Tenet OTC Stock Today

OTC Stocks . USA . 
Stock . Tenet Fintech Group
PKKFF Stock  USD 0.52  0.01  1.89%   

Market Performance

0 of 100

Odds Of Distress

Less than 26

Tenet Fintech is trading at 0.52 as of the 30th of March 2023. This is a -1.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.5. Tenet Fintech has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Tenet Fintech Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 30th of March 2023. Click here to learn more.
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. The company has 99.54 M outstanding shares of which 335.85 K shares are at this time shorted by private and institutional investors with about 0.9 days to cover all short positions. More on Tenet Fintech Group

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Tenet Fintech OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tenet Fintech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tenet Fintech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorJohnson Joseph
Fama & French Classification
Tenet Fintech Group
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tenet Fintech's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Tenet Fintech Group [PKKFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 63.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tenet Fintech's market, we take the total number of its shares issued and multiply it by Tenet Fintech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tenet Fintech Group classifies itself under Software sector and is part of Information Technology industry. The entity has 99.54 M outstanding shares of which 335.85 K shares are at this time shorted by private and institutional investors with about 0.9 days to cover all short positions. 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.
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Ownership
Tenet Fintech maintains a total of 99.54 Million outstanding shares. Tenet Fintech Group has 7.533 % if its outstanding shares held by insiders and 7.533 % owned by institutional holders . Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

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Tenet Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Tenet Fintech jumping above the current price in 90 days from now is more than 93.0%. The Tenet Fintech Group probability density function shows the probability of Tenet Fintech otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the otc stock has a beta coefficient of 1.1818 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Tenet Fintech will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Tenet Fintech Group is significantly underperforming NYSE Composite.
  Odds Below 0.52HorizonTargetOdds Above 0.52
6.50%90 days
 0.52 
93.46%
Based on a normal probability distribution, the odds of Tenet Fintech to move above the current price in 90 days from now is more than 93.0 (This Tenet Fintech Group probability density function shows the probability of Tenet OTC Stock to fall within a particular range of prices over 90 days) .

Tenet Fintech Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tenet Fintech market risk premium is the additional return an investor will receive from holding Tenet Fintech long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tenet Fintech. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tenet Fintech's alpha and beta are two of the key measurements used to evaluate Tenet Fintech's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation3.24
Standard Deviation4.78
Variance22.82
Risk Adjusted Performance0.0074

Tenet Stock Against Markets

Picking the right benchmark for Tenet Fintech otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tenet Fintech otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tenet Fintech is critical whether you are bullish or bearish towards Tenet Fintech Group at a given time.
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Our tools can tell you how much better you can do entering a position in Tenet Fintech without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Tenet Fintech Corporate Management

Elected by the shareholders, the Tenet Fintech's board of directors comprises two types of representatives: Tenet Fintech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tenet. The board's role is to monitor Tenet Fintech's management team and ensure that shareholders' interests are well served. Tenet Fintech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tenet Fintech's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Tenet OTC Stock?

Before investing in Tenet Fintech, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tenet Fintech. To buy Tenet Fintech stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tenet Fintech. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Tenet Fintech stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Tenet Fintech Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Tenet Fintech Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tenet Fintech Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Tenet Fintech Group?

The danger of trading Tenet Fintech Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tenet Fintech is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tenet Fintech. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tenet Fintech Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center. 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Tenet OTC Stock analysis

When running Tenet Fintech Group 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 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 Tenet Fintech value 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.
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