Digital World Acquisition Corp - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization 875.29M
Operating cash flow -2.08M
ESG Scores unknown

Company description

Digital World Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify on technology-focused companies in the SaaS and technology, or fintech and financial services sector in the Americas. Digital World Acquisition Corp. was incorporated in 2020 and is based in Miami, Florida.

Sector: Financial Services - Industry: Shell Companies

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -293.25M
Net Borrowings
Total Cash From Financing Activities 294.69M
Change To Operating Activities 277.51k
Issuance Of Stock 287.52M
Net Income -1.38M
Change In Cash 327.73k
Effect Of Exchange Rate
Total Cash From Operating Activities -1.11M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities 7.17M
Change To Netincome -7.1k
Capital Expenditures

Income Statement 2021-12-31
Research Development
Income Before Tax -1.38M
Net Income -1.38M
Selling General Administrative 1.19M
Gross Profit
Ebit -1.39M
Operating Income -1.39M
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 7.1k
Net Income From Continuing Ops -1.38M
Net Income Applicable To Common Shares -1.38M

Balance Sheet Statement 2021-12-31
Total Liabilities 304M
Total Stockholder Equity -10.01M
Other Current Liabilities
Total Assets 293.99M
Common Stock 846
Other Current Assets
Retained Earnings -10.01M
Treasury Stock
Cash 327.73k
Total Current Liabilities 683.53k
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 568.7k
Net Tangible Assets -10.01M
Net Receivables
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Digital World Acquisition Corp - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Digital World Acquisition Corp - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Digital World Acquisition Corp - Class A

Here is the result of two systematic investment strategies applied to Digital World Acquisition Corp - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Digital World Acquisition Corp - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Digital World Acquisition Corp - Class A:

Digital World Acquisition Corp - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 146.65% on the backtest period.

Performance at glance

Performance

146.65 %

Latent gain

1090.79 $

Invested capital

743.79 $

Annualized return

86.26 %
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Momentum strategy results on Digital World Acquisition Corp - Class A

This is the result of two momentum investment strategies applied to Digital World Acquisition Corp - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Digital World Acquisition Corp - Class A

The following chart shows all the entries opened by the momentum investment system on Digital World Acquisition Corp - Class A:

Digital World Acquisition Corp - Class A momentum entries
  • The first momentum investment strategy would give 140.03% of return on Digital World Acquisition Corp - Class A. That represents 2796.51$ of latent gain with 1997.07$ of employed capital.
  • The second momentum investment strategy would give 140.07% of return on Digital World Acquisition Corp - Class A. That represents 2796.88$ of latent gain with 1996.7$ of employed capital.
Performance at glance (1Q Momentum)

Performance

140.03 %

Latent gain

2796.51 $

Invested capital

1997.07 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

140.07 %

Latent gain

2796.88 $

Invested capital

1996.7 $

Annualized return

114.81 %

Momentum equity curve on Digital World Acquisition Corp - Class A

The following chart shows the equity curve of the two momentum strategies applied to Digital World Acquisition Corp - Class A:

Digital World Acquisition Corp - Class A momentum equity

Note: the dividends potentially given by Digital World Acquisition Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Digital World Acquisition Corp - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Digital World Acquisition Corp - Class A since the beginning:

Digital World Acquisition Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Digital World Acquisition Corp - Class A

Buy the dip entry openings on Digital World Acquisition Corp - Class A

Digital World Acquisition Corp - Class A

The performance achieved by the robo-advisor on Digital World Acquisition Corp - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Digital World Acquisition Corp - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Digital World Acquisition Corp - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Digital World Acquisition Corp - Class A

The following chart shows the result of the investment strategy applied to Digital World Acquisition Corp - Class A:

Digital World Acquisition Corp - Class A

Note: the dividends potentially given by Digital World Acquisition Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Digital World Acquisition Corp - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Digital World Acquisition Corp - Class A:

Digital World Acquisition Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Digital World Acquisition Corp - Class A

In this section, I will compare the three previous investment strategies applied to Digital World Acquisition Corp - Class A.

Equity curve comparison on Digital World Acquisition Corp - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Digital World Acquisition Corp - Class A investment strategy comparison

Employed capital comparison on Digital World Acquisition Corp - Class A

Digital World Acquisition Corp - Class A investment comparison

Performance comparison on Digital World Acquisition Corp - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 146.65% 1090.79$ 743.79$ 86.26%
Momentum 1 quarter 140.03% 2796.51$ 1997.07$ 95.91%
Momentum 2 quarters 140.07% 2796.88$ 1996.7$ 114.81%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

86.26 %

Momentum 1Q

114.81 %

Momentum 2Q

114.81 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Digital World Acquisition Corp - Class A:

Positive correlations

Most correlated stocks this year

  • Digital World Acquisition Corp - Class A

  • Most correlated stocks last 3 months

  • Digital World Acquisition Corp - Class A

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • STAR DIAMOND CORPORATION

  • Note: The algorithm computes the probability of correlation between Digital World Acquisition Corp - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Digital World Acquisition Corp - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Digital World Acquisition Corp - Class A
    Country United States
    City Miami
    Address 78 SW 7th Street
    Phone 305-735-1517
    Website www.dwacspac.com
    FullTime employees
    Industry Shell Companies
    Sector Financial Services
    Exchange XNAS
    Ticker DWAC
    Market www.nasdaq.com

    Digital World Acquisition Corp - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown