Fti Consulting Stock Market Value
| FCN Stock | USD 204.10 2.24 1.11% |
| Symbol | FTI |
FTI Consulting Price To Book Ratio
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FTI Consulting. If investors know FTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FTI Consulting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 8.7 | Revenue Per Share 106.211 | Quarterly Revenue Growth 0.037 | Return On Assets 0.0756 |
The market value of FTI Consulting is measured differently than its book value, which is the value of FTI that is recorded on the company's balance sheet. Investors also form their own opinion of FTI Consulting's value that differs from its market value or its book value, called intrinsic value, which is FTI Consulting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FTI Consulting's market value can be influenced by many factors that don't directly affect FTI Consulting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FTI Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTI Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTI Consulting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FTI Consulting 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FTI Consulting's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FTI Consulting.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in FTI Consulting on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding FTI Consulting or generate 0.0% return on investment in FTI Consulting over 720 days. FTI Consulting is related to or competes with Franklin Covey, TransUnion, ICF International, Huron Consulting, and Resources Connection. FTI Consulting, Inc. provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide More
FTI Consulting Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FTI Consulting's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FTI Consulting upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.08 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.82 |
FTI Consulting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FTI Consulting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FTI Consulting's standard deviation. In reality, there are many statistical measures that can use FTI Consulting historical prices to predict the future FTI Consulting's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FTI Consulting's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FTI Consulting Backtested Returns
FTI Consulting secures Sharpe Ratio (or Efficiency) of -0.0699, which denotes the company had a -0.0699% return per unit of return volatility over the last 3 months. FTI Consulting exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FTI Consulting's mean deviation of 0.9685, and Standard Deviation of 1.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, FTI Consulting's returns are expected to increase less than the market. However, during the bear market, the loss of holding FTI Consulting is expected to be smaller as well. At this point, FTI Consulting has a negative expected return of -0.13%. Please make sure to confirm FTI Consulting's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if FTI Consulting performance from the past will be repeated at future time.
Auto-correlation | 0.08 |
Virtually no predictability
FTI Consulting has virtually no predictability. Overlapping area represents the amount of predictability between FTI Consulting time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FTI Consulting price movement. The serial correlation of 0.08 indicates that barely 8.0% of current FTI Consulting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 126.5 |
FTI Consulting lagged returns against current returns
Autocorrelation, which is FTI Consulting stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FTI Consulting's stock expected returns. We can calculate the autocorrelation of FTI Consulting returns to help us make a trade decision. For example, suppose you find that FTI Consulting has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FTI Consulting regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FTI Consulting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FTI Consulting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FTI Consulting stock over time.
Current vs Lagged Prices |
| Timeline |
FTI Consulting Lagged Returns
When evaluating FTI Consulting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FTI Consulting stock have on its future price. FTI Consulting autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FTI Consulting autocorrelation shows the relationship between FTI Consulting stock current value and its past values and can show if there is a momentum factor associated with investing in FTI Consulting.
Regressed Prices |
| Timeline |
Pair Trading with FTI Consulting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FTI Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FTI Consulting will appreciate offsetting losses from the drop in the long position's value.Moving together with FTI Stock
Moving against FTI Stock
| 0.73 | LZ | LegalZoom | PairCorr |
| 0.7 | SQ | Block Inc | PairCorr |
| 0.69 | WM | Waste Management | PairCorr |
| 0.66 | DRVN | Driven Brands Holdings | PairCorr |
| 0.66 | VRSK | Verisk Analytics | PairCorr |
The ability to find closely correlated positions to FTI Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FTI Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FTI Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FTI Consulting to buy it.
The correlation of FTI Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FTI Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FTI Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FTI Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out FTI Consulting Correlation, FTI Consulting Volatility and FTI Consulting Alpha and Beta module to complement your research on FTI Consulting. To learn how to invest in FTI Stock, please use our How to Invest in FTI Consulting guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
FTI Consulting 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.