Corp 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 Nocturne Acquisition's history and understand the potential risks before investing.
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