FTC SOLAR (Germany) Price on February 14, 2024
6YK Stock | EUR 2.70 0.00 0.00% |
If you're considering investing in FTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of FTC SOLAR stands at 2.70, as last reported on the 30th of December, with the highest price reaching 2.70 and the lowest price hitting 2.70 during the day. FTC SOLAR INC retains Efficiency (Sharpe Ratio) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. FTC SOLAR exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FTC SOLAR's Standard Deviation of 7.23, market risk adjusted performance of (16.77), and Variance of 52.34 to check the risk estimate we provide.
FTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FTC |
Sharpe Ratio = -0.1441
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Estimated Market Risk
7.23 actual daily | 64 64% of assets are less volatile |
Expected Return
-1.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FTC SOLAR is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FTC SOLAR by adding FTC SOLAR to a well-diversified portfolio.
FTC SOLAR Valuation on February 14, 2024
It is possible to determine the worth of FTC SOLAR on a given historical date. On February 14, 2024 FTC was worth 5.54 at the beginning of the trading date compared to the closed value of 5.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FTC SOLAR stock. Still, in general, we apply an absolute valuation method to find FTC SOLAR's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FTC SOLAR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FTC SOLAR's related companies.
Open | High | Low | Close | Volume | |
6.41 | 6.75 | 6.41 | 6.68 | 30.00 | |
02/14/2024 | 5.54 | 5.54 | 5.43 | 5.54 | 1.00 |
6.16 | 6.16 | 6.16 | 6.16 | 1.00 |
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FTC SOLAR Trading Date Momentum on February 14, 2024
On February 15 2024 FTC SOLAR INC was traded for 6.16 at the closing time. The highest daily price throughout the period was 6.16 and the lowest price was 6.16 . There was no trading activity during the period 1.0. Lack of trading volume on 02/15/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 11.19% . The overall trading delta to current closing price is 11.91% . |
FTC SOLAR INC Fundamentals Correlations and Trends
By evaluating FTC SOLAR's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FTC SOLAR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FTC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FTC SOLAR Stock history
FTC SOLAR investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FTC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FTC SOLAR INC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FTC SOLAR stock prices may prove useful in developing a viable investing in FTC SOLAR
FTC SOLAR Stock Technical Analysis
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.
Price Boundaries
FTC SOLAR Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
FTC SOLAR INC cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
FTC SOLAR December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how FTC SOLAR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FTC SOLAR shares will generate the highest return on investment. By undertsting and applying FTC SOLAR stock market strength indicators, traders can identify FTC SOLAR INC entry and exit signals to maximize returns
FTC SOLAR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FTC SOLAR's price direction in advance. Along with the technical and fundamental analysis of FTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FTC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (1.05) | |||
Total Risk Alpha | (1.25) | |||
Treynor Ratio | (16.78) |
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Volume Indicators |
Complementary Tools for FTC Stock analysis
When running FTC SOLAR's price analysis, check to measure FTC SOLAR'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 FTC SOLAR is operating at the current time. Most of FTC SOLAR's value examination focuses on studying past and present price action to predict the probability of FTC SOLAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTC SOLAR's price. Additionally, you may evaluate how the addition of FTC SOLAR to your portfolios can decrease your overall portfolio volatility.
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