Because futures are associated with specific dates, the relative prices of different futures can give you information about when in the future PPE is likely to be scarce or plentiful. In contrast, the valuation of a company just tells you one number that represents the discounted sum of all future profits. Additionally, manufacturers can sell futures to de-risk investment/production plans.
Because futures are associated with specific dates, the relative prices of different futures can give you information about when in the future PPE is likely to be scarce or plentiful. In contrast, the valuation of a company just tells you one number that represents the discounted sum of all future profits. Additionally, manufacturers can sell futures to de-risk investment/production plans.