Futuris Company Stock Price on October 7, 2024
FTRS Stock | USD 0.02 0 16.11% |
If you're considering investing in Futuris Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Futuris stands at 0.02, as last reported on the 23rd of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Futuris appears to be out of control, given 3 months investment horizon. Futuris Company secures Sharpe Ratio (or Efficiency) of 0.024, which denotes the company had a 0.024% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Futuris Company, which you can use to evaluate the volatility of the firm. Please utilize Futuris' Variance of 81.64, mean deviation of 4.23, and Standard Deviation of 9.04 to check if our risk estimates are consistent with your expectations.
Futuris Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Futuris |
Sharpe Ratio = 0.024
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Estimated Market Risk
9.48 actual daily | 84 84% of assets are less volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Futuris is performing at about 1% 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 Futuris by adding it to a well-diversified portfolio.
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Futuris Valuation on October 7, 2024
It is possible to determine the worth of Futuris on a given historical date. On October 7, 2024 Futuris was worth 0.016 at the beginning of the trading date compared to the closed value of 0.016. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Futuris pink sheet. Still, in general, we apply an absolute valuation method to find Futuris' 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 Futuris where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Futuris' related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 2,333 | |
10/07/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Futuris Trading Date Momentum on October 7, 2024
On October 08 2024 Futuris Company was traded for 0.02 at the closing time. The top price for the day was 0.02 and the lowest listed price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on October 8, 2024 did not affect price variability. The overall trading delta against the current closing price is 12.50% . |
Futuris Company Fundamentals Correlations and Trends
By evaluating Futuris' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Futuris' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Futuris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Futuris Pink Sheet history
Futuris 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 Futuris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Futuris Company 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 Futuris stock prices may prove useful in developing a viable investing in Futuris
Futuris Technology Services, Inc. provides technology staffing services and workforce solutions. The company was founded in 2019 and is based in Ashburn, Virginia. FUTURIS CO operates under Staffing Employment Services classification in the United States and is traded on OTC Exchange.
Futuris Pink Sheet Technical Analysis
Futuris technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Futuris Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Futuris Company cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Futuris November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Futuris pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Futuris shares will generate the highest return on investment. By undertsting and applying Futuris pink sheet market strength indicators, traders can identify Futuris Company entry and exit signals to maximize returns
Futuris Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Futuris' price direction in advance. Along with the technical and fundamental analysis of Futuris Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Futuris 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 | 0.0068 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (1.46) | |||
Treynor Ratio | (0.11) |
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Additional Tools for Futuris Pink Sheet Analysis
When running Futuris' price analysis, check to measure Futuris' 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 Futuris is operating at the current time. Most of Futuris' value examination focuses on studying past and present price action to predict the probability of Futuris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futuris' price. Additionally, you may evaluate how the addition of Futuris to your portfolios can decrease your overall portfolio volatility.