Finnovate Competitors

Stocks . USA . 
Stock . Finnovate Acquisition Corp
FNVT Stock  USD 11.62  0.03  0.26%   
Finnovate Acquisition competes with Broad Capital, and Welsbach Technology; as well as few others. The company conducts business under Capital Markets sector and is part of Financials industry. Analyzing Finnovate Acquisition competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Finnovate Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Finnovate Acquisition Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Finnovate Acquisition competition on your existing holdings.
  
At this time, Finnovate Acquisition's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.05 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0.04). At this time, Finnovate Acquisition's Net Tangible Assets are comparatively stable compared to the past year. Return On Tangible Assets is likely to gain to 0.05 in 2024, despite the fact that Non Currrent Assets Other are likely to grow to (0.95).
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Finnovate Acquisition'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.
Hype
Prediction
LowEstimatedHigh
11.4211.6211.82
Details
Intrinsic
Valuation
LowRealHigh
11.4011.6011.80
Details
Naive
Forecast
LowNextHigh
11.4211.6211.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.6211.6211.62
Details

Finnovate Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Finnovate Acquisition and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Finnovate and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Finnovate Acquisition does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
FMIV
+ 0.79
GFGD
HWKZ
+ 0.64
GFGD
HWKZ
+ 0.64
FMIV
BWAQ
+ 0.6
PTWOU
BRACU
+ 0.53
PTWOU
BPACU
+ 0.49
WTMA
  
High negative correlations   
BWAQ
- 0.82
GFGD
GFGD
- 0.77
BRACU
FMIV
- 0.75
BRACU
BPACU
- 0.67
BWAQ
HWKZ
- 0.67
BRACU
GFGD
- 0.65
PTWOU

Risk-Adjusted Indicators

There is a big difference between Finnovate Stock performing well and Finnovate Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Finnovate Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Finnovate Acquisition and related stocks such as Pono Capital Two, Broad Capital Acquisition, and Welsbach Technology Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Price Book Value RatioPrice Earnings To Growth Ratio
Days Of Payables OutstandingDividend Payout Ratio
Price To Operating Cash Flows RatioPrice To Free Cash Flows Ratio
Pretax Profit MarginEbt Per Ebit
Operating Profit MarginEffective Tax Rate
Company Equity MultiplierLong Term Debt To Capitalization
Total Debt To CapitalizationReturn On Capital Employed
Debt Equity RatioEbit Per Revenue
Quick RatioDividend Paid And Capex Coverage Ratio
Net Income Per E B TCash Ratio
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
BRACU139.7 K139.7 K139.7 K139.7 K139.7 K139.7 K139.7 K139.7 K(20.1 K)(20.1 K)(20.1 K)(20.1 K)(433.6 K)(513.9 K)(488.2 K)
WTMA(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(68.6 K)(2.4 M)(54.3 K)(57 K)

Finnovate Acquisition and related stocks such as Pono Capital Two, Broad Capital Acquisition, and Welsbach Technology Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Finnovate Acquisition financial statement analysis. It represents the amount of money remaining after all of Finnovate Acquisition Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Finnovate Acquisition Competitive Analysis

