Notes

A news scan found the data line: {"FRO":0.087306,"STNG":0.109879,"SPY":0.398046,"HWM":-0.06301,"LPG":-0.063607,"SWKS":1,"CCJ":0.263543,"FTK":0.216931}. This shows the correlation of daily log returns for certain stocks, including SWKS, over the last 60 days through September 11. The numbers represent how closely the returns of these stocks are related to each other, with 1 being a perfect correlation and -1 being a perfect opposite correlation. This data is based on aligned daily log returns, which means the returns are calculated in a specific way to show the relationship between the stocks, and it is descriptive dependence, not independent trials, meaning the returns are connected and not separate events. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data line: {"FRO":0.693519,"STNG":0.645822,"SPY":-0.093761,"HWM":0.105607,"LPG":1,"SWKS":-0.063607,"CCJ":0.014802,"FTK":-0.217524}. This shows the correlation of daily log returns for certain stocks, including FRO, STNG, and LPG, over the last 60 days, up to September 11. The numbers represent how closely the stocks' returns are related to LPG's returns, with 1 being a perfect correlation and -1 being a perfect opposite correlation. This data is based on aligned daily log returns, which means the returns are calculated in a consistent way to make them comparable. The data also notes that these returns are descriptive of dependence, not independent trials, meaning the returns are connected and not separate events. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data line: {"FRO":0.001635,"STNG":0.000071,"SPY":0.270501,"HWM":1,"LPG":0.105607,"SWKS":-0.06301,"CCJ":0.103848,"FTK":0.153743}. This shows the correlation of daily log returns for certain stocks, including FRO, STNG, SPY, HWM, LPG, SWKS, CCJ, and FTK, over the last 60 days, up to September 11. The numbers represent the correlation coefficient, which measures how closely the stocks' returns are related, with 1 meaning perfect correlation and -1 meaning perfect opposite correlation. This data is based on aligned daily log returns, and it describes the dependence between the stocks, rather than independent trials. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data line: {"FRO":0.056317,"STNG":-0.002246,"SPY":1,"HWM":0.270501,"LPG":-0.093761,"SWKS":0.398046,"CCJ":0.474039,"FTK":0.331059}. This shows the correlation of daily log returns for certain stocks, including SPY, over the last 60 days through September 11, indicating how closely their prices move together, which is a measure of descriptive dependence, not independent trials. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the following data line: {"FRO":0.777079,"STNG":1,"SPY":-0.002246,"HWM":0.000071,"LPG":0.645822,"SWKS":0.109879,"CCJ":-0.078969,"FTK":-0.138944}. This shows the correlation of daily log returns for certain stocks, including FRO, STNG, SPY, HWM, LPG, SWKS, CCJ, and FTK, over the last 60 days up to September 11. The numbers represent the correlation coefficient, which measures how closely the stocks' returns are related, with 1 meaning perfectly correlated and -1 meaning perfectly uncorrelated. This data suggests descriptive dependence, meaning the returns are not independent of each other. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline 'FRO R91206 sixty-return correlation row'. The following data was provided: the correlation of daily returns for the stocks FRO, STNG, SPY, HWM, LPG, SWKS, CCJ, and FTK over the last 60 days, ending on September 11, is as follows: FRO has a correlation of 1, STNG has a correlation of 0.777079, SPY has a correlation of 0.056317, HWM has a correlation of 0.001635, LPG has a correlation of 0.693519, SWKS has a correlation of 0.087306, CCJ has a correlation of 0.066146, and FTK has a correlation of -0.132331. This data represents aligned daily log returns, which means it shows how the stocks performed in relation to each other, and it is descriptive of dependence, not independent trials, over the 60-day period. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the data line for the STNG R91206 dividend adjustment audit. The symbol is STNG. The adjustment change days are 27. The first factor is 0.8480725623582767 and the last factor is 1. The latest changes are as follows: on 2024-11-22, the change percentage was 0.7657050902621476 and the implied cash was 0.4020559999999971, on 2025-03-07, the change percentage was 1.0141022093169028 and the implied cash was 0.4017693522906861, on 2025-05-30, the change percentage was 1.0098836920587884 and the implied cash was 0.40101456815817016, on 2025-08-13, the change percentage was 0.9025535560567066 and the implied cash was 0.40180059185066724, on 2025-11-14, the change percentage was 0.6827421909826326 and the implied cash was 0.4188022375781507, on 2026-03-06, the change percentage was 0.5663135925354501 and the implied cash was 0.4432916392363341, on 2026-05-29, the change percentage was 0.6096469355019174 and the implied cash was 0.45204076123633485, and on 2026-08-17, the change percentage was 0.5699088145896702 and the implied cash was 0.45000000000000295. The difference between all or split factors is greater than 0.1 percent. The inferred cash from rounded adjusted prices is not the exact dividend ledger or payment date. The data was retrieved on September 12 for the daily Systematic Investment Plan from September 11, 2020, to September 11, 2026. https://runway.adityaperswal.workers.dev/data/stock-bars

