Future Interest Income vs Net Income Analysis

FTFT Stock  USD 0.81  0.02  2.53%   
Future Fintech financial indicator trend analysis is much more than just examining Future Fintech Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Fintech Group is a good investment. Please check the relationship between Future Fintech Interest Income and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Interest Income vs Net Income

Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Fintech Group Interest Income account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Future Fintech's Interest Income and Net Income is 0.31. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Future Fintech Group, assuming nothing else is changed. The correlation between historical values of Future Fintech's Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Future Fintech Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Income i.e., Future Fintech's Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Future Fintech Group financial statement analysis. It represents the amount of money remaining after all of Future Fintech Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Future Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Fintech Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 15.7 M in 2024, whereas Discontinued Operations is likely to drop (185.95) in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue23.2M18.5M30.3M24.0M
Depreciation And Amortization1.5M1.9M330.1K313.6K

Future Fintech fundamental ratios Correlations

0.00.330.80.020.80.610.61-0.610.36-0.330.310.88-0.070.730.330.570.370.880.950.690.930.620.660.9-0.36
0.00.65-0.430.54-0.18-0.42-0.420.040.140.10.66-0.21-0.230.330.160.060.62-0.150.040.060.15-0.34-0.180.18-0.14
0.330.65-0.290.760.05-0.31-0.320.080.28-0.421.00.0-0.150.80.770.60.90.310.460.540.530.320.170.45-0.28
0.8-0.43-0.29-0.470.790.830.83-0.650.19-0.1-0.30.90.050.24-0.150.25-0.190.720.680.380.620.460.570.62-0.19
0.020.540.76-0.47-0.15-0.76-0.760.230.01-0.280.79-0.43-0.280.640.610.190.560.180.20.330.320.270.220.15-0.01
0.8-0.180.050.79-0.150.610.6-0.690.19-0.620.040.73-0.180.50.140.50.190.760.830.520.780.590.580.6-0.18
0.61-0.42-0.310.83-0.760.611.0-0.50.22-0.07-0.340.890.260.01-0.210.34-0.150.450.460.190.340.260.270.41-0.22
0.61-0.42-0.320.83-0.760.61.0-0.50.23-0.06-0.350.890.270.01-0.210.33-0.150.450.460.210.340.260.270.4-0.23
-0.610.040.08-0.650.23-0.69-0.5-0.5-0.720.20.09-0.610.47-0.220.08-0.18-0.01-0.44-0.52-0.3-0.5-0.18-0.35-0.530.71
0.360.140.280.190.010.190.220.23-0.72-0.090.260.36-0.390.260.180.30.250.20.280.260.280.090.140.42-1.0
-0.330.1-0.42-0.1-0.28-0.62-0.07-0.060.2-0.09-0.41-0.140.18-0.54-0.51-0.72-0.48-0.47-0.54-0.5-0.48-0.66-0.35-0.180.09
0.310.661.0-0.30.790.04-0.34-0.350.090.26-0.41-0.03-0.140.80.770.560.90.30.450.530.530.30.180.44-0.26
0.88-0.210.00.9-0.430.730.890.89-0.610.36-0.14-0.030.070.370.030.470.140.690.750.470.670.420.480.78-0.36
-0.07-0.23-0.150.05-0.28-0.180.260.270.47-0.390.18-0.140.07-0.11-0.130.04-0.12-0.01-0.11-0.11-0.120.090.01-0.220.39
0.730.330.80.240.640.50.010.01-0.220.26-0.540.80.37-0.110.680.70.70.80.830.730.890.720.640.69-0.26
0.330.160.77-0.150.610.14-0.21-0.210.080.18-0.510.770.03-0.130.680.420.650.330.450.510.510.410.160.35-0.18
0.570.060.60.250.190.50.340.33-0.180.3-0.720.560.470.040.70.420.620.640.680.60.60.740.450.49-0.3
0.370.620.9-0.190.560.19-0.15-0.15-0.010.25-0.480.90.14-0.120.70.650.620.240.480.510.510.220.120.53-0.25
0.88-0.150.310.720.180.760.450.45-0.440.2-0.470.30.69-0.010.80.330.640.240.920.680.90.870.820.7-0.2
0.950.040.460.680.20.830.460.46-0.520.28-0.540.450.75-0.110.830.450.680.480.920.810.970.730.660.84-0.28
0.690.060.540.380.330.520.190.21-0.30.26-0.50.530.47-0.110.730.510.60.510.680.810.750.580.510.67-0.25
0.930.150.530.620.320.780.340.34-0.50.28-0.480.530.67-0.120.890.510.60.510.90.970.750.690.70.84-0.28
0.62-0.340.320.460.270.590.260.26-0.180.09-0.660.30.420.090.720.410.740.220.870.730.580.690.760.42-0.09
0.66-0.180.170.570.220.580.270.27-0.350.14-0.350.180.480.010.640.160.450.120.820.660.510.70.760.53-0.14
0.90.180.450.620.150.60.410.4-0.530.42-0.180.440.78-0.220.690.350.490.530.70.840.670.840.420.53-0.42
-0.36-0.14-0.28-0.19-0.01-0.18-0.22-0.230.71-1.00.09-0.26-0.360.39-0.26-0.18-0.3-0.25-0.2-0.28-0.25-0.28-0.09-0.14-0.42
Click cells to compare fundamentals

