Deep Medicine Acquisition Corp.

Deep Medicine Acquisition Corp.verified

DMAQ

Price:

$2.96

Market Cap:

$9.36M

Deep Medicine Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying businesses in the healthcare industry. The company was incorporated in 2020 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-12-02

Stock Exchange

NASDAQ

Ticker

DMAQ

The ROE as of December 2024 (TTM) for Deep Medicine Acquisition Corp. (DMAQ) is 42.39%

According to Deep Medicine Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 42.39%. This represents a change of 189.21% compared to the average of 14.66% of the last 4 quarters.

Deep Medicine Acquisition Corp. (DMAQ) Historical ROE (quarterly & annually)

How has DMAQ ROE performed in the past?

The mean historical ROE of Deep Medicine Acquisition Corp. over the last ten years is 219.67%. The current 42.39% ROE has changed -80.70% with respect to the historical average. Over the past ten years (40 quarters), DMAQ's ROE was at its highest in in the September 2021 quarter at 75.26%. The ROE was at its lowest in in the March 2023 quarter at -25.75%.

Quarterly (TTM)
Annual

Average

219.67%

Median

131.07%

Minimum

-15.67%

Maximum

632.20%

Deep Medicine Acquisition Corp. (DMAQ) ROE by Quarter and Year

Discovering the peaks and valleys of Deep Medicine Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 4.59%

Maximum Annual ROE = 632.20%

Minimum Annual Increase = -1775.06%

Minimum Annual ROE = -15.67%

Quarterly (TTM)
Annual
YearROEChange
2023262.48%-1775.06%
2022-15.67%4.59%
2021-0.33%-100.05%

Deep Medicine Acquisition Corp. (DMAQ) Average ROE

How has DMAQ ROE performed in the past?

The current ROE of Deep Medicine Acquisition Corp. (DMAQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

82.16%

5-year avg

219.67%

10-year avg

219.67%

Deep Medicine Acquisition Corp. (DMAQ) ROE vs. Peers

How is DMAQ’s ROE compared to its peers?

Deep Medicine Acquisition Corp.’s ROE is less than Acri Capital Acquisition Corporation (1.05%), greater than Burtech Acquisition Corp. (-5.96%), greater than Compass Digital Acquisition Corp. (-13.35%), less than TKB Critical Technologies 1 (35.35%), less than Achari Ventures Holdings Corp. I (135.95%), less than AlphaVest Acquisition Corp (5.71%), less than Kingswood Acquisition Corp. (20.51%), less than Insight Acquisition Corp. (98.87%), less than Kingswood Acquisition Corp. (20.51%), greater than ClimateRock (-3.47%), greater than OmniLit Acquisition Corp. (-2.05%), greater than Manaris (2010) Corp. (-38.18%), less than Altimar Acquisition Corp. III (0%), less than AfterNext HealthTech Acquisition Corp. (0%), less than Alpha One Inc. (0%), greater than Portage Fintech Acquisition Corporation (-1.08%), greater than Nubia Brand International Corp. (-2.24%), less than ALSP Orchid Acquisition Corporation I (1.57%), greater than Ahren Acquisition Corp. (0.21%), less than null (10.68%),

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