Findev Inc Stock Price on October 4, 2024
| FDI Stock | CAD 0.47 0.01 2.17% |
Below is the normalized historical share price chart for Findev Inc extending back to March 14, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Findev stands at 0.47, as last reported on the 27th of November, with the highest price reaching 0.47 and the lowest price hitting 0.46 during the day.
If you're considering investing in Findev Stock, it is important to understand the factors that can impact its price. Findev appears to be extremely dangerous, given 3 months investment horizon. Findev Inc secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Findev Inc, which you can use to evaluate the volatility of the firm. Please utilize Findev's Downside Deviation of 3.51, mean deviation of 1.18, and Coefficient Of Variation of 1055.62 to check if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 16 M in 2024. Other Stockholder Equity is likely to climb to about (4 M) in 2024. Findev Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.4051 | 50 Day MA 0.4172 | Beta 0.692 |
Findev |
Sharpe Ratio = 0.1168
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Estimated Market Risk
| 2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Findev is performing at about 9% 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 Findev by adding it to a well-diversified portfolio.
Price Book 0.5108 | Enterprise Value Ebitda 3.8151 | Price Sales 3.6146 | Shares Float 14.4 M | Dividend Share 0.03 |
Findev Valuation on October 4, 2024
It is possible to determine the worth of Findev on a given historical date. On October 4, 2024 Findev was worth 0.42 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Findev stock. Still, in general, we apply an absolute valuation method to find Findev's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Findev where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Findev's related companies.
| Open | High | Low | Close | Volume | |
| 0.42 | 0.42 | 0.42 | 0.42 | 1.00 | |
10/04/2024 | 0.42 | 0.42 | 0.41 | 0.41 | 2,500 |
| 0.41 | 0.41 | 0.41 | 0.41 | 1.00 |
| Backtest Findev | | | Findev History | | | Findev Valuation | Previous | Next |
Findev Trading Date Momentum on October 4, 2024
| On October 07 2024 Findev Inc was traded for 0.41 at the closing time. The highest daily price throughout the period was 0.41 and the lowest price was 0.41 . There was no trading activity during the period 1.0. Lack of trading volume on 10/07/2024 did not affect price variability. The overall trading delta to current closing price is 4.88% . |
Findev Inc Fundamentals Correlations and Trends
By evaluating Findev's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Findev's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Findev financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Findev Stock history
Findev investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Findev is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Findev Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Findev stock prices may prove useful in developing a viable investing in Findev
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.8 M | 22.9 M | |
| Net Income Applicable To Common Shares | 6.2 M | 6.5 M |
Findev Quarterly Net Working Capital |
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Findev Stock Technical Analysis
Findev technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Findev Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Findev November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Findev stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Findev shares will generate the highest return on investment. By undertsting and applying Findev stock market strength indicators, traders can identify Findev Inc entry and exit signals to maximize returns
Findev Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Findev's price direction in advance. Along with the technical and fundamental analysis of Findev Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Findev to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 0.1316 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0184 | |||
| Treynor Ratio | 0.4156 |
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Additional Tools for Findev Stock Analysis
When running Findev's price analysis, check to measure Findev'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 Findev is operating at the current time. Most of Findev's value examination focuses on studying past and present price action to predict the probability of Findev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Findev's price. Additionally, you may evaluate how the addition of Findev to your portfolios can decrease your overall portfolio volatility.