Findev Inc Stock Performance
| FDI Stock | CAD 0.46 0.01 2.22% |
On a scale of 0 to 100, Findev holds a performance score of 7. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Findev's returns are expected to increase less than the market. However, during the bear market, the loss of holding Findev is expected to be smaller as well. Please check Findev's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Findev's price patterns will revert.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Findev Inc are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Findev showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0674 | Payout Ratio 0.4286 | Last Split Factor 1:35 | Forward Dividend Rate 0.03 | Dividend Date 2024-10-16 |
1 | Findev Inc. Announces Upcoming Dividends for 2025 - TipRanks | 11/14/2024 |
| Begin Period Cash Flow | 286.2 K | |
| Price Earnings Ratio | 6.4286 | |
| Free Cash Flow | 855.7 K |
Findev |
Findev Relative Risk vs. Return Landscape
If you would invest 41.00 in Findev Inc on August 26, 2024 and sell it today you would earn a total of 5.00 from holding Findev Inc or generate 12.2% return on investment over 90 days. Findev Inc is currently producing 0.2013% returns and takes up 2.0928% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than Findev, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Findev Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Findev's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Findev Inc, and traders can use it to determine the average amount a Findev's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0962
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FDI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Findev is performing at about 7% 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.
Findev Fundamentals Growth
Findev Stock prices reflect investors' perceptions of the future prospects and financial health of Findev, and Findev fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Findev Stock performance.
| Return On Equity | 0.0836 | ||||
| Return On Asset | 0.0831 | ||||
| Profit Margin | 0.58 % | ||||
| Operating Margin | 0.94 % | ||||
| Current Valuation | 12.73 M | ||||
| Shares Outstanding | 28.65 M | ||||
| Price To Earning | 8.79 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 3.61 X | ||||
| Revenue | 3.42 M | ||||
| Gross Profit | 2 M | ||||
| EBITDA | 2.24 M | ||||
| Net Income | 2 M | ||||
| Cash And Equivalents | 317.58 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 315.86 K | ||||
| Book Value Per Share | 0.89 X | ||||
| Cash Flow From Operations | 855.72 K | ||||
| Earnings Per Share | 0.07 X | ||||
| Total Asset | 25.1 M | ||||
| Retained Earnings | (22.33 M) | ||||
About Findev Performance
Evaluating Findev's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Findev has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Findev has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Findev Inc. provides real estate financing secured by investment properties and real estate developments. Findev Inc. was founded in 2001 and is based in Toronto, Canada. FINDEV INC operates under Specialty Finance classification in Canada and is traded on TSX Venture Exchange.Things to note about Findev Inc performance evaluation
Checking the ongoing alerts about Findev for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Findev Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Findev Inc has some characteristics of a very speculative penny stock | |
| Findev Inc is unlikely to experience financial distress in the next 2 years | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Findev Inc. Announces Upcoming Dividends for 2025 - TipRanks |
- Analyzing Findev's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Findev's stock is overvalued or undervalued compared to its peers.
- Examining Findev's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Findev's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Findev's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Findev's stock. These opinions can provide insight into Findev's potential for growth and whether the stock is currently undervalued or overvalued.
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.