Feutune Light Acquisition Alpha and Beta Analysis

FLFVDelisted Stock  USD 1.72  0.00  0.00%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Feutune Light Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Feutune Light over a specified time horizon. Remember, high Feutune Light's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Feutune Light's market risk premium analysis include:
Beta
(0.69)
Alpha
(1.84)
Risk
0.0
Sharpe Ratio
0.0
Expected Return
0.0
Please note that although Feutune Light alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Feutune Light did 1.84  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Feutune Light Acquisition stock's relative risk over its benchmark. Feutune Light Acquisition has a beta of 0.69  . As returns on the market increase, returns on owning Feutune Light are expected to decrease at a much lower rate. During the bear market, Feutune Light is likely to outperform the market. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Feutune Light Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Feutune Light market risk premium is the additional return an investor will receive from holding Feutune Light long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Feutune Light. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Feutune Light's performance over market.
α-1.84   β-0.69

Feutune Light Fundamentals Vs Peers

Comparing Feutune Light's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Feutune Light's direct or indirect competition across all of the common fundamentals between Feutune Light and the related equities. This way, we can detect undervalued stocks with similar characteristics as Feutune Light or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Feutune Light's fundamental indicators could also be used in its relative valuation, which is a method of valuing Feutune Light by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Feutune Light to competition
FundamentalsFeutune LightPeer Average
Return On Asset-0.0127-0.14
Current Valuation17.08 M16.62 B
Shares Outstanding3.16 M571.82 M
Shares Owned By Insiders0.93 %10.09 %
Shares Owned By Institutions3.83 %39.21 %
Number Of Shares Shorted21.68 K4.71 M
Price To Book1.83 X9.51 X

Feutune Light Opportunities

Feutune Light Return and Market Media

The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Feutune Light Acquisition Corporation Announces that It Will Adjourn the Special Meeting of Stockholders to Approve Business Combination with Thunder Power Hold...
06/11/2024
2
Bulldog Investors LLP Purchases Shares of 138,867 Feutune Light Acquisition Co. - MarketBeat
06/14/2024
3
Thunder Power Holdings, Inc. Announces Consummation of Business Combination and Commencement of Trading on Nasdaq
06/21/2024

About Feutune Light Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Feutune or other delisted stocks. Alpha measures the amount that position in Feutune Light Acquisition has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Feutune Light in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Feutune Light's short interest history, or implied volatility extrapolated from Feutune Light options trading.

Build Portfolio with Feutune Light

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Consideration for investing in Feutune Stock

If you are still planning to invest in Feutune Light Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Feutune Light's history and understand the potential risks before investing.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
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
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stocks Directory
Find actively traded stocks across global markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.