Fintech Select Stock Market Value
| FTEC Stock | CAD 0.04 0.01 12.50% |
| Symbol | Fintech |
Fintech Select Price To Book Ratio
Fintech Select '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 Fintech Select'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 Fintech Select.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in Fintech Select on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding Fintech Select or generate 0.0% return on investment in Fintech Select over 720 days. Fintech Select Ltd. provides prepaid payment services and point-of-sale transaction processing solutions for the prepaid... More
Fintech Select 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 Fintech Select'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 Fintech Select upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.48 | |||
| Information Ratio | 0.1125 | |||
| Maximum Drawdown | 133.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 50.0 |
Fintech Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fintech Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fintech Select's standard deviation. In reality, there are many statistical measures that can use Fintech Select historical prices to predict the future Fintech Select's volatility.| Risk Adjusted Performance | 0.1059 | |||
| Jensen Alpha | 2.51 | |||
| Total Risk Alpha | 1.88 | |||
| Sortino Ratio | 0.0901 | |||
| Treynor Ratio | 0.8103 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fintech Select's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fintech Select Backtested Returns
Fintech Select is out of control given 3 months investment horizon. Fintech Select secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.54% are justified by taking the suggested risk. Use Fintech Select Mean Deviation of 13.35, downside deviation of 28.48, and Coefficient Of Variation of 876.37 to evaluate company specific risk that cannot be diversified away. Fintech Select holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.2, 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, Fintech Select will likely underperform. Use Fintech Select information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to analyze future returns on Fintech Select.
Auto-correlation | 0.00 |
No correlation between past and present
Fintech Select has no correlation between past and present. Overlapping area represents the amount of predictability between Fintech Select time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fintech Select price movement. The serial correlation of 0.0 indicates that just 0.0% of current Fintech Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fintech Select lagged returns against current returns
Autocorrelation, which is Fintech Select 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 Fintech Select's stock expected returns. We can calculate the autocorrelation of Fintech Select returns to help us make a trade decision. For example, suppose you find that Fintech Select 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 |
Fintech Select 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 Fintech Select stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fintech Select stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fintech Select stock over time.
Current vs Lagged Prices |
| Timeline |
Fintech Select Lagged Returns
When evaluating Fintech Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fintech Select stock have on its future price. Fintech Select 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, Fintech Select autocorrelation shows the relationship between Fintech Select stock current value and its past values and can show if there is a momentum factor associated with investing in Fintech Select.
Regressed Prices |
| Timeline |
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Additional Tools for Fintech Stock Analysis
When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.