Finvolution Group Stock Market Value
| FINV Stock | USD 6.24 0.06 0.97% |
| Symbol | FinVolution |
FinVolution Group Price To Book Ratio
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FinVolution. If investors know FinVolution will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FinVolution listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.051 | Earnings Share 1.12 | Revenue Per Share 48.225 | Quarterly Revenue Growth 0.03 | Return On Assets 0.2022 |
The market value of FinVolution Group is measured differently than its book value, which is the value of FinVolution that is recorded on the company's balance sheet. Investors also form their own opinion of FinVolution's value that differs from its market value or its book value, called intrinsic value, which is FinVolution's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FinVolution's market value can be influenced by many factors that don't directly affect FinVolution's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FinVolution's value and its price as these two are different measures arrived at by different means. Investors typically determine if FinVolution is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FinVolution's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FinVolution 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FinVolution's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FinVolution.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in FinVolution on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding FinVolution Group or generate 0.0% return on investment in FinVolution over 720 days. FinVolution is related to or competes with SLM Corp, Orix Corp, FirstCash, Medallion Financial, Oportun Financial, and SLM Corp. FinVolution Group operates fintech platform that connects underserved individual borrowers with financial institutions i... More
FinVolution Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FinVolution's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FinVolution Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.71 | |||
| Information Ratio | 0.0209 | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 3.81 |
FinVolution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FinVolution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FinVolution's standard deviation. In reality, there are many statistical measures that can use FinVolution historical prices to predict the future FinVolution's volatility.| Risk Adjusted Performance | 0.0624 | |||
| Jensen Alpha | 0.115 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0197 | |||
| Treynor Ratio | 0.3556 |
FinVolution Group Backtested Returns
FinVolution appears to be somewhat reliable, given 3 months investment horizon. FinVolution Group secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FinVolution Group, which you can use to evaluate the volatility of the firm. Please utilize FinVolution's Downside Deviation of 2.71, mean deviation of 1.94, and Coefficient Of Variation of 1383.92 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FinVolution holds a performance score of 10. The firm shows a Beta (market volatility) of 0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, FinVolution's returns are expected to increase less than the market. However, during the bear market, the loss of holding FinVolution is expected to be smaller as well. Please check FinVolution's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether FinVolution's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
FinVolution Group has very weak predictability. Overlapping area represents the amount of predictability between FinVolution time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FinVolution Group price movement. The serial correlation of 0.18 indicates that over 18.0% of current FinVolution price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
FinVolution Group lagged returns against current returns
Autocorrelation, which is FinVolution stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FinVolution's stock expected returns. We can calculate the autocorrelation of FinVolution returns to help us make a trade decision. For example, suppose you find that FinVolution has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FinVolution regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FinVolution stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FinVolution stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FinVolution stock over time.
Current vs Lagged Prices |
| Timeline |
FinVolution Lagged Returns
When evaluating FinVolution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FinVolution stock have on its future price. FinVolution autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FinVolution autocorrelation shows the relationship between FinVolution stock current value and its past values and can show if there is a momentum factor associated with investing in FinVolution Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for FinVolution Stock Analysis
When running FinVolution's price analysis, check to measure FinVolution'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 FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.