FutureTech Graham Net Net vs Tangible Book Value Per Share Analysis

FTIIW Stock  USD 0.03  0.01  63.22%   
FutureTech financial indicator trend analysis is much more than just examining FutureTech II Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FutureTech II Acquisition is a good investment. Please check the relationship between FutureTech Graham Net Net and its Tangible Book Value Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FutureTech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Graham Net Net vs Tangible Book Value Per Share

Graham Net Net vs Tangible Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FutureTech II Acquisition Graham Net Net account and Tangible Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between FutureTech's Graham Net Net and Tangible Book Value Per Share is -0.82. Overlapping area represents the amount of variation of Graham Net Net that can explain the historical movement of Tangible Book Value Per Share in the same time period over historical financial statements of FutureTech II Acquisition, assuming nothing else is changed. The correlation between historical values of FutureTech's Graham Net Net and Tangible Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Graham Net Net of FutureTech II Acquisition are associated (or correlated) with its Tangible Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Book Value Per Share has no effect on the direction of Graham Net Net i.e., FutureTech's Graham Net Net and Tangible Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Graham Net Net

Tangible Book Value Per Share

Most indicators from FutureTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FutureTech II Acquisition 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 FutureTech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to climb to about 905.8 K in 2024, whereas Tax Provision is likely to drop slightly above 709.3 K in 2024.
 2010 2023 2024 (projected)
Net Interest Income1.7M4.8M3.6M
Tax Provision310.3K979.3K709.3K

FutureTech fundamental ratios Correlations

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0.880.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.861.00.980.87-0.881.00.46-0.65-0.83-0.65
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0.730.960.880.71-0.73-0.890.270.720.720.270.850.930.880.950.710.961.00.72-0.940.960.21-0.73-0.93-0.73
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-1.0-0.88-0.52-0.73-1.00.93-0.83-1.0-1.0-0.83-0.98-0.93-0.53-0.91-1.0-0.88-0.79-1.00.67-0.88-0.790.50.520.5
-0.93-0.95-0.79-0.89-0.930.93-0.56-0.93-0.93-0.56-0.98-0.97-0.8-0.98-0.93-0.95-0.92-0.930.89-0.95-0.510.760.790.76
0.820.51-0.050.270.83-0.83-0.560.820.821.00.70.6-0.040.540.830.510.350.83-0.140.511.00.040.040.04
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0.820.51-0.050.270.83-0.83-0.561.00.820.820.70.6-0.040.540.830.510.350.83-0.140.511.00.040.040.04
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0.930.990.740.930.92-0.93-0.970.60.930.930.60.990.751.00.920.990.960.93-0.860.990.55-0.64-0.77-0.64
0.540.781.00.880.52-0.53-0.8-0.040.530.53-0.040.680.750.790.520.780.860.53-0.980.78-0.11-0.95-0.98-0.95
0.911.00.780.950.9-0.91-0.980.540.90.90.540.971.00.790.91.00.970.9-0.891.00.49-0.68-0.82-0.68
1.00.860.510.711.0-1.0-0.930.831.01.00.830.970.920.520.90.860.771.0-0.660.860.79-0.5-0.51-0.5
0.881.00.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.860.980.87-0.881.00.46-0.65-0.83-0.65
0.790.980.861.00.77-0.79-0.920.350.790.790.350.90.960.860.970.770.980.78-0.940.980.29-0.72-0.91-0.72
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-0.68-0.88-0.98-0.94-0.660.670.89-0.14-0.68-0.68-0.14-0.8-0.86-0.98-0.89-0.66-0.88-0.94-0.67-0.88-0.080.920.980.92
0.881.00.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.861.00.980.87-0.880.46-0.65-0.83-0.65
0.780.46-0.120.210.79-0.79-0.511.00.780.781.00.660.55-0.110.490.790.460.290.79-0.080.460.10.10.1
-0.51-0.65-0.95-0.73-0.50.50.760.04-0.51-0.510.04-0.62-0.64-0.95-0.68-0.5-0.65-0.72-0.510.92-0.650.10.871.0
-0.53-0.83-0.98-0.93-0.510.520.790.04-0.52-0.520.04-0.68-0.77-0.98-0.82-0.51-0.83-0.91-0.520.98-0.830.10.870.88
-0.51-0.65-0.95-0.73-0.50.50.760.04-0.51-0.510.04-0.62-0.64-0.95-0.68-0.5-0.65-0.72-0.510.92-0.650.11.00.88
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FutureTech Account Relationship Matchups

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Additional 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.