Future Metals (UK) Price on October 11, 2024
| FME Stock | 0.95 0.00 0.00% |
If you're considering investing in Future Stock, it is important to understand the factors that can impact its price. As of today, the current price of Future Metals stands at 0.95, as last reported on the 28th of November, with the highest price reaching 0.95 and the lowest price hitting 0.95 during the day. At this point, Future Metals is dangerous. Future Metals NL secures Sharpe Ratio (or Efficiency) of 0.0433, which denotes the company had a 0.0433% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Future Metals NL, which you can use to evaluate the volatility of the firm. Please confirm Future Metals' Mean Deviation of 1.24, coefficient of variation of 2308.58, and Downside Deviation of 5.57 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
Future Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Future |
Sharpe Ratio = 0.0433
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | FME | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Future Metals is performing at about 3% 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 Future Metals by adding it to a well-diversified portfolio.
Future Metals Valuation on October 11, 2024
It is possible to determine the worth of Future Metals on a given historical date. On October 11, 2024 Future was worth 0.95 at the beginning of the trading date compared to the closed value of 0.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Future Metals stock. Still, in general, we apply an absolute valuation method to find Future Metals' 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 Future Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Future Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.93 | 0.93 | 0.92 | 0.93 | 25,001 | |
10/11/2024 | 0.95 | 0.98 | 0.95 | 0.95 | 506,786 |
| 0.95 | 0.97 | 0.92 | 0.95 | 102,043 |
| Backtest Future Metals | | | Future Metals History | | | Future Metals Valuation | Previous | Next |
Future Metals Trading Date Momentum on October 11, 2024
| On October 14 2024 Future Metals NL was traded for 0.95 at the closing time. The highest price during the trading period was 0.97 and the lowest recorded bid was listed for 0.92 . The volume for the day was 102 K. This history from October 14, 2024 did not affect price variability. The overall trading delta to the current price is 2.11% . |
Future Metals NL Fundamentals Correlations and Trends
By evaluating Future Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Future Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Future financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Future Metals Stock history
Future Metals 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 Future is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Future Metals NL 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 Future Metals stock prices may prove useful in developing a viable investing in Future Metals
Future Metals Stock Technical Analysis
Future Metals 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
Future Metals Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Future Metals NL cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
Future Metals November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Future Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Future Metals shares will generate the highest return on investment. By undertsting and applying Future Metals stock market strength indicators, traders can identify Future Metals NL entry and exit signals to maximize returns
Future Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Future Metals' price direction in advance. Along with the technical and fundamental analysis of Future Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Future 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 | 0.0405 | |||
| Jensen Alpha | 0.1482 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.0006) | |||
| Treynor Ratio | (0.36) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Future Stock analysis
When running Future Metals' price analysis, check to measure Future Metals' 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 Future Metals is operating at the current time. Most of Future Metals' value examination focuses on studying past and present price action to predict the probability of Future Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Metals' price. Additionally, you may evaluate how the addition of Future Metals to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |