Finnovate Acquisition Corp Performance
| FNVTWDelisted Stock | USD 0.02 0.00 0.00% |
Finnovate Acquisition holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0476, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Finnovate Acquisition are expected to decrease at a much lower rate. During the bear market, Finnovate Acquisition is likely to outperform the market. Use Finnovate Acquisition variance and skewness , to analyze future returns on Finnovate Acquisition.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Finnovate Acquisition Corp are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Finnovate Acquisition showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 244.2 K | |
| Free Cash Flow | -786.6 K |
Finnovate |
Finnovate Acquisition Relative Risk vs. Return Landscape
If you would invest 1.80 in Finnovate Acquisition Corp on November 5, 2024 and sell it today you would earn a total of 0.10 from holding Finnovate Acquisition Corp or generate 5.56% return on investment over 90 days. Finnovate Acquisition Corp is currently producing 1.2572% returns and takes up 9.4103% volatility of returns over 90 trading days. Put another way, 83% of traded pink sheets are less volatile than Finnovate, and 75% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Finnovate Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Finnovate Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Finnovate Acquisition Corp, and traders can use it to determine the average amount a Finnovate Acquisition'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 = 0.1336
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Estimated Market Risk
| 9.41 actual daily | 83 83% of assets are less volatile |
Expected Return
| 1.26 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Finnovate Acquisition 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 Finnovate Acquisition by adding it to a well-diversified portfolio.
Finnovate Acquisition Fundamentals Growth
Finnovate Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Finnovate Acquisition, and Finnovate Acquisition 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 Finnovate Pink Sheet performance.
| Return On Asset | 0.0011 | |||
| EBITDA | 2.49 M | |||
| Total Debt | 1.34 M | |||
| Debt To Equity | 5.91 % | |||
| Book Value Per Share | (0.60) X | |||
| Cash Flow From Operations | (786.64 K) | |||
| Total Asset | 51.24 M | |||
| Retained Earnings | (2.8 M) | |||
About Finnovate Acquisition Performance
Evaluating Finnovate Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Finnovate Acquisition 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 Finnovate Acquisition 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.
Finnovate Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in George Town, the Cayman Islands. Finnovate Acquisition is traded on NASDAQ Exchange in the United States.Things to note about Finnovate Acquisition performance evaluation
Checking the ongoing alerts about Finnovate Acquisition for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Finnovate Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Finnovate Acquisition is not yet fully synchronised with the market data | |
| Finnovate Acquisition is way too risky over 90 days horizon | |
| Finnovate Acquisition has some characteristics of a very speculative penny stock | |
| Finnovate Acquisition appears to be risky and price may revert if volatility continues | |
| Finnovate Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Finnovate Acquisition generates negative cash flow from operations |
- Analyzing Finnovate Acquisition'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 Finnovate Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Finnovate Acquisition'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 Finnovate Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Finnovate Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Finnovate Acquisition's pink sheet. These opinions can provide insight into Finnovate Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Finnovate Pink Sheet
If you are still planning to invest in Finnovate Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Finnovate Acquisition's history and understand the potential risks before investing.
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