Ftc Solar Stock Market Value
| FTCI Stock | USD 0.40 0.01 2.44% |
| Symbol | FTC |
FTC Solar Price To Book Ratio
Is Semiconductors & Semiconductor 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 FTC Solar. If investors know FTC 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 FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.457 | Quarterly Revenue Growth (0.67) | Return On Assets (0.26) | Return On Equity (0.89) |
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar'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 FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar'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 FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTC Solar'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.
FTC Solar '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 FTC Solar'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 FTC Solar.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in FTC Solar on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding FTC Solar or generate 0.0% return on investment in FTC Solar over 360 days. FTC Solar is related to or competes with Sunnova Energy, JinkoSolar Holding, Nextracker, Canadian Solar, Sunrun, Maxeon Solar, and SolarEdge Technologies. FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vie... More
FTC Solar 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 FTC Solar'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 FTC Solar upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.05 | |||
| Information Ratio | 0.0922 | |||
| Maximum Drawdown | 121.74 | |||
| Value At Risk | (11.54) | |||
| Potential Upside | 18.18 |
FTC Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FTC Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FTC Solar's standard deviation. In reality, there are many statistical measures that can use FTC Solar historical prices to predict the future FTC Solar's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.1669 | |||
| Treynor Ratio | 0.8191 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FTC Solar'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.
FTC Solar Backtested Returns
FTC Solar is out of control given 3 months investment horizon. FTC Solar retains Efficiency (Sharpe Ratio) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use FTC Solar Downside Deviation of 8.05, market risk adjusted performance of 0.8291, and Coefficient Of Variation of 988.04 to evaluate company specific risk that cannot be diversified away. FTC Solar holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 1.79, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FTC Solar will likely underperform. Use FTC Solar potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on FTC Solar.
Auto-correlation | -0.04 |
Very weak reverse predictability
FTC Solar has very weak reverse predictability. Overlapping area represents the amount of predictability between FTC Solar time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 FTC Solar price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current FTC Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
FTC Solar lagged returns against current returns
Autocorrelation, which is FTC Solar 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 FTC Solar's stock expected returns. We can calculate the autocorrelation of FTC Solar returns to help us make a trade decision. For example, suppose you find that FTC Solar 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 |
FTC Solar 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 FTC Solar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FTC Solar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FTC Solar stock over time.
Current vs Lagged Prices |
| Timeline |
FTC Solar Lagged Returns
When evaluating FTC Solar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FTC Solar stock have on its future price. FTC Solar 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, FTC Solar autocorrelation shows the relationship between FTC Solar stock current value and its past values and can show if there is a momentum factor associated with investing in FTC Solar.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether FTC Solar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTC Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ftc Solar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ftc Solar Stock:Check out FTC Solar Correlation, FTC Solar Volatility and FTC Solar Alpha and Beta module to complement your research on FTC Solar. For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
FTC Solar 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.