Portage Fintech Acquisition Stock Price on August 7, 2024
| PFTA Stock | USD 10.87 0.03 0.28% |
If you're considering investing in Portage Stock, it is important to understand the factors that can impact its price. As of today, the current price of Portage Fintech stands at 10.87, as last reported on the 3rd of December, with the highest price reaching 10.90 and the lowest price hitting 10.87 during the day. Portage Fintech is out of control given 3 months investment horizon. Portage Fintech Acqu maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 20.02% are justified by taking the suggested risk. Use Portage Fintech Variance of 5.17, coefficient of variation of (4,805), and Risk Adjusted Performance of (0.01) to evaluate company specific risk that cannot be diversified away.
The current year's Common Stock Shares Outstanding is expected to grow to about 23.3 M, whereas Total Stockholder Equity is forecasted to decline to about 36.5 M. . At present, Portage Fintech's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 6.56, whereas Price Earnings Ratio is forecasted to decline to 32.87. Portage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Portage |
Sharpe Ratio = 0.1333
| Best Portfolio | Best Equity | PFTA | ||
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Estimated Market Risk
| 150.16 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Portage Fintech is performing at about 10% 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 Portage Fintech by adding it to a well-diversified portfolio.
Price Book 6.22 | Book Value (0.32) | Enterprise Value 88.9 M | Enterprise Value Ebitda (40.89) | Shares Float 507.4 K |
Related Headline
Digital Health Headline on 24th of June 2024
Digital Health Acquisition Corp. Announce Closing of Busines... by finance.yahoo.com
BOCA RATON, Fla., June 24, 2024--Digital Health Acquisition Corp. , a Special Purpose Acquisition Company , today announced the closing of its previously announced business combination consisting of the merger of Digital Health Acquisition Corp. with each of VSee Lab, Inc. and iDoc Virtual Telehealth Solutions, Inc. In connection with the closing, Digital Health Acquisition Corp. has been renamed VSee Health, Inc. , and effective with the start of trading on Ju
Portage Fintech Valuation on August 7, 2024
It is possible to determine the worth of Portage Fintech on a given historical date. On August 7, 2024 Portage was worth 11.0 at the beginning of the trading date compared to the closed value of 10.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Portage Fintech stock. Still, in general, we apply an absolute valuation method to find Portage Fintech'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 Portage Fintech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Portage Fintech's related companies.
| Open | High | Low | Close | Volume | |
| 11.47 | 11.47 | 11.20 | 11.20 | 334.00 | |
08/07/2024 | 11.00 | 11.00 | 10.80 | 10.80 | 385.00 |
| 10.75 | 10.77 | 10.72 | 10.74 | 4,192 |
| Backtest Portage Fintech | | | Portage Fintech History | | | Portage Fintech Valuation | Previous | Next |
Portage Fintech Trading Date Momentum on August 7, 2024
| On August 08 2024 Portage Fintech Acquisition was traded for 10.74 at the closing time. The top price for the day was 10.77 and the lowest listed price was 10.72 . The trading volume for the day was 4.2 K. The trading history from August 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.56% . The trading delta at closing time against the current closing price is 0.28% . |
Portage Fintech Acqu Fundamentals Correlations and Trends
By evaluating Portage Fintech'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 Portage Fintech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Portage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Portage Fintech Stock history
Portage Fintech 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 Portage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Portage Fintech Acqu 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 Portage Fintech stock prices may prove useful in developing a viable investing in Portage Fintech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.7 M | 23.3 M | |
| Net Income Applicable To Common Shares | 7.7 M | 7.7 M |
Portage Fintech Stock Technical Analysis
Portage Fintech 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
Portage Fintech Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Portage Fintech Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Portage Fintech December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Portage Fintech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Portage Fintech shares will generate the highest return on investment. By undertsting and applying Portage Fintech stock market strength indicators, traders can identify Portage Fintech Acquisition entry and exit signals to maximize returns
Portage Fintech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Portage Fintech's price direction in advance. Along with the technical and fundamental analysis of Portage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Portage 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 | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.20) |
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Complementary Tools for Portage Stock analysis
When running Portage Fintech's price analysis, check to measure Portage Fintech'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 Portage Fintech is operating at the current time. Most of Portage Fintech's value examination focuses on studying past and present price action to predict the probability of Portage Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portage Fintech's price. Additionally, you may evaluate how the addition of Portage Fintech to your portfolios can decrease your overall portfolio volatility.
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