Fiscalnote Holdings Stock Market Value
| NOTE Stock | USD 0.92 0.05 6.18% |
| Symbol | FiscalNote |
FiscalNote Holdings Price To Book Ratio
Is Application Software 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 FiscalNote Holdings. If investors know FiscalNote 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 FiscalNote Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.935 | Quarterly Revenue Growth (0.13) | Return On Assets (0.07) | Return On Equity (0.31) |
The market value of FiscalNote Holdings is measured differently than its book value, which is the value of FiscalNote that is recorded on the company's balance sheet. Investors also form their own opinion of FiscalNote Holdings' value that differs from its market value or its book value, called intrinsic value, which is FiscalNote Holdings' 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 FiscalNote Holdings' market value can be influenced by many factors that don't directly affect FiscalNote Holdings' 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 FiscalNote Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if FiscalNote Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FiscalNote Holdings' 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.
FiscalNote Holdings '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 FiscalNote Holdings' 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 FiscalNote Holdings.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in FiscalNote Holdings on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding FiscalNote Holdings or generate 0.0% return on investment in FiscalNote Holdings over 360 days. FiscalNote Holdings is related to or competes with Concentrix, Accenture Plc, International Business, Cognizant Technology, ASGN, ExlService Holdings, and CACI International. FiscalNote Holdings Inc. operates as technology and data company that delivers critical legal data and insights worldwid... More
FiscalNote Holdings 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 FiscalNote Holdings' 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 FiscalNote Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 20.02 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 5.0 |
FiscalNote Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FiscalNote Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FiscalNote Holdings' standard deviation. In reality, there are many statistical measures that can use FiscalNote Holdings historical prices to predict the future FiscalNote Holdings' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FiscalNote Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FiscalNote Holdings Backtested Returns
FiscalNote Holdings secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2% return per unit of risk over the last 3 months. FiscalNote Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FiscalNote Holdings' Variance of 13.89, standard deviation of 3.73, and Mean Deviation of 2.7 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.86, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FiscalNote Holdings will likely underperform. At this point, FiscalNote Holdings has a negative expected return of -0.71%. Please make sure to confirm FiscalNote Holdings' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if FiscalNote Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
FiscalNote Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between FiscalNote Holdings time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 FiscalNote Holdings price movement. The serial correlation of -0.46 indicates that about 46.0% of current FiscalNote Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
FiscalNote Holdings lagged returns against current returns
Autocorrelation, which is FiscalNote Holdings 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 FiscalNote Holdings' stock expected returns. We can calculate the autocorrelation of FiscalNote Holdings returns to help us make a trade decision. For example, suppose you find that FiscalNote Holdings 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 |
FiscalNote Holdings 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 FiscalNote Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FiscalNote Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FiscalNote Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
FiscalNote Holdings Lagged Returns
When evaluating FiscalNote Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FiscalNote Holdings stock have on its future price. FiscalNote Holdings 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, FiscalNote Holdings autocorrelation shows the relationship between FiscalNote Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in FiscalNote Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether FiscalNote Holdings is a strong investment it is important to analyze FiscalNote Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FiscalNote Holdings' future performance. For an informed investment choice regarding FiscalNote Stock, refer to the following important reports:Check out FiscalNote Holdings Correlation, FiscalNote Holdings Volatility and FiscalNote Holdings Alpha and Beta module to complement your research on FiscalNote Holdings. For information on how to trade FiscalNote Stock refer to our How to Trade FiscalNote Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
FiscalNote Holdings 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.