Future Fintech Account Relationship Matchups

Future Fintech fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab99.1M3.2M6.1M9.9M12.5M14.7M
Cash And Short Term Investments253.8K9.8M52.5M27.1M20.0M25.2M
Common Stock Shares Outstanding22.0M43.1M13.6M14.5M14.8M8.2M
Liabilities And Stockholders Equity62.9M15.9M91.7M85.0M60.9M108.3M
Other Stockholder Equity105.7M133.5M220.5M222.8M233.9M245.6M
Long Term Debt32.5M1.3M183.9K188.2K216.4K205.6K
Non Currrent Assets Other1K62.5K(18.9M)(20.0M)(18.0M)(17.1M)
Accumulated Other Comprehensive Income(9.0M)(398.0K)(536.5K)(3.5M)(4.0M)(3.8M)
Property Plant Equipment17.9K16.7K3.3M5.5M6.3M6.0M
Intangible Assets21.4B41.2M76.1K518.1K589.0K559.5K
Net Tangible Assets(97.8M)8.7M65.8M52.5M47.2M63.8M
Noncontrolling Interest In Consolidated Entity20.3M4.6M4.4M(47.5K)(54.6K)(51.8K)
Retained Earnings Total Equity(2.3M)(188.1M)(213.3M)(124.4M)(111.9M)(106.3M)
Capital Surpluse109.1M105.7M107.9M133.5M153.5M94.3M

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

  0.77LW Lamb Weston Holdings Financial Report 23rd of July 2024 PairCorr

Moving against Future Stock

  0.85VITL Vital FarmsIncPairCorr
  0.82BG Bunge LimitedPairCorr
  0.79DOLE Dole PLCPairCorr
  0.73K KellanovaPairCorr
  0.69ADM Archer Daniels MidlandPairCorr
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
When determining whether Future Fintech Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Future Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Future Fintech Group Stock. Highlighted below are key reports to facilitate an investment decision about Future Fintech Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Future Fintech Group information on this page should be used as a complementary analysis to other Future Fintech'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary 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.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Future Fintech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Future Fintech. If investors know Future will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Future Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.31)
Revenue Per Share
2.364
Quarterly Revenue Growth
0.986
Return On Assets
(0.09)
Return On Equity
(0.64)
The market value of Future Fintech Group is measured differently than its book value, which is the value of Future that is recorded on the company's balance sheet. Investors also form their own opinion of Future Fintech's value that differs from its market value or its book value, called intrinsic value, which is Future Fintech'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 Future Fintech's market value can be influenced by many factors that don't directly affect Future Fintech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Future Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Future Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Future Fintech'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.