Furukawa Electric Co Stock Price on March 27, 2020
| FUWAY Stock | USD 10.82 0.21 1.98% |
If you're considering investing in Furukawa Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Furukawa Electric stands at 10.82, as last reported on the 24th of April, with the highest price reaching 10.86 and the lowest price hitting 10.64 during the day. Furukawa Electric appears to be not too volatile, given 3 months investment horizon. Furukawa Electric secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. By reviewing Furukawa Electric's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Furukawa Electric's Mean Deviation of 1.21, coefficient of variation of 515.63, and Downside Deviation of 2.8 to check if our risk estimates are consistent with your expectations.
Furukawa Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Furukawa |
Sharpe Ratio = 0.212
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FUWAY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Furukawa Electric is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Furukawa Electric by adding it to a well-diversified portfolio.
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.
About Furukawa Electric Pink Sheet history
Furukawa Electric investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Furukawa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Furukawa Electric will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Furukawa Electric stock prices may prove useful in developing a viable investing in Furukawa Electric
Furukawa Electric Co., Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. Furukawa Electric Co., Ltd. was founded in 1884 and is headquartered in Tokyo, Japan. Furukawa Elec operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 50867 people.
Furukawa Electric Pink Sheet Technical Analysis
Furukawa Electric technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Furukawa Electric Period Price Range
Furukawa Electric April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Furukawa Electric pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Furukawa Electric shares will generate the highest return on investment. By undertsting and applying Furukawa Electric pink sheet market strength indicators, traders can identify Furukawa Electric Co entry and exit signals to maximize returns
Furukawa Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Furukawa Electric's price direction in advance. Along with the technical and fundamental analysis of Furukawa Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Furukawa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.127 | |||
| Jensen Alpha | 0.4569 | |||
| Total Risk Alpha | 0.156 | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | 1.45 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Furukawa Electric Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Furukawa Electric information on this page should be used as a complementary analysis to other Furukawa Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Furukawa Pink Sheet analysis
When running Furukawa Electric's price analysis, check to measure Furukawa Electric'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 Furukawa Electric is operating at the current time. Most of Furukawa Electric's value examination focuses on studying past and present price action to predict the probability of Furukawa Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Furukawa Electric's price. Additionally, you may evaluate how the addition of Furukawa Electric to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |