Futuretech Ii Acquisition Stock Market Value
| FTII Stock | USD 11.34 0.27 2.44% |
| Symbol | Futuretech |
Futuretech II Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 Futuretech. If investors know Futuretech 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 Futuretech 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 (0.68) | Earnings Share 0.32 | Return On Assets (0.01) |
The market value of Futuretech II Acquisition is measured differently than its book value, which is the value of Futuretech that is recorded on the company's balance sheet. Investors also form their own opinion of Futuretech's value that differs from its market value or its book value, called intrinsic value, which is Futuretech'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 Futuretech's market value can be influenced by many factors that don't directly affect Futuretech'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 Futuretech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Futuretech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futuretech'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.
Futuretech '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 Futuretech'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 Futuretech.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Futuretech on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Futuretech II Acquisition or generate 0.0% return on investment in Futuretech over 30 days. Futuretech is related to or competes with Visa, Diamond Hill, Distoken Acquisition, Associated Capital, Brookfield Corp, Blackstone, and Carlyle. FutureTech II Acquisition Corp. does not have significant operations More
Futuretech 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 Futuretech'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 Futuretech II Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7028 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.27 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.6387 |
Futuretech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Futuretech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Futuretech's standard deviation. In reality, there are many statistical measures that can use Futuretech historical prices to predict the future Futuretech's volatility.| Risk Adjusted Performance | 0.0912 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.11) |
Futuretech II Acquisition Backtested Returns
Futuretech is very steady at the moment. Futuretech II Acquisition secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Futuretech II Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Futuretech's Standard Deviation of 0.4677, semi deviation of 0.2209, and Coefficient Of Variation of 783.98 to check if the risk estimate we provide is consistent with the expected return of 0.0494%. Futuretech has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Futuretech are completely uncorrelated. Futuretech II Acquisition right now shows a risk of 0.47%. Please confirm Futuretech II Acquisition kurtosis, and the relationship between the downside variance and day median price , to decide if Futuretech II Acquisition will be following its price patterns.
Auto-correlation | -0.37 |
Poor reverse predictability
Futuretech II Acquisition has poor reverse predictability. Overlapping area represents the amount of predictability between Futuretech time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Futuretech II Acquisition price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Futuretech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Futuretech II Acquisition lagged returns against current returns
Autocorrelation, which is Futuretech 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 Futuretech's stock expected returns. We can calculate the autocorrelation of Futuretech returns to help us make a trade decision. For example, suppose you find that Futuretech 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 |
Futuretech 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 Futuretech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Futuretech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Futuretech stock over time.
Current vs Lagged Prices |
| Timeline |
Futuretech Lagged Returns
When evaluating Futuretech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Futuretech stock have on its future price. Futuretech 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, Futuretech autocorrelation shows the relationship between Futuretech stock current value and its past values and can show if there is a momentum factor associated with investing in Futuretech II Acquisition.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Futuretech II Acquisition is a strong investment it is important to analyze Futuretech'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 Futuretech's future performance. For an informed investment choice regarding Futuretech Stock, refer to the following important reports:Check out Futuretech Correlation, Futuretech Volatility and Futuretech Alpha and Beta module to complement your research on Futuretech. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Futuretech 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.