Firan Net Invested Capital from 2010 to 2024

FTG Stock  CAD 7.30  0.04  0.55%   
Firan Technology Net Invested Capital yearly trend continues to be very stable with very little volatility. Net Invested Capital is likely to drop to about 59.3 M. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
80.2 M
Current Value
59.3 M
Quarterly Volatility
8.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Firan Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Firan Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.3 M, Interest Expense of 1.6 M or Selling General Administrative of 21.1 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 1.34. Firan financial statements analysis is a perfect complement when working with Firan Technology Valuation or Volatility modules.
  
This module can also supplement various Firan Technology Technical models . Check out the analysis of Firan Technology Correlation against competitors.

Pair Trading with Firan Technology

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 Firan Technology 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 Firan Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Firan Stock

  0.72ELF E L FinancialPairCorr
  0.8TPX-B Molson Coors CanadaPairCorr
  0.87FFH Fairfax FinancialPairCorr

Moving against Firan Stock

  0.47ELF-PH E L FinancialPairCorr
The ability to find closely correlated positions to Firan Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firan Technology 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 Firan Technology - 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 Firan Technology Group to buy it.
The correlation of Firan Technology 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 Firan Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firan Technology 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 Firan Technology 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

Other Information on Investing in Firan Stock

Firan Technology financial ratios help investors to determine whether Firan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Firan with respect to the benefits of owning Firan Technology security.