Fg Acquisition Corp Stock Price on September 4, 2024
| FGAA-U Stock | 11.78 0.00 0.00% |
If you're considering investing in FGAA-U Stock, it is important to understand the factors that can impact its price. As of today, the current price of FG Acquisition stands at 11.78, as last reported on the 2nd of December, with the highest price reaching 11.78 and the lowest price hitting 11.78 during the day. At this point, FG Acquisition is very steady. FG Acquisition Corp retains Efficiency (Sharpe Ratio) of 0.2, which denotes the company had a 0.2% return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for FG Acquisition, which you can use to evaluate the volatility of the firm. Please confirm FG Acquisition's Market Risk Adjusted Performance of 13.32, standard deviation of 0.4903, and Information Ratio of (0.03) to check if the risk estimate we provide is consistent with the expected return of 0.0779%.
At present, FG Acquisition's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 28.4 K, whereas Total Stockholder Equity is projected to grow to (11.5 M). . FGAA-U Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FGAA-U |
Sharpe Ratio = 0.1997
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Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average FG Acquisition is performing at about 15% 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 FG Acquisition by adding it to a well-diversified portfolio.
Book Value (7.59) | Enterprise Value 62.3 M | Enterprise Value Ebitda (13.29) | Price Sales 11.2778 | Shares Float 3.8 K |
FG Acquisition Valuation on September 4, 2024
It is possible to determine the worth of FG Acquisition on a given historical date. On September 4, 2024 FGAA-U was worth 11.32 at the beginning of the trading date compared to the closed value of 11.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FG Acquisition stock. Still, in general, we apply an absolute valuation method to find FG Acquisition's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FG Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FG Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.23 | 11.23 | 11.23 | 11.23 | 1.00 | |
09/04/2024 | 11.32 | 11.32 | 11.32 | 11.32 | 100.00 |
| 11.46 | 11.46 | 11.46 | 11.46 | 100.00 |
| Backtest FG Acquisition | | | FG Acquisition History | | | FG Acquisition Valuation | Previous | Next |
FG Acquisition Trading Date Momentum on September 4, 2024
| On September 05 2024 FG Acquisition Corp was traded for 11.46 at the closing time. The highest price during the trading period was 11.46 and the lowest recorded bid was listed for 11.46 . The volume for the day was 100.0. This history from September 5, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.24% . The overall trading delta to the current price is 2.47% . |
FG Acquisition Corp Fundamentals Correlations and Trends
By evaluating FG Acquisition's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FG Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FGAA-U financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FG Acquisition Stock history
FG Acquisition investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FGAA-U is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FG Acquisition Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FG Acquisition stock prices may prove useful in developing a viable investing in FG Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.9 M | 11.5 M | |
| Net Loss | -12.1 M | -11.5 M |
FG Acquisition Stock Technical Analysis
FG Acquisition 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.
Price Boundaries
FG Acquisition Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
FG Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
FG Acquisition December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how FG Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FG Acquisition shares will generate the highest return on investment. By undertsting and applying FG Acquisition stock market strength indicators, traders can identify FG Acquisition Corp entry and exit signals to maximize returns
FG Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FG Acquisition's price direction in advance. Along with the technical and fundamental analysis of FGAA-U Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FGAA-U to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1885 | |||
| Jensen Alpha | 0.1134 | |||
| Total Risk Alpha | 0.0326 | |||
| Treynor Ratio | 13.31 |
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Complementary Tools for FGAA-U Stock analysis
When running FG Acquisition's price analysis, check to measure FG Acquisition'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 FG Acquisition is operating at the current time. Most of FG Acquisition's value examination focuses on studying past and present price action to predict the probability of FG Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FG Acquisition's price. Additionally, you may evaluate how the addition of FG Acquisition to your portfolios can decrease your overall portfolio volatility.
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