Far Peak 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 0.11
Market capitalization 711.45M
Operating cash flow 1.56M
ESG Scores unknown

Company description

Far Peak Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.

Sector: Financial Services - Industry: Shell Companies

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2021-09-30 2022-09-30
Change To Liabilities 32.15k 40.19k
Total Cashflows From Investing Activities -654.55M
Net Borrowings -213.16k
Total Cash From Financing Activities 657.39M 300k
Change To Operating Activities 4.92M 5.85M
Issuance Of Stock 666M 300k
Net Income -5.12M 54.73M
Change In Cash 188.13k 2.05M
Effect Of Exchange Rate
Total Cash From Operating Activities -2.66M 1.75M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities -8.39M
Change To Netincome -2.49M -58.87M
Capital Expenditures

Income Statement 2021-09-30 2022-09-30
Research Development
Income Before Tax -5.12M 54.73M
Net Income -5.12M 54.73M
Selling General Administrative 7.65M 6.64M
Gross Profit
Ebit -7.65M -6.64M
Operating Income -7.65M -6.64M
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 2.52M 61.37M
Net Income From Continuing Ops -5.12M 54.73M
Net Income Applicable To Common Shares -5.12M 54.73M

Balance Sheet Statement 2021-09-30 2022-09-30
Total Liabilities 667.73M 619.48M
Total Stockholder Equity -66.71M -14.49M
Other Current Liabilities
Total Assets 601.02M 604.99M
Common Stock 975 975
Other Current Assets
Retained Earnings -66.71M -14.49M
Treasury Stock
Cash 172.45k 2.22M
Total Current Liabilities 5.18M 10.51M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 815.37k 2.3M
Net Tangible Assets -66.71M -14.49M
Net Receivables
Accounts Payable 29.47k 69.67k


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
GLAZER CAPITAL, L.L.C.Sale at price 10.32 per share.I2020-05-15Beneficial Owner of more than 10% of a Class of Security3.16M

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 Far Peak 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 Far Peak Acquisition Corp - Class A

Here is the result of two systematic investment strategies applied to Far Peak 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 Far Peak Acquisition Corp - Class A

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

Far Peak Acquisition Corp - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.07% on the backtest period.

Performance at glance

Performance

0.07 %

Latent gain

0.89 $

Invested capital

1247.86 $

Annualized return

0.02 %
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Momentum strategy results on Far Peak Acquisition Corp - Class A

This is the result of two momentum investment strategies applied to Far Peak 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 Far Peak Acquisition Corp - Class A

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

Far Peak Acquisition Corp - Class A momentum entries
  • The first momentum investment strategy would give 0.98% of return on Far Peak Acquisition Corp - Class A. That represents 39.51$ of latent gain with 4016.43$ of employed capital.
  • The second momentum investment strategy would give 0.18% of return on Far Peak Acquisition Corp - Class A. That represents 3.21$ of latent gain with 1745.04$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0.98 %

Latent gain

39.51 $

Invested capital

4016.43 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

0.18 %

Latent gain

3.21 $

Invested capital

1745.04 $

Annualized return

0.07 %

Momentum equity curve on Far Peak Acquisition Corp - Class A

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

Far Peak Acquisition Corp - Class A momentum equity

Note: the dividends potentially given by Far Peak 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 Far Peak Acquisition Corp - Class A

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

Far Peak 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 Far Peak Acquisition Corp - Class A

Buy the dip entry openings on Far Peak Acquisition Corp - Class A

Far Peak Acquisition Corp - Class A

The performance achieved by the robo-advisor on Far Peak Acquisition Corp - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Far Peak 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 Far Peak 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 Far Peak Acquisition Corp - Class A

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

Far Peak Acquisition Corp - Class A

Note: the dividends potentially given by Far Peak 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 Far Peak Acquisition Corp - Class A

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

Far Peak 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 Far Peak Acquisition Corp - Class A

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

Equity curve comparison on Far Peak Acquisition Corp - Class A

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

Far Peak Acquisition Corp - Class A investment strategy comparison

Employed capital comparison on Far Peak Acquisition Corp - Class A

Far Peak Acquisition Corp - Class A investment comparison

Performance comparison on Far Peak Acquisition Corp - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.07% 0.89$ 1247.86$ 0.02%
Momentum 1 quarter 0.98% 39.51$ 4016.43$ 0.36%
Momentum 2 quarters 0.18% 3.21$ 1745.04$ 0.07%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

0.02 %

Momentum 1Q

0.07 %

Momentum 2Q

0.07 %

Non-directional

0.0 %

Correlated stocks

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

Positive correlations

Most correlated stocks this year

  • Far Peak Acquisition Corp - Class A

  • Most correlated stocks last 3 months

  • Far Peak Acquisition Corp - Class A

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


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


    Company information

    Company name Far Peak Acquisition Corp - Class A
    Country United States
    City New York
    Address 511 6th Ave
    Phone 917 737 1541
    Website www.farpeak.com
    FullTime employees
    Industry Shell Companies
    Sector Financial Services
    Exchange XNYS
    Ticker FPAC
    Market www.nyse.com

    Far Peak 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