Procap Acquisition Corp Stock Fundamentals
| PCAP Stock | 10.19 0.02 0.20% |
ProCap Acquisition's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting ProCap Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. ProCap Acquisition Corp Company Current Valuation Analysis
ProCap Acquisition's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ProCap Acquisition Current Valuation | 327.18 M |
Most of ProCap Acquisition's fundamental indicators, such as Current Valuation, 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, ProCap Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ProCap Acquisition Corp has a Current Valuation of 327.18 M. This is 99.0% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 98.03% higher than that of the company.
ProCap Acquisition Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ProCap Acquisition's current stock value. Our valuation model uses many indicators to compare ProCap Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProCap Acquisition competition to find correlations between indicators driving ProCap Acquisition's intrinsic value. More Info.ProCap Acquisition Corp is rated top company in current valuation category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers . The ratio of Current Valuation to Number Of Shares Shorted for ProCap Acquisition Corp is about 10,116 . Comparative valuation analysis is a catch-all technique that is used if you cannot value ProCap Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ProCap Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProCap Acquisition's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProCap Acquisition could also be used in its relative valuation, which is a method of valuing ProCap Acquisition by comparing valuation metrics of similar companies.ProCap Acquisition is currently under evaluation in current valuation category among its peers.
ProCap Fundamentals
| Current Valuation | 327.18 M | |||
| Number Of Shares Shorted | 32.34 K | |||
| Market Capitalization | 390.68 M |
About ProCap Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProCap Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProCap Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProCap 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.ProCap Acquisition is entity of United States. It is traded as Stock on NASDAQ exchange.
Pair Trading with ProCap 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 ProCap 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 ProCap Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with ProCap Stock
Moving against ProCap Stock
| 0.72 | COHN | Cohen Company Normal Trading | PairCorr |
| 0.56 | HSPT | Horizon Space Acquisition | PairCorr |
| 0.56 | CUAEF | China Shenhua Energy | PairCorr |
| 0.52 | MHTZF | Manhattan Limited | PairCorr |
| 0.51 | TPRP | Tower Properties | PairCorr |
The ability to find closely correlated positions to ProCap 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 ProCap 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 ProCap 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 ProCap Acquisition Corp to buy it.
The correlation of ProCap 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 ProCap Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProCap 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 ProCap 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.Additional Tools for ProCap Stock Analysis
When running ProCap Acquisition's price analysis, check to measure ProCap Acquisition'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 ProCap Acquisition is operating at the current time. Most of ProCap Acquisition's value examination focuses on studying past and present price action to predict the probability of ProCap Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProCap Acquisition's price. Additionally, you may evaluate how the addition of ProCap Acquisition to your portfolios can decrease your overall portfolio volatility.