Furukawa OTC Stock Performance

FUWAY -  USA Stock  

USD 10.40  0.60  5.45%

The firm shows a Beta (market volatility) of -0.3455, which means possible diversification benefits within a given portfolio. Let's try to break down what Furukawa's beta means in this case. As returns on the market increase, returns on owning Furukawa Elec are expected to decrease at a much lower rate. During the bear market, Furukawa Elec is likely to outperform the market. Even though it is essential to pay attention to Furukawa Elec historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Furukawa Elec exposes twenty-one different technical indicators, which can help you to evaluate its performance. Furukawa Elec has an expected return of -0.21%. Please be advised to confirm Furukawa Elec variance and potential upside to decide if Furukawa Elec performance from the past will be repeated at some point in the near future.

Furukawa O TC Stock Performance 

 
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 Furukawa Performance
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Over the last 90 days Furukawa Elec has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in November 2021. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Furukawa Price Channel

Quick Ratio0.82
Fifty Two Week Low10.00
Payout Ratio65.64%
Fifty Two Week High14.67
Trailing Annual Dividend Yield576.92%

Furukawa Elec Relative Risk vs. Return Landscape

If you would invest  1,215  in Furukawa Elec on July 20, 2021 and sell it today you would lose (175.00)  from holding Furukawa Elec or give up 14.4% of portfolio value over 90 days. Furukawa Elec is currently producing negative expected returns and takes up 2.3947% volatility of returns over 90 trading days. Put another way, 20% of traded otc stocks are less volatile than Furukawa, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
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Assuming the 90 days horizon Furukawa Elec is expected to under-perform the market. In addition to that, the company is 3.33 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

Furukawa Elec Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Furukawa Elec's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Furukawa Elec, and traders can use it to determine the average amount a Furukawa Elec's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0885

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Estimated Market Risk
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Based on monthly moving average Furukawa Elec is performing at about 0% 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 Elec by adding it to a well-diversified portfolio.

About Furukawa Elec Performance

To evaluate Furukawa Elec OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Furukawa Elec generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Furukawa OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Furukawa Elec stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Furukawa's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Furukawa Electric Co., Ltd. manufactures and sells telecommunications, energy, automobile, electronic parts, 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 48449 people.

Things to note about Furukawa Elec

Checking the ongoing alerts about Furukawa Elec for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Furukawa Elec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Furukawa Elec Alerts

Equity Alerts and Improvement Suggestions

Furukawa Elec generated a negative expected return over the last 90 days
Furukawa Elec has accumulated about 90.62 B in cash with (479 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 640.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Please check Investing Opportunities. Note that the Furukawa Elec information on this page should be used as a complementary analysis to other Furukawa Elec'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Furukawa Elec price analysis, check to measure Furukawa Elec'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 Elec is operating at the current time. Most of Furukawa Elec's value examination focuses on studying past and present price action to predict the probability of Furukawa Elec's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Furukawa Elec's price. Additionally, you may evaluate how the addition of Furukawa Elec to your portfolios can decrease your overall portfolio volatility.
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The market value of Furukawa Elec is measured differently than its book value, which is the value of Furukawa that is recorded on the company's balance sheet. Investors also form their own opinion of Furukawa Elec's value that differs from its market value or its book value, called intrinsic value, which is Furukawa Elec'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 Furukawa Elec's market value can be influenced by many factors that don't directly affect Furukawa Elec underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Furukawa Elec's value and its price as these two are different measures arrived at by different means. Investors typically determine Furukawa Elec value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Furukawa Elec'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.