The FRO R91206 dividend adjustment audit shows the following information. The symbol is FRO, and the adjustment change days is 18. The first factor is 0.55, and the last factor is 1. There were several changes, including on 2024-09-13, when the change percentage was 2.8077592025517406 and the implied cash was 0.623231801755293, on 2024-12-11, when the change percentage was 2.340391971292255 and the implied cash was 0.3391428571428588, on 2025-03-14, when the change percentage was 1.2961762799740706 and the implied cash was 0.19999999999999862, on 2025-06-12, when the change percentage was 1.0432102184082082 and the implied cash was 0.18542617046818713, on 2025-09-12, when the change percentage was 1.6125695401147722 and the implied cash was 0.36532242990654085, on 2025-12-12, when the change percentage was 0.8173505498574096 and the implied cash was 0.1861422515308557, on 2026-03-12, when the change percentage was 3.2029406593668153 and the implied cash was 1.0396846388606238, and on 2026-06-12, when the change percentage was 4.356379988757753 and the implied cash was 1.5500000000000098. A news scan found the difference between all and split factors is greater than 0.1 percent. The inferred cash from rounded adjusted prices is not an exact dividend ledger or payment date. This information was retrieved on September 12, 2026, and covers the period from September 11, 2020, to September 11, 2026, for the daily Systematic Investment Plan, which is a type of investment plan where a fixed amount of money is invested at regular intervals. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline 'FTK R91206 completed September 11 SIP signal and range panel'. A data line for FTK, retrieved on September 12 at 06:03 UTC, shows the following information from January 1, 2020, to September 11, 2023:40 UTC. The symbol is FTK, the date is September 11, 2026, and the closing price is 27.33. The prior 20-day closing price is 35.83. The Simple Moving Average, or SMA, over 50 days is 26.82, and over 200 days is 20.15. The Average Daily Range, or ADR, over 20 days is 1.96, which is the mean of the high-low range. The Average True Range, or ATR, over 20 days is 2.05, which is the mean of the true range, not using Wilder smoothing. The return over 20 days is -20.58 percent, and the return over 60 days is 100.70 percent. The signal is false, the stop is 23.41, and the target is 39.09. The volume over 20 days is 700,526. The whole fund affordability uses 170.20 only. This data includes sample standard deviation of log returns, 20 and 60 returns, and illustration of stops and targets, but it does not include any order or executable quote. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=FTK&timeframe=1Day&feed=sip&adjustment=all