The better you understand Finnovate Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Finnovate Acquisition's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Finnovate Acquisition's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FNVT PTWOU BRACU WTMA GFGD FMIV BWAQ BPACU HWKZ
 0.26 
 11.62 
Finnovate
 0.00 
 12.00 
Pono
 0.00 
 11.31 
Broad
 0.90 
 11.25 
Welsbach
 0.00 
 10.47 
Growth
 0.1 
 10.36 
Forum
 0.00 
 4.24 
Blue
 0.00 
 10.48 
Bullpen
 0.00 
 10.26 
Hawks
Market Volatility
(90 Days Market Risk)
Very steady
Relatively risky
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
OK
OK
Very Weak
Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Dangerous
Below Average
Below Average
Dangerous
Dangerous
Dangerous
Dangerous
Dangerous
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Not Rated
Hold
Hold
Not Rated
Not Rated
Not Rated
Not Rated
Not Rated
Current Ratio
2.02
N/A
0.01
10.92
15.69
0.52
3.75
1.51
1.22
Net Asset
51.24 M
21.25 M
50.82 M
23.94 M
258.04 M
340.19 M
70.72 M
237.71 M
233.59 M
EBITDA
2.49 M
(1.77 M)
142.52 K
2.17 M
(3.62 M)
(9.89 M)
(4.16 M)
(19.69 M)
(1.59 M)
Current Valuation
80.3 M
63.91 M
57.33 M
41.46 M
284.23 M
161.35 M
31.08 M
300.97 M
99.1 M
Price To Book
3.6
N/A
N/A
18.97
N/A
1.32
0.77
N/A
1.28
Retained Earnings
(2.8 M)
(6 M)
(9.74 M)
(9.27 M)
(8.12 M)
(13.8 M)
(4.85 M)
(8.75 M)
(8.54 M)
Beta
0.005
N/A
-0.008
-0.012
N/A
0.0234
0.004
N/A
N/A
Number Of Employees
N/A
2
N/A
N/A
5
2
3
4
3
Shares Outstanding
6.71 M
N/A
4.38 M
3.37 M
26.1 M
7.36 M
5.11 M
N/A
9.76 M
Cash Flow From Operations
(786.64 K)
(2.13 M)
(1.77 M)
(1.35 M)
(832.64 K)
(2.53 M)
(778.98 K)
(488)
(1.14 M)
Total Debt
1.34 M
1000 K
3.66 M
2.85 M
76.53 K
34
1.87 M
98.62 K
100 K
Return On Equity
0.59
-0.59
N/A
N/A
N/A
N/A
N/A
N/A
0.0104
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.33
N/A
Return On Asset
0.0011
-0.0583
-0.043
-0.0311
-0.0039
-0.0101
-0.0105
-0.0055
-0.0042
Number Of Shares Shorted
113
302
504
598
31.9 K
99
46.53 K
548
1.7 K
Book Value Per Share
-0.6
1.69
-1.3
-2.08
-0.41
-0.95
-0.93
-0.33
-0.32
Total Asset
51.24 M
21.25 M
50.82 M
23.94 M
258.04 M
340.19 M
70.72 M
237.71 M
233.59 M
Debt To Equity
0.72
N/A
15.0
N/A
3.92
N/A
6.31
N/A
4.4
Short Ratio
0.02
N/A
4.67
1.98
N/A
0.01
0.35
6.77
0.11
Shares Owned By Institutions
33.43
3.97
6.04
47.2
94.32
88.68
67.75
3.18
100.0
Market Capitalization
77.98 M
N/A
49.95 M
37.88 M
298.29 M
163.31 M
28.44 M
N/A
100.12 M
Price To Earning
N/A
N/A
N/A
N/A
N/A
47.38
N/A
N/A
N/A
Net Income
2.49 M
339.77 K
(513.92 K)
(54.32 K)
2.32 M
7.64 M
2.18 M
15.31 M
1.11 M
Earnings Per Share
0.08
N/A
-0.012
-0.06
0.15
-0.05
0.19
N/A
0.11
Shares Owned By Insiders
63.34
N/A
N/A
66.37
N/A
11.32
32.25
N/A
N/A
Working Capital
(2.8 M)
(2.21 M)
(6.86 M)
(6.64 M)
635.47 K
(2.28 M)
(2.13 M)
(560.17 K)
709.99 K
Cash And Equivalents
604.19 K
179.43 K
622.35 K
791.15 K
1.17 M
625.06 K
276.28 K
849.78 K
374.69 K
Cash Per Share
0.03
0.01
0.05
0.08
0.04
0.01
0.02
0.03
0.01
Day Typical Price
11.62
12.0
11.31
11.25
10.47
10.36
4.24
10.48
10.26
