Findev Inc Stock Price on November 27, 2024

FDI Stock  CAD 0.47  0.02  4.44%   
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 30th of November, with the highest price reaching 0.47 and the lowest price hitting 0.47 during the day.
200 Day MA
0.4051
50 Day MA
0.4172
Beta
0.692
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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-eight technical indicators for Findev Inc, which you can use to evaluate the volatility of the firm. Please utilize Findev's Downside Deviation of 3.72, mean deviation of 1.34, and Coefficient Of Variation of 815.53 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.

Sharpe Ratio = 0.1245

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsFDI
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.22
  actual daily
19
81% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% 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
0.5052
Enterprise Value Ebitda
3.7722
Price Sales
3.7337
Shares Float
14.4 M
Dividend Share
0.03

Findev Valuation on November 27, 2024

It is possible to determine the worth of Findev on a given historical date. On November 27, 2024 Findev was worth 0.46 at the beginning of the trading date compared to the closed value of 0.47. 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
  0.46    0.46    0.46    0.46    510.00  
11/27/2024
  0.46    0.47    0.46    0.47    7,000  
  0.45    0.45    0.45    0.45    5,000  
Backtest Findev  |  Findev History  |  Findev Valuation   PreviousNext  
Open Value
0.46
0.47
Closing Value
7.12
Upside

Findev Trading Date Momentum on November 27, 2024

On November 28 2024 Findev Inc was traded for  0.45  at the closing time. The highest daily price throughout the period was 0.45  and the lowest price was  0.45 . The daily volume was 5 K. The net trading volume on 11/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.26% . The overall trading delta to current closing price is 0.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding25.8 M22.9 M
Net Income Applicable To Common Shares6.2 M6.5 M

Findev Quarterly Net Working Capital

24.74 Million

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.
A focus of Findev technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Findev trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Findev Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Findev Inc cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Findev November 30, 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.

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.