Futuretech II Acquisition Price on March 20, 2024
| FTIIDelisted Stock | USD 11.78 0.00 0.00% |
If you're considering investing in Futuretech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Futuretech stands at 11.78, as last reported on the 27th of March, with the highest price reaching 11.78 and the lowest price hitting 11.78 during the day. Futuretech is somewhat reliable at the moment. Futuretech II Acquisition secures Sharpe Ratio (or Efficiency) of 0.0482, which denotes the company had a 0.0482 % return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Futuretech II Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Futuretech's Downside Deviation of 3.31, coefficient of variation of 1945.57, and Mean Deviation of 1.16 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Futuretech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Futuretech |
Sharpe Ratio = 0.0482
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Futuretech is performing at about 3% 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 Futuretech by adding it to a well-diversified portfolio.
Futuretech Valuation on March 20, 2024
It is possible to determine the worth of Futuretech on a given historical date. On March 20, 2024 Futuretech was worth 11.11 at the beginning of the trading date compared to the closed value of 11.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Futuretech stock. Still, in general, we apply an absolute valuation method to find Futuretech'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 Futuretech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Futuretech's related companies.
| Open | High | Low | Close | Volume | |
| 11.10 | 11.10 | 11.10 | 11.10 | 7.00 | |
03/20/2024 | 11.11 | 11.11 | 11.11 | 11.11 | 3,100 |
| 11.12 | 11.12 | 11.12 | 11.12 | 100.00 |
| Backtest Futuretech | | | Futuretech History | | | Futuretech Valuation | Previous | Next |
Futuretech Trading Date Momentum on March 20, 2024
| On March 21 2024 Futuretech II Acquisition was traded for 11.12 at the closing time. The top price for the day was 11.12 and the lowest listed price was 11.12 . The trading volume for the day was 100.0. The trading history from March 21, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 0.09% . |
Futuretech II Acquisition Fundamentals Correlations and Trends
By evaluating Futuretech'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 Futuretech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Futuretech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Futuretech Stock history
Futuretech 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 Futuretech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Futuretech II Acquisition 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 Futuretech stock prices may prove useful in developing a viable investing in Futuretech
FutureTech II Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New Rochelle, New York. Futuretech is traded on NASDAQ Exchange in the United States.
Futuretech Stock Technical Analysis
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Futuretech Period Price Range
Low | March 27, 2025
| High |
0.00 | 0.00 |
Futuretech II Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Futuretech March 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Futuretech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Futuretech shares will generate the highest return on investment. By undertsting and applying Futuretech stock market strength indicators, traders can identify Futuretech II Acquisition entry and exit signals to maximize returns
Futuretech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Futuretech's price direction in advance. Along with the technical and fundamental analysis of Futuretech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Futuretech 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 | 0.0496 | |||
| Jensen Alpha | 0.1044 | |||
| Total Risk Alpha | 0.1111 | |||
| Sortino Ratio | 0.0324 | |||
| Treynor Ratio | (0.94) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Futuretech Stock
If you are still planning to invest in Futuretech II Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Futuretech's history and understand the potential risks before investing.
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