Fuel Tech Stock Market Value
| FTEK Stock | USD 1.03 0.04 3.74% |
| Symbol | Fuel |
Fuel Tech Price To Book Ratio
Is Environmental & Facilities Services 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 Fuel Tech. If investors know Fuel 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 Fuel Tech 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 (0.74) | Earnings Share (0.02) | Revenue Per Share 0.859 | Quarterly Revenue Growth (0.02) | Return On Assets (0.04) |
The market value of Fuel Tech is measured differently than its book value, which is the value of Fuel that is recorded on the company's balance sheet. Investors also form their own opinion of Fuel Tech's value that differs from its market value or its book value, called intrinsic value, which is Fuel Tech'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 Fuel Tech's market value can be influenced by many factors that don't directly affect Fuel Tech'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 Fuel Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fuel Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fuel Tech'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.
Fuel Tech '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 Fuel Tech'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 Fuel Tech.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Fuel Tech on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Fuel Tech or generate 0.0% return on investment in Fuel Tech over 30 days. Fuel Tech is related to or competes with Federal Signal, CECO Environmental, Zurn Elkay, Euro Tech, China Natural, Vow ASA, and Energy Recovery. Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions ... More
Fuel Tech 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 Fuel Tech'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 Fuel Tech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.48 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.88 |
Fuel Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fuel Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fuel Tech's standard deviation. In reality, there are many statistical measures that can use Fuel Tech historical prices to predict the future Fuel Tech's volatility.| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | 0.0111 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1556 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fuel Tech's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fuel Tech Backtested Returns
As of now, Fuel Stock is risky. Fuel Tech secures Sharpe Ratio (or Efficiency) of 0.0442, which denotes the company had a 0.0442% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fuel Tech, which you can use to evaluate the volatility of the firm. Please confirm Fuel Tech's Coefficient Of Variation of 5603.13, downside deviation of 2.38, and Mean Deviation of 1.61 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Fuel Tech has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Fuel Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fuel Tech is expected to be smaller as well. Fuel Tech right now shows a risk of 2.44%. Please confirm Fuel Tech downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Fuel Tech will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Fuel Tech has virtually no predictability. Overlapping area represents the amount of predictability between Fuel Tech time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Fuel Tech price movement. The serial correlation of 0.02 indicates that only 2.0% of current Fuel Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fuel Tech lagged returns against current returns
Autocorrelation, which is Fuel Tech 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 Fuel Tech's stock expected returns. We can calculate the autocorrelation of Fuel Tech returns to help us make a trade decision. For example, suppose you find that Fuel Tech 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 |
| Timeline |
Fuel Tech 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 Fuel Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fuel Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fuel Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Fuel Tech Lagged Returns
When evaluating Fuel Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fuel Tech stock have on its future price. Fuel Tech 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, Fuel Tech autocorrelation shows the relationship between Fuel Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Fuel Tech.
Regressed Prices |
| Timeline |
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Fuel Tech 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.