FingerMotion Ebit Per Revenue from 2010 to 2024
| FNGR Stock | USD 1.91 0.07 3.54% |
Check FingerMotion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FingerMotion's main balance sheet or income statement drivers, such as , as well as many indicators such as . FingerMotion financial statements analysis is a perfect complement when working with FingerMotion Valuation or Volatility modules.
FingerMotion |
About FingerMotion Financial Statements
FingerMotion shareholders use historical fundamental indicators, such as Ebit Per Revenue, to determine how well the company is positioned to perform in the future. Although FingerMotion investors may analyze each financial statement separately, they are all interrelated. The changes in FingerMotion's assets and liabilities, for example, are also reflected in the revenues and expenses on on FingerMotion's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
FingerMotion, Inc., a mobile data specialist company, provides mobile payment and recharge platform solutions in China. It also operates Sapientus, a proprietary big data insights platform that deliver data-driven for businesses in the insurance, healthcare, and financial services industries. Fingermotion operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 68 people.
Pair Trading with FingerMotion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FingerMotion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FingerMotion will appreciate offsetting losses from the drop in the long position's value.Moving against FingerMotion Stock
| 0.58 | KT | KT Corporation | PairCorr |
| 0.53 | TDS | Telephone and Data | PairCorr |
| 0.46 | USM | United States Cellular | PairCorr |
| 0.44 | VEON | VEON | PairCorr |
| 0.44 | TEO | Telecom Argentina | PairCorr |
The ability to find closely correlated positions to FingerMotion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FingerMotion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FingerMotion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FingerMotion to buy it.
The correlation of FingerMotion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FingerMotion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FingerMotion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FingerMotion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for FingerMotion Stock Analysis
When running FingerMotion's price analysis, check to measure FingerMotion'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 FingerMotion is operating at the current time. Most of FingerMotion's value examination focuses on studying past and present price action to predict the probability of FingerMotion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FingerMotion's price. Additionally, you may evaluate how the addition of FingerMotion to your portfolios can decrease your overall portfolio volatility.