A news scan found the headline 'CCJ R91206 completed September 11 SIP signal and range panel'. The following data was retrieved on September 12 at 06:03 UTC, covering the period from January 1, 2020, to September 11, 2023, at 23:40Z. The data for the symbol CCJ on September 11, 2026, at 04:00:00Z is as follows: the closing price was 96.68, the prior 20-day average was 107.36, the 50-day Simple Moving Average, a calculation of the average price over a set period, was 95.1798, and the 200-day Simple Moving Average was 105.69355. The Average Daily Range, the mean of the daily high-low range, over 20 days was 3.344795, and the Average True Range, a measure of volatility, over 20 days was 3.858995. The return over 20 days was -1.094629 percent, and the signal, an indication to buy or sell, was false. The stop, a price level to limit losses, was 89.99041, and the target, a desired price level, was 116.74877. The 20-day average volume was 2620679.4. The whole fund affordability uses a price of 170.20 only. This data includes sample standard deviation of log returns, 20 and 60-day returns, and illustrations of stops and targets, but does not include any orders or executable quotes. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=CCJ&timeframe=1Day&feed=sip&adjustment=all

A news scan found the signal data for SWKS. On September 11, 2026, at 04:00:00Z, the data showed the following information for the symbol SWKS: the closing price was 88.35, the prior 20-day average was 84.03, the 50-day Simple Moving Average, or SMA, was 65.97, and the 200-day SMA was 63.71. The Average Daily Range, or ADR, over 20 days was 3.63, and the Average True Range, or ATR, over 20 days was 3.64. The return over 20 days was 26.65 percent, and the signal was true. The stop price was 81.08, and the target price was 110.16. The average volume over 20 days was 6,279,018. The data also included the percentage of returns over 20 and 60 days, which were 47.15 percent and 50.51 percent, respectively. This data was retrieved on September 12 at 06:03 UTC, and covers the period from January 1, 2020, to September 11, 2026, at 23:40Z. The sample standard deviation, or SD, used a log return calculation with one degree of freedom, and the ADR and ATR calculations used the mean high-low and mean true range, respectively, without Wilder smoothing. The data illustrates stop and target prices, but does not include any orders or executable quotes. The whole fund affordability uses a price of 170.20. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=SWKS&timeframe=1Day&feed=sip&adjustment=all

A news scan found the headline 'LPG R91206 completed September 11 SIP signal and range panel'. On September 11, 2026, at 04:00:00Z, the stock symbol LPG had a close price of 55.18. The prior 20-day average was 55.2. The Simple Moving Average, or SMA, which is a calculation of the average price over a certain period, for 50 days was 45.9394, and for 200 days was 35.572449999999996. The Average Daily Range, or ADR, which is the average of the daily high-low prices, over 20 days was 1.6405249999999996. The Average True Range, or ATR, which is a measure of price volatility, over 20 days was 1.7889799999999993. The return, or change in price, over 20 days was 20.929213236905532 percent. The signal, which is a decision to buy or sell, was false. The stop, or minimum price to sell, was 51.89895, and the target, or desired price to sell, was 65.02315. The volume, or number of shares traded, over 20 days was 547469. This data was retrieved on September 12 at 06:03 UTC, and covers the period from January 1, 2020, to September 11, 2026, at 23:40Z. The calculations include sample standard deviation, log returns, and mean true range, but do not use Wilder smoothing. The illustration includes stops and targets, but does not represent an actual order or executable quote. The whole fund affordability uses a value of 170.20. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=LPG&timeframe=1Day&feed=sip&adjustment=all

A news scan found the headline 'HWM R91206 completed September 11 SIP signal and range panel'. The data for the symbol HWM on September 11, 2026, at 04:00:00Z is as follows: the closing price was 229.61, the prior 20-day average was 292.65, the 50-day Simple Moving Average, which is a calculation of the average price over 50 days, was 272.24, and the 200-day Simple Moving Average was 245.97. The Average Daily Range, which is the mean of the high-low range over 20 days, was 8.20, and the Average True Range, which is a measure of volatility, over 20 days was 9.83. The 20-day and 60-day returns as a percentage were -18.81 and not provided, respectively. The signal, which is a trigger to buy or sell, was false. The stop, which is the price at which to sell to limit losses, was 213.20, and the target, which is the price at which to sell to take profits, was 278.83. The volume over 20 days was 3664544.4. The data was retrieved on September 12 at 06:03 UTC, covering the period from January 1, 2020, to September 11, 2026, at 23:40Z. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=HWM&timeframe=1Day&feed=sip&adjustment=all

