FingerMotion Historical Financial Ratios
| FNGR Stock | USD 1.97 0.04 2.07% |
FingerMotion is recently reporting on over 122 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 12.08 or Days Sales Outstanding of 113 will help investors to properly organize and evaluate FingerMotion financial condition quickly.
FingerMotion |
About FingerMotion Financial Ratios Analysis
FingerMotionFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate FingerMotion investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on FingerMotion financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across FingerMotion history.
FingerMotion Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing FingerMotion stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on FingerMotion sales, a figure that is much harder to manipulate than other FingerMotion multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most ratios from FingerMotion's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into FingerMotion current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FingerMotion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.At this time, FingerMotion's Current Ratio is relatively stable compared to the past year. As of 11/29/2024, Tangible Book Value Per Share is likely to grow to 0.24, while Days Sales Outstanding is likely to drop 113.05.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 0.59 | 1.07 | 0.61 | 0.64 | Receivables Turnover | 3.57 | 25.51 | 3.07 | 4.26 |
FingerMotion fundamentals Correlations
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FingerMotion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FingerMotion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FingerMotion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FingerMotion will appreciate offsetting losses from the drop in the long position's value.Moving against FingerMotion Stock
| 0.58 | TDS | Telephone and Data | PairCorr |
| 0.56 | T | ATT Inc Aggressive Push | PairCorr |
| 0.51 | USM | United States Cellular | PairCorr |
| 0.5 | KT | KT Corporation | PairCorr |
| 0.47 | IDT | IDT Corporation Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to FingerMotion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FingerMotion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FingerMotion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FingerMotion to buy it.
The correlation of FingerMotion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FingerMotion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FingerMotion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FingerMotion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for FingerMotion Stock Analysis
When running FingerMotion's price analysis, check to measure FingerMotion'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 FingerMotion is operating at the current time. Most of FingerMotion's value examination focuses on studying past and present price action to predict the probability of FingerMotion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FingerMotion's price. Additionally, you may evaluate how the addition of FingerMotion to your portfolios can decrease your overall portfolio volatility.