Efuture Information Technology Etf Profile
| EFUT Etf | 25.94 0.20 0.78% |
Performance12 of 100
| Odds Of DistressLess than 9
|
EFuture Information is selling for under 25.94 as of the 24th of April 2024; that is 0.78% increase since the beginning of the trading day. The etf's last reported lowest price was 25.69. EFuture Information has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for eFuture Information Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 31st of October 2006 | Classification Information Technology |
eFuture Holding Inc. offer software and services to retail and consumer goods industries in China. The company has 0 outstanding shares. More on eFuture Information Technology
Moving together with EFuture Etf
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Moving against EFuture Etf
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| 0.41 | APLD | Applied Blockchain Buyout Trend | PairCorr |
EFuture Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EFuture Information's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EFuture Information or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | Weiquan Ren |
| Business Concentration | Systems Software, Software & Services, Information Technology, NASDAQ Composite Total, Information Technology, Software, Software Providers, IT, Computing (View all Sectors) |
| Total Current Liabilities | 22.46 Million |
| Total Stockholder Equity | 25.73 Million |
| Currency Code | USD |
| Fiscal Year End | December |
| Accounts Payable | 2.58 Million |
| Cash | 14.92 Million |
| 50 Day M A | 26.8545 |
| Code | EFUT |
| Country Name | USA |
| Other Current Assets | 1.36 Million |
| Total Liab | 22.46 Million |
| Home Category | ADR |
| Operating Income | 1.3 Million |
| 200 Day M A | 22.155 |
| Currencysymbol | USD |
| Updated At | 24th of April 2024 |
| Income Before Tax | 1.42 Million |
| Type | Common Stock |
| I P O Date | 31st of October 2006 |
| Is Delisted | false |
| Intangible Assets | 18.04 Million |
| Common Stock | 453,000 |
| Date | 31st of December 2015 |
| Other Current Liab | 15.97 Million |
eFuture Information Technology [EFUT] is traded in USA and was established null. EFuture Information is listed under Systems Software category by Fama And French industry classification. The fund is listed under Information Technology category and is part of Software family. eFuture Information currently have 48.19 M in assets under management (AUM).
eFuture Information Technology currently holds about 96.65 M in cash with 3.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check EFuture Information Probability Of Bankruptcy
EFuture Information Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of EFuture Information jumping above the current price in 90 days from now is about 41.86%. The eFuture Information Technology probability density function shows the probability of EFuture Information etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.9032 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EFuture Information will likely underperform. Additionally, eFuture Information Technology has an alpha of 0.1986, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of EFuture Information to move above the current price in 90 days from now is about 41.86 (This eFuture Information Technology probability density function shows the probability of EFuture Etf to fall within a particular range of prices over 90 days) .
eFuture Information Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. EFuture Information market risk premium is the additional return an investor will receive from holding EFuture Information long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in EFuture Information. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although EFuture Information's alpha and beta are two of the key measurements used to evaluate EFuture Information's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0745 | |||
| Jensen Alpha | 0.1986 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0827 |
EFuture Information Against Markets
Picking the right benchmark for EFuture Information etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in EFuture Information etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for EFuture Information is critical whether you are bullish or bearish towards eFuture Information Technology at a given time. Please also check how EFuture Information's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in EFuture Information without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy EFuture Etf?
Before investing in EFuture Information, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in EFuture Information. To buy EFuture Information etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of EFuture Information. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase EFuture Information etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located eFuture Information Technology etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased eFuture Information Technology etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as eFuture Information Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in eFuture Information Technology?
The danger of trading eFuture Information Technology is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EFuture Information is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EFuture Information. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile eFuture Information is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eFuture Information Technology. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of eFuture Information is measured differently than its book value, which is the value of EFuture that is recorded on the company's balance sheet. Investors also form their own opinion of EFuture Information's value that differs from its market value or its book value, called intrinsic value, which is EFuture Information'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 EFuture Information's market value can be influenced by many factors that don't directly affect EFuture Information'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 EFuture Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if EFuture Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EFuture Information'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.