A news scan found the headline 'SPY R91206 completed September 11 SIP signal and range panel'. A data line for the SPY symbol was retrieved on September 12 at 06:03 UTC, covering the period from January 1, 2020, to September 11, 2023, at 23:40Z. The data shows the following information: the date is September 11, 2026, at 04:00:00Z, the closing price is 764.29, and the prior 20-day average is 777.88. The Simple Moving Average, or SMA, which is a calculation of the average price over a certain period, for 50 days is 758.62 and for 200 days is 712.05. The Average Daily Range, or ADR, which measures the average difference between high and low prices over 20 days, is 4.24, and the Average True Range, or ATR, which measures the average range of prices over 20 days, is 5.45. The return over 20 days is -1.75 percent, and the signal, which is a trigger to buy or sell, is false. The stop price, which is the price at which to stop buying or selling, is 755.81, and the target price, which is the desired price, is 789.73. The volume over 20 days is 37,423,783.5. The fund's whole affordability, which uses a value of 170.20, is 0. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=SPY&timeframe=1Day&feed=sip&adjustment=all

A news scan found the report for STNG on September 11. The report includes the following information: the symbol is STNG, the date is September 11, 2026, and the closing price is 84.52. The prior 20-day average is 84.51, the 50-day simple moving average, or SMA50, is 77.93, and the 200-day simple moving average, or SMA200, is 70.84. The average daily range, or ADR, over 20 days is 2.00, and the average true range, or ATR, over 20 days is 2.12. The return over 20 days is 8.23 percent and over 60 days is 25.44 percent and 34.99 percent, respectively, as a percentage of the average true range. The signal is true, the stop is 80.52, and the target is 96.53. The volume over 20 days is 725,188. The whole fund affordability uses 170.20. This report was retrieved on September 12 at 06:03 UTC and covers the period from January 1, 2020, to September 11, 2026, at 23:40Z. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=STNG&timeframe=1Day&feed=sip&adjustment=all

A news scan found the headline 'FRO R91206 completed September 11 SIP signal and range panel'. The data for the symbol FRO on September 11, 2026, at 04:00:00Z is as follows: the closing price was 49.21, the prior 20-day average was 48.4, the 50-day Simple Moving Average, or SMA, which is a calculation of the average price over a certain period, was 40.8458, and the 200-day SMA was 32.8532. The Average Daily Range, or ADR, which is the mean of the high-low range over 20 days, was 1.3496, and the Average True Range, or ATR, which is a measure of volatility, was 1.5461. The 20-day and 60-day returns as a percentage were 21.4462 and not directly provided, but the 20-day and 60-day realized volatility as a percentage, or RV, were 36.1031 and 45.6912. The signal, which indicates a buy or sell decision, was true, the stop loss, which is the price at which to sell a security, was 46.5109, and the target price, which is the expected price of a security, was 57.3073. The 20-day average volume was 2551724.1. The data was retrieved on September 12 at 06:03 UTC, and covers the period from January 1, 2020, to September 11, 2026, at 23:40Z. The fund's whole affordability uses a value of 170.20. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=FRO&timeframe=1Day&feed=sip&adjustment=all

