Fit Hon Teng Stock Price on October 29, 2024
| FITGF Stock | USD 0.39 0.01 2.50% |
If you're considering investing in FIT Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of FIT Hon stands at 0.39, as last reported on the 20th of December, with the highest price reaching 0.39 and the lowest price hitting 0.39 during the day. FIT Hon is out of control given 3 months investment horizon. FIT Hon Teng secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of volatility over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use FIT Hon Mean Deviation of 5.07, market risk adjusted performance of 0.5705, and Downside Deviation of 8.64 to evaluate company specific risk that cannot be diversified away.
FIT Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
FIT |
Sharpe Ratio = 0.1222
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Estimated Market Risk
| 8.22 actual daily | 73 73% of assets are less volatile |
Expected Return
| 1.0 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average FIT Hon is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FIT Hon by adding it to a well-diversified portfolio.
FIT Hon Valuation on October 29, 2024
It is possible to determine the worth of FIT Hon on a given historical date. On October 29, 2024 FIT was worth 0.36 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FIT Hon pink sheet. Still, in general, we apply an absolute valuation method to find FIT Hon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FIT Hon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FIT Hon's related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.36 | 0.36 | 0.36 | 12,500 | |
10/29/2024 | 0.36 | 0.36 | 0.36 | 0.36 | 1.00 |
| 0.36 | 0.36 | 0.36 | 0.36 | 1.00 |
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FIT Hon Trading Date Momentum on October 29, 2024
| On October 30 2024 FIT Hon Teng was traded for 0.36 at the closing time. The highest daily price throughout the period was 0.36 and the lowest price was 0.36 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 did not affect price variability. The overall trading delta to current closing price is 11.11% . |
FIT Hon Teng Fundamentals Correlations and Trends
By evaluating FIT Hon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FIT Hon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FIT Hon Pink Sheet history
FIT Hon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FIT Hon Teng will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FIT Hon stock prices may prove useful in developing a viable investing in FIT Hon
FIT Hon Teng Limited engages in the design, development, production, and sale of interconnect solutions and related products in Taiwan, Peoples Republic of China, the United States, Hong Kong, Malaysia, Singapore, and internationally. Foxconn FIT Hon Teng Limited is a subsidiary of Foxconn Limited. Foxconn Interconnect operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 52988 people.
FIT Hon Pink Sheet Technical Analysis
FIT Hon technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
FIT Hon Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
FIT Hon Teng cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
FIT Hon December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how FIT Hon pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FIT Hon shares will generate the highest return on investment. By undertsting and applying FIT Hon pink sheet market strength indicators, traders can identify FIT Hon Teng entry and exit signals to maximize returns
FIT Hon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FIT Hon's price direction in advance. Along with the technical and fundamental analysis of FIT Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 0.9339 | |||
| Total Risk Alpha | 0.732 | |||
| Sortino Ratio | 0.1101 | |||
| Treynor Ratio | 0.5605 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FIT Pink Sheet analysis
When running FIT Hon's price analysis, check to measure FIT Hon'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 FIT Hon is operating at the current time. Most of FIT Hon's value examination focuses on studying past and present price action to predict the probability of FIT Hon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIT Hon's price. Additionally, you may evaluate how the addition of FIT Hon to your portfolios can decrease your overall portfolio volatility.
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