FTC Solar, Inc. Q4 2022 Earnings Call Transcript
| FTCI Stock | USD 4.75 0.09 1.86% |
Under 61% of FTC Solar's investor base is looking to short. The analysis of overall sentiment of trading FTC Solar stock suggests that many investors are alarmed at this time. FTC Solar's investing sentiment shows overall attitude of investors towards FTC Solar.
FTC |
Operator Good day and thank you for standing by. Welcome to the FTC Solar Earnings Conference Call. At this time all participants are in a listen-only mode.
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FTC Solar Fundamental Analysis
We analyze FTC Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FTC Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FTC Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
FTC Solar is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
FTC Solar Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FTC Solar stock to make a market-neutral strategy. Peer analysis of FTC Solar could also be used in its relative valuation, which is a method of valuing FTC Solar by comparing valuation metrics with similar companies.
Peers
FTC Solar Related Equities
| NXT | Nextracker | 0.84 |
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| FSLR | First Solar | 0.99 |
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| SHLS | Shoals Technologies | 1.83 |
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| SEDG | SolarEdge Technologies | 1.87 |
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| CSIQ | Canadian Solar | 4.16 |
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| JKS | JinkoSolar Holding | 5.52 |
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| MAXN | Maxeon Solar | 5.84 |
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| RUN | Sunrun | 6.60 |
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| NOVA | Sunnova Energy | 13.01 |
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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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