Fiscalnote Holdings Stock Market Value
| NOTE Stock | USD 1.20 0.03 2.56% |
| Symbol | FiscalNote |
FiscalNote Holdings Price To Book Ratio
Is FiscalNote Holdings' industry 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 FiscalNote Holdings. If investors know FiscalNote 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 FiscalNote Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 1.009 | Quarterly Revenue Growth 0.09 | Return On Assets (0.10) | Return On Equity (1.23) |
The market value of FiscalNote Holdings is measured differently than its book value, which is the value of FiscalNote that is recorded on the company's balance sheet. Investors also form their own opinion of FiscalNote Holdings' value that differs from its market value or its book value, called intrinsic value, which is FiscalNote Holdings' 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 FiscalNote Holdings' market value can be influenced by many factors that don't directly affect FiscalNote Holdings' 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 FiscalNote Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if FiscalNote Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FiscalNote Holdings' 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.
FiscalNote Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FiscalNote Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FiscalNote Holdings.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in FiscalNote Holdings on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding FiscalNote Holdings or generate 0.0% return on investment in FiscalNote Holdings over 30 days. FiscalNote Holdings is related to or competes with Information Services, Widepoint, Usio, Soluna Holdings, 9F, SEATech Ventures, and Kontrol Technologies. FiscalNote Holdings Inc. operates as technology and data company that delivers critical legal data and insights worldwid... More
FiscalNote Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FiscalNote Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FiscalNote Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.86 | |||
| Information Ratio | 0.0699 | |||
| Maximum Drawdown | 35.66 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.56 |
FiscalNote Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FiscalNote Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FiscalNote Holdings' standard deviation. In reality, there are many statistical measures that can use FiscalNote Holdings historical prices to predict the future FiscalNote Holdings' volatility.| Risk Adjusted Performance | 0.0606 | |||
| Jensen Alpha | 0.4349 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0657 | |||
| Treynor Ratio | 0.4431 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FiscalNote Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FiscalNote Holdings Backtested Returns
FiscalNote Holdings appears to be dangerous, given 3 months investment horizon. FiscalNote Holdings secures Sharpe Ratio (or Efficiency) of 0.054, which denotes the company had a 0.054% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FiscalNote Holdings, which you can use to evaluate the volatility of the firm. Please utilize FiscalNote Holdings' Downside Deviation of 6.86, coefficient of variation of 1193.39, and Mean Deviation of 4.99 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FiscalNote Holdings holds a performance score of 4. The firm shows a Beta (market volatility) of 1.2, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FiscalNote Holdings will likely underperform. Please check FiscalNote Holdings' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether FiscalNote Holdings' price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
FiscalNote Holdings has below average predictability. Overlapping area represents the amount of predictability between FiscalNote Holdings time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FiscalNote Holdings price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current FiscalNote Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FiscalNote Holdings lagged returns against current returns
Autocorrelation, which is FiscalNote Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FiscalNote Holdings' stock expected returns. We can calculate the autocorrelation of FiscalNote Holdings returns to help us make a trade decision. For example, suppose you find that FiscalNote Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FiscalNote Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FiscalNote Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FiscalNote Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FiscalNote Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
FiscalNote Holdings Lagged Returns
When evaluating FiscalNote Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FiscalNote Holdings stock have on its future price. FiscalNote Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FiscalNote Holdings autocorrelation shows the relationship between FiscalNote Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in FiscalNote Holdings.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FiscalNote Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FiscalNote Holdings' short interest history, or implied volatility extrapolated from FiscalNote Holdings options trading.
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Complementary Tools for FiscalNote Stock analysis
When running FiscalNote Holdings' price analysis, check to measure FiscalNote Holdings' 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 FiscalNote Holdings is operating at the current time. Most of FiscalNote Holdings' value examination focuses on studying past and present price action to predict the probability of FiscalNote Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FiscalNote Holdings' price. Additionally, you may evaluate how the addition of FiscalNote Holdings to your portfolios can decrease your overall portfolio volatility.
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FiscalNote Holdings 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.