FNVT
Price
$11.62
Change
-$0.00 (-0.00%)
Updated
Nov 11 closing price
RENE
Price
$11.63
Change
-$0.00 (-0.00%)
Updated
Nov 11 closing price
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FNVT vs RENE

Header iconFNVT vs RENE Comparison
Open Charts FNVT vs RENEBanner chart's image
Finnovate Acquisition
Price$11.62
Change-$0.00 (-0.00%)
Volume$9.88K
CapitalizationN/A
Cartesian Growth
Price$11.63
Change-$0.00 (-0.00%)
Volume$264
CapitalizationN/A
FNVT vs RENE Comparison Chart
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FNVT vs. RENE commentary
Nov 14, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is FNVT is a Buy and RENE is a Buy.

COMPARISON
Comparison
Nov 14, 2024
Stock price -- (FNVT: $11.62 vs. RENE: $11.63)
Brand notoriety: FNVT and RENE are both not notable
Both companies represent the Financial Conglomerates industry
Current volume relative to the 65-day Moving Average: FNVT: 45% vs. RENE: 0%
Market capitalization -- FNVT: $102.12M vs. RENE: $239.99M
FNVT [@Financial Conglomerates] is valued at $102.12M. RENE’s [@Financial Conglomerates] market capitalization is $239.99M. The market cap for tickers in the [@Financial Conglomerates] industry ranges from $590.24B to $0. The average market capitalization across the [@Financial Conglomerates] industry is $2.42B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

FNVT’s FA Score shows that 1 FA rating(s) are green whileRENE’s FA Score has 0 green FA rating(s).

  • FNVT’s FA Score: 1 green, 4 red.
  • RENE’s FA Score: 0 green, 5 red.
According to our system of comparison, FNVT is a better buy in the long-term than RENE.

Price Growth

FNVT (@Financial Conglomerates) experienced а -0.26% price change this week, while RENE (@Financial Conglomerates) price change was +0.69% for the same time period.

The average weekly price growth across all stocks in the @Financial Conglomerates industry was +0.24%. For the same industry, the average monthly price growth was +0.56%, and the average quarterly price growth was +20.61%.

Reported Earning Dates

FNVT is expected to report earnings on Apr 13, 2023.

RENE is expected to report earnings on May 05, 2023.

Industries' Descriptions

@Financial Conglomerates (+0.24% weekly)

Financial conglomerates usually encompass a wide range of financial services including (not necessarily limited to) investment banking, insurance, capital raising/underwriting, trading of financial securities, investment advisory services, wealth management of high net-worth individuals, and retail banking. Think Citigroup, American Express Company, ING Group.

FUNDAMENTALS
Fundamentals
RENE($240M) has a higher market cap than FNVT($102M). FNVT has higher P/E ratio than RENE: FNVT (59.21) vs RENE (27.07). RENE YTD gains are higher at: 6.307 vs. FNVT (4.968). FNVT has higher annual earnings (EBITDA): -1.6M vs. RENE (-2.03M). FNVT has more cash in the bank: 94.1K vs. RENE (50.9K). FNVT has less debt than RENE: FNVT (450K) vs RENE (3.98M). FNVT (0) and RENE (0) have equivalent revenues.
FNVTRENEFNVT / RENE
Capitalization102M240M43%
EBITDA-1.6M-2.03M79%
Gain YTD4.9686.30779%
P/E Ratio59.2127.07219%
Revenue00-
Total Cash94.1K50.9K185%
Total Debt450K3.98M11%
TECHNICAL ANALYSIS
Technical Analysis
RSI
ODDS (%)
Stochastic
ODDS (%)
Momentum
ODDS (%)
MACD
ODDS (%)
TrendWeek
ODDS (%)
TrendMonth
ODDS (%)
Advances
ODDS (%)
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BollingerBands
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Aroon
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FNVT and

Correlation & Price change

A.I.dvisor tells us that FNVT and TMTCU have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that FNVT and TMTCU's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FNVT
1D Price
Change %
FNVT100%
N/A
TMTCU - FNVT
25%
Poorly correlated
+27.48%
TMTC - FNVT
25%
Poorly correlated
-2.75%
TRTLF - FNVT
25%
Poorly correlated
N/A
APXI - FNVT
24%
Poorly correlated
+0.08%
QOMO - FNVT
24%
Poorly correlated
N/A
More

RENE and

Correlation & Price change

A.I.dvisor indicates that over the last year, RENE has been loosely correlated with FNVT. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if RENE jumps, then FNVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RENE
1D Price
Change %
RENE100%
N/A
FNVT - RENE
45%
Loosely correlated
N/A
LATG - RENE
33%
Poorly correlated
+0.09%
CMCAF - RENE
32%
Poorly correlated
N/A
HYAC - RENE
31%
Poorly correlated
N/A
SVII - RENE
29%
Poorly correlated
-2.14%
More