Future Fintech Group Stock Price on October 1, 2024

FTFT Stock  USD 0.44  0.01  2.33%   
Below is the normalized historical share price chart for Future Fintech Group extending back to April 15, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Future Fintech stands at 0.44, as last reported on the 22nd of November, with the highest price reaching 0.44 and the lowest price hitting 0.43 during the day.
IPO Date
15th of March 2005
200 Day MA
0.6269
50 Day MA
0.3488
Beta
0.912
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Future Stock, it is important to understand the factors that can impact its price. Future Fintech appears to be out of control, given 3 months investment horizon. Future Fintech Group secures Sharpe Ratio (or Efficiency) of 0.07, which denotes the company had a 0.07% return per unit of risk over the last 3 months. By reviewing Future Fintech's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Future Fintech's Downside Deviation of 5.81, coefficient of variation of 1061.93, and Mean Deviation of 4.54 to check if our risk estimates are consistent with your expectations.
  
At this time, Future Fintech's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 108.3 M in 2024, whereas Common Stock Total Equity is likely to drop 42.79 in 2024. . At this time, Future Fintech's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 0.64 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.01). Future Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.07

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Estimated Market Risk

 7.2
  actual daily
64
64% of assets are less volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Future Fintech is performing at about 5% 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 Fintech by adding it to a well-diversified portfolio.
Price Book
0.2135
Enterprise Value Ebitda
1.2677
Price Sales
0.2377
Shares Float
16.6 M
Wall Street Target Price
4

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Future Fintech Valuation on October 1, 2024

It is possible to determine the worth of Future Fintech on a given historical date. On October 1, 2024 Future was worth 0.38 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Future Fintech stock. Still, in general, we apply an absolute valuation method to find Future Fintech'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 Future Fintech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Future Fintech's related companies.
 Open High Low Close Volume
  0.42    0.43    0.36    0.38    233,371  
10/01/2024
  0.38    0.39    0.33    0.35    184,053  
  0.37    0.38    0.35    0.37    168,894  
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Open Value
0.38
0.35
Closing Value
21.99
Upside

Future Fintech Trading Date Momentum on October 1, 2024

On October 02 2024 Future Fintech Group was traded for  0.37  at the closing time. The top price for the day was 0.38  and the lowest listed price was  0.35 . The trading volume for the day was 168.9 K. The trading history from October 2, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 5.71% . The overall trading delta against the current closing price is 11.43% .

Future Fintech Group Fundamentals Correlations and Trends

By evaluating Future Fintech'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 Future Fintech's 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 Fintech Stock history

Future Fintech 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 Fintech Group 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 Fintech stock prices may prove useful in developing a viable investing in Future Fintech
Last ReportedProjected for Next Year
Common Stock Shares Outstanding14.8 M8.2 M
Net Loss-12.3 M-12.9 M

Future Fintech Stock Technical Analysis

Future Fintech 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.
A focus of Future Fintech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Future Fintech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Future Fintech Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Future Fintech Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Fintech November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Future Fintech 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 Fintech shares will generate the highest return on investment. By undertsting and applying Future Fintech stock market strength indicators, traders can identify Future Fintech Group entry and exit signals to maximize returns

Future Fintech Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Future Fintech's 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.

Additional Tools for Future Stock Analysis

When running Future Fintech's price analysis, check to measure Future 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 Future Fintech is operating at the current time. Most of Future Fintech's value examination focuses on studying past and present price action to predict the probability of Future Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Fintech's price. Additionally, you may evaluate how the addition of Future Fintech to your portfolios can decrease your overall portfolio volatility.