Ftac Emerald Acquisition Stock Market Value
| FLD Stock | 11.29 0.09 0.79% |
| Symbol | FTAC |
FTAC Emerald Acquisition Price To Book Ratio
Is Construction Machinery & Heavy Transportation Equipment 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 FTAC Emerald. If investors know FTAC 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 FTAC Emerald listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Return On Assets (0.01) |
The market value of FTAC Emerald Acquisition is measured differently than its book value, which is the value of FTAC that is recorded on the company's balance sheet. Investors also form their own opinion of FTAC Emerald's value that differs from its market value or its book value, called intrinsic value, which is FTAC Emerald'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 FTAC Emerald's market value can be influenced by many factors that don't directly affect FTAC Emerald'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 FTAC Emerald's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTAC Emerald is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTAC Emerald'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.
FTAC Emerald '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 FTAC Emerald'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 FTAC Emerald.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in FTAC Emerald on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding FTAC Emerald Acquisition or generate 0.0% return on investment in FTAC Emerald over 720 days. FTAC Emerald is related to or competes with Canlan Ice, NETGEAR, Brunswick, Weibo Corp, Senmiao Technology, Mattel, and Arrow Electronics. FTAC Emerald is entity of United States. It is traded as Stock on NASDAQ exchange. More
FTAC Emerald 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 FTAC Emerald'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 FTAC Emerald Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2844 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.3697 |
FTAC Emerald Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FTAC Emerald's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FTAC Emerald's standard deviation. In reality, there are many statistical measures that can use FTAC Emerald historical prices to predict the future FTAC Emerald's volatility.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | 0.0314 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | 0.4957 |
FTAC Emerald Acquisition Backtested Returns
At this point, FTAC Emerald is very steady. FTAC Emerald Acquisition retains Efficiency (Sharpe Ratio) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FTAC Emerald, which you can use to evaluate the volatility of the firm. Please confirm FTAC Emerald's Market Risk Adjusted Performance of 0.5057, coefficient of variation of 878.37, and Standard Deviation of 0.4523 to check if the risk estimate we provide is consistent with the expected return of 0.0588%. FTAC Emerald has a performance score of 10 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0837, which means not very significant fluctuations relative to the market. As returns on the market increase, FTAC Emerald's returns are expected to increase less than the market. However, during the bear market, the loss of holding FTAC Emerald is expected to be smaller as well. FTAC Emerald Acquisition now owns a risk of 0.46%. Please confirm FTAC Emerald Acquisition treynor ratio, expected short fall, and the relationship between the variance and potential upside , to decide if FTAC Emerald Acquisition will be following its current price history.
Auto-correlation | 0.85 |
Very good predictability
FTAC Emerald Acquisition has very good predictability. Overlapping area represents the amount of predictability between FTAC Emerald time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 FTAC Emerald Acquisition price movement. The serial correlation of 0.85 indicates that around 85.0% of current FTAC Emerald price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
FTAC Emerald Acquisition lagged returns against current returns
Autocorrelation, which is FTAC Emerald 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 FTAC Emerald's stock expected returns. We can calculate the autocorrelation of FTAC Emerald returns to help us make a trade decision. For example, suppose you find that FTAC Emerald 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 |
FTAC Emerald 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 FTAC Emerald stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FTAC Emerald stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FTAC Emerald stock over time.
Current vs Lagged Prices |
| Timeline |
FTAC Emerald Lagged Returns
When evaluating FTAC Emerald's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FTAC Emerald stock have on its future price. FTAC Emerald 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, FTAC Emerald autocorrelation shows the relationship between FTAC Emerald stock current value and its past values and can show if there is a momentum factor associated with investing in FTAC Emerald Acquisition.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether FTAC Emerald Acquisition is a strong investment it is important to analyze FTAC Emerald's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FTAC Emerald's future performance. For an informed investment choice regarding FTAC Stock, refer to the following important reports:Check out FTAC Emerald Correlation, FTAC Emerald Volatility and FTAC Emerald Alpha and Beta module to complement your research on FTAC Emerald. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
FTAC Emerald 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.