A news scan found the data line: FTK R91204 corrected open/close portfolio drawdowns supersede 25979-25990. The data shows the results of different trading scenarios. The scenarios have different parameters, including the length of the trading period, the start date, the slip, which is the difference between the expected and actual price of a trade, the return on investment, the drawdown, which is the largest decline in value from a peak, the number of trades, and the win rate, which is the percentage of successful trades. The data includes the following scenarios: a 10-day period starting on 2021-01-01 with a slip of 5, a 10-day period starting on 2021-01-01 with a slip of 15, a 10-day period starting on 2025-01-01 with a slip of 5, a 10-day period starting on 2025-01-01 with a slip of 15, a 20-day period starting on 2021-01-01 with a slip of 5, a 20-day period starting on 2021-01-01 with a slip of 15, a 20-day period starting on 2025-01-01 with a slip of 5, a 20-day period starting on 2025-01-01 with a slip of 15, a 40-day period starting on 2021-01-01 with a slip of 5, a 40-day period starting on 2021-01-01 with a slip of 15, a 40-day period starting on 2025-01-01 with a slip of 5, and a 40-day period starting on 2025-01-01 with a slip of 15. The results of these scenarios are: a return of -75.93145423578105 and a drawdown of 86.70308382668155 for the first scenario, a return of -77.08236320291697 and a drawdown of 87.14758020071493 for the second scenario, a return of -4.5904461578265 and a drawdown of 46.90877590119153 for the third scenario, a return of -7.502678720910063 and a drawdown of 47.8558695467605 for the fourth scenario, a return of -85.72309236935189 and a drawdown of 88.3078092491578 for the fifth scenario, a return of -86.44652022049006 and a drawdown of 88.69866200971627 for the sixth scenario, a return of -29.24358409502228 and a drawdown of 41.741383902044085 for the seventh scenario, a return of -31.19728638446766 and a drawdown of 43.066098483525536 for the eighth scenario, a return of -59.32939565913592 and a drawdown of 59.39056671653298 for the ninth scenario, a return of -60.61025336424755 and a drawdown of 60.61025336424759 for the tenth scenario, a return of -17.78387832940527 and a drawdown of 31.707240569481453 for the eleventh scenario, and a return of -19.572883728807575 and a drawdown of 32.85847323776496 for the twelfth scenario. The fix uses actual open and close marks, instead of two close marks that placed the exit-day close before the intraday exit. The fills, returns, win rates, and Monte Carlo simulations remain unchanged. The primary holdout drawdown is 41.7414 and the stress is 43.0661, while the training drawdown is 88.3078 and the stress is 88.6987. The open and close marked drawdown is not the full intraday worst case. https://runway.adityaperswal.workers.dev/data/stock-bars

A news scan found the headline about the FTK R91204 facility and intellectual property boundary. As of the 2025 annual filing on March 16, 2026, there are 3 US manufacturing facilities, with 2 owned facilities located in Connecticut and Marlow, Oklahoma, and Raceland, Louisiana, and 1 leased warehouse and sales facility in Dubai. The company has 144 granted patents, with 113 in Connecticut and 31 in Dubai, and 4 pending patents in Dubai. This differs from later promotional materials by over 130 due to differences in date and rounding. The facility table does not disclose tonnage capacity, utilization, or qualified alternate lead time, and there is no fabricated physical throughput ceiling. The market price is 27.33 with a 20-day volume of 700,525.6, which gives ample volume for a fund of 170.20, but this does not resolve the edge. https://www.sec.gov/Archives/edgar/data/928054/000092805426000020/ftk-20251231.htm

A quarterly cash flow report for FTK, which is a type of financial document that shows the inflows and outflows of cash, was filed on May 7 for the first quarter of 2026. The report showed that the company had $0.021 million in operating cash flow, which is the cash generated from a company's operations, $1.002 million in capital expenditures, which is the money spent on assets that will last a long time, and $4.664 million in net income, which is the company's profit. The report for the first half of the year, filed on August 6, showed that the company had -$6.580 million in operating cash flow, $1.239 million in capital expenditures, and $14.617 million in net income. Using these numbers, it can be calculated that in the second quarter, the company had -$6.601 million in operating cash flow, $0.237 million in capital expenditures, and -$6.838 million in free cash flow, which is the cash available after capital expenditures. The net income for the second quarter was $9.953 million. In the first quarter, the free cash flow was -$0.981 million. The sales related to the first quarter were 74.1%, but this number fell to 56.5% in the second quarter. This information does not provide evidence of issues with Saudi invoices or permanent cash flow problems. The source of this information is the company's filing with the Securities and Exchange Commission, available at https://www.sec.gov/Archives/edgar/data/928054/000092805426000080/ftk-20260630.htm. https://www.sec.gov/Archives/edgar/data/928054/000092805426000047/ftk-20260331.htm

