Futuretech Ii Acquisition Stock Price on November 14, 2024
FTII Stock | USD 11.34 0.27 2.44% |
If you're considering investing in Futuretech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Futuretech stands at 11.34, as last reported on the 30th of November, with the highest price reaching 11.69 and the lowest price hitting 11.14 during the day. Futuretech is very steady at the moment. Futuretech II Acquisition secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Futuretech II Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Futuretech's Coefficient Of Variation of 783.98, semi deviation of 0.2209, and Standard Deviation of 0.4677 to check if the risk estimate we provide is consistent with the expected return of 0.0494%.
As of now, Futuretech's Capital Stock is increasing as compared to previous years. . As of now, Futuretech's Price Earnings Ratio is increasing as compared to previous years. The Futuretech's current Price Earnings To Growth Ratio is estimated to increase to 0.13, while Price Book Value Ratio is projected to decrease to 2.31. Futuretech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Futuretech |
Sharpe Ratio = 0.1054
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Estimated Market Risk
0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Futuretech is performing at about 8% 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 Futuretech by adding it to a well-diversified portfolio.
Price Book 3.0186 | Book Value (0.66) | Enterprise Value 67.9 M | Enterprise Value Ebitda (64.24) | Shares Float 2.4 M |
Futuretech Main Headline on 14th of November 2024
Cowen and Company, LLC Increases Stake in FutureTech II Acqu... by gurufocus.com
Overview of Recent Transaction by Cowen and Company, LLC On September 30, 2024, Cowen and Company, LLC executed a significant transaction by adding 1,491 shares
Futuretech Valuation on November 14, 2024
It is possible to determine the worth of Futuretech on a given historical date. On November 14, 2024 Futuretech was worth 11.06 at the beginning of the trading date compared to the closed value of 10.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Futuretech stock. Still, in general, we apply an absolute valuation method to find Futuretech'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 Futuretech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Futuretech's related companies.
Open | High | Low | Close | Volume | |
11.06 | 11.06 | 11.06 | 11.06 | 175.00 | |
11/14/2024 | 11.06 | 11.06 | 10.85 | 10.90 | 8,749 |
10.90 | 10.90 | 10.90 | 10.90 | 1.00 |
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Futuretech Trading Date Momentum on November 14, 2024
On November 15 2024 Futuretech II Acquisition was traded for 10.90 at the closing time. The top price for the day was 10.90 and the lowest listed price was 10.90 . There was no trading activity during the period 1.0. Lack of trading volume on November 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.92% . |
Futuretech II Acquisition Fundamentals Correlations and Trends
By evaluating Futuretech'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 Futuretech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Futuretech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Futuretech Stock history
Futuretech 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 Futuretech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Futuretech II Acquisition 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 Futuretech stock prices may prove useful in developing a viable investing in Futuretech
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 12.8 M | 11.1 M | |
Net Loss | -1.2 K | -1.2 K |
Futuretech Stock Technical Analysis
Futuretech 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
Futuretech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Futuretech II Acquisition 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.
Futuretech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Futuretech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Futuretech shares will generate the highest return on investment. By undertsting and applying Futuretech stock market strength indicators, traders can identify Futuretech II Acquisition entry and exit signals to maximize returns
Futuretech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Futuretech's price direction in advance. Along with the technical and fundamental analysis of Futuretech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Futuretech 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 | 0.0912 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.11) |
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Complementary Tools for Futuretech Stock analysis
When running Futuretech's price analysis, check to measure Futuretech'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 Futuretech is operating at the current time. Most of Futuretech's value examination focuses on studying past and present price action to predict the probability of Futuretech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futuretech's price. Additionally, you may evaluate how the addition of Futuretech to your portfolios can decrease your overall portfolio volatility.
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