Futu Holdings Stock Market Value
| FUTU Stock | USD 87.23 0.90 1.04% |
| Symbol | Futu |
Futu Holdings Price To Book Ratio
Is Investment Banking & Brokerage 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 Futu Holdings. If investors know Futu 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 Futu Holdings 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 0.08 | Earnings Share 4.08 | Revenue Per Share 69.068 | Quarterly Revenue Growth 0.215 | Return On Assets 0.0374 |
The market value of Futu Holdings is measured differently than its book value, which is the value of Futu that is recorded on the company's balance sheet. Investors also form their own opinion of Futu Holdings' value that differs from its market value or its book value, called intrinsic value, which is Futu Holdings' 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 Futu Holdings' market value can be influenced by many factors that don't directly affect Futu Holdings' 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 Futu Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Futu Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futu Holdings' 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.
Futu Holdings '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 Futu Holdings' 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 Futu Holdings.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Futu Holdings on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Futu Holdings or generate 0.0% return on investment in Futu Holdings over 30 days. Futu Holdings is related to or competes with Bit Digital, Xp, Magic Empire, Applied Blockchain, Bitfarms, Riot Blockchain, and Marathon Digital. Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally More
Futu Holdings 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 Futu Holdings' 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 Futu Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.04 | |||
| Information Ratio | 0.1105 | |||
| Maximum Drawdown | 27.02 | |||
| Value At Risk | (8.72) | |||
| Potential Upside | 11.64 |
Futu Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Futu Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Futu Holdings' standard deviation. In reality, there are many statistical measures that can use Futu Holdings historical prices to predict the future Futu Holdings' volatility.| Risk Adjusted Performance | 0.1124 | |||
| Jensen Alpha | 0.6393 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.1194 | |||
| Treynor Ratio | 1.03 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Futu Holdings' 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.
Futu Holdings Backtested Returns
Futu Holdings appears to be very steady, given 3 months investment horizon. Futu Holdings secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. By reviewing Futu Holdings' technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Futu Holdings' Downside Deviation of 5.04, mean deviation of 4.01, and Coefficient Of Variation of 736.26 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Futu Holdings holds a performance score of 10. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Futu Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Futu Holdings is expected to be smaller as well. Please check Futu Holdings' potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Futu Holdings' price patterns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Futu Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Futu Holdings time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Futu Holdings price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Futu Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 6.32 |
Futu Holdings lagged returns against current returns
Autocorrelation, which is Futu Holdings 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 Futu Holdings' stock expected returns. We can calculate the autocorrelation of Futu Holdings returns to help us make a trade decision. For example, suppose you find that Futu Holdings 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 |
Futu Holdings 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 Futu Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Futu Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Futu Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Futu Holdings Lagged Returns
When evaluating Futu Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Futu Holdings stock have on its future price. Futu Holdings 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, Futu Holdings autocorrelation shows the relationship between Futu Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Futu Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Futu Stock Analysis
When running Futu Holdings' price analysis, check to measure Futu Holdings' 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 Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.