Furukawa Electric Co Stock Price on October 20, 2021
| FUWAY Stock | USD 10.83 0.19 1.79% |
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 10.83, as last reported on the 18th of April 2024, with the highest price reaching 10.83 and the lowest price hitting 10.83 during the day. Furukawa Electric appears to be somewhat reliable, 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 Standard Deviation of 2.53, mean deviation of 1.21, and Variance of 6.38 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 = 0.2144
| 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
| 2.6 actual daily | 22 78% 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.
Furukawa Electric Valuation on October 20, 2021
It is possible to determine the worth of Furukawa Electric on a given historical date. On October 20, 2021 Furukawa was worth 8.91 at the beginning of the trading date compared to the closed value of 8.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Furukawa Electric pink sheet. Still, in general, we apply an absolute valuation method to find Furukawa Electric's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Furukawa Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Furukawa Electric's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 8.91 | 8.91 | 8.91 | 8.91 | 1.00 |
| 8.62 | 8.62 | 8.62 | 8.62 | 1,900 |
| Backtest Furukawa Electric | | | Furukawa Electric History | | | Furukawa Electric Valuation | Next |
Furukawa Electric Trading Date Momentum on October 20, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Furukawa Electric Fundamentals Correlations and Trends
By evaluating Furukawa Electric's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Furukawa Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Furukawa financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
Low | April 4, 2022
| High |
8.91 | 8.91 |
Furukawa Electric April 18, 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 | 0.1384 | |||
| Jensen Alpha | 0.5158 | |||
| Total Risk Alpha | 0.332 | |||
| Treynor Ratio | (14.28) |
| 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |