Futuretech Ii Acquisition Stock Market Value
| FTIIW Stock | USD 0.03 0.01 62.29% |
| Symbol | FutureTech |
FutureTech II Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 FutureTech. If investors know FutureTech 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 FutureTech 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 (0.68) | Return On Assets (0.01) |
The market value of FutureTech II Acquisition is measured differently than its book value, which is the value of FutureTech that is recorded on the company's balance sheet. Investors also form their own opinion of FutureTech's value that differs from its market value or its book value, called intrinsic value, which is FutureTech'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 FutureTech's market value can be influenced by many factors that don't directly affect FutureTech'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 FutureTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if FutureTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FutureTech'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.
FutureTech '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 FutureTech'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 FutureTech.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in FutureTech on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding FutureTech II Acquisition or generate 0.0% return on investment in FutureTech over 30 days. FutureTech II Acquisition Corp. does not have significant operations More
FutureTech 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 FutureTech'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 FutureTech II Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.37 | |||
| Information Ratio | 0.1442 | |||
| Maximum Drawdown | 134.68 | |||
| Value At Risk | (36.71) | |||
| Potential Upside | 50.0 |
FutureTech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FutureTech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FutureTech's standard deviation. In reality, there are many statistical measures that can use FutureTech historical prices to predict the future FutureTech's volatility.| Risk Adjusted Performance | 0.1169 | |||
| Jensen Alpha | 3.88 | |||
| Total Risk Alpha | 0.6332 | |||
| Sortino Ratio | 0.1491 | |||
| Treynor Ratio | 2.51 |
FutureTech II Acquisition Backtested Returns
FutureTech is out of control given 3 months investment horizon. FutureTech II Acquisition secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 5.37% are justified by taking the suggested risk. Use FutureTech Mean Deviation of 20.13, downside deviation of 26.37, and Coefficient Of Variation of 676.28 to evaluate company specific risk that cannot be diversified away. FutureTech holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.6, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FutureTech will likely underperform. Use FutureTech jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to analyze future returns on FutureTech.
Auto-correlation | 0.05 |
Virtually no predictability
FutureTech II Acquisition has virtually no predictability. Overlapping area represents the amount of predictability between FutureTech time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 FutureTech II Acquisition price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current FutureTech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FutureTech II Acquisition lagged returns against current returns
Autocorrelation, which is FutureTech 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 FutureTech's stock expected returns. We can calculate the autocorrelation of FutureTech returns to help us make a trade decision. For example, suppose you find that FutureTech 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 |
FutureTech 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 FutureTech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FutureTech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FutureTech stock over time.
Current vs Lagged Prices |
| Timeline |
FutureTech Lagged Returns
When evaluating FutureTech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FutureTech stock have on its future price. FutureTech 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, FutureTech autocorrelation shows the relationship between FutureTech stock current value and its past values and can show if there is a momentum factor associated with investing in FutureTech II Acquisition.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for FutureTech Stock Analysis
When running FutureTech's price analysis, check to measure FutureTech'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 FutureTech is operating at the current time. Most of FutureTech's value examination focuses on studying past and present price action to predict the probability of FutureTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FutureTech's price. Additionally, you may evaluate how the addition of FutureTech to your portfolios can decrease your overall portfolio volatility.