FTFT Stock | | | USD 0.40 0.04 9.09% |
Future Fintech financial indicator trend analysis is much more than just examining Future Fintech Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Fintech Group is a good investment. Please check the relationship between Future Fintech Change To Account Receivables and its Issuance Of Capital Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Fintech Group Change To Account Receivables account and
Issuance Of Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Future Fintech's Change To Account Receivables and Issuance Of Capital Stock is -0.13. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Future Fintech Group, assuming nothing else is changed. The correlation between historical values of Future Fintech's Change To Account Receivables and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Future Fintech Group are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Change To Account Receivables i.e., Future Fintech's Change To Account Receivables and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Future Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Fintech Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Selling General Administrative is likely to gain to about 15.7
M in 2024, whereas
Discontinued Operations is likely to drop
(185.95) in 2024.
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.