Infintt Acquisition Corp Stock Price on May 15, 2024

IFIN Stock  USD 11.54  0.01  0.09%   
If you're considering investing in InFintT Stock, it is important to understand the factors that can impact its price. As of today, the current price of InFintT Acquisition stands at 11.54, as last reported on the 11th of June 2024, with the highest price reaching 11.54 and the lowest price hitting 11.54 during the day. We consider InFintT Acquisition very steady. InFintT Acquisition Corp holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for InFintT Acquisition Corp, which you can use to evaluate the volatility of the firm. Please check out InFintT Acquisition's Semi Deviation of 0.0754, market risk adjusted performance of (0.32), and Risk Adjusted Performance of 0.0449 to validate if the risk estimate we provide is consistent with the expected return of 0.0237%.
  
At this time, InFintT Acquisition's Total Stockholder Equity is very stable compared to the past year. As of the 11th of June 2024, Common Stock Total Equity is likely to grow to 699.60, while Other Stockholder Equity is likely to drop (87.7 M). . At this time, InFintT Acquisition's Price Earnings Ratio is very stable compared to the past year. As of the 11th of June 2024, Price Earnings To Growth Ratio is likely to grow to 0.32, while Price Book Value Ratio is likely to drop 1.35. InFintT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1389

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Estimated Market Risk

 0.17
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average InFintT 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 InFintT Acquisition by adding it to a well-diversified portfolio.
Price Book
1.6651
Book Value
(1.03)
Enterprise Value
122.7 M
Enterprise Value Ebitda
(60.09)
Shares Float
4.1 M

InFintT Acquisition Valuation on May 15, 2024

It is possible to determine the worth of InFintT Acquisition on a given historical date. On May 15, 2024 InFintT was worth 11.5 at the beginning of the trading date compared to the closed value of 11.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of InFintT Acquisition stock. Still, in general, we apply an absolute valuation method to find InFintT Acquisition's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of InFintT Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against InFintT Acquisition's related companies.
 Open High Low Close Volume
  11.50    11.50    11.50    11.50    1.00  
05/15/2024
  11.50    11.50    11.50    11.50    45,720  
  11.50    11.50    11.50    11.50    14,800  
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Open Value
11.5
11.5
Closing Value
12.01
Upside

InFintT Acquisition Trading Date Momentum on May 15, 2024

On May 16 2024 InFintT Acquisition Corp was traded for  11.50  at the closing time. The top price for the day was 11.50  and the lowest listed price was  11.50 . The trading volume for the day was 14.8 K. The trading history from May 16, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.87% .

InFintT Acquisition Corp Fundamentals Correlations and Trends

By evaluating InFintT Acquisition's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among InFintT Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. InFintT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About InFintT Acquisition Stock history

InFintT Acquisition investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for InFintT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InFintT Acquisition Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing InFintT Acquisition stock prices may prove useful in developing a viable investing in InFintT Acquisition
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.9 M18 M
Net Loss-1 M-1.1 M

InFintT Acquisition Stock Technical Analysis

InFintT 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.
A focus of InFintT Acquisition technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InFintT Acquisition trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

InFintT Acquisition Period Price Range

Low
May 15, 2024
0.00  0.00%
High

 11.50 

     

 11.50 

InFintT Acquisition June 11, 2024 Market Strength

Market strength indicators help investors to evaluate how InFintT Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InFintT Acquisition shares will generate the highest return on investment. By undertsting and applying InFintT Acquisition stock market strength indicators, traders can identify InFintT Acquisition Corp entry and exit signals to maximize returns

InFintT Acquisition Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for InFintT Acquisition's price direction in advance. Along with the technical and fundamental analysis of InFintT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InFintT to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Information and Resources on Investing in InFintT Stock

When determining whether InFintT Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InFintT Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Infintt Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Infintt Acquisition Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InFintT Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Asset Management & Custody Banks 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 InFintT Acquisition. If investors know InFintT 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 InFintT Acquisition 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
0.011
Earnings Share
0.2
Return On Assets
(0.01)
The market value of InFintT Acquisition Corp is measured differently than its book value, which is the value of InFintT that is recorded on the company's balance sheet. Investors also form their own opinion of InFintT Acquisition's value that differs from its market value or its book value, called intrinsic value, which is InFintT Acquisition'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 InFintT Acquisition's market value can be influenced by many factors that don't directly affect InFintT Acquisition'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 InFintT Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if InFintT Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InFintT Acquisition'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.