Future Intangibles To Total Assets from 2010 to 2024

FTFT Stock  USD 0.77  0.01  1.28%   
Future Fintech Intangibles To Total Assets yearly trend continues to be comparatively stable with very little volatility. Intangibles To Total Assets will likely drop to 0.01 in 2024. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.00966483
Current Value
0.009182
Quarterly Volatility
87.95098659
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Future Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Future Fintech's main balance sheet or income statement drivers, such as Interest Expense of 937, Selling General Administrative of 15.7 M or Total Revenue of 33.6 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 6.0E-4 or PTB Ratio of 0.64. Future financial statements analysis is a perfect complement when working with Future Fintech Valuation or Volatility modules.
  
Check out the analysis of Future Fintech Correlation against competitors.

Latest Future Fintech's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Future Fintech Group over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Future Fintech's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Future Fintech's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Very volatile
   Intangibles To Total Assets   
       Timeline  

Future Intangibles To Total Assets Regression Statistics

Arithmetic Mean22.78
Geometric Mean0.08
Coefficient Of Variation386.04
Mean Deviation42.39
Median0.05
Standard Deviation87.95
Sample Variance7,735
Range341
R-Value0.06
Mean Square Error8,299
R-Squared0
Significance0.83
Slope1.22
Total Sum of Squares108,295

Future Intangibles To Total Assets History

2024 0.009182
2023 0.009665
2020 0.002587
2019 0.0458
2018 340.71
2017 0.17
2016 0.12

About Future Fintech Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Future Fintech income statement, its balance sheet, and the statement of cash flows. Future Fintech investors use historical funamental indicators, such as Future Fintech's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Future Fintech investors may use each financial statement separately, they are all related. The changes in Future Fintech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Future Fintech's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Future Fintech Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Future Fintech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.01  0.01 

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

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Moving against Future Stock

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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.
Pair CorrelationCorrelation Matching

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.