Tenet OTC Stock Performance

PKKFF Stock  USD 0.14  0.01  7.69%   
The entity has a beta of 1.3682, which indicates a somewhat significant risk relative to the market. Let's try to break down what Tenet's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tenet Fintech will likely underperform. Even though it is essential to pay attention to Tenet Fintech Group current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tenet Fintech Group exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Tenet Fintech Group has an expected return of -1.58%. Please make sure to validate Tenet Fintech semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Tenet Fintech Group performance from the past will be repeated at some point in the near future.

Tenet Performance

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Over the last 90 days Tenet Fintech Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in July 2023. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Begin Period Cash Flow5.9 M

Tenet Fintech Relative Risk vs. Return Landscape

If you would invest  61.00  in Tenet Fintech Group on March 3, 2023 and sell it today you would lose (47.00)  from holding Tenet Fintech Group or give up 77.05% of portfolio value over 90 days. Tenet Fintech Group is currently producing negative expected returns and takes up 11.7381% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Tenet, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Tenet Fintech is expected to under-perform the market. In addition to that, the company is 12.94 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.07 per unit of volatility.

Tenet Fintech Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tenet Fintech's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Tenet Fintech Group, and traders can use it to determine the average amount a Tenet Fintech'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 = -0.1347

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Estimated Market Risk

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Based on monthly moving average Tenet Fintech is performing at about 0% 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 Tenet Fintech by adding it to a well-diversified portfolio.

Tenet Fintech Fundamentals Growth

Tenet OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Tenet Fintech, and Tenet Fintech 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 Tenet OTC Stock performance.

About Tenet Fintech Performance

To evaluate Tenet Fintech Group OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tenet Fintech generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tenet OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tenet Fintech Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Tenet's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Tenet Fintech Group performance evaluation

Checking the ongoing alerts about Tenet Fintech for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Tenet Fintech Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Tenet Fintech Group generated a negative expected return over the last 90 days
Tenet Fintech Group has high historical volatility and very poor performance
Tenet Fintech Group has some characteristics of a very speculative penny stock
The company reported the revenue of 103.63 M. Net Loss for the year was (49.76 M) with profit before overhead, payroll, taxes, and interest of 8.69 M.
Tenet Fintech Group has accumulated about 15.05 M in cash with (40.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evaluating Tenet Fintech's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Tenet Fintech's otc stock performance include:
  • Analyzing Tenet Fintech'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 Tenet Fintech's stock is overvalued or undervalued compared to its peers.
  • Examining Tenet Fintech'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 Tenet Fintech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tenet Fintech's management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of Tenet Fintech's otc stock. These opinions can provide insight into Tenet Fintech's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Tenet Fintech's otc stock performance is not an exact science, and many factors can impact Tenet Fintech's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Equity Center to better understand how to build diversified portfolios. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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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Please note, there is a significant difference between Tenet Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Fintech'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. Check out Your Equity Center to better understand how to build diversified portfolios.