A diagnostic test was run on the FTK R91204 using a Command Line Interface, or CLI, which is a way to interact with a computer program using text commands. The test used a breakout strategy, which means buying when a stock price breaks out, or moves above, a certain level, over 20 days, with a stop loss of 10%, or selling when the stock price falls 10% below the buy price, and a target return of 30%. The results showed a return of 13.777436%, a drawdown, or maximum loss, of 49.907356%, and a win rate of 33.333333% over 66 trades and 1408 bars of data from the IEX exchange. The CLI used unadjusted data from IEX, which means it did not account for certain costs or adjustments, and did not set aside a separate holdout sample for testing. This means the results are not comparable to the SIP 3R rule, which is a different trading strategy. The test also did not consider sizing input, which refers to the amount of money invested in each trade. A separate test was run on September 11, 2020, which found 1682 unique matches between FTK and SPY, with 1086 matches from ACDC, and no missing dates for FTK compared to SPY, with valid high, low, open, and close prices. The primary entry day stops were November 6, 2024, with a price change from 6.38 to 5.90403, November 20, 2024, with a price change from 8.50 to 7.65604, and October 7, 2025, with a price change from 17.71 to 16.02776. There is no claim of 15-minute coverage, which refers to the frequency of data updates. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=FTK&timeframe=1Day&feed=sip&adjustment=all

The final scenarios for FTK R91204 are as follows: there are three possible scenarios, bear, base, and bull. In the bear scenario, the EBITDA margin assumed is 40, the multiple assumed is 12, the price is 11.982243501312476, and the return percentage is -56.15717708996533. In the base scenario, the EBITDA margin assumed is 52, the multiple assumed is 18, the price is 24.571823817989564, and the return percentage is -10.09211921701586. In the bull scenario, the EBITDA margin assumed is 65, the multiple assumed is 22, the price is 38.21053582772308, and the return percentage is 39.81169347867941. A news scan found the data line Sep11SIP27.33 + June30debt/Aug3shares. The multiples and odds are subjective illustrations, not estimated forecasts. The net debt of 45.998 million excludes leases unless stated, and the warrant case adds 2.18414 million shares and 4.5 million exercise proceeds. Other share-based compensation is not fully detailed. The cost shock assumes no pass-through, and the receivable lag assumes a uniform 40 million in the second half of the year over 184 days. https://www.sec.gov/Archives/edgar/data/928054/000092805426000080/ftk-20260630.htm

The final valuation for FTK R91204 is as follows: the basic market capitalization is 989.90432457 million, the gross debt is 50.4 million, and the net debt is 45.998 million. The basic enterprise value is 1035.90232457 million, and the basic enterprise value to EBITDA ratio over 52 weeks is 19.921198549423078. The warrant-adjusted shares are 38.404569 million, and the warrant-adjusted enterprise value is 1091.09487077 million. The warrant-adjusted enterprise value to EBITDA ratio over 52 weeks is 20.982593668653845. The lease-inclusive basic enterprise value is 1042.37732457 million. A news scan found the headline Sep11SIP27.33 and the data point June30debt/Aug3shares. The scenario-weighted return percentage is -11.435683404976881, based on scenario weights of 0.3, 0.45, and 0.25. The reference stop loss percentage is 14.339773143066237, and the reference target gain percentage is 43.0193194291987. The target implied enterprise value to EBITDA ratio over 52 weeks is 28.110623615388853, and the target required EBITDA at 20 times is 73.08762140001102. The working capital extra for 30 days is 6.521739130434782 million, and for 60 days is 13.043478260869565 million. A supplier cost shock of 10 percent in Q2 is estimated to be 2.3624 million, which would raise guidance by 78.74666666666667 percent. Note that net debt of 45.998 million excludes leases unless stated, and the warrant case adds 2.18414 million shares and 4.5 million exercise proceeds. Other share-based compensation is not fully reflected. The cost shock assumes no pass-through, and the receivable lag assumes a uniform 40 million over 184 days in the second half of the year. https://www.sec.gov/Archives/edgar/data/928054/000092805426000080/ftk-20260630.htm

