Fg Acquisition Corp Stock Price on May 6, 2024

FGAA-U Stock   11.78  0.00  0.00%   
If you're considering investing in FGAA-U Stock, it is important to understand the factors that can impact its price. As of today, the current price of FG Acquisition stands at 11.78, as last reported on the 23rd of December, with the highest price reaching 11.78 and the lowest price hitting 11.78 during the day. At this point, FG Acquisition is very steady. FG Acquisition Corp retains Efficiency (Sharpe Ratio) of 0.0929, which denotes the company had a 0.0929% return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for FG Acquisition, which you can use to evaluate the volatility of the firm. Please confirm FG Acquisition's Market Risk Adjusted Performance of 9.39, standard deviation of 0.4903, and Information Ratio of 0.1882 to check if the risk estimate we provide is consistent with the expected return of 0.0334%.
  
At present, FG Acquisition's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 28.4 K, whereas Total Stockholder Equity is projected to grow to (11.5 M). . FGAA-U Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0929

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Negative ReturnsFGAA-U

Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average FG Acquisition is performing at about 7% of its full potential. 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 FG Acquisition by adding it to a well-diversified portfolio.
Book Value
(7.59)
Enterprise Value
62.3 M
Enterprise Value Ebitda
(13.29)
Price Sales
11.2778
Shares Float
3.8 K

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FG Acquisition Valuation on May 6, 2024

It is possible to determine the worth of FG Acquisition on a given historical date. On May 6, 2024 FGAA-U was worth 10.37 at the beginning of the trading date compared to the closed value of 10.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FG Acquisition stock. Still, in general, we apply an absolute valuation method to find FG Acquisition'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 FG Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FG Acquisition's related companies.
 Open High Low Close Volume
  10.37    10.37    10.37    10.37    1.00  
05/06/2024
  10.37    10.37    10.37    10.37    1.00  
  10.37    10.37    10.37    10.37    1.00  
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Open Value
10.37
10.37
Closing Value
11.45
Upside

FG Acquisition Trading Date Momentum on May 6, 2024

On May 07 2024 FG Acquisition Corp was traded for  10.37  at the closing time. The highest price during the trading period was 10.37  and the lowest recorded bid was listed for  10.37 . There was no trading activity during the period 1.0. Lack of trading volume on May 7, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .

FG Acquisition Corp Fundamentals Correlations and Trends

By evaluating FG Acquisition'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 FG Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FGAA-U financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About FG Acquisition Stock history

FG Acquisition 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 FGAA-U is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FG Acquisition Corp 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 FG Acquisition stock prices may prove useful in developing a viable investing in FG Acquisition
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.9 M11.5 M
Net Loss-12.1 M-11.5 M

FG Acquisition Stock Technical Analysis

FG Acquisition 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.
A focus of FG Acquisition technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FG Acquisition trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

FG Acquisition Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

FG Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

FG Acquisition December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how FG Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FG Acquisition shares will generate the highest return on investment. By undertsting and applying FG Acquisition stock market strength indicators, traders can identify FG Acquisition Corp entry and exit signals to maximize returns

FG Acquisition Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for FG Acquisition's price direction in advance. Along with the technical and fundamental analysis of FGAA-U Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FGAA-U 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.

Complementary Tools for FGAA-U Stock analysis

When running FG Acquisition's price analysis, check to measure FG Acquisition'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 FG Acquisition is operating at the current time. Most of FG Acquisition's value examination focuses on studying past and present price action to predict the probability of FG Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FG Acquisition's price. Additionally, you may evaluate how the addition of FG Acquisition to your portfolios can decrease your overall portfolio volatility.
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