Future Fintech Group Stock Net Asset
| FTFT Stock | USD 0.77 0.01 1.28% |
Future Fintech Group fundamentals help investors to digest information that contributes to Future Fintech's financial success or failures. It also enables traders to predict the movement of Future Stock. The fundamental analysis module provides a way to measure Future Fintech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Future Fintech stock.
Future | Net Asset |
Future Fintech Group Company Net Asset Analysis
Future Fintech's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Future Fintech Net Asset | 60.94 M |
Most of Future Fintech's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Future Fintech Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Future Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Future Fintech is extremely important. It helps to project a fair market value of Future Stock properly, considering its historical fundamentals such as Net Asset. Since Future Fintech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Future Fintech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Future Fintech's interrelated accounts and indicators.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Future Total Assets
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Based on the recorded statements, Future Fintech Group has a Net Asset of 60.94 M. This is much higher than that of the Food Products sector and significantly higher than that of the Consumer Staples industry. The net asset for all United States stocks is notably lower than that of the firm.
Future Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Future Fintech's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Future Fintech could also be used in its relative valuation, which is a method of valuing Future Fintech by comparing valuation metrics of similar companies.Future Fintech is currently under evaluation in net asset category among its peers.
Future Fintech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Future Fintech from analyzing Future Fintech's financial statements. These drivers represent accounts that assess Future Fintech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Future Fintech's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 65.6M | 72.0M | 87.0M | 26.6M | 27.0M | 25.6M | |
| Enterprise Value | 103.6M | 72.4M | 38.1M | 5.1M | 10.4M | 9.8M |
Future Fintech Institutional Holders
Institutional Holdings refers to the ownership stake in Future Fintech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Future Fintech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Future Fintech's value.| Shares | Susquehanna International Group, Llp | 2023-12-31 | 17.5 K | Group One Trading, Lp | 2023-12-31 | 6.8 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 797 | Simplex Trading, Llc | 2024-03-31 | 743 | Pnc Financial Services Group Inc | 2023-12-31 | 532 | Ubs Group Ag | 2023-12-31 | 365 | Tower Research Capital Llc | 2023-12-31 | 100.0 | Cutler Group Lp | 2023-12-31 | 20.0 | Qube Research & Technologies | 2023-12-31 | 18.0 | Ern Financial, Llc | 2023-12-31 | 0.0 |
Future Fundamentals
| Return On Equity | -0.69 | |||
| Return On Asset | -0.0885 | |||
| Profit Margin | (0.95) % | |||
| Operating Margin | (0.49) % | |||
| Current Valuation | 1.39 M | |||
| Shares Outstanding | 19.99 M | |||
| Shares Owned By Insiders | 24.00 % | |||
| Shares Owned By Institutions | 0.26 % | |||
| Number Of Shares Shorted | 327.3 K | |||
| Price To Earning | 0.14 X | |||
| Price To Book | 0.29 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 34.87 M | |||
| Gross Profit | 5.4 M | |||
| EBITDA | (9.93 M) | |||
| Net Income | (34.04 M) | |||
| Cash And Equivalents | 43.29 M | |||
| Cash Per Share | 0.59 X | |||
| Total Debt | 2.4 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 9.53 X | |||
| Book Value Per Share | 2.16 X | |||
| Cash Flow From Operations | (16.65 M) | |||
| Short Ratio | 7.34 X | |||
| Earnings Per Share | (2.37) X | |||
| Target Price | 4.0 | |||
| Number Of Employees | 66 | |||
| Beta | 0.93 | |||
| Market Capitalization | 15.39 M | |||
| Total Asset | 60.94 M | |||
| Retained Earnings | (185.93 M) | |||
| Working Capital | 36.76 M | |||
| Current Asset | 59.98 M | |||
| Current Liabilities | 34.02 M | |||
| Net Asset | 60.94 M |
About Future Fintech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Future Fintech Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Future Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Future Fintech Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Future Fintech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Future Fintech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Future Fintech will appreciate offsetting losses from the drop in the long position's value.Moving together with Future Stock
| 0.76 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
Moving against Future Stock
| 0.81 | K | Kellanova Earnings Call This Week | PairCorr |
| 0.78 | VITL | Vital Farms | PairCorr |
| 0.78 | CAG | ConAgra Foods Financial Report 11th of July 2024 | PairCorr |
| 0.74 | BG | Bunge Limited | PairCorr |
| 0.7 | CPB | Campbell Soup Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Future Fintech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Future Fintech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Future Fintech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Future Fintech Group to buy it.
The correlation of Future Fintech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Future Fintech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Future Fintech Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Future Fintech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Future Stock Analysis
When running Future Fintech's price analysis, check to measure Future Fintech'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 Future Fintech is operating at the current time. Most of Future Fintech's value examination focuses on studying past and present price action to predict the probability of Future Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Fintech's price. Additionally, you may evaluate how the addition of Future Fintech to your portfolios can decrease your overall portfolio volatility.