Finnovate Acquisition Corp Performance
| FNVTDelisted Stock | USD 11.62 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.0241, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Finnovate Acquisition are expected to decrease at a much lower rate. During the bear market, Finnovate Acquisition is likely to outperform the market. At this point, Finnovate Acquisition has a negative expected return of -0.016%. Please make sure to confirm Finnovate Acquisition's variance and skewness , to decide if Finnovate Acquisition performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Finnovate Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Finnovate Acquisition is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...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 1,165 in Finnovate Acquisition Corp on December 22, 2024 and sell it today you would lose (3.00) from holding Finnovate Acquisition Corp or give up 0.26% of portfolio value over 90 days. Finnovate Acquisition Corp is currently does not generate positive expected returns and assumes 0.1474% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than Finnovate, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 = -0.1086
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| Negative Returns | FNVT |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Finnovate Acquisition is not performing at its full potential. However, 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 Finnovate Acquisition 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 Equity | 0.59 | |||
| Return On Asset | 0.0011 | |||
| Current Valuation | 64.54 M | |||
| Shares Outstanding | 6.71 M | |||
| Price To Book | 2.87 X | |||
| EBITDA | 2.49 M | |||
| Cash And Equivalents | 604.19 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 1.34 M | |||
| Debt To Equity | 0.72 % | |||
| Book Value Per Share | (0.60) X | |||
| Cash Flow From Operations | (786.64 K) | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 51.24 M | |||
| Retained Earnings | (2.8 M) | |||
About Finnovate Acquisition Performance
Assessing Finnovate Acquisition's fundamental ratios provides investors with valuable insights into Finnovate Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Finnovate Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Finnovate Acquisition Corp. does not have significant operations. Finnovate Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands. Finnovate Acquisition is traded on NASDAQ Exchange in the United States.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 generated a negative expected return over the last 90 days | |
| Finnovate Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Finnovate Acquisition Corp currently holds about 604.19 K in cash with (786.64 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 63.0% of the company shares are held by company insiders |
- 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Finnovate Stock
If you are still planning to invest in Finnovate Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Finnovate Acquisition's history and understand the potential risks before investing.
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