Portage Fintech Acquisition Stock Market Value
| PFTAU Stock | USD 10.85 0.00 0.00% |
| Symbol | Portage |
Portage Fintech Acqu Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portage Fintech. If investors know Portage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portage Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Return On Assets (0.01) |
The market value of Portage Fintech Acqu is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Fintech's value that differs from its market value or its book value, called intrinsic value, which is Portage Fintech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portage Fintech's market value can be influenced by many factors that don't directly affect Portage Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portage Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Fintech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Portage Fintech 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Portage Fintech's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Portage Fintech.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Portage Fintech on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Portage Fintech Acquisition or generate 0.0% return on investment in Portage Fintech over 720 days. Portage Fintech is related to or competes with Visa, Diamond Hill, Associated Capital, Brookfield Corp, Blackstone, Deutsche Bank, and Dynex Capital. Portage Fintech Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, r... More
Portage Fintech Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Portage Fintech's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Portage Fintech Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.08 | |||
| Potential Upside | 1.49 |
Portage Fintech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Portage Fintech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Portage Fintech's standard deviation. In reality, there are many statistical measures that can use Portage Fintech historical prices to predict the future Portage Fintech's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 1.41 |
Portage Fintech Acqu Backtested Returns
Portage Fintech Acqu maintains Sharpe Ratio (i.e., Efficiency) of -0.0693, which implies the firm had a -0.0693% return per unit of risk over the last 3 months. Portage Fintech Acqu exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portage Fintech's Risk Adjusted Performance of (0.06), variance of 2.78, and Coefficient Of Variation of (1,207) to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Portage Fintech are expected to decrease at a much lower rate. During the bear market, Portage Fintech is likely to outperform the market. At this point, Portage Fintech Acqu has a negative expected return of -0.051%. Please make sure to check Portage Fintech's maximum drawdown and day median price , to decide if Portage Fintech Acqu performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Portage Fintech Acquisition has average predictability. Overlapping area represents the amount of predictability between Portage Fintech time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Portage Fintech Acqu price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Portage Fintech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Portage Fintech Acqu lagged returns against current returns
Autocorrelation, which is Portage Fintech stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Portage Fintech's stock expected returns. We can calculate the autocorrelation of Portage Fintech returns to help us make a trade decision. For example, suppose you find that Portage Fintech has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Portage Fintech regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Portage Fintech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Portage Fintech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Portage Fintech stock over time.
Current vs Lagged Prices |
| Timeline |
Portage Fintech Lagged Returns
When evaluating Portage Fintech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Portage Fintech stock have on its future price. Portage Fintech autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Portage Fintech autocorrelation shows the relationship between Portage Fintech stock current value and its past values and can show if there is a momentum factor associated with investing in Portage Fintech Acquisition.
Regressed Prices |
| Timeline |
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Additional Tools for Portage Stock Analysis
When running Portage Fintech's price analysis, check to measure Portage Fintech'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 Portage Fintech is operating at the current time. Most of Portage Fintech's value examination focuses on studying past and present price action to predict the probability of Portage Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portage Fintech's price. Additionally, you may evaluate how the addition of Portage Fintech to your portfolios can decrease your overall portfolio volatility.