Tenet Fintech Group Stock Price on April 18, 2024
| PKKFF Stock | USD 0.06 0.01 15.92% |
If you're considering investing in Tenet Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tenet Fintech stands at 0.06, as last reported on the 1st of May, with the highest price reaching 0.08 and the lowest price hitting 0.06 during the day. Tenet Fintech Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0553, which indicates the firm had a -0.0553% return per unit of risk over the last 3 months. Tenet Fintech Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tenet Fintech's Risk Adjusted Performance of (0.03), coefficient of variation of (1,809), and Variance of 45.25 to confirm the risk estimate we provide.
Tenet Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tenet |
Sharpe Ratio = -0.0553
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| Negative Returns | PKKFF |
Estimated Market Risk
| 6.73 actual daily | 59 59% of assets are less volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tenet Fintech is not performing at its full potential. However, 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 Tenet Fintech by adding Tenet Fintech to a well-diversified portfolio.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tenet Fintech Valuation on April 18, 2024
It is possible to determine the worth of Tenet Fintech on a given historical date. On April 18, 2024 Tenet was worth 0.082 at the beginning of the trading date compared to the closed value of 0.073. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tenet Fintech pink sheet. Still, in general, we apply an absolute valuation method to find Tenet Fintech'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 Tenet Fintech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tenet Fintech's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 110,400 | |
04/18/2024 | 0.08 | 0.08 | 0.07 | 0.07 | 21,300 |
| 0.07 | 0.08 | 0.07 | 0.07 | 97,500 |
| Backtest Tenet Fintech | | | Tenet Fintech History | | | Tenet Fintech Valuation | Previous | Next |
Tenet Fintech Trading Date Momentum on April 18, 2024
| On April 19 2024 Tenet Fintech Group was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.07 . The daily volume was 97.5 K. The net trading volume on 04/19/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.74% . The trading price change to current closing price is 2.74% . |
Tenet Fintech Group Fundamentals Correlations and Trends
By evaluating Tenet Fintech'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 Tenet Fintech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tenet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tenet Fintech Pink Sheet history
Tenet Fintech 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 Tenet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenet Fintech Group 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 Tenet Fintech stock prices may prove useful in developing a viable investing in Tenet Fintech
Tenet Fintech Group Inc., through its subsidiaries, operates in the commercial lending industry in China. Tenet Fintech Group Inc. was incorporated in 2008 and is headquartered in Toronto, Canada. Tenet Fintech is traded on OTC Exchange in the United States.
Tenet Fintech Pink Sheet Technical Analysis
Tenet Fintech technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Tenet Fintech Period Price Range
Low | April 18, 2024
| High |
0.08 | 0.07 |
Tenet Fintech May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tenet Fintech pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenet Fintech shares will generate the highest return on investment. By undertsting and applying Tenet Fintech pink sheet market strength indicators, traders can identify Tenet Fintech Group entry and exit signals to maximize returns
| Accumulation Distribution | 3117.07 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.076 | |||
| Day Typical Price | 0.075 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 44.29 |
Tenet Fintech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tenet Fintech's price direction in advance. Along with the technical and fundamental analysis of Tenet Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenet 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 3.37 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tenet Fintech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Tenet Pink Sheet analysis
When running Tenet Fintech's price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.
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