Finnovate Acquisition Corp Stock Performance
| FNVTW Stock | USD 0.02 0.00 0.00% |
Finnovate Acquisition holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Finnovate Acquisition will likely underperform. Use Finnovate Acquisition variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness , to analyze future returns on Finnovate Acquisition.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Finnovate Acquisition Corp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Finnovate Acquisition showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 244.2 K | |
| Free Cash Flow | -786.6 K |
Finnovate |
Finnovate Acquisition Relative Risk vs. Return Landscape
If you would invest 1.05 in Finnovate Acquisition Corp on September 3, 2024 and sell it today you would earn a total of 0.85 from holding Finnovate Acquisition Corp or generate 80.95% return on investment over 90 days. Finnovate Acquisition Corp is currently producing 29.9829% returns and takes up 173.5237% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Finnovate, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Finnovate Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Finnovate Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Finnovate Acquisition Corp, and traders can use it to determine the average amount a Finnovate Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1728
| Best Portfolio | Best Equity | FNVTW | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 173.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Finnovate Acquisition is performing at about 13% 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 Finnovate Acquisition by adding it to a well-diversified portfolio.
Finnovate Acquisition Fundamentals Growth
Finnovate Stock prices reflect investors' perceptions of the future prospects and financial health of Finnovate Acquisition, and Finnovate Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Finnovate Stock performance.
| Return On Asset | 0.0011 | |||
| EBITDA | 2.49 M | |||
| Net Income | 2.49 M | |||
| Total Debt | 1.34 M | |||
| Debt To Equity | 5.91 % | |||
| Book Value Per Share | (0.60) X | |||
| Cash Flow From Operations | (786.64 K) | |||
| Total Asset | 51.24 M | |||
| Retained Earnings | (2.8 M) | |||
| Working Capital | (2.8 M) | |||
About Finnovate Acquisition Performance
Evaluating Finnovate Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Finnovate Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Finnovate Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.05 | 0.05 |
Things to note about Finnovate Acquisition performance evaluation
Checking the ongoing alerts about Finnovate Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Finnovate Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Finnovate Acquisition is not yet fully synchronised with the market data | |
| Finnovate Acquisition is way too risky over 90 days horizon | |
| Finnovate Acquisition has some characteristics of a very speculative penny stock | |
| Finnovate Acquisition appears to be risky and price may revert if volatility continues | |
| Finnovate Acquisition has high likelihood to experience some financial distress in the next 2 years | |
| Finnovate Acquisition generates negative cash flow from operations | |
| Finnovate Acquisition has a frail financial position based on the latest SEC disclosures |
- Analyzing Finnovate Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Finnovate Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Finnovate Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Finnovate Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Finnovate Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Finnovate Acquisition's stock. These opinions can provide insight into Finnovate Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Finnovate Stock Analysis
When running Finnovate Acquisition's price analysis, check to measure Finnovate 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 Finnovate Acquisition is operating at the current time. Most of Finnovate Acquisition's value examination focuses on studying past and present price action to predict the probability of Finnovate 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 Finnovate Acquisition's price. Additionally, you may evaluate how the addition of Finnovate Acquisition to your portfolios can decrease your overall portfolio volatility.