Futu Holdings Stock Forecast - Coefficient Of Variation
| FUTU Stock | USD 69.18 1.88 2.65% |
Futu Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Futu Holdings stock prices and determine the direction of Futu Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Futu Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Futu Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Futu Holdings' systematic risk associated with finding meaningful patterns of Futu Holdings fundamentals over time.
Check out Historical Fundamental Analysis of Futu Holdings to cross-verify your projections. Futu |
Open Interest Against 2024-05-10 Futu Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Futu Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Futu Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Futu Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Futu Holdings' open interest, investors have to compare it to Futu Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Futu Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Futu. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Futu Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Futu Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Futu Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
| Check Futu Holdings Volatility | Backtest Futu Holdings | Information Ratio |
Futu Holdings Trading Date Momentum
| On May 08 2024 Futu Holdings was traded for 69.17 at the closing time. The top price for the day was 69.17 and the lowest listed price was 69.17 . There was no trading activity during the period 0.0. Lack of trading volume on May 8, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.72% . |
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Other Forecasting Options for Futu Holdings
For every potential investor in Futu, whether a beginner or expert, Futu Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Futu Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Futu. Basic forecasting techniques help filter out the noise by identifying Futu Holdings' price trends.View Futu Holdings Related Equities
| Risk & Return | Correlation |
Futu Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Futu Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Futu Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Futu Holdings Market Strength Events
Market strength indicators help investors to evaluate how Futu Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Futu Holdings shares will generate the highest return on investment. By undertsting and applying Futu Holdings stock market strength indicators, traders can identify Futu Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 69.18 | |||
| Day Typical Price | 69.18 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (1.88) |
Futu Holdings Risk Indicators
The analysis of Futu Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Futu Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting futu stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.48 | |||
| Semi Deviation | 2.84 | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.29 | |||
| Downside Variance | 11.83 | |||
| Semi Variance | 8.06 | |||
| Expected Short fall | (2.82) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Futu Holdings Investors Sentiment
The influence of Futu Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Futu. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Futu Holdings' public news can be used to forecast risks associated with an investment in Futu. The trend in average sentiment can be used to explain how an investor holding Futu can time the market purely based on public headlines and social activities around Futu Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Futu Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Futu Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Futu Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Futu Holdings.
Futu Holdings Implied Volatility | 77.4 |
Futu Holdings' implied volatility exposes the market's sentiment of Futu Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Futu Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Futu Holdings stock will not fluctuate a lot when Futu Holdings' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Futu Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Futu Holdings' short interest history, or implied volatility extrapolated from Futu Holdings options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Futu Holdings to cross-verify your projections. For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary 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.
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Is Futu Holdings' industry 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 3.92 | Revenue Per Share 65.871 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0447 |
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.