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
0.001
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
0.01
N/A
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
0.0
0.0
9.2 T
0.0
1.0
0.0
0.0
0.0
Period Momentum Indicator
(0.03)
N/A
N/A
0.1
N/A
0.01
N/A
N/A
N/A
Rate Of Daily Change
1.0
1.0
1.0
1.01
1.0
1.0
1.0
1.0
1.0
Day Median Price
11.62
12.0
11.31
11.25
10.47
10.36
4.24
10.48
10.26
Price Action Indicator
(0.01)
N/A
N/A
0.05
N/A
0.01
N/A
N/A
N/A
Relative Strength Index
69.17
47.23
21.21
50.7
95.73
73.38
7.08
88.84
37.45
Coefficient Of Variation
868.04
11515.94
(775.69)
4246.17
463.92
713.45
(1,304)
1970.49
2090.49
Mean Deviation
0.0948
3.93
0.2571
0.1139
0.0936
0.1148
4.89
0.0422
0.1801
Jensen Alpha
0.0075
0.2788
(0.13)
(0.01)
0.0201
0.0178
(1.16)
(0.01)
0.006
Total Risk Alpha
(0.02)
(1.21)
(0.27)
(0.05)
(0)
(0.01)
(2.50)
(0.02)
(0.05)
Sortino Ratio
N/A
(0)
N/A
(0.15)
(0.42)
(0.25)
N/A
(0.61)
(0.18)
Downside Variance
N/A
186.35
N/A
0.7035
0.0556
0.1595
N/A
0.0427
0.4033
Standard Deviation
0.1955
8.03
0.9139
0.3063
0.1429
0.2123
10.61
0.0863
0.3881
Kurtosis
11.79
4.65
59.84
15.85
4.42
4.82
10.57
6.67
11.44
Potential Upside
0.349
14.07
N/A
0.546
0.1949
0.4907
15.26
0.1914
0.3891
Treynor Ratio
0.3024
(0.03)
(3.49)
(0.07)
3.41
1.21
(0.29)
(0.42)
0.4079
Maximum Drawdown
1.38
52.21
7.26
1.7
0.9724
1.17
90.41
0.5742
3.19
Variance
0.0382
64.5
0.8352
0.0938
0.0204
0.0451
112.65
0.0074
0.1506
Market Risk Adjusted Performance
0.3124
(0.02)
(3.48)
(0.06)
3.42
1.22
(0.28)
(0.41)
0.4179
Risk Adjusted Performance
0.0591
0.0157
(0.1)
0.003
0.1216
0.0814
(0.05)
(0.04)
0.0269
Skewness
(0.68)
(0.59)
(7.55)
(1.90)
0.4249
0.812
(0.94)
(1.00)
1.17
Semi Deviation
N/A
6.62
N/A
0.2287
0.0
0.0
N/A
0.0141
0.2696
Information Ratio
(0.55)
(0.01)
(0.27)
(0.40)
(0.70)
(0.48)
(0.09)
(1.46)
(0.29)
Value At Risk
(0.26)
(12.76)
N/A
(0.36)
(0.19)
(0.29)
(15.80)
(0.1)
(0.49)
Expected Short fall
N/A
(9.34)
N/A
(0.63)
(0.17)
(0.30)
N/A
(0.14)
(0.30)
Downside Deviation
N/A
13.65
N/A
0.8388
0.2358
0.3994
N/A
0.2066
0.635
Semi Variance
N/A
43.78
N/A
0.0523
(0.02)
(0.01)
N/A
2.0E-4
0.0727

Finnovate Acquisition Competition Performance Charts

Five steps to successful analysis of Finnovate Acquisition Competition

Finnovate Acquisition's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Finnovate Acquisition in relation to its competition. Finnovate Acquisition's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Finnovate Acquisition in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Finnovate Acquisition's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Finnovate Acquisition, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Finnovate Acquisition position

In addition to having Finnovate Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Agriculture
Agriculture Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Agriculture Theme or any other thematic opportunities.
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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.
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