Finnovate Acquisition Corp Stock Technical Analysis
| FNVT Stock | USD 11.62 0.00 0.00% |
As of the 27th of November, Finnovate Acquisition shows the Variance of 0.0382, standard deviation of 0.1955, and Mean Deviation of 0.0948. Finnovate Acquisition technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Finnovate Acquisition Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Finnovate, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FinnovateFinnovate |
Finnovate Acquisition 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.
Finnovate Acquisition Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Finnovate Acquisition volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Finnovate Acquisition Trend Analysis
Use this graph to draw trend lines for Finnovate Acquisition Corp. You can use it to identify possible trend reversals for Finnovate Acquisition as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Finnovate Acquisition price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Finnovate Acquisition Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Finnovate Acquisition Corp applied against its price change over selected period. The best fit line has a slop of 0 , which means Finnovate Acquisition Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Finnovate Acquisition price change compared to its average price change.About Finnovate Acquisition Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Finnovate Acquisition Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Finnovate Acquisition Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Finnovate Acquisition price pattern first instead of the macroeconomic environment surrounding Finnovate Acquisition. By analyzing Finnovate Acquisition's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Finnovate Acquisition's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Finnovate Acquisition specific price patterns or momentum indicators. Please read more on our technical analysis page.
Finnovate Acquisition November 27, 2024 Technical Indicators
Most technical analysis of Finnovate help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Finnovate from various momentum indicators to cycle indicators. When you analyze Finnovate charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.059 | |||
| Market Risk Adjusted Performance | 0.3103 | |||
| Mean Deviation | 0.0948 | |||
| Coefficient Of Variation | 868.04 | |||
| Standard Deviation | 0.1955 | |||
| Variance | 0.0382 | |||
| Information Ratio | (0.55) | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.3003 | |||
| Maximum Drawdown | 1.38 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.349 | |||
| Skewness | (0.68) | |||
| Kurtosis | 11.79 |
Additional Tools for Finnovate Stock Analysis
When running Finnovate Acquisition's price analysis, check to measure Finnovate Acquisition'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 Finnovate Acquisition is operating at the current time. Most of Finnovate Acquisition's value examination focuses on studying past and present price action to predict the probability of Finnovate Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finnovate Acquisition's price. Additionally, you may evaluate how the addition of Finnovate Acquisition to your portfolios can decrease your overall portfolio volatility.