Futurefuel Corp Stock Market Value
| FF Stock | USD 5.21 0.03 0.58% |
| Symbol | FutureFuel |
FutureFuel Corp Price To Book Ratio
Is Specialty Chemicals 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 FutureFuel Corp. If investors know FutureFuel 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 FutureFuel Corp 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 (0.79) | Dividend Share 0.24 | Earnings Share 0.82 | Revenue Per Share 6.257 | Quarterly Revenue Growth (0.56) |
The market value of FutureFuel Corp is measured differently than its book value, which is the value of FutureFuel that is recorded on the company's balance sheet. Investors also form their own opinion of FutureFuel Corp's value that differs from its market value or its book value, called intrinsic value, which is FutureFuel Corp'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 FutureFuel Corp's market value can be influenced by many factors that don't directly affect FutureFuel Corp'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 FutureFuel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FutureFuel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FutureFuel Corp'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.
FutureFuel Corp '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 FutureFuel Corp'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 FutureFuel Corp.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in FutureFuel Corp on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding FutureFuel Corp or generate 0.0% return on investment in FutureFuel Corp over 60 days. FutureFuel Corp is related to or competes with Oil Dri, Quaker Chemical, Ecovyst, Minerals Technologies, Element Solutions, Orion Engineered, and Select Energy. FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, manufactures and sells diversified chemical, bio-... More
FutureFuel Corp 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 FutureFuel Corp'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 FutureFuel Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 22.97 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.15 |
FutureFuel Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FutureFuel Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FutureFuel Corp's standard deviation. In reality, there are many statistical measures that can use FutureFuel Corp historical prices to predict the future FutureFuel Corp's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.36) |
FutureFuel Corp Backtested Returns
FutureFuel Corp secures Sharpe Ratio (or Efficiency) of -0.053, which denotes the company had a -0.053% return per unit of risk over the last 3 months. FutureFuel Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FutureFuel Corp's Variance of 8.4, standard deviation of 2.9, and Mean Deviation of 1.69 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, FutureFuel Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding FutureFuel Corp is expected to be smaller as well. At this point, FutureFuel Corp has a negative expected return of -0.15%. Please make sure to confirm FutureFuel Corp's accumulation distribution, and the relationship between the potential upside and day median price , to decide if FutureFuel Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
FutureFuel Corp has very good reverse predictability. Overlapping area represents the amount of predictability between FutureFuel Corp time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th 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 FutureFuel Corp price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current FutureFuel Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
FutureFuel Corp lagged returns against current returns
Autocorrelation, which is FutureFuel Corp 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 FutureFuel Corp's stock expected returns. We can calculate the autocorrelation of FutureFuel Corp returns to help us make a trade decision. For example, suppose you find that FutureFuel Corp 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 |
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FutureFuel Corp 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 FutureFuel Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FutureFuel Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FutureFuel Corp stock over time.
Current vs Lagged Prices |
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FutureFuel Corp Lagged Returns
When evaluating FutureFuel Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FutureFuel Corp stock have on its future price. FutureFuel Corp 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, FutureFuel Corp autocorrelation shows the relationship between FutureFuel Corp stock current value and its past values and can show if there is a momentum factor associated with investing in FutureFuel Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Check out FutureFuel Corp Correlation, FutureFuel Corp Volatility and FutureFuel Corp Alpha and Beta module to complement your research on FutureFuel Corp. For more detail on how to invest in FutureFuel Stock please use our How to Invest in FutureFuel Corp guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
FutureFuel Corp 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.