A news scan found the headline is not available, but a data line shows financial measurements for FTK, including cash flow, operating cash flow, and accounts receivable growth. The measurements are as follows: the first half free cash flow was -7.819, the first half operating cash flow to net income percentage was -45.01607717041801, and the first half total accounts receivable was 114.126. The first half accounts receivable growth percentage was 37.0932285848139, and the external accounts receivable growth percentage was 127.98403612876123. The external second quarter sales growth percentage was 23.75768571716561. The related second quarter days sales outstanding proxy was 114.61474475437284, and the total second quarter days sales outstanding proxy was 104.51624784888342. The operating cash flow to net income percentage is a measure of how much cash is generated from operations compared to net income. The days sales outstanding proxy is a measure of how quickly customers pay their bills, with 91 being the number of days used to calculate this. The OSP cash percentage net was 36.548223350253814, and the guide increment margin percentage was 15. The international second half growth minimum percentage was 217.4603174603175, and the international second half quarter run rate minimum was 20. The extra 30 days accounts receivable on the second half 40 was 6.521739130434782, and the interest on extra 30 days accounts receivable 6 months was 0.28532608695652173. The market capitalization basic was 989.90432457, the enterprise value basic ABL only was 995.9023245699999, and the enterprise value EBITDA basic ABL only was 19.151967780192305. These measurements were calculated on September 12 from completed bars on September 11 and the June 30 filing. The MC IID training bootstrap seed was 91204, and this is not a forecast. The DSO ending AR/Q2 sales * 91 mixes unbilled/shortfall and terms, and is not invoice aging. The ABL-only EV diagnostic is incomplete, and the final valuation should add 40 million PWRtek. https://www.sec.gov/Archives/edgar/data/928054/000092805426000080/ftk-20260630.htm

On September 11, 2026, the closing price was 27.33. The highest price in the last 20 days was 35.83. The simple moving average over 50 days, which is a calculation to smooth out price fluctuations, was 26.82. The average daily range, which is the difference between the high and low prices, over 20 days was 1.96. The average true range, which is a measure of price volatility, over 20 days was 2.05. The signal, which is a trigger to buy or sell, was false. The volume over 60 days was 103.03 percent of the average. The volume over 20 days was 700,525.6. The correlation, which is a measure of how two things move together, with ACDC over 60 days was 0.41, and with SPY, which is a stock market index fund, was 0.32. The stop, which is the price at which to sell a stock, was 23.41. The target, which is the price at which to buy a stock, was 39.09. From September 9, the return percentage was 14.40, while the SPY return percentage was -0.46. The residual percentage, which is the return of the stock minus the return of the market, was 15.66. The beta, which is a measure of volatility, over 60 days was 2.72, and the alpha, which is a measure of return compared to the market, was 0.000094. This analysis was calculated on September 12 from data available on September 11, and from a filing on June 30. The analysis used a training model with a seed of 91204, but did not make a forecast. The analysis also considered sales data, including unbilled and shortfall amounts, but not invoice aging. The valuation was incomplete, so 40 million PWRtek was added to the final valuation. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=FTK&timeframe=1Day&feed=sip&adjustment=all

A measurement of FTK R91204 was calculated on September 12 from data completed on September 11, based on a June 30 filing. This calculation used a method called Monte Carlo, which is a way of simulating random events, with a specific seed number, 91204, for the simulation, and it is not a forecast. The calculation also considered sales data from the second quarter, which mixes unpaid and short-term bills, but does not account for how long invoices have been outstanding. Additionally, a diagnostic test called ABL-only enterprise value was found to be incomplete, so a final valuation was used, which included adding 40 million to the value of PWRtek. The results of the measurement include a sample size of 26, 30,000 paths, and 20 trades per path, with a range of possible outcomes, including a loss probability of 99.19666666666667 percent and a mean confidence interval of -10.889605279641955 to -1.1583756883662926 percent. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=FTK&timeframe=1Day&feed=sip&adjustment=all